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Re: KathyBMR post# 7219

Sunday, 03/17/2013 1:25:13 PM

Sunday, March 17, 2013 1:25:13 PM

Post# of 146837
I believe your understanding of the SS is radically wrong.

You have no idea what was given up in this theoretical reverse merger deal. SKTO was/is a non-reporting pinkie shell that just acquired Medical Greens in a reverse. these typically result in the primary functional company acquiring 80 - 90% of the shell.

two years ago the O/S was near 400 Million. If that were even 20% after this deal the O/S would now be 2 Billion post deal. To think the new leadership put a functional company in here for 25% of a shell is ludicrous. what value do you place in Medical Greens and with that value, how do you think the shell paid for it? Remember, the deal was consummated PRIOR to the latest run so the value placed, and shares offered, would be based on the pre-news values.

i read the DD this weekend and love to see how so much value is being placed in this unknown company and yet those very same think the leadership of that company sold out for pennies on the dollar.