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Re: hedge_fun post# 46828

Friday, 07/12/2013 10:05:26 PM

Friday, July 12, 2013 10:05:26 PM

Post# of 233676
SKTO Hipple debt Note - Robert Hipple didn't dissolve the merger. The merger of his CFOs to Go entity into his Matriach Management Inc entity happened on 6/27/13.


CFOs to Go was the non-surviving entity

http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=ED3ekm9Xsl4q8zq%252fyfmUuw%253d%253d&CorpName=CFOS+TO+GO%2c+INC.


Matriarch Management was the surviving entity

http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=C872dgROY0Q%252fsWCO7b7lZA%253d%253d&CorpName=MATRIARCH+MANAGEMENT%2c+INC.


But yes the merger happened the day before the authorized share count was increased.

Maybe they couldn't convert their $144,400 Note until after the merger was completed.

With the merger completed on 6/27/13 the Note was probably read to be converted.

At $.003/share that $144,400 Note would become 48,133,333 shares.

It is very likely that they did convert their note and/or some other note(s) which is why they needed the extra shares to be authorized and raised the authorized share count to 750,000,000 on 6/28/13.

If they did wait until 6/28/13, I wonder why it took them so long to complete the merger and get the Note converted. They would have made a lot more money converting sooner and dumping those shares while the SKTO pump was at its peak.

As far as your math goes, at an average selling price of $.02/share that $144,400 Note would have made $962,666 for a profit of $822,266.

Since the Note was probably issued for services rendered or some kind of acquisition of some kind of fake company in the past the $962,666 actually could be considered all profit.

There hasn't been enough volume since 6/28/13 to have sold all 48,133,333 shares so Robert Hipple won't get an average price of $.02/share if he just started selling those shares starting on 6/28/13. Sad fact is that neither will anybody else trading SKTO.

















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