Replies to post #5207 on iTokk, Inc. (IKTO)

[PNKBULLSHT]

My opinion is they have secured equity financing. This is the pr we are going to hear and the reason they have been able to afford getting audited financials and update their status on pinksheets imo

Taken from the 8K October 28, 2009

"To meet our financing requirements, we anticipate raising funds through the sale of our equity. At the present time, we have not made any arrangements to raise additional cash. If we need additional cash and cannot raise it, we will either have to delay or suspend operations until we do raise the cash, or cease operations entirely."

They said they would either have to "delay or suspend operations until we do raise the cash, or cease operations entirely"....

Well they delayed and suspended operations but did not cease!

[funmaxus]

After reading the financials, that was my interpretation. I tried to point out specific information in this post Instead of trying to explain it in the I-Box, I provided a link to the pdf file. Note the I-Box disclaimer: since I help maintain the I-Box.

Seen other sub pennies with by far larger A/S, O/S and float trade at higher levels and not have the


IKTO just needs to provide an update.

fun

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yes, from what I read in the financials, 2.4b shares are not tradable...can you correct me if I am wrong...there are not a lot of shares here to trade, for a sub penny