iTeknik Holding Corporation (ITKH)

[MoModernTrader30]

Sorry guys..I've been racing at the Go Pro Motorplex in NC and not looking on here. On the question about filing if you own 50% of SG...No, I don't think ITKH can "claim" 50% of the income as it's on. On the financial reports filed with edgar or OTCPINK which uploads to edgar, this is a "consolidated" earnings report. FASB rules require 80% or more before you can "Consolidate" the earnings or upload to edgar. Of course, ITKH can do what it wants...there's no "filing police" to say "Hey, you can't do that" but I don't think filing 50% of a subsidiary company you own is proper through edgar. My thought is, this is an attempt to provide a "trail" so as to not deem the company a "shell" nothing more. Whether it is or isn't, whether Fred is filing this wrong or not is up to others to decide. For me, I wrote my shares off last year. I think Fred has the ability to do something but like Jeb Bush...I think he just doesn't have the energy or the money right now. But I still like him a lot and would invite him over (and you guys too) for some good ole Western, NC Pork BBQ! Yum Yum.
Just my own opinion...
-RTE