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TitleSK3 Group Inc. (SKTO)
CountryUnited States
Fans
 
 
Description

SK3 Group, Inc.

(SKTO)

http://www.sk3groupinc.com


Corporate Overview

          "SK3 Group offers a range of comprehensive health care services to meet our clients’ needs. We not only offer the most valued, high-demand medical and health-related services in the industry today, including hospice care, but explore opportunities in health care business support. Through providing excellent services to both medical professionals and the individuals they care for, SK3 Group is making its mark in the health care industry today." (1)

Share Structure

Authorized Shares: 150,000,000
Outstanding Shares: 138,191,303

Transfer Agent

Interwest Transfer Inc.
1981 Murray Holladay Road
Suite 100
Salt Lake City, UT 84117 (2)

History

          SK3 Group Inc (formerly CTT International Distributors) (3) is a holding company specializing in the medical and health-related services industries. As of 12-10-2009, Healthcare of Today Inc. (henceforth referred to as "HOTI") has gained a controlling interest in the company (4). SK3 Group will be re-named to "Healthcare of Today Services", along with a new stock ticker and CUSIP number, at a yet undefined date. Prior to this date, SK3 Group had acquired various companies within the medical and health-related services industries. A closer look at the companies is provided below:

10-09-2009: SK3 Group Acquires Nurses On-line for $1,200,000 in a "blended" deal of cash and stock (5)

10-19-2009: SK3 Group signs 4,000 employee services contract with AMS Outsourcing Inc. (6)

10-20-2009: SK3 Group signs two-year contract with American Transport Administrative Services (7)

10-21-2009: SK3 Group signs two-year contract with Allegiant Professional Business Services Inc. (8)

10-23-2009: SK3 Group signs a two-year contract with Leading Edge Benefits Inc. (9)

10-26-2009: SK3 Group announces marketing campaign for it's Preferred Medical Card. "The Preferred Medical Card allows SK3 Group to offer discounted healthcare and medical products to it's existing portfolio of PEO members. The Preferred Medical Card offers discounts from 10-60% on healthcare services and products at over 35,000 providers such as CVS and Aetna Dental Access." (10)

10-28-2009: SK3 Group signs a joint venture with Premier Medical Group (PMG). "PMG is a mobile provider of diagnostic testing, allowing the patient to have testing in a familiar environment while allowing the doctor to maintain and provide quality in-office diagnostic procedures without any of its associated complexities. The company has been in business for seventeen years and currently does over four million dollars a year in sales."

Note: SK3 Group recieves 20% of all fees and visit revenues. Average revenue is $140/test administered. (11)

10-28-2009 SK3 Group signs a joint venture with Chiropractic USA Inc. Chiropractic USA has been in business for seven years and currently has thirty five franchisees across the US, generating systemwide annual revenues in excess of $14,000,000.

Note: SK3 Group recieves 19% of all visit fees, 30% override on long-term patients (5+ yrs) referred. Average revenue is $50-100/visit. (12)

12-02-2009: SK3 Group signs a Letter Of Intent (LOI) to acquire Medical Billing Specialists Inc. for $4,100,000 from Healthcare of Today, Inc. (13)

12-03-2009: SK3 Group signs a LOI to acquire Angels of the Valley, LLC. for $3,850,000 from Healthcare of Today, Inc. (14)

12-10-2009: SK3 Group announces Healthcare of Today, Inc. has attained a controlling interest in the company, represented by 44,986,954 common shares. As part of the issue of the shares, SK3 amended it's Articles of Incorporation to increase the number of shares of common stock authorized to 100M. (15)

Note: The number of authorized shares is equal to the total number of all shares. The number of shares issued is the number of shares outstanding, plus the number of shares held within the treasury. The is no information available as to the number of shares within the treasury, so we can only assume that HOTI holds 51% of the commons. Based on this assumption, there would be a total of 88,209,714 in the float. The number of shares available for "trade", however, would thus be restricted to 49% of this value, as we can assume HOTI is not freely buying/selling at the open market. Therefore we are looking at roughly 43,222,760 shares on the open market. (Please note that these are only my assumption and that the market cap, eps, and other calculations must be made using the full float, not a "partial" value depicted here. These values are simply stated to gauge the number of trading shares.)

