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Tuesday, March 04, 2014 1:37:15 PM
Back in June 2013 SKTO tried to merge with Medical Greens, Inc., also, but they did not succeed then. Why would they succeed now with the same merger they failed with before?
I can't find any more info about their previous failed merger attempt nor the reasons for it failing just the articles announcing it from SKTO. I'm worried that this could end up just being a repeat of the previous SKTO merger pump exactly like they did last year:
http://www.marketwatch.com/story/skto-announces-merger-approval-namecusip-change-2013-06-20
"Jun 20, 2013 (ACCESSWIRE via COMTEX) -- MIAMI, FL --June 20, 2013- SK3 Group, Inc. (otc pink:SKTO) announces that it will be merging into its California subsidiary Medical Greens, Inc ("Medical Greens") and will apply to have its newly re- issued common shares admitted for trading under the name Medical Greens, and with a new trading symbol, upon approval from FINRA. Shareholders of SKTO will be required to exchange their SKTO shares for new shares of Medical Greens, the survivor in the planned merger. Also, SKTO will be applying for a new ticker symbol and CUSIP to reflect the new corporate name.
The previously announced distribution of common shares of Alternative Energy Partners, Inc. held by the company, to its shareholders is still underway and awaiting the filing and effectiveness of a registration statement for the shares, to be filed by Alternative Energy Partners. The company is advised that the registration statement should be completed and filed next week by Alternative Energy Partners. "
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