SK3 Group Inc. (SKTO)

[stockfinder2012]

A: A re-release to MarketWire gives the company a good opportunity to clarify the information. The text seems to imply a share for share exchange almost by default. However, I agree the PR needs clarification on this point and would like to see a revision with a fuller explanation of what shareholders can expect. I'm sure the company will accomodate us.

The opinions on the boards about this particular issue aren't reliable or trustworthy without reference to clear and reliable sources.


Jun 20, 2013 (ACCESSWIRE via COMTEX) -- MIAMI, FL --June 20, 2013- SK3 Group, Inc. (OTC Pink: SKTO) announces that it will be merging into its California subsidiary Medical Greens, Inc ("Medical Greens") and will apply to have its newly re- issued common shares admitted for trading under the name Medical Greens, and with a new trading symbol, upon approval from FINRA. Shareholders of


SKTO will be required to exchange their SKTO shares for new shares of Medical Greens, the survivor in the planned merger. Also, SKTO will be applying for a new ticker symbol and CUSIP to reflect the new corporate name. The company will register the shares to be issued in the merger.

The previously announced distribution of common shares of Alternative Energy Partners, Inc. held by the company, to its shareholders is still underway and awaiting the filing and effectiveness of a registration statement for the shares, to be filed by Alternative Energy Partners. The company is advised that the registration statement should be completed and filed next week by Alternative Energy Partners.

About SK3

SK3 is a healthcare logistics and fulfillment consultancy focused on the delivery of alternative care and medicine. With seasoned management, breakthrough technology and best practices, SK3 brings standardization and transparency to this rapidly growing segment of the alternative care field.

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A. Mayor

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