SKTO Announces Healthcare of Today’s Acquisition of MacuCLEAR
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Issue# 1779 |
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| SKTO Announces Healthcare of Today’s Acquisition of MacuCLEAR |
MIAMI, FLORIDA — (MARKET WIRE) — 01/07/10 —
SK3 Group, Inc.
(PINK SHEETS: SKTO) today announces that its new parent company, Healthcare of
Today, Inc.
, has acquired
MacuCLEAR, Inc.
, a pharmaceutical company focused on discovering and developing novel solutions for vascular disorders of the eye. SK3 has entered into a merger agreement with Healthcare of
Today, Inc.
under which both companies will merger into a new Nevada corporation, Healthcare of
Today, Inc.
, formed for that purpose.
MC-1101, MacuCLEAR’s primary product compound, is a patented, topically delivered drug for treating and stopping the progression of dry Age-related Macular Degeneration (AMD). MacuCLEAR has an active IND for MC-1101 and has completed a successful Phase Ib human clinical trial. The company’s groundbreaking work leverages its unique understanding of ocular pharmacology and drug development to advance a pipeline of proprietary pharmaceuticals. MacuCLEAR’s accomplished management team includes CTO George C. Y. Chiou, Ph. D., professor and director of the
Institute of Ocular Pharmacology
and professor of neuroscience and experimental therapeutics at
Texas A&M University System Health Science Center
. Dr. Chiou previously led the discovery of Timolol, a pioneering treatment for glaucoma.
The company’s work on AMD comes at a crucial time in senior eye care. As the population ages and baby boomers advance into their 50s and 60s, the numbers suggest there will be a virtual epidemic of AMD. Age-related Macular Degeneration (AMD) is the most common cause of vision loss in people 50 and older. However, there is no approved drug treatment yet available to patients with dry AMD, and only limited treatments are available for patients with wet AMD. An astounding 90 percent of AMD patients cannot be treated with the methods currently available.
CEO of Healthcare of Today Henry Jan says, “MacuCLEAR is devoted to finding treatments for people who suffer from vascular disorders of the eye. This is a huge, under-served market, and they have the solutions. We are very proud to bring MacuCLEAR’s groundbreaking work to the Healthcare of Today family, and we look forward to adding this new dimension to how we improve seniors’ lives every day.”
Healthcare of Today , based in Burbank, California, is a vertically-integrated healthcare holding company. Founded in 2008, it has since acquired a number of companies, many specializing in 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, data security, advanced human tissue engineering, and more.
About
SK3 Group, Inc.
SK3 Group
also markets preferred medical services through its facilitation partners to its PEO client base.
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SK3 GROUP, INC |
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SK3 GROUP, INC (SKTO)
SK3 Group, Inc. has two divisions that provide medical related services to its customers. |
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SK3 Group, Inc. 2255 Glades Road
Phone: 760-268-9611 |
· ER Urgent Care Holdings Inc. (ERUC) is a provider of urgent care centers, which provides health care services for the underserved markets in after-hours complete health care. The Companys centers provide employee injury, illness and general healthcare programs for the young and the old. ERUC offers medical facility where patients receive healthcare, after-hours. Its centers provide care for non-life threatening injuries or illnesses with emergency medicine expertise, diagnostic equipment and the necessary treatments. OTCBB:ERUC Recent Price: $.0001 Medical Staffing Network Holdings, Inc. is a diversified temporary healthcare staffing company and a provider of per diem staffing services (staffing assignments of less than two weeks in duration) in the United States as measured by revenues. The Companys per diem staffing assignments places its professionals, predominately nurses, at hospitals and other healthcare facilities in response to its clients temporary staffing needs. Its travel and contract-based staffing assignments place its professionals at hospitals and other healthcare facilities worldwide for assignments typically lasting more than two weeks. The shorter length assignments are staffed by its per diem branches while the longer assignments are staffed by both the centralized travel offices and per diem branches. OTCBB:MSNW Recent Price:$.44
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| Current Projects |
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SK3 Group Signs Joint Venture With Chiropractic USA Inc. SK3 Group, Inc. has signed a joint venture with Chiropractic USA Inc. a Colorado based franchisor of chiropractic services. 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. SK3 sees this joint venture as a way to increase its service offerings and hereby increase revenues, as SK3 earns a 19% fee per visit. SK3 will also earn a 30% override on long-term patients (over five visits) referred. SK3 will be marketing these services to the existing 27,000 clients as an ancillary service |
SK3 Group Signs Two Year Contract With Leading Edge SK3 Group, Inc. has signed a two year contract with Leading Edge Benefits Inc., an Englewood, New Jersey discount medical provider. The contract will service the more than 19,000 Leading Edge members and will provide 24/7 nurse support for medical related issues including: general information on all types of health concerns; answers about medication usage and interaction; translation services for non-English speaking callers; TTY/TTD access for the hearing impaired; and computerized record keeping system. Nurses On-Line will charge each user a monthly $10 fee and a $25 dollar per call after the first free call a month. |
| Company Overview |
SK3 Group, Inc. (OTC.PK: SKTO) 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 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. Their staff of licensed Registered Nurses is oriented around providing sound clinical decisions when an injury is called in on our 800 number. Their system provides for first-aid referrals or emergency treatment referral if applicable. All referrals are made to associated clinics in the immediate geographic area who subscribe to medical protocols that are state-certified and offered by their medical
Their expertise at reducing employer risk in relation to workers’ compensation claims is unmatched. Their clients have included dozens of companies who have been able to reduce their mod rates, claims exposure, and insurance premiums through the use of their treatment protocols and management services. They have been so successful on the west coast that they now provide their services nationally. Benefits
The table below outlines the historical savings they have provided their clients. Note the differences in the actual costs using Nurse On-Line versus the costs (paid by insurance) associated with filing the same claim with an insurance company. Clients premium and reserves will be calculated by their insurance carrier based upon claims made.
The Problem Supervisors who are required to respond to injuries often lack proper medical training or experience to determine the seriousness of an injury and the appropriate response. Minor injuries such as strains and sprains that would respond favorably to first aid treatment are often referred to expensive providers whose treatments may be more expensive and time-consuming than first aid. Injured employees who are simply referred out to a clinic or hospital can get caught up in a lengthy process that can stretch recovery time and missed workdays. The process becomes claim-intensive and costly for employers. Independent clinics
The Solution All referrals are made to SK3 Group, Inc. associated clinics who subscribe to medical protocols that are state-certified and established by their medical director. The system provides for prompt attention and reporting of worksite injuries using on-line technology. SK3 Group, Inc. Nurse On-Line provides 24/7 nurse coverage for worksite injuries – both employees and supervisors. They offer sound clinical decisions about when first aid is appropriate (according to established medical protocols) or when referrals are necessary. They also assist in the implementation of back-to-work programs, further reducing financial risk. Additional client services:
Leadership Peter Bell, President and Director The director of the company and its president is Peter Bell, who resides in Florida. He is a sales and marketing professional with over 20 years experience. He will be responsible for creating the marketing team for SK3 Group, Inc.
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consideration.
The LLC Companies contracted to receive and received $25,000 from a non-affiliate third party shareholder of SKTO in return for OTCRs services to publicly and electronically disseminate information pertaining to SKTO.
It is imperative that all readers of the above Compensation Disclosure Section click on the link below to carefully review our Disclaimer in its entirety, which contains important information about penny stocks, our operations, the limited nature of the information presented in our publications and various risks attendant to the companies that we profile.
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