Astika Holdings Inc (ASKH)

[LauraT]

$ASKH COMPLETE DD, by erez1 05/26/18


erez1 Saturday, 05/26/18 04:42:27 PM
Re: puffadder post# 4857 0
Post #
4867
of 4894
$ASKH COMPLETE D.D.

http://search.sunbiz.org/Inquiry/CorporationSearch/GetDocument?aggregateId=domp-p11000004605-aabb99cf-2a85-407e-831e-ba78a5f466e3&transactionId=p11000004605-89628ac2-8dd3-4118-8b67-a4de80af1301&formatType=PDF
10-k and we off the race !!!!
what holds the 10-k ? read forward...

ASKH has integrated its management and moved its headquarters to Rosebank, Auckland, New Zealand. The President of Astika, Mark W. Richards retired after 25 years as a Registered Chartered Accountant in Public Practice (CA PP) since 31 July 1991. Mark w. Richards holds a little over 8.1 million Restricted shares since 2013: (ASTIKA HOLDINGS, INC. COM 8,160,000 1 13D 2013-12-02). He has been a Partner in Practices since that date commencing with Cox Arcus & Co, and progressing through to Cleaver Richards a medium size practice in Ponsonby, Auckland, providing Accounting and Taxation advice to a broad range of SME clients. Since 1 March 2011 he formed a Consultancy based practice in Auckland to attend to the strategic management of clients and their businesses. The Practice is responsible for assisting clients from overseas business ventures with the management of both the businesses and taxation structures to meet the requirements within New Zealand and resident jurisdictions for Countries including USA, Australia, Hong Kong, China, Thailand, Brunei, and the UK. Mr Richards provides management and consulting services to assist with the growth and financial requirements of those companies. In 2008 Mr Richards began acting for a NZ resident entity responsible for the exportation of commodities for sale in China. Through this affiliation he has developed a working relationship with Prominent Chinese businessmen and has been engaged to assist them with the management of their affairs. Mr Richards has acted for Chemsafe Group from November 2006 to develop the strategically for the roll out of the SCR based products nationally in New Zealand and Australasia. In 2010 Mr Richards assisted in the development of a Strategic Brand Marketing Company in Thailand to provide advice on Brands to large Thai Corporates. This involved the development of own brand products in Supermarket chains within Bangkok In 2013 Mr Richards assisted in the formation and marketing of a franchised Motorsport Team aimed at promoting client products in to the market place. He has also assisted with Companies in Oil Recovery, Transportation, Vehicle Sales, Product Design & Marketing, and Fashion.
Astika Holdings IS A OTCQB since 2014 and they are in the process of making the necessary filings on the U.S. SEC. EDGAR system providing the specifics of developments. The management intends to position the Company for an up-listing to a higher exchange such as the NASDAQ BX or NASDAQ, once the Company meets the financial status and market share price for up-listing qualification.

SHARE STRUCTURE:
Outstanding: 29,890,066
Float: 21,730,066 (From TA.)- UNCHANGED FOR FEW MONTHES...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140616845
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139079762



The New Lg Capital Funding reported SC 13G form with the SEC for Astika Holdings Inc.As reported by Lg Capital Funding, the filler owns 7.21% or 2,009,595 shares of the company: December 22, 2017. This shows Lg Capital Funding’s positive view for Astika Holdings Inc.They understand what's coming here...

MEGA 8-k PENDING MERGER (3Y IN THE MAKING)IS ABOUT TO BE EVANTUALLY FINALLIZED:
FORM 8-K February 8, 2018 - "Astika Holdings, Inc. (the "Company") (OTCQB:ASKH) announces that it has entered into an Exclusivity Agreement and Non-Binding Letter of Intent ("LOI") to purchase 100% of one of China's successful textile and home furnishings companies, Jiangsu Ziyang Holiday Bedroom Articles Co. Ltd., (the "Acquisition"). The parties intend to complete the purchase no later than July 31, 2018. The Acquisition, a Chinese private company, has been in business for over a decade and has a consistent track record of delivering revenue and earnings growth. Last year it completed one of its best years in its history with almost $20 million USD in gross revenue, and with significant profitability...Under the terms of the Exclusivity Agreement, the parties have agreed that the Acquisition will not engage in any negotiations or discussions with other potential acquirers during the period of exclusivity, which currently runs until July 31, 2018. The parties have also agreed to maintain confidentiality in order to protect the Acquisition's competitive interests, and the interests of its many customers and employees, during what is always a tumultuous period for a company that is in the process of being acquired.... The Acquisition is currently audited in China in accordance with IFRS-International Financial Reporting"
https://backend.otcmarkets.com/otcapi/company/sec-filings/12526793/content/html

New Company Incorporation:JIANGSU ZIYANG HOLIDAY BEDROOM ARTICLES NZ LIMITED - 2017-05-16
JIANGSU ZIYANG HOLIDAY BEDROOM ARTICLES NZ LIMITED issued 1000 shares,Our confidence that these represent 100.0% of the total shares is high
https://opencorporates.com/filings/347016250

"Jiangsu Ziyang reported almost $20 million in gross revenues. If the agreement is successful, the market will check this figure, so bear it in mind. The stock gains should be proportionate to this figure. In addition, please note that no information was given on the balance sheet. We expect it to be rich in assets, and properties. But, more concrete information will be needed. Be sure to look for these financial figures. They will also determine the stock performance of ASKH after the merger.."
https://insiderfinancial.com/the-transaction-of-astika-holdings-inc-otcmktsaskh-is-an-opportunity

"Mr. Xu Jian is the CEO of Jiangsu Ziyang Holiday Bedroom Articles Co. Ltd.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141101559
He was recently appointed to be a member of the standing committee of the Chinese political consultative conference. He is also, Vice Chairman of China’s home furnishing association, vice executive member of the China home textile association, vice director of China home textile bedding association, vice chairman of general chamber of commerce of Nantong economic zone, and vice chairman and secretary general of Nantong home textile association. From 1998-2001 he was general manager of Zhejiang Silk Group. In 2001-2007 he became general manager of the Ziyang company and in 2007 to the present, he rose to the CEO of Jiangsu Ziyang Holiday Bedroom Articles Co. Ltd.."
https://www.sec.gov/Archives/edgar/data/1511161/000139390516001076/askh_10k.htm

Jian XU Holding his controlling 10,000 Preferred Shares
https://opencorporates.com/statements/517277937

IMO this could be the hold up for the EXPECTED MEGA 10k: ("The parties expect the PCAOB audit under US GAAP to be completed within approximately 8-16 weeks")
https://backend.otcmarkets.com/otcapi/company/sec-filings/12526793/content/html

ASKH IS A DEBT FREE SEC.FILER CO. NEVER HYPED NOR PUMPED. THERE IS NO DILUTION HERE NOR FRONTLOADING AND THE ACCUMALATION OVER THE LAST FEW MO. HAS BEEN MASSIVE. THIS RARE LOWFLOATER GEM IS SET FOR A HUGE RETURN. ASKH will be a money maker for patiance investors that WILL hold - this is not a day traders play nor for flippers !!!