Yes, I have already proven the O/S is over 1 Billion shares.
One more time - but if you had read the financials you would already know this.
The A/S hasn't been updated in Delaware - and as everyone knows the State of Delaware doesn't vet the share structure - they post what the company tells them.
Here are the cold hard facts straight from the SKTO financials.
Obviously the share structure isn't accurate that is listed on OTCM or in Delaware.
Quote:Shares Outstanding 601,500,303 a/o Sep 30, 2013
But from the Q3 we find:
Quote:As a result of the acquisitions and note conversions, there were a total of 539,990,303 common shares issued at June 30, 2013, as follows:
Shares issued at March 31, 2013 362,050,303
Shares issued on conversion of notes 137,940,000
Shares issued for acquisitions 40,000,000
Total shares issued and outstanding at June 30, 2013 539,990,303
But, that doesn't include the 170,000,000 shares to Crystal Falls for the $4000 note - then another 8,500,000 shares for legal fees and expenses.
The total numbers of outstanding shares is 718,490,303.
And from the Q3 we can see the following:
Quote:At December 31, 2011, the Company had accounts payable of $148,671, of which $144,400 was due to CFOs to Go, Inc. under a consulting agreement dated March 1, 2010, which was terminated September 30, 2011, and of which an additional $4,271 was due to the Company’s transfer agent. On December 30, 2011, the balance due to CFOs to Go, Inc. was converted into a convertible promissory note, in the amount of $144,400, due December 31, 2013. In January, 2013, CFOs to Go, Inc. merged with and into Matriarch Management, Inc. and Matriarch thereafter assigned the note balance to six unrelated parties, with six new notes in the principal amounts of $24,067 each issued to replace the old note. In May, 2013, each of the six holders
elected to convert $6,897 in principal of each note into 22,990,000 common shares in accordance with the conversion provisions in the original note. The principal balance still due on each of the six notes at September 30, 2013 is $17,170.
That leaves 6 notes at $17,170 for a total of $103,020.
The notes were converted at $6,897/22,990,000 = $0.0003.
There is a total of $103,020 left on the note that is a total of 343,400,000 shares to add to the O/S.
We already have 718,490,303 in the O/S from Crystal Falls and when you add the CFO's To Go notes the grand total is: 718,490,303 + 343,400,000 = 1,061,890,303 shares in the O/S.
And again, this doesn't include the 60% shares that iEquity owns.
