Risk you are 100% correct. I decided to sit on sidelines fearing a possible. SEC suspension. I will wait till the smoke clears.. AEGY has this to deal with also.. Still own a tiny bit in avne should be interesting.
iEquity Corp to acquire controlling interest in AVNE Los Angeles, CA – February 23, 2014 – iEquity Corp today announces that it has signed a definitive agreement to acquire the controlling interest of Aventura Equities, Inc (OTC.PK: AVNE).
What is funny is that SKTO started on the audited financials in June 2013:
Jun 27, 2013 (OTC Pink: SKTO) announces that it has engaged the firm of L.L. Bradford Company, LLC to audit the financial statements of SKTO for the years ended 2010 through and 2012 and the current periods to date, and of its subsidiary, Medical Greens, Inc. through June 30, 2013. Audited financial statements are required for the pending registration statement for the merger of SKTO and Medical Greens announced last week, and the issuance of the new shares to be issued as a result of the merger.