Astika Holdings Inc (ASKH)

[puffadder]

Merger process effectively has already begun ....

> Chinese investors purchased preferreds in December 2017.
> This highly unusual event was described by Grant Thornton as a "complex transaction" in order to get funding to Richards to rid himself of the Tribeca debacle.
> Effectively a good chunk of the money Richards had sunk in to maintain financials, etc. was returned to him by the Chinese.
> The only details in the 10k were the cash proceeds amount of $201k and the foreign exchange loss which was recognized due to the transaction being made in RMB (yuan currency = China).
> It is also unclear how much of the preferreds Richards owns.




The OTC is accustomed to shells being sold from a custodian to the merging company (Synergy to TDS - CLHI shell as an example) to kick off a merger. They are not accustomed to the above preferred share purchase arrangement as the kick off to a reverse merger.

ASKH should already be trading MUCH higher but the transaction above was never detailed by SOURCE of funds.

Comparative -
CLHI ran from .01 at the beginning of 2020 to over $2 as recently as January 2021. It took more than one year from the custodian hand off until the final details were laid out by TDS as to share structure, etc.

The REAL MONEY is made between the lines (War Dogs). Once the Chinese decide on the exact time to kick off the merger ASKH will have its day.

Zero toxic debt and 22 million float - it's worth the wait.