Thursday, 26 April 2012

ITKH- iTeknik Holding Corporation

1. Business Description:
iTeknik Holding Corporation's (ITKH) strategy is to provide leading edge products in the communications sector for the wholesale, retail and consumer markets.
Our plan is grow organically as well as by acquisition (www.iteknik.com). Send Global Corporation is a wholly owned subsidiary of ITKH. Send Global and
its predecessor companies have offered cutting edge retail and wholesale telecommunications products and services for more than thirteen years. Through VoIP,
data, a proprietary ANI gateway solution and traditional communications platforms, Send Global provides high quality, value priced international calls from
the convenience of a mobile phone. For more information please visit our website www.sendglobal.com.
 
2. Contact Info:
8615 Richardson Road
Suite 200
Commerce, MI 48390
Phone:  248-366-7777     
 
3. Share Structure:
Shares Outstanding 481,056,539 a/o Feb 13, 2012
Float 160,775,867 a/o Feb 13, 2012
The company is profitable and no need to dilute any shares.
 
4. The company is always current and file all the documents on time
 
5. PPS valuation:
Look at the latest Semi-Annual Report http://www.otcmarkets.com/stock/ITKH/financials
6 months Total Revenue: $6.2 million
6 months Gross Profit : $840K
One year Gross profit: $1.68 Million
O/S: 481 million
At P/E = 10, the market cap should be $16.8 million
PPS should be $0.034. This is just conservative. Also the company is growing at 20% annually. Just look at the previous year results and you will understand the
company's growth.
 
6. News on Feb 20, 2012: iTeknik Holding Corporation Posts More Than $6 Million in Sales in Its FY 2012 Half Year Financial Report
 
7. Company's growth posted last year: iTeknik Holding Corporation Posts Profit and 59% Sales Increase in FY 2011 Annual Report
 
8. Reverse Merger in Progress - iTeknik Holding Corporation Seeks Merger/Acquisition Candidates
iTeknik Holding Corporation (PINKSHEETS: ITKH), a leader in the telecommunications industry, today announced that it has launched a search for acquisition
and merger candidates in the information technology industry or related field.
Overall ITKH looks like a real penny company with very good growth potential. The PPS is way undervalued compared to the current trading level. Also Reverse merger
in progress.
 
We believe ITKH is an excellent investment. This company has made money 6 quarters in a row Float .160,775,867 Feb. 13, 2012 OS:481,056,539 Feb. 13, 2012
Outstanding shares of Iteknik stock was reduced by 38%
Debt was lowered by $192,632 which was a reduction of 35%.
Total assets in the current quarter were up by 62.8% and total liabilities were reduced by 18.9%. In addition loan debt was reduced by 39.3%
 
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