The growth potential of SK3 Group, Inc. (OTCBB: SKTO) is enormous because:
(1) industry it operates within
(2) the aggressive acquisition path the Company is pursuing
Hence, the events in the near and mid-term could prove interesting.
I believe SKTO has been on a well engineered rollup strategy that is poised to propel the stock to much higher levels in the coming days, weeks and months.
Key 5 Developments: Rapid Growth Through Acquisitions
In the last few months SK3 and its parent Healthcare of Today has made a number of acquisitions to grow its business. The company realizes the need to expand its product and service portfolio and the need to have a diverse range of services to grow steadily and service its patients better. All the acquisitions are strategic in nature and will enable SK3 to emerge as a complete and grow faster than its peers and create value for its shareholders in the long term.
- DyfucaMed®, LLC. SK3 Group, Inc.'s parent company, Healthcare of Today, Inc. has signed a letter of intent with leading edge medical product company DyfucaMed®, LLC. The agreement will allow Healthcare of Today, Inc. to offer DyfucaMed®’s line of products to its patients.
This is a major event for SK3 Group, Inc. as with this new agreement in place, the company will be able to leverage DyfucaMed®’s cutting-edge line of products and offer better treatment to millions of patients and thereby grow the business.
The company plans to also work closely with DyfucaMed® on the innovation and development of various new drugs based on stem cell technology and controlled application of a concentrated platelet gel. With demand for such drugs growing multi-fold and the aging population of US and need for aggressive recovery is the stock of the future with considerable growth potential.
- Xenotis Pty Ltd. In Dec 2009, SK3 Group, Inc.'s parent, Healthcare of Today, Inc. acquired Xenotis Pty Ltd., the Australian-based producer of advanced human tissue engineering technology for $40Million.
Xenotis is a leader in the world in advanced human tissue engineering. While many companies are interested in this fast-growing market, few have made the clear strides that Xenotis has. The company has working products and a strong distribution network in place around the globe. There is a particular dynamic to be enjoyed by SK3 given its relationship with Regenetech, which is the
world leader in advanced stem cell research technology.
- MacuCLEAR, Inc. In Jan 2010, SK3 Group, Inc.’s parent, Healthcare of Today, Inc., has entered into a letter of intent to acquire MacuCLEAR, Inc., a pharmaceutical company focused on discovering and developing novel solutions for vascular disorders of the eye. If the company goes ahead and completes this acquisition then it will mark the entry of SK3 in to the vast eye-care industry.
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Clearly, SK3 has made some high-stake deals in the medical fields!
I feel the company is making the right moves and if it is able to complete these acquisitions and integrate them with itself, SK3 could be emerge as a significant player in the modern healthcare market.
So, if the company is able to strike a few more deals of similar nature, which by the company is working on then it could be a sure shot multi-bagger as it will then move into the league of the major bio-tech firms.
Watch SKTO trade and don't miss out!