Time to count my penny stock tax write-offs! 1.....2.....3.....
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Anyone notice the supplemental information that just came out after hours?
Oh yeah, it does show 15 million there. Does anyone have a screen showing what it was before 4/30? It's sorta weird that it is updated without a filing to back it up, but if it is really 15 million, it's still way undervalued at .02.
Ahh, wheres the new number?
Where is this O/S reduction posted? Just curious to see what it is
And let's also note that his name is meant to coincide with the CEO's name. that's not weird at all.....
I dont see this posted anywhere on any websites, please enlighten me as to where you got this press release from
Ooo, please share this twitter post, I was very curious as to what happened
Which trade groups? I see nothing but crickets in terms of people talking about this stock
After today's revision, perhaps this CEO is just off in another land. It's interesting to make a revision less then 1 day after saying you're doing a split
Eh, I wish I could agree but the timing of the APS promo was just too coincidental with this proxy statement. An acquisition would explain the AS increase, but not a puny 5:1 rs. In most cases, they wipe the old shareholders clean when changing hands. I still hope for the best tho since I'm still in this
Something just didn't sit well with me on that one. This proxy statement was dated 4/26, Friday. One of the reasons cited for the split was the lack of activity in the stock....on one of the busiest days this stock has ever seen. I really feel like they were working with APS on this one. I managed to sell some at .007 as soon as I saw the 3 million shares hit the ask, also sold some this afternoon after this proxy came out, but still eating a few shares. If only we knew, there were plenty of chances to sell on Friday...
AMENDMENT TO THE CORPORATION'S ARTICLE OF INCORPORATION
WHEREAS , the undersigned members of the Corporation's Board of Directors have determined, after reviewing the capital structure of the Corporation, including the number of currently issued and outstanding shares of Common Stock, the market price of the Common Stock and the relatively limited investor interest in the Corporation's Common Stock, that a reverse split of our issued and outstanding shares of Common Stock on a One for Five (1:5) basis:
I mean, a 1:5 isn't meant to wipe out existing shareholders, but r/s rarely are good things
Oh, i'm the first post of the day? I can't imagine what happened to those people who had hundreds of posts about how this was the best thing since sliced bread. I shall go nap for another few months
Everyone gone already? That was fast
Pretty obvious why the slide back
If a $10,000 order is placed on the ask, it's gonna scare people from buying
Yep, I see a PR saying that, back from 2017. Back when wgnr was a fully reporting company. A lot has happened / not happened since then....
Where did you see that piece of news from with the dollar amount? I don't see it anywhere
At least we know they still around, they posted some overdue financials about a month ago
Yummy yummy, lots of shares to eat up, I will never really leave this stock
Yes, good job to all who bought in, even at .03, market value of 1.6 mil is still undervalued
Unfortunately, The activity at the end of the day seems to completely contradict that statement
Just think, if I was actually awake, Id be a good investor lol
Just FYI, while I continue to nap
https://backend.otcmarkets.com/otcapi/company/financial-report/199817/content
Ahh, well good job, you seemed to panic the mm's a little with it lol
Ahh nice, were you the one sitting at .0095 most of the day?
How much did you add? There was quite a bit of activity for this stock today, guessing you didn't buy all of them
I wish, and it deserves to, but there are no eyes on it. MM's blocked it from going up today, and without demand, they'll keep doing it
As undervalued as it is, theres no eyes on it, so unless people actually get this stock on their radars, it's staying right where it is
Those shares went to me :) Way undervalued for a completely legit company. Patience is key here
Just in case anyone cared...
https://backend.otcmarkets.com/otcapi/company/financial-report/188510/content
I put the news in my message, its nothing too important, but any news is better then no news
Or in some cases, making money while napping :)
Too bad, as I look over at the volume, everyone seems to be napping with me
No one caught today's news?
BusinessWire, GlobeNewswire and PR Newswire News
Iteknik Holding Corp ITKH:OTC Pink - Current Information
iTeknik Holding Corporation Provides Update on Audit Project Expected to be Complete by Mid-March
GlobeNewswire
11:06 AM ET
iTeknik Holding Corporation (OTC PINK:ITKH) today announced an update on the status of its Audit Project and subsequent plans to become fully reporting. The Company estimates the audit process will be completed by the middle of March, 2018. In April, 2017 the Company announced that it had engaged PCAOB certified auditing firm, L&L CPAs, to complete the audit of its books and records as part of the process to make the Company fully reporting with the United States Security and Exchange Commission (SEC). The PCAOB is directed by the Sarbanes-Oxley Act of 2002 to establish auditing and related professional practice standards for registered public accounting firms to follow in the preparation and issuance of audit reports.
