iTeknik Holding Corporation (ITKH)

[stervc]

ITKH .11 Per Share Fundamental Valuation Assessment

Before reading this post, I think it’s important to note that the management of ITKH and Big Rhino believe that something major is in the works with ITKH that will justify putting this statement of .75 per share or better as a selling consideration for ITKH regarding the Supplemental Disclosure recently filed on Feb 17, 2017 below regarding a Stock Plan for issuing 12,970,000 of its common shares to incentivize employees and certain independent contractors and vendors:

http://www.otcmarkets.com/financialReportViewer?symbol=ITKH&id=166569
3) the shares reach and maintain for 30 days a closing price of $.75 or better.

In my opinion, this is very powerful and sets the stage for what more I believe they have as plans for utilizing the entire $15 Million of non-dilutive Institutional Funding that they were recently approved to use for completing acquisitions as PR-ed below:
http://www.otcmarkets.com/stock/ITKH/news/iTeknik-Holding-Corporation-Secures--15-million-Institutional-Credit-Facility-to-be-Utilized-for-Acquisitions?id=149342&b=y

Below are some thoughts I will share to present a more conservative Fundamental Valuation for ITKH just on this one acquisition alone of which ITKH has drawn out $5 Million cash out of their $15 Million kitty of Institutional funds. Let’s first understand the paragraph below then the following ”Key Variables” to help derive the .11 Per Share Fundamental Valuation which justifies this as a very smart acquisition completed by ITKH as their first acquisition:

http://stocknewsnow.com/newsrss/2191845-Financials
The Arrowhead Assets were acquired by the Company's newly formed, wholly owned subsidiary, Big Rhino Corporation, free and clear of any debts and encumbrances. With the acquisition of these assets, Big Rhino will be a full service advertising agency with the initial potential to annually place up to $40 million in traditional media and earn commissions from media placement, digital media and creative work in excess of $4.5 million annually. Big Rhino is expected to earn over $1 million dollars annually, excluding depreciation, amortization, interest and taxes (EBITDA).

Now let’s define below the ”Key Variables” that will help us to derive an Earnings Per Share (EPS) which is essential for deriving a Fundamental Valuation:

Key Variables to Note
** $40 Million in Media Placement
** $4.5 Million Revenues Annually
** $1 Million Net Income
** Outstanding Shares (OS) = 214,825,275 Shares Per Last Filing
http://www.otcmarkets.com/financialReportViewer?symbol=ITKH&id=166393
** 23.48 P/E Ratio Currently for the Advertising Agency
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html

The links below should help to better understand the P/E Ratio logic:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57154170
http://www.investopedia.com/terms/p/price-earningsratio.asp

Formula to use to derive the Earnings Per Share (EPS)…

Net Income ÷ Outstanding Shares (OS) = EPS
$1,000,000 Net Income ÷ 214,825,275 shares = .0047 EPS

Formula to use to derive the ITKH Share Price Valuation…

EPS x P/E Ratio = ICNB Share Price Valuation
.0047 EPS x 23.48 P/E Ratio = .11 ITKH Share Price Valuation

The .11 per share valuation for ITKH is based upon this one acquisition of Big Rhino Corporation which ITKH has spent $4.1 Million out of their $15 Million of non-dilutive Institutional Funding that they have allotted for the acquisition of Big Rhino Corporation to complete.

The .11 per share valuation for ITKH is also based on the OS still being 214,825,275 shares. The believed to be added 255 Million shares was terminated and will no longer be added. This will enhance the valuation of ITKH going forward as the lower the OS, the greater its valuation since the OS is the key denominator used for deriving an EPS. The confirmation PR is below:

iTeknik Holding Corporation Reduces Outstanding Debt and Terminates Rights to Convert Notes into 255 million Common Shares
http://www.otcmarkets.com/stock/ITKH/news/iTeknik-Holding-Corporation-Reduces-Outstanding-Debt-and-Terminates-Rights-to-Convert-Notes-into-255-million-Common-Shares?id=150539&b=y

The ITKH new website of its wholly owned subsidiary, Big Rhino Corporation, is below. After going through the website, I think you will see that it truly has the clientele as PR-ed to annually place up to $40 million in traditional media, $4.5 Million in Annual Revenues, and over $1 Million in Net Income. Their clientele includes dealerships from Hyundai, Kia, Chrysler, Honda, and Chevrolet also includes White Plum, the Children’s Center for Neurodevelopmental Studies, Catalyst Pain Solutions, Metro Hearing, and Mr. Nelson’s Cookies:

http://www.bigrhino.agency/

http://www.bigrhino.agency/index.php#lates-work

Hyundai Confirmation of Big Rhino Work:
http://www.bigrhino.agency/client-vegas-hyundai-dealers.php

Kia Confirmation of Big Rhino Work:
http://www.bigrhino.agency/client-covina-valley-kia.php

Chrysler & Russell Westbrook Confirmation of Big Rhino Work:
http://www.bigrhino.agency/client-russell-westbrook-cdjr.php

Honda Confirmation of Big Rhino Work:
http://www.bigrhino.agency/client-honda-of-aventura.php

Chevrolet Confirmation of Big Rhino Work:
http://www.bigrhino.agency/client-american-chevy.php

White Plum Confirmation of Big Rhino Work:
http://www.bigrhino.agency/client-white-plum.php

The Children’s Center for Neurodevelopmental Studies Confirmation of Big Rhino Work:
http://www.bigrhino.agency/client-childrens-center.php

Catalyst Pain Solutions Confirmation of Big Rhino Work:
http://www.bigrhino.agency/client-catalyst-pain-solutions.php

Metro Hearing Confirmation of Big Rhino Work:
http://www.bigrhino.agency/client-metro-hearing.php

Mr. Nelson’s Cookies Confirmation of Big Rhino Work:
http://www.bigrhino.agency/client-mr-nelsons-cookies.php

v/r
Sterling