SK3 Group Inc. (SKTO)

[Ed the Trader]

This is not conspiracy talk, this is business talk. ...
Watch the coming months very closely now. Especially tobacco and big pharma.

You are talking about a conspiracy though. You are suggesting that for some reason the large tobacco and pharmacology corporations want to take over the marijuana market so badly that they have gone to the trouble of bribing the SEC to block all of these micro-caps from staking out a position in the marijuana market.

Sorry, but that is ridiculous.

If you look, for example, at two of the largest tobacco and pharmacology corporations, Philip-Morris and Abbott Laboratories, they are worth $138 BILLION and $59 BILLION respectively. Yes, those are BILLIONS, with a "B".

These little micro-caps, like SK3 Group, with their valuations in the millions or tens of millions of dollars, provide ZERO threat to such a huge corporation as Philip-Morris or Abbott Laboratories. Why would such huge corporations risk the liability of such illegal activities as illegally influencing the SEC, when they could completely crush SK3 Group in the open marketplace?

If a corporation like Philip-Morris or Abbott Laboratories wanted to enter the marijuana business, they could drop a BILLION dollars on it TODAY just using cash in their bank account without the need to raise any additional capital or without batting an eye. Their huge team of lawyers, and no businesses have more VERY competent lawyers than those in the tobacco and pharmacology industries, would ensure that all of the legal paperwork was done correctly, and done correctly the first time. Their engineers and scientists would craft products that would make anything SK3 could offer look like dog cr@p. Their marketing people would destroy SK3 with tidal wave of highly effective advertising such that people everywhere would ask, "SKWho?"

There is no need for intervention from the SEC to make any of this occur. The current players in the marijuana industry are like irreverent street corner nickle-and-dime peddlers compared to what a multi-million dollar corporation would do with the marijuana market.

If there is a reason for the SEC to be "holding back the MMJ sector," beyond that every illegitimate macro-cap looking for their next path to screw over shareholders have jumped into the marijuana arena somehow, it is that currently, ALL use of marijuana, which is a Schedule 1 substance, is BANNED by Federal law. The fact that Eric Holder and the DOJ does not wish to perform their sworn duty to enforce the law does not excuse the SEC from their similar duty. It remains to be seen if the SEC would leave alone a legitimate publicly-traded marijuana business that actually followed all security-law regulations.