NEW SS 500,000,000 a/s 277,614,987 Out 160,775,867 Float as of 08/14/2012 http://ih.advfn.com/p.php?pid=nmona&article=53815082
8615 Richardson Road
Commerce, MI, 48390
888-333-1486 Ext. 4
ITKH Security Details
Share Structure: AS:
500,000,000 Aug 14, 2012
1,892,000,000 May 11, 2012
1,892,000,000 Feb. 13, 2012
1,892,000,000 Sept. 30, 2011
1,892,000,000 June 30, 2011
277,614,987 Aug 14, 2012
481,056,539 May 11, 2012
481,056,539 Feb. 13, 2012
481,056,539 Sept. 30, 2011
481,056,539 June 30, 2011
481,114,987 June 20, 2011
Public Float Information:
160,775,867 Aug 14, 2012
160,775,867 May 11, 2012
160,775,867 Feb. 13, 2012
160,775,867 Sept. 30, 2011
160,775,867 June 30, 2011
160,775,867 June 20, 2011
155,395,867 March 31, 2011
147,015,867 December 31, 2010
iTeknik Holding Corporation's (ITKH) strategy is to provide leading edge telecommunication products for the wholesale, retail and consumer markets.
Our plan is grow organically as well as by acquisition http://www.iteknik.com
The original subsidiary, TeleCents Communications, was founded in July 1995 by Jeffrey Lauzon, President of iTeknik Holding Corporation. TeleCents became an innovative leader as a telecommunications carrier, a prepaid phone services supplier and a Voice over Internet Provider (VoIP). In 2003, TeleCents developed a retail brand called Send Global for its domestic and international prepaid phone products. Send Global Corporation was incorporated in 2005 and was acquired by iTeknik in 2007. NOTICE: Same ownership just New Retail brand and Company Name
Fredrick Wicks - CEO of iTeknik Holding Corporation (PINK:ITKH)
Wyoming Corporation "ACTIVE"
Entity Name: SEND GLOBAL CORP.
==convince the stock market that we are a solid long-term investment." PR 08/14/2012
iTeknik Holding Corporation (PINKSHEETS: ITKH), a leader in the telecommunications industry through its Send Global subsidiary, today announced that it has reduced the number of outstanding common and Preferred A shares by retiring stock held by insiders. The Company said that, in conjunction with this move, it has amended its Wyoming Articles of Incorporation to reduce the maximum authorized common and preferred shares from 1,879,000,000 to 500,000,000.
http://ih.advfn.com/p.php?pid=nmona&article=53815082 ==convince the stock market that we are a solid long-term investment." http://ih.advfn.com/p.php?pid=nmona&article=48231227 ==up-listing to the Bulletin Board or NASDAQ
- Outstanding common shares were reduced from 477,614,987 to 277,614,987 or 41.8%
- Outstanding Preferred A shares (convertible at 1 for 100) were reduced from 3,441,550 to 1,229,000 or 64.3%
- Fully diluted common shares (if outstanding preferred A shares were converted to common) were reduced from 821,769,987 to 400,514,987 shares
- Common stock float remained unchanged at 160,775,867 shares, but now represents 40.1% ownership of the company on a fully diluted basis, up from 19.6%
Fred Wicks, Chairman and CEO of iTeknik Holding Corporation, stated, "With economic conditions improving, and our restructuring phase completed, we believe that now is the ideal time to analyze options which would help us grow. One of the options we are considering is to raise $2 million for marketing, new software and equipment, and up-listing to the Bulletin Board or NASDAQ. Other options include a plan to look for suitable acquisitions in order to accelerate our growth further." http://ih.advfn.com/p.php?pid=nmona&article=42104300
Shares Outstanding------277,614,987----a/o Aug 14, 2012
Float-------------------160,775,867----a/o Aug 14, 2012
Authorized Shares-------500,000,000--a/o Aug 14, 2012
To Address the SEC RULE 144
- Trading Volume Formula. If you are an affiliate, the number of equity securities you may sell during any three-month period cannot exceed the greater of 1% of the outstanding shares of the same class being sold, or if the class is listed on a stock exchange or quoted on Nasdaq, the greater of 1% or the average reported weekly trading volume during the four weeks preceding the filing a notice of sale on Form 144. Over-the-counter stocks, including those quoted on the OTC Bulletin Board and the Pink Sheets, can only be sold using the 1% measurement.
