Astika Holdings Inc (ASKH)

[Potse]

ASKH...consultant agreement.....

Interesting to note that ASKH entered into a consulting agreement with an investment firm in June 2015 (see below). Based on the recently-filed periodic reports, this appears to be the first outside consultant the new CEO has employed since he purchased control of the shell in late 2013.

Whether the consultant can help complete any financing or merger/acquisition transactions for ASKH remains to be seen, but at a minimum it is a noticeable and more aggressive/proactive change in approach by the company/CEO.

Terms/conditions of the potential share issuance to the consultant have not been disclosed, so that is an additional risk factor that should be considered here. I'm still holding my full position and semi-expecting to see some higher-volume activity and a pretty significant move in the share price sometime between now and early-mid 2016.

On June 4, 2015, Artfield Investment RD, Inc. is contracted to provide restructuring consulting services to the Company for $45,000. Consultation fee shall be payable $22,500 in cash at the time of signing (6/4/2015), and the remaining fee of $22,500 to be paid through unrestricted shares. The entire $45,000 was due upon signing the agreement, and was recorded as a liability. The shares have not been issued as of the reporting date.

http://www.sec.gov/Archives/edgar/data/1511161/000139390515000621/askh_10q.htm