Replies to post #63021 on SK3 Group Inc. (SKTO)

[hedge_fun]

I guess you are suggesting every dispensary is paying this? What does the contract say?

I'm suggesting they aren't. I read the filings. ZERO cash on hand.

The Company has entered into licensing agreements with 11 separate medical marijuana collectives as of March 31, 2013, each of which provides for an annual license fee of $2,500,000.
This annual license fee is being reported on a monthly basis commencing with March 2013, of $208,033 per month each.

http://www.otcmarkets.com/financialReportViewer?symbol=SKTO&id=103831