(PR 08/29/12) iTeknik Holding Corporation Signs Distribution Agreement to Sell DataJack(TM) MIFI Hotspots and Wireless Service Stuart Ehrlich, CEO of Quamtel, Inc. stated, "We are very pleased to sign this agreement with Send Global. DataJack™ is an ideal product for the more than 3000 independent retailers that are in their network." http://ih.advfn.com/p.php?pid=nmona&article=53981380
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Fredrick W. Wicks, Chairman and CEO of iTeknik Holding Corporation, stated, "DataJack™ is a key piece in our strategy to provide more hardware and related services to our independent retail store network. Now that we have updated our EZposa software system, we can quickly add DataJack™ and other strong products to our retail portal. This gives us a great opportunity to increase our revenues through hardware and monthly service fees." (Keep in mind the service fees continue even if they never see the customer again)
Stuart Ehrlich, CEO of Quamtel, Inc. stated, "We are very pleased to sign this agreement with Send Global. DataJack™ is an ideal product for the more than 3000 independent retailers that are in their network."
| ||FY 2012 || FY 2011 ||FY 2010 |
|Sales || $ 12,346,899 ||$ 11,702,974 ||$ 7,339,693 |
|Operating expenses ||$ 1,356,179 ||$ 1,428,674 ||$ 1,023,101 |
|Operating Income ||$ 150,373 ||$ 253,377 ||$ (8,635) |
|Debt-notes payable ||$ 218,371 ||$ 326,986 ||$ 499,644 |
Fredrick W. Wicks, Chairman and CEO of iTeknik Holding Corporation, stated, "We have worked hard to improve our financial results for three straight years. Our plans for FY 2013 will be designed to continue our expansion and focus on our profit margins. We have expanded our product offerings to include three new so-called 'hard' products, Subscriber Identification Modules for mobile phones, DataJack™, which is a Wi-Fi hot spot available on the nationwide Sprint 3G wireless network, and mobile broad brand routers. In addition, we are expanding our Agent network and we have modified our proprietary EZposa retail store interface so we can easily add independent stores to our three thousand plus store network."
The Chairman's Letter provides detail on iTeknik's:
- Continuous Improvement Program that resulted in a 5.0% decrease in operating expenses
- FY 2013 Agent Expansion Program
- On-going Capital Structure Improvement Program
- Product Expansion Plans
- Strategic Plans for growth through merger/acquisition
iTeknik Holding Corporation (PINKSHEETS: ITKH) is classified as "Current Information" and trades on the OTC Pink tier of the OTC Market. For real time quotes and market information on the company visithttp://www.otcmarkets.com/stock/ITKH/company-info. iTeknik's Subsidiary, Send Global, Signs Contract With Ericsson Inc. ( ERIC ) for IPX Service
This is a PR from Late 2007 (but the key here is SEND GLOBAL is not just in the business of selling calling cards, they are capable of working with 500 companies and is looking to become a monster in the marketplace) The IPX solution provides a state-of-the-art payment service for internet content
providers to sell and distribute their digital content over the mobile operator's networks using the existing billing relationship between subscriber and operator. Ericsson IPX focuses on mobile premium and non-premium connectivity via SMS, MMS, Web and WAP. As IPX coverage grows so does the reach of a content provider. Furthermore, IPX is a non-branded, white label service that is never visible to the consumers
Covering more than 360 million mobile subscribers around the world, the Ericsson Internet Payment eXchange (IPX) solution greatly simplifies the business model between content providers, mobile operators and consumers. http://mobile.wnd.com/markets/news/read/3807674/iteknik's_subsidiary iTeknik Subsidiary Send Global Expands Its Prepaid Wireless Services Through an Agreement With Coinstar, Inc ( CSTR ) trading above $70/share
Send Global's product offering is strengthened as well by utilizing Coinstar's strategic relationships with Cingular, T-Mobile, Verizon and other major carriers. The agreement gives iTeknik the potential to generate attractive profit margins and further increase profitability by adding in-demand products to its Send Global retail interface used by over 2200 cellular store retailers nationwide.
Read more: http://www.tmcnet.com/usubmit/2008/01/17/3215795.htm#ixzz205pk7qjW $$$$==ITKH & IDT (NYSE) Trading $9+/share MUST SEE==$$$$ Not to forget the relationship between two companies IDT & ITKH, is beyond just transactions..
IDT provides high quality calling services to more than 200 countries. Send Global started its association with IDT in 2010 when it began integrating certain IDT routes into Send Global's premier international calling network
. Since then Send Global has steadily increased its use of the IDT international calling services, according to company officials.
Send Global offers high quality and cost-effective prepaid calling service.
