ITKH -I strongly feel ITKH is a tremendous BUY right now,and may very possibly be my biggest alert ever (check my old posts i've never said that before) but as always don't take my word for it read the DD, and make your own conclusions I don't have to scream on the top of my lungs BUY BUY BUY. The DD provided screams loudest of all in my opinion.
- Excellent Fundamentals
- Super Tiny Float
- Imminent Catalyst
They also have a very cool and informative website that explains all their great cutting edge technologies so please check it out yourself www.iteknik.com This is 100% real company with 100% real products and revenues in very cutting edge technologies. They have filed their fins every quarter for many years on time. Real revenue streams. Extremely undervalued based on fundamentals alone.
Also see their fully owned subsidiary at www.sendglobal.com
SendGlobal sells their product on over 3000 retail outlets and has been profitable every quarter for the last three years.
Fundementals- They have a excellent balance sheet for a company trading at such a ,low level racking up over seven million dollars in sales in the last 9 months ending march 31st 2014
See their most recent 10-Q
http://www.otcmarkets.com/financialReportViewer?symbol=ITKH&id=121036
(I personally feel even if the float was 3 times the size it really is and even if there wasn't a pending merger investing in this stock at this low price would be a good deal!)
Super Tiny Float- We have confirmed that the listed Share Structure is 100% Up To Date And ACCURATE feast your eyes :)
ITKH Security Details
Share Structure
| Market Value1 | $444,184 | a/o Jun 06, 2014 |
| Shares Outstanding | 277,614,987 | a/o May 15, 2014 |
| Float | 168,275,867 | a/o May 15, 2014 |
| Authorized Shares | 500,000,000 | a/o May 15, 2014 |
Huge Catalyst Imminent- Merger
Please read this PR from April
http://www.otcmarkets.com/stock/ITKH/news/iTeknik-Holding-Corporation-Signs-Agreement-to-Sell-Controlling-Interest-in-iTeknik-to-Axiologix--Inc-?id=79192&b=y
iTeknik Holding Corporation Signs Agreement to Sell Controlling Interest in iTeknik to Axiologix, Inc.
iTeknik Holding Corporation Signs Agreement to Sell Controlling Interest in iTeknik to Axiologix, Inc.
PR Newswire
COMMERCE, Mich., April 17, 2014
COMMERCE, Mich., April 17, 2014 /PRNewswire/ -- iTeknik Holding Corporation (Other OTC: ITKH), today announced that The Company, along with its Board of Directors and Officers, have signed a Stock Purchase Agreement to sell a majority of its outstanding stock to Axiologix, Inc. of Atlanta, Georgia.. This transaction is expected to close not later than June 7, 2014. Upon closing of this transaction, Vincent Browne, CEO and President of Axiologix will become Chairman, CEO and Corporate Secretary of iTeknik Holding Corporation. Jeffrey Lauzon will remain with iTeknik Holding Corporation as General Manager of Send Global Corporation.
Axiologix Inc. is an International Technology and Services Organization focused on delivering Cloud-based Products and Services globally. Axiologix is a provider of Voice, Data and Cloud services to US small and medium size businesses and other operators globally. Axiologix recently acquired iWorld Services, a market leader in delivering retail and wholesale VoIP services, products, advanced web applications and software tools targeting high growth emerging markets. For more information on Axiologix visithttp://www.otcmarkets.com/stock/AXLX/company-info.
Fredrick W. Wicks, Chairman and CEO of iTeknik Holding Corporation, stated, "We are very pleased to have found an organization that can help iTeknik and Send Global grow. Axiologix has a very strong global strategy that has the potential of creating a large technology and services enterprise."
With the merger to company will be able to compete much stronger with their competition.
Read this PR
iTeknik Holding Corporation Posts Nine Months Sales of more than $7.1 Million
PR Newswire
COMMERCE TOWNSHIP, Mich., May 19, 2014
COMMERCE TOWNSHIP, Mich., May 19, 2014 /PRNewswire/ -- iTeknik Holding Corporation (Other OTC:ITKH), a leader in the telecommunications industry through its Send Global subsidiary, has posted its third quarter, FY 2014 financial results. Sales for the first nine months of fiscal year 2014, ending March 31, 2014, were $ 7,179,580. Sales for third quarter of FY 2014, January through March, were$2,501,693.
Fredrick W. Wicks, Chairman and CEO of iTeknik Holding Corporation, stated, "We had a difficult third quarter due to new marketing programs that our competitors have launched. We are looking forward to combining resources with Axiologix in June so we can better respond to these competitive challenges."
Recently the Company announced that it had signed a Stock Purchase Agreement to sell a majority of iTeknik's outstanding stock to Axiologix, Inc. of Atlanta, Georgia. This transaction is expected to close not later than June 7, 2014.
Now with all said, in my honest opinion the only reason I can think of for this stock not being at a much higher price, is because people maybe skeptical of this stock purchase actually happening. However after doing a lot of background work on this, all I can say is we have very very strong belief this deal will be happening very soon.
This was further confirmed by an e-mail I received from the CEO today:
From: Information - Fred Wicks <info@iteknik.com>
Date: Mon, Jun 9, 2014 at 6:20 PM
Subject: Your Phone Message
To: XXXXX@gmail.com
Date: Mon, Jun 9, 2014 at 6:20 PM
Subject: Your Phone Message
To: XXXXX@gmail.com
XXXXX XXXXXXX
We plan to make an announcement within the next day or so. We are waiting on the purchaser to complete the terms of the sales agreement
There you have it, the ceo's words combined with my background digging, I feel very strongly we will be seeing a PR about this very very soon. When the PR hits it is my opinion that this super low floater will skyrocket. All this is my own opinion feel free to make your own conclusions. Always do your own DD.
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