SK3 Group Inc. (SKTO)

[I-Glow]

I have seen questions being asked about the share exchange if there were ever a merger (of course there won't be) but as it looks like now it would be close to 1 for 1 - but we need to take a closer look.

The Market Value of SKTO is $17,984,859 and for AEGY it is $18,400,650.

But, there is good news - using my calculations on the O/S (which is over 1 billion shares) the market value of SKTO is roughly $30,000,000 but the O/S for AEGY on OTCM isn't correct either.

If you looked at the press release it had the following:

The final exchange rate for the common shares of AEGY and SKTO will be based on the volume weighted average market value of each company on the record date

If they use the VWAP just for the record date - for today it is 0.0064 for AEGY and 0.036 for SKTO.

Using the VWAP for today and market value - by my calculation it will be 6 shares of SKTO for every share of AEGY.

When we take into account the correct O/S for AEGY - the number changes to:

3 Shares of SKTO for every share of AEGY.

Please jump in with your own calculations.

IG