Skybridge Tech Group (SKGO)

[skyrocketinsight]

I gave them the benefit of the doubt in that regard, however there was the December 23rd proclamation that the deal may go through then (wouldn't that make a nice Christmas present).

The 23rd of December came and went. They made the proclamation that the deal would be finalized mid first quarter 2011 (mid February) at the latest.

Then January 28th or something like that they received funding from an outside source (and believed they had the money to finalize the Textraw Deal).

Two monthes later they announce that M*M introduced an Indian company to SKGO so they could finalize the deal with Textraw as the Indian company had liquid assets to seal the deal.

Now it seems that they are on schedule to finalize the deal by the end of May. Just what is the game.

With the kind of M*M announcements on Monday/Friday's tips, they would be better off not making an announcement in the first place rather then such uncolorful diluted words that really have little meaning.

I raised my sale price on SKGO substantially based on this procrastination by the company as I said I would (as more time went by) however something doesn't add up with all of their (SKGO/M*M) previous announcements.