SK3 Group Inc. (SKTO)

[LoanStew]

There's still more pain to come here...

See, the SEC wasn't going to do this until they had ALL their ducks in a row. Apparently now they do. As has been said by Integral, the fallout will take YEARS. For some, it will be sooner.

I doubt Hipple is let off of his suspension after 5 years...he may get the earliest penalties. Benz's actions will come to immediate challenge I'm sure via complaints to the Bar...I would hope longs who had contact with him/saw his actions on Twitter and in the CCs would be eager to jump on that bandwagon.

I expect that the SEC is going to speedily figure out who owns each and every share of convertibles, especially the unnamed on numerous filings. I expect they'll not find any shorting, but they'll find a ton of unregistered shares. A TON.

I expect they'll find out who paid for the 84 promo pumps.

I expect they'll figure out who has been working message boards in order to help facilitate volume in SKTO/AEGY across the internet.
I expect they'll figure out who was directly affiliated (or unofficially affiliated) with SKTO and was attempting to manipulate the volume of the stock for his/her personal gain.

You don't suspend sister stocks the same day without a ton of ammo.
The ax will fall on many.

This is what happens when scams are suspended.
One by one, people fall. Those who roll, land softer.
IMO/FWIW