"Our customers select Send Global for prepaid calling service because we provide high quality calls at low cost per minute," said Jeffrey Lauzon, president of iTeknik Holding Corporation, in a statement. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77116769
Launches New Str8dial Smart Phone Application http://techbriefing.net/modules.php?op=modload&name=News&file=article&sid=189938
Str8dial also coincides with the company's plan to expand its multimedia marketing efforts in FY 2012. The new app allows authors and reviewers to use their iPhone, iPad, and iPod
Jeffrey Lauzon, President of iTeknik Holding Corporation, stated, "Str8dial is the product that is going to carry us into the world of smart phone applications. It is the most advanced prepaid wireless and international calling portable available. With Str8dial we can originate calls from any other country as well. And we will be the first to offer this service to independent retail resellers. We chose Wireless Dealer Magazine to launch Str8dial because WDM is the premier magazine to reach independent dealers and distributors." Dealers sign up:: http://www.str8dial.com/
Diplomatic Services, Inc. Selects Send Global, to Provide International Phone Service http://www.diplomaticservicesny.org/home.html
Iyzok Raoul, Director of Business Development of Diplomatic Services, Inc., stated, "The diplomatic community demands the highest level of quality in all the services that we provide. Send Global's expansive global network and quality systems give us the confidence to select Send Global to provide our international phone service."
Jeffrey Lauzon, President of iTeknik Holding Corporation, stated, "Send Global has developed unique software solutions that allow us to connect calls to least cost routes through tier one carriers around the globe. In addition, our custom-developed billing and reporting software for resellers gives us a distinct competitive advantage and is another reason Diplomatic Services selected us." http://ih.advfn.com/p.php?pid=nmona&article=46879675 ABA Communications is a authorized dealer of SendGlobal a true International calling service Not a Prepaid calling card! http://www.abacommunications.com/sendglobal.html
Boost Mobile is a pre-pay wireless service provider in the United States, a wholly owned subsidiary of Sprint Nextel Corporation, based in Irvine, California. http://en.wikipedia.org/wiki/Boost_Mobile
Send Global Corporation works with BOOST MOBILE... http://www.marketwire.com/press-release/iteknik-holding-corporation-sees-preliminary-increase-wireless-pin-sales-after-launch-1168360.htm 7.3% Increase in Sales to $9.3 Million; and a 37.8% Decrease in Debt for First Nine Months 2012
•Total liabilities decreased by 19.0%
•Debt decreased by 37.8%
•Operating Expenses were reduced by 5.6%
•Stockholders' equity increased by 11.6% http://ih.advfn.com/p.php?pid=nmona&article=52418025 Net Income for the first nine months of FY 2012 was $138,256
looking at the fillings Accumulated Depreciation (493,318), for the ones that understand accounting, know depreciation is really for avoiding taxes legally.
previous year results and you will understand the company's growth. iTeknik Holding Corporation Posts Profit and 59% Sales Increase in FY 2011 Annual Report http://ih.advfn.com/p.php?pid=nmona&article=49156055
iTeknik Holding Corporation Adds SIM Cards for Domestic Cell Phones to Its Retail Product Line (3000 Retail Locations) http://ih.advfn.com/p.php?pid=nmona&article=53897284 Key Executives for Iteknik Holding Corp (ITKH)
Fred Wicks http://www.linkedin.com/in/fredwicks Created global organization that reduced costs by $50+ million annually.
|Fred Wicks Chairman ||Jeff Lauzon President ||Heather Watkins Administration |
|Scott Pitcher Director:Tech Ops ||John Allen Controller || Jeremy Mack Software Engineer |
|Mike West Gen Mgr:Send Global ||Nate Clark System Analyst & Dev || |
Integrated 15 acquisitions in 13 countries consolidated nine major brands, recruited multinational executive tea
Led redesign of four industrial and three construction product lines into two global product lines.
Implemented Six Sigma principles in manufacturing, engineering, product management, and marketing functions.
P & L responsibility for $200 million European and South American businesses.
Led workforce of 1,100 employees conducting operation in 35 countries.
Generated $20 million revenue increase through launch of two new product divisions.
Added $17 million to bottom line in one year through innovative marketing strategies and aggressive cost controls.
Managed $400 million in annual sales. Global responsibility for marketing, sales, product management, engineering, aftermarket sales and customer service.
Maintained sales during market decline, massive restructuring and sale of the company.
Certified Public Accountant
Companyís financial statements are prepared by Glenn G Schanel the founder of Schanel and Associates, PA a professional accounting firm. The financials are unaudited. Mr. Schanel has a strong professional background. Glenn G Schanel founded the firm in 1994, and has been a Certified Public Accountant for over 25 years and is licensed to practice in both Florida and New Jersey. http://www.schanelcpa.com/our-staff/ Filed May 14, 2012 Attorney Letter with Respect to Current Information http://www.otcmarkets.com/stock/ITKH/filings Recent News: