SK3 Group, Inc.

SK3 Group, Inc.

March 08, 2011 09:02 ET

SK3 Group To Acquire Medical Equipment and Management Firm

MERRITT ISLAND, FLORIDA--(Marketwire - March 8, 2011) - SK3 Group, Inc. (PINK SHEETS:SKTO) today announces that it has signed a definitive agreement to acquire medical management firm and supplier of medical surgical equipment, W&M Medical Management, Inc.

W&M Medical Management, Inc. ("W&M"), was founded in 1992, is based in Rancho Cucamonga, CA, and has two primary lines of business. W&M is a respiratory therapy management company, serving acute hospitals and their ancillary respiratory departments by helping them contain costs and obtain reimbursements. In 2005, W&M expanded its services to include direct sales of medical surgical supplies and equipment to acute care facilities, surgery centers, nursing homes, and state facilities. W&M's growing list of clients includes Tri-City Regional Medical Center, Bellflower Medical Center, and the California Department of Corrections and Rehabilitation.

W&M is SK3 Group's first acquisition in the healthcare products sector and its third in the healthcare services sector. Earlier this month, SK3 Group announced that it acquired PRN Registry, a healthcare staffing agency serving southern California with plans to expand into Northern California. SK3 Group also recently acquired HealthStaff Training Institute, a provider of entry-level healthcare vocational training, both in-class and online, to Southern California students. 

SK3 will acquire W&M from Healthcare of Today, Inc, its parent company. Healthcare of Today plans to use SK3 as its healthcare products and services holding company. Today's announcement, along with the recent acquisitions of PRN Registry and HealthStaff Training Institute, signals that Healthcare of Today and SK3 Group have begun to execute their stated goal of building a vertically-integrated healthcare network.

SK3 plans to file financial statements about its earlier acquisitions later this month.

SK3 Group, Inc.

SK3 Group seeks to offer a range of comprehensive health care services to meet its clients' needs. By providing excellent services to both medical professionals and the individuals they care for, SK3 Group is making its mark in the healthcare industry today. For more information please visit


This announcement is not an offer to sell any SK3 Group ("SKTO") securities. Offers for any given security are made only through applicable offering circulars and related documents filed with the SEC pursuant to the Securities Act of 1933 or the Securities Exchange Act of 1934. Certain statements contained herein and subsequent oral statements made by and on behalf of SKTO may contain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking statements are identified by words such as "intends", "anticipates", "believes", "expects", and "hopes" and includes, without limitation, statements regarding SKTO's plan of business operations, product research and development activities, anticipated revenues and expenses and potential contractual arrangements and obligations. Also, our management may make forward-looking statements orally to investors, analysts, the media and others. Forward-looking statements express our expectations or predictions of future events or results. They are not guarantees and are subject to many risks and uncertainties. There are a number of factors beyond our control that could cause actual events or results to be significantly different from those described in the forward-looking statements. Any or all of our forward-looking statements in this report or in any other public statements we make may turn out to be wrong. We undertake no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise.

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