SK3 Group Inc. (SKTO)

[TraderGreen]

Thanks All in - Although I don't expect Fins to be bad (I don't expect them to be stellar either, just not bad) the most exciting part is the Audit. This tells me that mgmt is focused on moving this up off the pinks as quick as possible (gotta' be over .10 or $1 depending on the exchange for that to happen:).

It will also open the door to some rather large financing...

This leads me to my next point which is the banking aspect of their business model. Although nobody (except it seems i-glow) has a crystal clear picture of what the business model is yet (I'm sure we're going to know a lot soon) if they get into banking and loans for this industry they will quickly take the lead, as there is nobody else is currently in that race. This could be huge!

Corner the market early on the banking side and this could lead to some windfall profits. Other banks will sit on the sidelines for years being too scared to pull the trigger and will miss out on numerous high rate (high rate due to "high risk") loans. You could probably write loans all day long at 10-15% in what will soon be an extremely profitable industry.

The Chases and BofA's of the banking world will eventually get in and drive rates down, but not before hefty profits have been made and industry leader status has been gained by what is now SK3 (I'm sure we're in for a name change soon too).