Fred Wicks, iTeknik's Chairman and CEO said, "We h ave decided to change our audit period for the years ending December 31, 2016 and December 31 2017. By doing this we believe we can speed up the completion of this project. In conjunction with the audit period dates, we will also change our fiscal year to coincide with the Calendar year."
Wicks also said, "While there is no obligation for us to be fully reporting, Management believes that this achievement will provide various benefits. Some of these benefits include improvements in acceptability of the Company for trading and brokerage purposes and supplying potential investors more attractive disclosure coverage. Once we have completed the audit, it is our intention to file the necessary documentation with the SEC in order to seek or request the fully reporting status."
iTeknik Holding Corporation (OTC Pink:ITKH) trades on the OTC Pink tier of the OTC Market and is classified as "Pink Sheet Current Information." For more information about the Company visit https://www.otcmarkets.com/stock/ITKH/profile.
About iTeknik Holding Corporation:
iTeknik Holding Corporation's strategy (OTC Pink: ITKH) is to acquire fundamentally sound companies that are market accepted, scalable and demonstrate a quantifiable value proposition. Our focus is in companies that have strong market presence, brand awareness and talented and dedicated management teams. We primarily seek companies with the potential to achieve exceptional performance over time in the Marketing, Advertising and Digital Media space and related technologies. iTeknik may lend its operational support, management approach and financial resources to these companies to achieve improvements in revenue and earnings growth as well as positioning in the marketplace. iTeknik Holdings currently operates one wholly owned subsidiary, Big Rhino Corporation. For more information check us out at www.iteknik.com.
About Big Rhino Corporation:
Big Rhino Corporation is a wholly owned subsidiary of iTeknik Holding Corporation and is a full-service advertising and digital media agency. Big Rhino excels in providing on-strategy, fast, precise and creative marketing solutions that get our clients BIG results. We maintain a nimble in-house creative team with a unique talent for delivering the highest quality creative that we believe is faster than anyone else. When combined with our completely integrated digital, interactive and media teams, our clients have access to a strategic and responsive advertising machine. For more information check us out at www.bigrhino.agency
About Blender Company, LLC:
The Blender Company LLC. Blender, part of our holdings, is an Arizona based multi-cultural focused advertising and digital media firm with long standing clients in the state and local government agencies. Blender's has extensive minority business enterprise ("MBE") experience. Blender holds government contracts and has significant potential to expand business within state and local government agencies in Arizona.
Safe Harbor: This document contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors crea ted thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefu lly read those statements. When used in our documentation, the words "estimate," "anticipate," "expect," "believe," and similar expressions are intended to be forward-looking statements. Figures herein are unaudited and if audited results may vary.
Contact: Investor Relations iTeknik Holding Corporation info@iteknik.com 561-594-6235
And how did that end up going? You guys gotta realize, CDEL is completely running the show right now. It doesn't matter how good the stock looks from the outside, right now they are 100% controlling the price. It looked great, then CDEL kept putting 1 million share blocks on the ask, then removed its bid. This is not retail action. We are simply CDEL's games right now
Sorry guys, but I wasn't trying to bash on friday when I said that the first trading day for this stock after something good is released is NEVER good. It's just how it goes here. It always works itself out in the long run, but the first day is always bad
I mean the newcomers that just hopped on board. I've been here forever, and this stock has a good news curse. Almost every time news or good fin's are released, the stock goes down on the first day. It's always just MM manipulation, but it always happens and I don't want anyone selling in fear
Oh sigh guys, don't get your hopes up for a fantastic monday, just sayin, don't want anyone running away scared
Welp, looks like it's a great time to take a little nap here...
Zzzzzzzz.....
I didn't have spare funds, but when the ask was .0075, I had to quickly sell something else, I think it'll be worth it
FWIW this exact same thing happened a couple months ago here, it bounced back very quickly