12-10-2009: SK3 Group announces the company will be moving it's corporate headquarters to California, effective 01-01-2010. The current Florida office will become a regional sales location. (16)

12-17-2009: SK3 Group announces LOI to become Healthcare of Today Services. Registry will be through the State of Nevada. (17)

SK3 shall be reinstated as a reporting company under Section 12g of the Securities and Exchange Act of 1934;

The shareholders of Healthcare of Today and SK3 shall have approved the merger and consolidation as required by the respective laws of their places of incorporation.

Healthcare of Today and SK3 shall have filed a Form S-4 registration statement with the SEC for the new consolidated holding company to register the shares to be issued in the merger, and that registration statement shall have been declared effective;

Healthcare of Today and SK3 shall have filed a listing application for listing of the common shares of the new consolidated holding company on the NASDAQ stock market, and the application shall have been granted.

03-16-2010: SK3 Group announces that Angels of the Valley Hospice Care now offers complete palliative services at it's Artesia, California branch. This extends Angels of the Valley's hospice care coverage to Artesia, Long Beach, and Orange County.

Note: "Labor statistics further support the growth of the industry: since April 2009, the demand for professionals in the hospice industry has increased by 314%, despite the economic recession." (18)

04-07-2010: SK3 Group announces that is has signed an agreement with Healthcare of Today, Inc. for the transfer of PRN Registry and ZAP Healthcare, LLC. Both companies will become operating subsidiaries of SK3 Group, expected to be complete in the next 45 days. (19)

04-08-2010: SK3 Group announces the acquisition of three companies: Kirby Bates Associates, Role-Based Practice Solutions, and HealthStaff Training Institute. (20)

04-19-2010: SK3 Group and Healthcare of Today jointly announce a definitive agreement to acquire ima Sleep Disorder Center, Inc. and Southern California X-Ray-EKG Inc. (21)

04-21-2010: SK3 Group and Healthcare of Today jointly announce an agreement for SK3 to acquire over fifteen different healthcare facilities and service businesses from it's parent company.

Note: "Nurses of Today; Body Fusion 150; Skyhill Living; Bergstrom Home Medical; Classic Care Medical; Discount Diabetic; Nurses of Tomorrow; Caring Nurses Educational Institute; ILN Pharmaceuticals; Smart Home Healthcare; Presto! Gourmet; Sunnyfield Adult Daycare; ClinicFirst; Northwoods Village; ima Sleep Disorder Center; Southern California X-Ray-EKG; and Building Maintenance of Today. The agreement also provides for later inclusion in SK3 Group of Nevada Adult Day Healthcare, and which is currently the subject of a Letter of Intent with Healthcare of Today. The companies that are subject of the agreement announced today expand SK3's range of services significantly. SK3 Group recently announced plans to change its name to Healthcare of Today Services, Inc. and hold various services, facilities, education, and health plans for the parent company. SK3 Group has already signed an agreement with the parent company to acquire Kirby Bates Associates, Role-Based Practice Solutions, Northwoods College, HealthStaff Training Institute, PRN Registry, ZAP HealthCare, Casita de los Niños, Angels of the Valley Hospice Care, and Medical Billing Specialist." (22)

04-26-2010: SK3 Group to acquire $150M in biomolecule inventory from Discovia Life Sciences

Note: "Discovia Bio-Molecules, Inc., a Florida corporation that is a wholly-owned subsidiary of Discovia Life Sciences, Inc. to purchase $150 million in biomolecules, subject to testing and validation of the biomolecules. Discovia Life Sciences, Inc. is the biotechnology and life sciences portfolio company of Healthcare of Today, Inc., which controls SK3 Group, Inc. Bio-molecules have been identified for use in a variety of possible treatments, including: RANTES/CCR5, which may prevent transmission of HIV; Interleukin-2 ("IL-2") an immune modulator approved by the FDA for treatment of some types of cancer; IL-8, which attracts white blood cells to areas of tissue injury, playing a role in inflammatory diseases; IL-12, a cytokine with immunity stimulating, anti-viral activity; and GM-CSF, a protein that stimulates white blood cell production, decreasing risk of infection. Some biomolecules may also play a role in tissue growth and healing after transplants and major surgery. In addition, biomolecules have topical uses, and can be used for skin ailments including burns, to promote healing and prevent scarring. They are also in demand for cosmetic and skin care uses." (23)

 

 Healthcare of Today, Inc.

