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SK3 Signs Definitive Acquisition Agreement to Acquire Medical Billing Specialist, Inc. for $4,100,000

MIAMI, FLORIDA, Dec 08, 2009 (MARKETWIRE via COMTEX) -- SK3 Group, Inc. (PINK SHEETS: SKTO) has signed a definitive acquisition agreement to acquire Medical Billing Specialist, Inc. from Healthcare of Today, Inc. (Healthcare of Today | Home) in a transaction valued at $4,100,000.
Medical Billing Specialist, Inc. (Medical Billing Specialist - Home) is a comprehensive billing service provider that offers medical offices and other healthcare businesses with billing, reporting, and consulting services. The company has specialized experience in billing services for hospice, home health agencies, and more. Founded by executives with experience running healthcare businesses, the company brings unique insight into the billing needs of busy offices. Medical Billing Specialist, Inc. offers on-location or offsite services, as required by the practice.

SK3 Group has two divisions that provide medical related services to its customers. Nurses On-Line is a subscription service for employers who are seeking pre-screening of workers' compensation injuries by a registered nurse prior to disposition of medical treatment - first aid, clinical referral, or emergency hospital. Nurses On-Line provides a 24/7 telephone triage system for employees and employers, which helps reduce overall exposure to financial risk and has been demonstrated to reduce reportable claims to insurance companies by as much as 61%. SK3 Group also markets preferred medical services through its facilitation partners to its PEO client base.

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes", "expects", "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Corporate information can be found at SK3 Group, Inc..



Contacts:
SK3 Group, Inc.
Peter Bell
President
760 268 9611
info@sk3groupinc.com
SK3 Group, Inc.


SOURCE: SK3 Group, Inc.



CONTACT: mailto:info@sk3groupinc.com
SK3 Group, Inc.

Copyright 2009 Marketwire, Inc., All rights reserved.
-0-

SUBJECT CODE: Computers and Software:Hardware

BUSINESS SUMMARY

SK3 Group, Inc. owns Nurses On-Line, a subscription service for employers who are seeking pre-screening of workers’ compensation injuries by a registered nurse prior to disposition of medical treatment, such as first aid, clinical referral, or emergency hospital. Its subscription service is used to assist employers with managing the ongoing risk associated with workers compensation claims and their relationship to premiums and reserves charged by insurance carriers. SK3 Group, Inc. markets its services through in-house salespeople, as well as through its Website, sk3groupinc.com. The company was founded in 2000 and is based in Ft. Lauderdale, Florida.

SKTO

+23.17% up tick

RSI LINE @ 33.54 rising

MAC D pulled away from the signal

Yesterdays open 0.1299

High 0.1690

Low 0.1000

Close 0.1600

I beleive SKTO will stay in the green

Keep an eye on it



Nurse-On-Line is a diversified medical services company. Headquartered in Carlsbad, California, our divisions include nurse staffing to hospitals, home healthcare services, and physical therapy (including home therapy). We also have broad experience with occupational medicine, and our medical director has been at the forefront of workers' compensation laws.

Nurse On-Line provides 24/7 nurse coverage for worksite injuries - both employees and supervisors. Since there is only one basic fee, there is no additional cost for higher call volumes. Our staff of licensed Registered Nurses is oriented around providing sound clinical decisions when an injury is called in on our 800 number. Our system provides for first-aid referrals or emergency treatment referral if applicable. All referrals are made to associated clinics in your immediate geographic area who subscribe to medical protocols that are state-certified and offered by our medical director. The system provides for prompt attention and report of worksite injuries using online technology.

SKTO

Could be a nice bounce play

On the Dip - 25%

RSI LINE @ 31.43

MAC D just above the signal

Last trade as of now @ 0.12

I do believe its a good time to get in on the dip

and play the bounce

Watch it for positive movement

SKTO

at .11 great time to buy while on the dip

Mac D is even with signal line

Nurse-On-Line is a diversified medical services company. Headquartered in Carlsbad, California, their divisions include nurse staffing to hospitals, home healthcare services, and physical therapy (including home therapy). They also have broad experience with occupational medicine, and their medical director has been at the forefront of workers' compensation laws.

For more info check out this link- SK3 Group, Inc.

SK3 Signs Definitive Acquisition Agreement to Acquire Angels of the Valley Hospice Care, LLC for $3,850,000
Press Release
Source: SK3 Group, Inc.
On 9:00 am EST, Thursday December 10, 2009
Companies:Sk3 Group Inc.
MIAMI, FLORIDA--(Marketwire - 12/10/09) - SK3 Group, Inc. (PINK SHEETS:SKTO - News) has signed a definitive acquisition agreement to acquire Angels of the Valley Hospice Care, LLC from Healthcare of Today, Inc. (Healthcare of Today | Home) in a transaction valued at $3,850,000.

Angels of the Valley, based in Los Angeles, CA, provides hospice and palliative care to the terminally ill. The company's current locations in the Southern California area provide each patient with a personalized care team, including medical personnel, social workers, and other professionals, as suited to the patient's condition. For more information visit Angels of The Valley | Home.

