SK3 Group Inc. (SKTO)

[stockfinder2012]

Thanks. Good DD from CUSIP and DTC. As I read it, a New CUSIP along with Company Name Change (matched with address of company) plus New Ticker force full "accountability" and, importantly, a "movement of shares," that is, the actual exchange of bona fide old shares (old inventory) for bona fide new shares (new inventory). This comprehensive multi-stage process almost seems mechanical in process whereby any shares, short or naked, would be exposed and therefore could not be electronically masked as they could be were there fewer changes.

Very interesting. Great post.

Full Post
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89229433

Segment
Re: "Vinnie, from the CUSIP Service Bureau, explained it to me as such...

When stock 1234 changes its name and CUSP# to stock 5678, the shares of stock 5678 are given to them electronically by the TA to replace stock 1234. This is the key transaction. If only a CUSIP# change transpires then a lesser type of accountability takes place. The name change matching the address of the company is what actually forces an exchange of the "old inventory" of shares to the “new inventory” of shares. Without the name change, there is NOT a "movement of shares" from the TA that takes place.

Here with SKTO, the share transaction between SKTO and Medical Greens is what will force a “movement of shares” which means that any short or naked short positions can’t be masked as it would if the transaction was done electronically alone."