SK3 Group Inc. (SKTO)

[hedge_fun]

Fools or hucksters? Here's the Q2 estimates..........

sort of.


The Company has entered into licensing agreements with 11 separate medical marijuana collectives as of March 31, 2013, each of which provides for an annual license fee of $2,500,000. This annual license fee is being reported on a monthly basis commencing with March 2013, of $208,033 per month each. Under separate marketing agreements with each of the 11 collectives, the Company also is entitled to a monthly fee of $208,033 for services provided in the prior month, billed in arrears at the end of each month. Under a separate general management agreement, the Company also provides management services to each collective, billing in arrears for services provided, at the rate of $8,333 per month, commencing with March, 2013.

$208,033 x 11 x 3 months = $6,865,089.

Now if these non-profit collectives don't pay, won't the revenues be $13,730,178? Or do you add $274,989 ($8333 x 11 x 3 months)?

SKTO/DOPE ~ Show more revs if you don't collect a dime!!!

Too funny.