(HOTI)

http://www.healthcareoftoday.com/


Corporate Overview

          "Healthcare of Today, Inc. is a holding company focused on acquiring and developing a network of integrated companies primarily within the Healthcare Industry. Our family of companies promote health and well-being at all stages of life. We believe in providing excellent services and care, delivered with integrity and compassion. We know that one size does not fit all, and Healthcare of Today is committed to customizing our care across our healthcare network, to meet your family’s needs." (24)

Share Structure

Although Healthcare of Today is a public company, no current market exists in which to buy or sell it's securities. The only way (at the present time) to invest in this company is through it's direct subsidiaries. Per Healthcare of Today CEO, Henry Jan, each division of the company will be a publicly traded entity. Current divisions and their respective heads are shown below:

Biotechnology / Advanced Health Sciences (Discovia Life Sciences, Inc. - There is current debate over a possible false promotion by Makealick.com & Guardian Angel Group (GAGI) pumping an acquisition between GAGI and HOTI. The current claims indicate that GAGI would head this division, although this is contrary to the official press release dated 04-26-2010. See reference #23 for details.) Per conversations with the Executive Vice President of Healthcare of Today, any false claims made against the company will be pursued with legal actions. Any direct relation of these claims to GAGI is purely speculation and is not meant to be implied here.

Educational and Career Services - Division head remains un-named

Energy (Alternative Energy - AEGY)

Healthcare Services and Facilities (SK3 Group - SKTO - To be named Healthcare of Today Services)

International - Division head remains un-named

"Other" - Additional companies that fit into the Healthcare of Today business model.

History --> Subdivisions referenced here (http://www.healthcareoftoday.com/OurCompanies/Sector)

Healthcare of Today is a registered entity through the state of Nevada (25). Formed in 2008, the company is aggressively seeking acquisitions using a vertically integrated business model, focused on using a synergistic approach to create additional cost savings within their hierarchy. It is highly recommended that the recent letter from the CEO is read detailing the current and future state(s) of the company. Link here --> http://www.healthcareoftoday.com/MediaRoom/LetterFromCEO2010.

Biotechnology (Discovia Life Sciences, Inc.)

Xenotis

Aequorea Vision Medical

Medical Inventors Group

Regenetech

Educational and Career Services (SKTO)

Nurses of Today

Kirby Bates Associates

HealthStaff Training Institute

Northwoods College

Nurses of Tomorrow

Immersion House --> Not yet classified as belonging to SKTO

Energy (AEGY)

 

Sunarias Corporation

Shovon

Healthcare Services and Facilities (SKTO will be the head of this division, but not all of these companies have been officially recognized as subsidiaries of SKTO. Unless otherwise previously mentioned, it should be assumed that this is merely speculation based on press releases from Healthcare of Today, Inc. Without official reference from the parent company, use your own judgement to make an informed decision!)

 

Angels of the Valley Hospice Care

Skyhill Medical

Northwoods Village

Skyhill Living

Skyhill Village

Body Fusion 150

Presto! Gourmet

Sears Home Health Care

ILN Insurance

Bergstrom Home Medical, Inc.

Sunnyfield Adult Daycare

ClinicFirst

ILN Pharmaceuticals

Building Mainenance of Today

Prescient Global

NuvoDigital Technology

Role-Based Practice Solutions

AnaTango

PRN Registry

"Other"

 

Matriarch Healthcare Systems

Advanced Developers

Artisan Operating

Healthcare of Today Properties

LocateSpace

 

 Angels of the Valley Hospice Care

http://www.angelsofthevalley.com/


Corporate Overview

"At Angels of the Valley Hospice, we focus on treating the person, not the illness, by meeting a full range of medical, emotional, social and spiritual needs. The spectrum of services we provide include: symptom management, education about illness, 24 hour access to skilled nurses, trained volunteers to provide support and company, assistance in securing medications and medical equipment, and more.

Angels of the Valley Hospice offers care to those meeting the following criteria:

Must be diagnosed with a progressive terminal illness by a primary physician as well as the Hospice Medical Director.

Must elect palliative care instead of curative care as a focus of medical attention.

