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I-Glow

01/06/14 12:35 PM

#108180 RE: LoanStew #108171

LoanStew, what I find odd about the contracts is the following:

On 03/11 SKTO announced the acquisition of Medical Greens (although they didn't exist except in the press release) and they said they had $12.5 million in contracts.

Then on 03/22 miracle of miracles Medical Greens has another $17.5 million in contracts.

They were on fire but since then there was a vague one sentence statement in the financials about now have 15 collectives - that was 10 months ago and nothing about adding anymore collectives.

And it seems the SKTO creative writers have a difficult time with basic math. By 03/31 the end of Q1 the contracts had grown to $56.1 million for the 11 collectives (11 collectives x $5.1 million per collective = $56.1 million).

What happened to the exponential growth in signing up collectives?

Just part of the pump.

IG