JOSIAH24
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Look at PTOP settlement news 220 MIL volume now ITKH 002 settlement coming 100 MIL will get us over 01++++
Folks imagine when the settlement is announced for ITKH right now at 002 they will meet on 04/30/19 100 mil in volume in ITKH =01+
Wow that is nice volume
IKTH 0022 folks load here weekend holiday sellers will bounce hard next week
Next week it will go imo
Good thing my hopes is fair for both that way the company can move on
Folks don’t sleep on ITKH holding my shares
Is getting to the point that no one wants see something move 4 or 5 ticks and out , traders posting their own tickers all over , not worth it like that
See all of those that hold next week
Patience with this one is needed the settlement will allow them to continue its growth through acquisitions and and to uplist like they where planning
Traders all divided in the otc playing 150 tickers and not enough volume for all of them instead of focusing on just a few
Good volume looking good
ITKH good buying chance here
Good morning Everyone
ITKH gapping this morning FYI
Yep things looking good
DLCR 0006 950 MIL A/S pink current will get out of trips
GEGI 0005 Ceo expected to update
ADHC ITKH GEGI DLCR looking for these to move higher
looking forward for it to move past 004 tomorrow and hopefully close above it
Have a feeling next leg up is coming GEGI
I really hope so , or someone is really stupid
Someone with 5 mil on 0035 lol
NSAV 0003 annual report out hemp beer distribution under way FYI
ITKH 0037 earnings and what the settlement will help them
Another outstanding achievement is that our subsidiary, Big Rhino Agency, under the leadership of CEO Kyle Eng, achieved an operating profit of 7% for the second year in a row. Overall iTeknik shows a net loss of $934,573 for the 12 months ending December 31, 2018. This loss includes $900,000 in disputed interest charges that iTeknik did not pay but has accrued on its books pending the outcome of its litigation with TCA Global Fund. Management believes that the Company will prevail in litigation and a major portion of the accrued interest will not be paid. In addition, the loss includes $88,155 of extraordinary legal expenses that the Company did pay. Without these extraordinary expenditures iTeknik would have made a net profit of 1.6%. What is encouraging about our profit situation is that in the last seven months of 2018 iTeknik averaged 4.3% net profit and posted a December net income of 6.2%, excluding disputed interest payments and extraordinary legal costs.
Management believes there are factors that will continue to support revenue growth and earnings improvement. First, Big Rhino is expected to continue to grow and increase its operating income. Secondly. Management expects its ligation with TCA to be resolved in 2019. This would allow the Company to implement its strategic plan and seek additional acquisitions. Acquisitions can provide iTeknik with the economies of scale that can help to increase earnings.
2019 Focus
First and foremost, Management will focus on its dispute with TCA Global Fund. Management expects either to prevail in court or reach an amicable resolution through settlement negotiations. Once this dispute is settled the company will be able to complete the audit started in 2017. After the audit is complete the Company will seek to become fully reporting as an OTC QB designated company. As an OTC QB company, Management is confident it will be able to secure the financing to acquire other advertising agencies.
ITKH 0037 going settlement court date set this will allow ITKH to continue there plans to acquire and uplist
In regards to ITKH and TCA read below
Earnings
Another outstanding achievement is that our subsidiary, Big Rhino Agency, under the leadership of CEO Kyle Eng, achieved an operating profit of 7% for the second year in a row. Overall iTeknik shows a net loss of $934,573 for the 12 months ending December 31, 2018. This loss includes $900,000 in disputed interest charges that iTeknik did not pay but has accrued on its books pending the outcome of its litigation with TCA Global Fund. Management believes that the Company will prevail in litigation and a major portion of the accrued interest will not be paid. In addition, the loss includes $88,155 of extraordinary legal expenses that the Company did pay. Without these extraordinary expenditures iTeknik would have made a net profit of 1.6%. What is encouraging about our profit situation is that in the last seven months of 2018 iTeknik averaged 4.3% net profit and posted a December net income of 6.2%, excluding disputed interest payments and extraordinary legal costs.
Management believes there are factors that will continue to support revenue growth and earnings improvement. First, Big Rhino is expected to continue to grow and increase its operating income. Secondly. Management expects its ligation with TCA to be resolved in 2019. This would allow the Company to implement its strategic plan and seek additional acquisitions. Acquisitions can provide iTeknik with the economies of scale that can help to increase earnings.
2019 Focus
First and foremost, Management will focus on its dispute with TCA Global Fund. Management expects either to prevail in court or reach an amicable resolution through settlement negotiations. Once this dispute is settled the company will be able to complete the audit started in 2017. After the audit is complete the Company will seek to become fully reporting as an OTC QB designated company. As an OTC QB company, Management is confident it will be able to secure the financing to acquire other advertising agencies.
ITKH 0037 Revenues per filing
Revenues
2018, our second year of operation, was very successful. We increased revenue from 2017 by 23% from $2,751,982 to $3,375,038. The following chart outlines the monthly results and the impressive growth rate that the Company has achieved since the start-up of its subsidiary, Big Rhino Agency, in January 2017.
2017 Month Revenues
2018 Revenues
$262,009 $256,098 $253,643 $270,603 $263,383 $281,895 $272,994 $303,720 $294,805 $296,854 $302,153 $316,879
January February March April
May
June
July August September October November December
$130,994 $176,563 $191,756 $196,343 $227,426 $221,893 $229,873 $263,029 $258,052 $297,056 $289,967 $269,081
There was a lawsuit file for a loan ITKH made acquisitions and it was based on value of the company they where going to purchase ; ITKH is already profitable is a holding company ; the settlement will slow ITKH to continue operations and will give TCA monies that are been held in the bank in cash , terms of the settlement are not known yet since court date has been set , They own a couple companies ; the settlement is in best 8nterest of ITKH
Fyi follow up news coming imo any day most likely next week but possible even tomorrow
Looking good
That will be great could gap up in the morning
ITKH 0034 consolidation I think by tomorrow will be in the 004 to 005 range there imo
ITKH 0033 set a settlement date in court going to go like CMGO
ITKH 0033 to run like CMGO FYI tomorrow 005 in couple days or Monday 01
ITKH 0033 will fly over to the 005,s imo tomorrow
Are you watching ITKH is going to pennies imo
ITKH 0033 huge volume on settlement date
ITKH 0033 huge volume folks