Patient and/or family must consent to Angels of the Valley Hospice services." (26)


Contact Information

Primary Location (Located directly across the street from a senior living facility)

2511 Honolulu Ave

Montrose, CA 91020

(818) 542-3070

Secondary Location

17100 Pioneer Boulevard

Artesia, CA 90701

(562) 207-0866

 

Secretary of State (California) (27)

Entity name: Angels Of The Valley Hospice, LLC

Entity number: 200834710012

Date filed: 12-08-2008

Register agent: Rowena I Argonza

Business status: Active

 

Sources

(1) - http://www.sk3groupinc.com/

(2) - http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=skto

(3) - https://delecorp.delaware.gov/tin/GINameSearch.jsp

(4) - http://www.marketwire.com/press-release/SK3-Announces-That-Healthcare-Today-Has-Acquired-Controlling-Interest-Company-PINK-SHEETS-SKTO-1089471.htm

(5) - http://www.marketwire.com/press-release/SK3-Group-Inc-Acquires-Nurses-On-Line-PINK-SHEETS-SKTO-1057523.htm

(6) - http://www.marketwire.com/press-release/SK3-Signs-4000-Employee-Services-Contract-With-AMS-PINK-SHEETS-SKTO-1061193.htm

(7) - http://www.marketwire.com/press-release/SK3-Group-Signs-Two-Year-Services-Contract-With-ATAS-PINK-SHEETS-SKTO-1062785.htm

(8) - http://www.marketwire.com/press-release/SK3-Group-Inc-Signs-20000-Employee-Contract-PINK-SHEETS-SKTO-1063477.htm

(9) - http://www.marketwire.com/press-release/SK3-Group-Signs-Two-Year-19000-Member-Contract-With-Leading-Edge-PINK-SHEETS-SKTO-1064834.htm

(10) - http://www.marketwire.com/press-release/SK3-Group-to-Market-Preferred-Medical-Services-to-27000-PEO-Employees-PINK-SHEETS-SKTO-1065737.htm

(11) - http://www.marketwire.com/press-release/SK3-Group-Signs-Joint-Venture-With-Premier-Medical-Group-Inc-PINK-SHEETS-SKTO-1066860.htm

(12) - http://www.marketwire.com/press-release/SK3-Group-Signs-Joint-Venture-With-Chiropractic-USA-Inc-PINK-SHEETS-SKTO-1067264.htm

(13) - http://www.marketwire.com/press-release/SK3-Group-to-Acquire-Medical-Billing-Specialists-Inc-for-4100000-PINK-SHEETS-SKTO-1084687.htm

(14) - http://www.marketwire.com/press-release/SK3-Group-to-Acquire-Angels-of-the-Valley-LLC-for-3850000-PINK-SHEETS-SKTO-1085453.htm

(15) - http://www.marketwire.com/press-release/SK3-Announces-That-Healthcare-Today-Has-Acquired-Controlling-Interest-Company-PINK-SHEETS-SKTO-1089471.htm

(16) - http://www.marketwire.com/press-release/SK3-Group-to-Move-Headquarters-to-California-PINK-SHEETS-SKTO-1090353.htm

(17) - http://www.marketwire.com/press-release/SK3-Group-Inc-Signs-Letter-of-Intent-PINK-SHEETS-SKTO-1091203.htm

(18) - http://www.marketwire.com/press-release/SK3-Groups-Hospice-Subsidiary-Expands-Across-Southern-California-1132398.htm

(19) - http://www.marketwire.com/press-release/SK3-Group-Inc-Announces-New-Subsidiaries-PINK-SHEETS-SKTO-1143970.htm

(20) - http://www.marketwire.com/press-release/SK3-Group-Inc-To-Include-Healthcare-Education-and-Consulting-Services-PINK-SHEETS-SKTO-1144994.htm

(21) - http://www.marketwire.com/press-release/SK3-Group-Inc-Healthcare-Today-Inc-Announce-HOTI-Is-Acquiring-Sleep-Disorder-Mobile-PINK-SHEETS-SKTO-1149650.htm

(22) - http://www.marketwire.com/press-release/SK3-Group-to-Add-Over-Fifteen-New-Healthcare-Facilities-and-Services-to-Portfolio-PINK-SHEETS-SKTO-1151314.htm

(23) - http://www.marketwire.com/press-release/SK3-Group-Inc-to-Acquire-150M-Biomolecule-Inventory-From-Discovia-Life-Sciences-PINK-SHEETS-SKTO-1153689.htm

(24) - http://www.healthcareoftoday.com/

(25) - http://nvsos.gov/sosentitysearch/

(26) - http://www.angelsofthevalley.com/

(27) - http://kepler.sos.ca.gov/cbs.aspx

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SK3 Group Inc. (SKTO)
_SK3 Group Inc. (SKTO)
http://www.stockgoodies.com/m/photos/get_image/file/b04e469ebd96c1524f6d2d4b0e8297dd.jpg
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