SKY440 Inc (SKYF)

[jhnvtjll]

They won't be able to sell 20B shares in the offering. The Reg A offering was qualified and became effective on November 9, 2018. It'll terminate on November 9, 2019 (subject to up to 30 days extension), so there's not much time left. As of March 31, 2019, they only sold $6,000 worth. That's only 120M shares.

As of March 31, 2019, the Company had filed a Regulation A Tier 1 Offering Circular with Securities and Exchange Commission ("SEC") on July 26, 2018. Under the terms of the filing, as amended, the Company is looking to raise $2,000,000 at $.0001 per share once the filing becomes effective. On November 9, 2018, the Regulation A Tier 1 Filing was qualified and became effective. As of March 31, 2019, Six-Thousand Dollars ($6,000) in proceeds from the Regulation A Tier 1 Filing had been received by the Company. Details of the Regulation A Tier 1 Filing are available through the Company's filings with the SEC at www.sec.gov.