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10/09/10 12:44 PM

#1987654 RE: balamidas #1987645

IKTO - Time to load before October 28th

Recv: Wed 10/06/10 1:42 PM
Dear XXXXXX,

There are preferred shares issued to shareholders with conversion rights; please refer to our amended bylaws which describe the preferred series rights and privileges. In the event such preferred shares were converted to common stock, the company would require sufficient authorized stock. This is the reason for increasing the authorized.



Regards,
Investor Relations,

ITOKK, INC.