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Replies to post #130629 on SK3 Group Inc. (SKTO)
I-Glow
04/04/14 8:14 PM
#130632 RE: 2014shelby #130629
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 company will register the shares to be issued in the merger.
Jun 24, 2013 (Marketwired via COMTEX) -- SK3 Group, Inc. (OTC Pink: SKTO) announces that the previously reported merger of the company into its wholly-owned subsidiary, that was approved by the Board of Directors of the company, will result in the SKTO shareholders receiving three shares of Medical Greens, Inc. ("Medical Greens") common shares for each common share of SKTO held. The Medical Greens shares to be issued in the merger will be registered with the SEC and applicable state securities regulators. The parent-subsidiary merger was approved by the Board of Directors and does not require shareholder approval under state law. Medical Greens will be the surviving entity in the merger and as part of the transaction will request a new trading symbol from FINRA and a new CUSIP number.