![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, July 02, 2013 11:20:19 AM
Ok, now take this post below, read it, and really try to understand it. Don’t get wrapped up into the semantics, but instead focus on the concept:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89576326
Now imagine owning 3 times the amount of SKTO shares you currently own, but in Medical Greens instead and at the .59 per share valuation that I explained within the post below:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89444464&txt2find=.59
Now do you see what they ”could” be ”trying” to do? Again, maybe they just do such transaction as a 3-1 forward split would be done to where the price would be adjusted by 3 after we receive 3 times the amount of shares we own, but maybe not. Maybe they do such transaction as a ”Spin-off IPO” as I had tried to explain as a possibility. I don’t know, but either way will be a win win for us SKTO shareholders in my opinion.
I don’t have all of the answers as they must come from the company, but the concept of SKTO doing a ”Spin-off IPO” should be considered as one of a few possible options from interpreting their PR below:
http://ih.advfn.com/p.php?pid=nmona&article=58142538
SK3 Group, Inc. (OTC Pink: SKTO) announces that the previously reported merger of the company into its wholly-owned subsidiary, that was approved by the Board of Directors of the company, will result in the SKTO shareholders receiving three shares of Medical Greens, Inc. ("Medical Greens") common shares for each common share of SKTO held. The Medical Greens shares to be issued in the merger will be registered with the SEC and applicable state securities regulators. The parent-subsidiary merger was approved by the Board of Directors and does not require shareholder approval under state law. Medical Greens will be the surviving entity in the merger and as part of the transaction will request a new trading symbol from FINRA and a new CUSIP number.
v/r
Sterling
Sterling's Trading & Investing Strategies:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39092516
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM