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Monday, August 31, 2015 3:21:45 PM
~ASKH~0150~$150k MCap~No Dilution since $1.00+!!!
>>>Check filings! No Dilution! Same O/S when ASKH was $1+ ! Now just .015 !
Nov.06.2013 O/S= 11.07M
Aug.11.2014 O/S= 11.07M
Nov.14.2014 O/S= 11.07M
>>> ALMOST THE ENTIRE FLOAT HAS TRADED ABOVE .50! COILED AND READY TO POP!
>>>MONSTER ACQUISITION
$30M+ REVENUES
$9.7M NET PROFITS!!!
$9.7M Net Profits / 11.07M shares = .87 PPS!!! 10 to 1 P/E= $8.70
11.07M x .0165 = $180,000 Current MCap!!!
Acquisition News>>> http://ih.advfn.com/p.php?pid=nmona&article=61946858
Astika Holdings, Inc. Proceeding with the Nantong Dredging Acquisition
Astika Holdings, Inc. (QB) (OTCBB:ASKH)
* China is the Largest Dredging Market in the World and is Expanding Globally
Astika Holdings, Inc. (the "Company") (OTCQB: ASKH) a strategic acquisition company of service, agriculture and industrial companies from the Nantong Region in China announced today that it is finalizing the acquisition and accelerating the audit process in order to be able to bid on dredging projects in China, Australia and Africa.
Total trade between Africa and China exploded from USD 10bn in 2000 to more than USD 200bn in 2012. Africa exports mainly raw materials to China, whereas Africa imports finished products. China’s main African trading countries are Algeria, Angola, Egypt, Ethiopia, Ghana, Libya, Morocco, Nigeria, South Africa, and Sudan. To illustrate the importance of Africa, the inaugural trip of Chinese President Xi Jinping was to Congo, South Africa, and Tanzania in March 2013. In Tanzania, the Chinese President signed a deal to develop a new port at Bagamoyo (Capex - Capital Expenditure USD 10bn). Although Africa ‘only’ accounted for USD 753m or 7% of the global dredging market, it rose by a CAGR (compound annual growth rate) of 11% between 2000 and 2011.
The China and global dredging market will continue to grow due to (i) growing China and world populations, (ii) higher energy demand, (iii) increasing seaborne trade, (iv) rising size of container vessels, and (v) rising sea level. Additionally, the Chinese government is increasing its economical and political influence in Africa, Brazil, and the Middle East, which could lead to dredging orders for Nantong Dredging in the coming years. The Company believes that an acquisition of Nantong Dredging's extensive mechanical engineering experience and network throughout China will work with Astika's plans for the growing global dredging sector.
Mark Richards, the director for Astika Holdings stated, "We believe to be on track for significant growth with this initial acquisition from the Nantong Region to deliver revenue and earnings growth. The initial acquisitions sales revenues are currently projected at $31.91M with an EBITDA of $14.73M and a Net Profit of $9.7M. The acquisitions have the potential to accelerate and triple revenues and earnings growth since China is the largest dredging market in the world with more than 29% of the $15bn total global dredging world market (*according to the International Association of Dredging Companies - IADC). Nantong Dredging is an important part of Astika’s ongoing strategy to add value through successful project development and opportunistic high growth sector acquisitions with efficient operations, while maintaining a low risk profile through project diversification, astute financial management and operations in secure jurisdictions. We appreciate the support and are excited to lead the Company and its shareholders into the future."
The completion of the acquisition are dependent on, among other things, the completion of due diligence satisfactory to the Company, and the completion of the PCAOB audit under US GAAP. The parties have agreed that the acquisition will not engage in any negotiations or discussions with other potential acquirers and have also agreed to maintain the confidentiality of all of the acquisitions in order to protect the acquisition's competitive interests, and the interests of its many customers and employees, during the period of the acquisitions. Astika Holdings is in the process of making the necessary filings which will be filed on the US SEC EDGAR system providing the specifics of developments and intends to position the Company for an eventual up-listing to a higher exchange such as the NASDAQ BX or NASDAQ, once the Company meets the financial status and market share price for up-listing qualification.
Astika Holdings, Inc. (OTCQB: ASKH)
http://www.otcmarkets.com/stock/ASKH/quote
$30M+ REVENUES
$9.7M NET PROFITS!!!