SK3 Group has two divisions that provide medical related services to its customers. Nurses On-Line is a subscription service for employers who are seeking pre-screening of workers' compensation injuries by a registered nurse prior to disposition of medical treatment - first aid, clinical referral, or emergency hospital. Nurses On-Line provides a 24/7 telephone triage system for employees and employers, which helps reduce overall exposure to financial risk and has been demonstrated to reduce reportable claims to insurance companies by as much as 61%. SK3 Group also markets preferred medical services through its facilitation partners to its PEO client base.

SK3 Announces That Healthcare of Today Has Acquired a Controlling Interest in the Company
Press Release
Source: SK3 Group, Inc.
On 6:09 pm EST, Thursday December 10, 2009
Buzz up! 0 Print.Companies:Sk3 Group Inc.
MIAMI, FLORIDA--(Marketwire - 12/10/09) - SK3 Group, Inc. (PINK SHEETS:SKTO - News) today announces that Healthcare of Today, Inc. (Healthcare of Today | Home) has attained a controlling interesting in the company, represented by 44,986,954 common shares. As part of the issue of the shares, SK3 amended its Articles of Incorporation to increase the number of shares of common stock authorized to 100 million.

Related Quotes
Symbol Price Change
SKTO.PK 0.0920 0.0000


{"s" : "skto.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} Healthcare of Today's controlling interest in SK3 Group is an immediate product of SK3 Group's acquisitions of Medical Billing Specialist, Inc. (Medical Billing Specialist - Home), and Angels of the Valley Hospice Care, LLC (Angels of The Valley | Home), both former Healthcare of Today companies. Pursuant to this development, SK3 Group will also be appointing a new Board of Directors.

Healthcare of Today, based in Burbank, California, is a vertically-integrated healthcare holding company. Founded in 2008, the company has acquired a number of companies throughout the nation, many of them within the senior care industry. Its subsidiaries are engaged in a wide range of businesses including: nurse staffing, residential care facilities for the elderly, home healthcare services, home healthcare equipment sales, healthcare information technology, medical equipment, healthcare consulting, insurance, and more.

SK3 Group has two divisions that provide medical related services to its customers. Nurses On-Line is a subscription service for employers who are seeking pre-screening of workers' compensation injuries by a registered nurse prior to disposition of medical treatment - first aid, clinical referral, or emergency hospital. Nurses On-Line provides a 24/7 telephone triage system for employees and employers, which helps reduce overall exposure to financial risk and has been demonstrated to reduce reportable claims to insurance companies by as much as 61%. SK3 Group also markets preferred medical services through its facilitation partners to its PEO client base.

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes", "expects", "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Corporate information can be found at SK3 Group, Inc..

SK3 Announces That Healthcare of Today Has Acquired a Controlling Interest in the Company

MIAMI, FLORIDA, Dec 10, 2009 (MARKETWIRE via COMTEX) -- SK3 Group, Inc. (PINK SHEETS: SKTO) today announces that Healthcare of Today, Inc. (Healthcare of Today | Home) has attained a controlling interesting in the company, represented by 44,986,954 common shares. As part of the issue of the shares, SK3 amended its Articles of Incorporation to increase the number of shares of common stock authorized to 100 million.
Healthcare of Today's controlling interest in SK3 Group is an immediate product of SK3 Group's acquisitions of Medical Billing Specialist, Inc. (Medical Billing Specialist - Home), and Angels of the Valley Hospice Care, LLC (Angels of The Valley | Home), both former Healthcare of Today companies. Pursuant to this development, SK3 Group will also be appointing a new Board of Directors.

Healthcare of Today, based in Burbank, California, is a vertically-integrated healthcare holding company. Founded in 2008, the company has acquired a number of companies throughout the nation, many of them within the senior care industry. Its subsidiaries are engaged in a wide range of businesses including: nurse staffing, residential care facilities for the elderly, home healthcare services, home healthcare equipment sales, healthcare information technology, medical equipment, healthcare consulting, insurance, and more.

SK3 Group has two divisions that provide medical related services to its customers. Nurses On-Line is a subscription service for employers who are seeking pre-screening of workers' compensation injuries by a registered nurse prior to disposition of medical treatment - first aid, clinical referral, or emergency hospital. Nurses On-Line provides a 24/7 telephone triage system for employees and employers, which helps reduce overall exposure to financial risk and has been demonstrated to reduce reportable claims to insurance companies by as much as 61%. SK3 Group also markets preferred medical services through its facilitation partners to its PEO client base

SKTO....up on the tick....health care a major part of american society and could be a profitable asset to your file
SKTO - SharpCharts Workbench : StockCharts.com

SKTO-

RSI 29.52
Mac D running even with the signal

Having a good day, on the up tick

Open .095
High .1075
Low .080

I could see this staying in the green the rest of the day!