You got to be kidding.
Strategy of growth through merger and/or acquisition.
This was the plan.
I know the people at ITKH and have full confidence of Mr Wicks and I'm sure your answers as well as ours will be in the next PR.
As to financials......Of course it matters. ITKH will remain in place as far as i under stand it. Again we will have to hear the details, but either way it is a win win for the share holders. Not too hard to understand. ITKH is the Parent company of Send Global
- On October 25, 2012, the Company entered into an asset purchase agreement (“ Agreement ”) with SEND GLOBAL CORPORATION, a Michigan corporation (“ Send Global ”), and ITEKNIK HOLDING CORPORATION, a Wyoming corporation and the Parent company of Send Global(“ Parent ,” and together with Send Global, the “ Sellers ,” and each a “ Seller ”). The Company has agreed to purchase substantially all of the assets of Send Global in exchange for: (i) $1,750,000 in cash