$9.7M Net Profits / 11.07M shares = .87 PPS!!! 10 to 1 P/E= $8.70
11.07M x .0165 = $180,000 Current MCap
>>>Check filings! No Dilution! Same O/S when ASKH was $1+ ! Now just .015 !
Nov.06.2013 O/S= 11.07M
Aug.11.2014 O/S= 11.07M
Nov.14.2014 O/S= 11.07M
>>> ALMOST THE ENTIRE FLOAT HAS TRADED ABOVE .50! COILED AND READY TO POP!
>>>MONSTER ACQUISITION
$30M+ REVENUES
$9.7M NET PROFITS!!!
$9.7M Net Profits / 11.07M shares = .87 PPS!!! 10 to 1 P/E= $8.70
11.07M x .0165 = $180,000 Current MCap!!!
Acquisition News>>> http://ih.advfn.com/p.php?pid=nmona&article=61946858
Astika Holdings, Inc. Proceeding with the Nantong Dredging Acquisition
Astika Holdings, Inc. (QB) (OTCBB:ASKH)
* China is the Largest Dredging Market in the World and is Expanding Globally
Astika Holdings, Inc. (the "Company") (OTCQB: ASKH) a strategic acquisition company of service, agriculture and industrial companies from the Nantong Region in China announced today that it is finalizing the acquisition and accelerating the audit process in order to be able to bid on dredging projects in China, Australia and Africa.
Total trade between Africa and China exploded from USD 10bn in 2000 to more than USD 200bn in 2012. Africa exports mainly raw materials to China, whereas Africa imports finished products. China’s main African trading countries are Algeria, Angola, Egypt, Ethiopia, Ghana, Libya, Morocco, Nigeria, South Africa, and Sudan. To illustrate the importance of Africa, the inaugural trip of Chinese President Xi Jinping was to Congo, South Africa, and Tanzania in March 2013. In Tanzania, the Chinese President signed a deal to develop a new port at Bagamoyo (Capex - Capital Expenditure USD 10bn). Although Africa ‘only’ accounted for USD 753m or 7% of the global dredging market, it rose by a CAGR (compound annual growth rate) of 11% between 2000 and 2011.
The China and global dredging market will continue to grow due to (i) growing China and world populations, (ii) higher energy demand, (iii) increasing seaborne trade, (iv) rising size of container vessels, and (v) rising sea level. Additionally, the Chinese government is increasing its economical and political influence in Africa, Brazil, and the Middle East, which could lead to dredging orders for Nantong Dredging in the coming years. The Company believes that an acquisition of Nantong Dredging's extensive mechanical engineering experience and network throughout China will work with Astika's plans for the growing global dredging sector.
Mark Richards, the director for Astika Holdings stated, "We believe to be on track for significant growth with this initial acquisition from the Nantong Region to deliver revenue and earnings growth. The initial acquisitions sales revenues are currently projected at $31.91M with an EBITDA of $14.73M and a Net Profit of $9.7M. The acquisitions have the potential to accelerate and triple revenues and earnings growth since China is the largest dredging market in the world with more than 29% of the $15bn total global dredging world market (*according to the International Association of Dredging Companies - IADC). Nantong Dredging is an important part of Astika’s ongoing strategy to add value through successful project development and opportunistic high growth sector acquisitions with efficient operations, while maintaining a low risk profile through project diversification, astute financial management and operations in secure jurisdictions. We appreciate the support and are excited to lead the Company and its shareholders into the future."
The completion of the acquisition are dependent on, among other things, the completion of due diligence satisfactory to the Company, and the completion of the PCAOB audit under US GAAP. The parties have agreed that the acquisition will not engage in any negotiations or discussions with other potential acquirers and have also agreed to maintain the confidentiality of all of the acquisitions in order to protect the acquisition's competitive interests, and the interests of its many customers and employees, during the period of the acquisitions. Astika Holdings is in the process of making the necessary filings which will be filed on the US SEC EDGAR system providing the specifics of developments and intends to position the Company for an eventual up-listing to a higher exchange such as the NASDAQ BX or NASDAQ, once the Company meets the financial status and market share price for up-listing qualification.
Astika Holdings, Inc. (OTCQB: ASKH)
http://www.otcmarkets.com/stock/ASKH/quote
$30M+ REVENUES
$9.7M NET PROFITS!!!
$9.7M Net Profits / 11.07M shares = .87 PPS!!! 10 to 1 P/E= $8.70
11.07M x .0165 = $180,000 Current MCap
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