Replies to post #3559326 on BB's Stock Haven

[ash111]

ITKH's Subsidiary Send Global Expands Its Prepaid Wireless Services Through an Agreement With Coinstar, Inc ( CSTR ) trading above $70/share

Send Global's product offering is strengthened as well by utilizing Coinstar's strategic relationships with Cingular, T-Mobile, Verizon and other major carriers. The agreement gives iTeknik the potential to generate attractive profit margins and further increase profitability by adding in-demand products to its Send Global retail interface used by over 2200 cellular store retailers nationwide.

Read more: http://www.tmcnet.com/usubmit/2008/01/17/3215795.htm#ixzz205pk7qjW


Ceelox, Inc. agreed to pay $1,750,000 in cash for Send Global,and that was 2 years ago..and be sure they did due diligance or potential.
but Ceelox was never able to come up with the cash needed to close the deal. http://www.sec.gov/Archives/edgar/data/1421766/000100201412000574/celo8k-10252012.htm

In the last PR Wicks talked about lowering operating costs- with the lower operating costs being implemented Send Global could be worth significantly much more that $2mil.
Send Global keep reporting ANNUAL REPORTS every year: http://www.dleg.state.mi.us/bcs_corp/results.asp?ID=01911E&page_name=corp


Not to forget the relationship between two companies IDT & ITKH, is beyond just transactions..IDT (NYSE) Trading $18+/share and trading almost at 52 wk.high

IDT provides high quality calling services to more than 200 countries. Send Global started its association with IDT in 2010 when it began integrating certain IDT routes into Send Global's premier international calling network. Since then Send Global has steadily increased its use of the IDT international calling services, according to company officials.

Send Global offers high quality and cost-effective prepaid calling service.

"Our customers select Send Global for prepaid calling service because we provide high quality calls at low cost per minute," said Jeffrey Lauzon, president of iTeknik Holding Corporation, in a statement.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77116769


The fourth straight year that iTeknik (ITKH) reported a profit.

iTeknik received and booked a deposit toward the purchase of Send Global assets in FY 2013 but paid expenses related to that transaction in FY 2014. If the related expenses were booked with the deposit, FY 2014 would have been even better than FY 2013.

One time expenses for 2014. 2015 gonna be HUGE.imo

Even now,fair value is above .05 (relating the $1.1m in gross profit and the $2m+ worth relating Send Global).

Price/Sales (ttm): 0.10,Revenue (ttm): 12.34M, Gross Profit (ttm): 1.11M , Revenue Per Share (ttm): 0.02

Source: yahoo finance