SK3 Group Inc. (SKTO)

[stervc]

0001, to further add on such thoughts...

I'm still not sure what it will be called... be it a dividend... a Spin-off IPO... or who knows??? SKTO tried something like this before I believe, but lacked the management and most of all… lacked the entity to generate sustained Revenues/Income to justify delivering such a gift to its shareholders. I think they see that the time is now with Medical Greens. In my opinion, there’s nothing to debate as the flavor of debates have turned into something that's not respectable and is more concerned on ego for getting the last word in. Regardless of any debate, we all will have to simply just wait and see as time always have a way of proving very much, if not all, within the market.

However, I think some are getting caught up on some of the semantics instead of focusing on the ”concept” of the desired outcome. First read this VDSC posts below with keeping in mind the concept that I have been trying to explain here with SKTO:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87994003
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89606201

Now understand that after the creation of the separate entity… then a merger taking place… then the following transaction could be called a variety of the names mentioned so far. Maybe now from reading the posts above, maybe this transaction will be called a ”Special Dividend” for what SKTO is doing as some more food for thought:

http://en.wikipedia.org/wiki/Special_dividend

http://seekingalpha.com/instablog/12434781-ex-dividend-com/1880411-special-dividends-explained
Special Dividends Explained

Special Dividends are included to our Subscribers and will list upcoming and historical companies that have announced Special Dividends. Special Dividend Coverage will include the Special Dividend Amount(s), Record Date, Ex-date, Payment Date, and Ex-distribution Date or Date which the stock/security will begin trading on an ex-distribution basis.

When a Special Dividend is declared by a Company, it is important to know if the Percentage of the Special Dividend being paid is more or less than 20% of the stock/security price at the time the Special Dividend is declared.

Special Dividends 20% or less of the stock/security price, not a Spin-off of a new Company, Scrip or Due-Bill (regardless of its size in relation to the listed security) the dividend is treated as a regular dividend in regard to the holding requirements. If you purchase a Special Dividend stock prior to the Ex-dividend Date, and sell on the Ex-dividend Date or after, you are a stockholder on the Record Date and YOU WILL receive the upcoming declared Special Dividend payment.

Special Dividends 20% or less of the stock/security price paid in cash or stock must be purchased one stock market trading day prior to the Ex-dividend Date, three stock market trading days prior to the Record Date. The Ex-dividend Date is the earliest you can sell the stock/security to receive the declared upcoming Special Dividend.

Special Dividends 20% or more of the stock/security price paid in cash or stock, Spin-off of a new Company, Scrip or Due-Bill (regardless of its size in relation to the listed security) the Exchanges require that the Ex-dividend Date be delayed, or begins trading Ex-distribution one market trading day after the Payment Date.
Special Dividends 20% or more of the stock/security price must be purchased a minimum of three stock trading days prior to the Record Date or Date of Record, one stock trading day prior to the Ex-dividend Date as you would a Regular Dividend. However, the earliest you can sell the stock and still be entitled to receive the Special Dividend, is one market trading day after the Payment Date, the delayed Ex-dividend Date or date it begins trading Ex-distribution set by the Exchange.

When large or valuable cash or stock dividends (usually 20% or more), or a dividend not in kind (i.e., a distribution of securities of another issuer), or a split-up is declared, it is the policy to postpone the Ex-dividend or Ex-distribution Date until the dividend has been paid. The reason for this is so that the stock is not quoted at the substantially lower Ex-dividend or Ex-distribution price until the distribution is received by shareholders. If this were not the case, the collateral value of the stock would be reduced between the Ex-dividend Date three days prior to the Record Date and Payment Date, and the shareholder might be required to provide additional collateral.

v/r
Sterling