Replies to post #63758 on SK3 Group Inc. (SKTO)

[Escabar]

Those preferreds need to exchange to the new ticker too, right? So like a 10:1---> then 1:3?

[Thermoking]

Ok , 505 thanks that's better.

[hedge_fun]

AS will have to be at least 1.5B......3 for 1!

Now if any notes have been converted and if Berk-LieO was bought with 20MM shares, that becomes 60MM shares. Convertible notes triple!

Say hello to lower prices!

[my2Mustangs]

Yes, you're right. Hipple/Jan/Gelmon set AEGY up the same way.

Here at SKTO the AS is 500M(common) and the vote control to approve things like AS increases, RSs, etc is with the 5M(preferred)Of course iEquity(Hipple and associates) have the preferred shares for a total of 505M.

The legal AS at AEGY is 250M(common) and 5M(preferred) for the vote control for a total of 255M.
AEGY has a claimed AS of 600M according to their TA but iEquity approved an AS increase to 2.5B in May but neither the 600M AS nor the 2.5B AS has been filed in Florida. Last amendment to the share structure was Jan, 2012 when it was raised from 100M(common) and 5M(preferred) to 250M(common) and 5M(preferred)