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I-Glow

08/25/14 9:06 AM

#143874 RE: rilharri #143853

Let's see - the SEC suspended both SKTO on one order.

The SEC knows that when they suspend a stock it is a death sentence to the company.

They also feel they have enough proof that if challenged they can litigate.

So why hasn't SKTO filed a lawsuit against the SEC?

You need to read the suspension order:

It appears to the Securities and Exchange Commission that there is a lack of
current and accurate information concerning the securities of SK3 Group, Inc. because of questions concerning the accuracy and adequacy of publicly available information about the company, including, among other things, its business activities, the control of the company, and trading in its securities.

The investigation is ongoing - the SEC will provide more information when they bring additional charges.

IG