SK3 Group Inc. (SKTO)

[I-Glow]

Renee, had a excellent post about SEC suspensions and Fraud.

The SEC uses similar terminology of "questions about accuracy and adequacy of publicly available information" in SEC Suspensions.

Essentially the SEC is alleging that SKTO's publicly available information is inaccurate and inadequate, and when a company sells shares on that allegedly false information that activity is fraud.

Until the SEC actually takes Alternative Energy Partners and any complicit principals to Court the SEC uses the vague terminology 'questions'. When the SEC files suit against the company and complicit principals the SEC will then use the word fraud.

Readers could research any samplings of other SEC Suspensions to observe identical terminology, and then observe that the SEC alleges fraud when they take the offending company / principals to Court.

We know there was fraud when SKTO stated they had $52 million in revenue - and we knew there was fraud when they stated they had contracts with 11 collectives - each paying SKTO $5.1 million per year.

The result was that the SEC investigated SKTO/AEGY and they suspended them.

IG