ITKH .0033 Next Big Runner imho. Read my DD why below. Float only 160 million and pending news/ financials $$$
ITKH Due Diligence Report
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
Commerce, MI 48390
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 http://www.otcmarkets.com/stock/ITKH/financials
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
6. News on Feb 20, 2012: iTeknik Holding Corporation Posts More Than $6 Million in Sales in Its FY 2012 Half Year Financial Report http://www.otcmarkets.com/financialReportViewer?symbol=ITKH&id=72493
7. Company's growth posted last year: iTeknik Holding Corporation Posts Profit and 59% Sales Increase in FY 2011 Annual Report http://ih.advfn.com/p.php?pid=nmona&article=49156055
8. Reverse Merger in Progress - iTeknik Holding Corporation Seeks Merger/Acquisition Candidates http://ih.advfn.com/p.php?pid=nmona&article=48852295
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.