Replies to post #1570 on SK3 Group Inc. (SKTO)

[HARVARD LAW]

SKTO Merger & Dividend play

SK3 Group, Inc. Announces Name Change To Healthcare Of Today Services, Inc.
March 31, 2010
SK3 Group, Inc. announced that it will change its corporate name to Healthcare of Today Services, Inc. The name change will be effective upon approval by FINRA and issuance of a new trading symbol for the common stock. The corporate name change reflects the new business direction of the Company, which is now a controlled subsidiary of Healthcare of Today, Inc. (HOTI) as a result of the issue of a controlling stock interest to HOTI on March 22, 2010 for the acquisition of two of HOTI's health services subsidiaries

2.Dividend payment

SK3 Group, Inc. Announces Planned Stock Dividend
May 11, 2010 10:16 AM ET

SK3 Group, Inc. (PINK SHEETS: SKTO) today announced that it has entered into an agreement with Healthcare of Today, Inc. (HOTI) that will result in a distribution to SK3 shareholders of shares of HOTI common stock held by it. SK3 shareholders will receive 1 share of HOTI common stock for each 1,000 shares of SK3 common stock outstanding. The distribution will be made upon the effectiveness of the registration statement for the HOTI shares; this which is expected to be filed by HOTI shortly, as soon as the audit of HOTI's financial statements is completed. The anticipated registration price for HOTI shares is $12.00 per share, subject to adjustments for market conditions and other factors at the effective date.

In March, 2010, the Company also announced its intention to change its name to Healthcare of Today Services, Inc. in preparation for its role as the services, facilities, education, and health plan services holding company for Healthcare of Today's services company portfolio, in addition to Angels of the Valley Hospice Care (www.angelsofthevalley.com) and Medical Billing Specialist (www.medbillspec.com).

The expected acquisition of the additional healthcare services companies will be closed as soon as the Company, with the assistance of Healthcare of Today, completes the audit of its financial statements, re-establishes itself as a fully reporting company under the Securities Exchange Act of 1934, and obtains regulatory approval for the name change. Following the effectiveness of those steps, SK3 Group also has declared its intention to apply for NASDAQ listing of its common shares as soon as the listing requirements are met.

About Healthcare of Today, Inc.

Healthcare of Today is a vertically integrated healthcare holding company. Founded in 2008, it has since acquired a number of companies, many specializing in the senior care industry. Its direct and indirect subsidiaries are engaged in a wide range of businesses including: nurse staffing, residential care facilities for the elderly, home healthcare services, home healthcare equipment sales, healthcare IT, medical devices, healthcare consulting, insurance, data security, biotechnology, and alternative energy. For further information please visit www.healthcareoftoday.com.

Hope this answers your question Angel