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It's a GREAT shell company and I am convinced it will be sold.
ITKH is thin...easily runs to 003's or higher with volume. Just a matter of time here.
Going to be epic going to make everyone a lot of money imo $ITKH
ITKH fate is with TCA FUND receiver "Jonathan Perlman".
I believe ITKH is a salable shell.
A major disappointed Epic fail
This shell is pretty clean and low shares. With all the reverse mergers lately best this shell is sold off.
Thanks for responding
I don’t understand a lot of that legal eagle crapola
It's only been in hands of the receiver for 90 days.
I don't known what will become of ITKH.
I am sure the shell will be put up for sale.
The receivers first quarterly report on TCA is out.
A quick scan of the 85 pages and i found the following :
? Big Rhino Corporation, Iteknik Holding Corporation v. TCA Global Credit MasterFund,
LP, Case No. CV2017-003585 (Superior Court of Arizona, Maricopa County)
The Master Fund acquired all of the assets of a company called Arrowhead Advertising
through a UCC foreclosure sale. In December 2016, the Master Fund entered into an asset purchase
agreement to sell all of Arrowhead Advertising’s assets to Big Rhino Corp., a Georgia digital video
production company, financed by debentures to the Master Fund totaling $6 million, guaranteed
by Big Rhino, its property, and its parent company’s property. Despite defaulting on the
debentures, in April 2017, Big Rhino filed suit against the Master Fund in Arizona alleging
fraudulent inducement into the debentures. Master Fund counterclaimed against the guarantors for
the outstanding balance due.
In June 2019, the parties entered into a settlement agreement, but the Master Fund was
forced to move to enforce it. On January 9, 2020, the court entered a judgment in favor of the
Master Fund for approximately $5.7 million in principal and $3.6 million in interest, plus
attorneys’ fees. On March 30, 2020, the Master Fund completed a UCC foreclosure sale of its lien
on defendants’ assets, which the Master Fund acquired for $510,000.
Awesome! Thanks
Did you provide them evidence showing Iteknik is owned by TCA Global? That is necessary in order for them to include ITKH in the liquidation.
The court documents and the news from 3/4 would probably be enough evidence for them to begin digging into the fact that Wicks threw in the towel and gave ITKH over to TCA global. Also the filings with Wyoming SOS is good evidence.
I wrote to the attorneys who are working on the TCA Entities re: ITEKNIK.
The following is their reply.
My name is Jean-Pierre Bado and I am one of the attorneys representing Mr. Jonathan Perlman. At the outset I would like to provide you with the Order of the U.S. District Court for the Southern District of Florida appointing Jonathan E. Perlman as Receiver over 6 TCA Entities and their assets which are predominately located in the United States and charging him with the task of liquidating those assets and making distributions to investors and creditors.
We are in the very early stages of the Receivership process. We are gathering as much information as possible about the current status of investments and available assets and, thus, do not have any timeline on the estimated return of funds nor the potential amounts of the same. We received your inquiry relating to Iteknik Holding Corp. Please advise on what documentation you possess linking Iteknik with one of the TCA entities in the attached Order.
Finally, please note that pursuant to the attached Order we are required to file an initial plan of liquidation within 90 days thereof. A website has been created, www.TCAFundReceivership.com, that contains additional contact information and will be periodically updated with related occurrences.
Huge news around the corner! Brace yourselves! Moon landing immenent!
Wow look at this piece of shit company...
Jonathan E. Perlman This would be the lawyer handling the assets...what happens with ITKH....who knows. But it will be interesting to see it unfold. https://www.gjb-law.com/Attorneys/Jonathan-E-Perlman-Custom.shtml
https://www.sec.gov/news/press-release/2020-110
TCA Global Fund included in the litigation
https://www.sec.gov/litigation/complaints/2020/comp-pr2020-110.pdf
FOR IMMEDIATE RELEASE
2020-110
Washington D.C., May 12, 2020 —
The Securities and Exchange Commission today announced that it has obtained the appointment of a receiver over Florida-based investment adviser TCA Fund Management Group Corp., its affiliate TCA Global Credit Fund GP Ltd. (TCA-GP), and several funds managed by TCA to protect investors from a fraudulent scheme allegedly conducted by TCA.
The SEC’s complaint, filed in the U.S. District Court for the Southern District of Florida on May 11, 2020, alleges that TCA improperly recognized revenue in order to fraudulently inflate net asset values and performance for several funds it managed, resulting in the funds always reporting positive returns. TCA allegedly distributed promotional materials to current and prospective investors that included the inflated asset values and false performance results. According to the complaint, the funds’ reported net asset value of $516 million as of November 2019 was inflated by at least $130 million. TCA and TCA-GP also allegedly distributed monthly account statements to investors falsely representing monthly returns and investment balances based on the inflated asset values. The complaint further alleges that the funds paid inflated management fees to TCA and inflated performance fees to TCA-GP.
“As alleged, investors were repeatedly presented a false picture of the TCA funds, showing them to be much more successful than they actually were,” said Eric I. Bustillo, Director of the SEC’s Miami Regional Office. “The SEC sought the appointment of a receiver to help locate and preserve the funds’ remaining assets for the benefit of investors.”
The complaint charges TCA and TCA-GP with violating the antifraud provisions of the federal securities laws, and seeks permanent injunctions, disgorgement of allegedly ill-gotten gains with prejudgment interest, and financial penalties. The court yesterday granted the SEC’s request to appoint Jonathan E. Perlman as receiver over the TCA, TCA-GP, and the TCA funds.
The SEC’s investigation, which is ongoing, is being conducted by Shan Chang, Raynette R. Nicoleau, and Allen J. Genaldi under the supervision of Chedly C. Dumornay and Glenn S. Gordon with the assistance of Jose Molina, Victor Mendoza, William Tudor, Roda Johnson, Jeannie M. Cabot, and John C. Mattimore of the Miami Regional Office. The litigation will be handled by Andrew O. Schiff and Stephanie N. Moot.
I believe this is the Company that obtain ITKH
SEC Obtains Receiver Over Florida Investment Adviser Charged With Fraud
FOR IMMEDIATE RELEASE
2020-110
Washington D.C., May 12, 2020 —
The Securities and Exchange Commission today announced that it has obtained the appointment of a receiver over Florida-based investment adviser TCA Fund Management Group Corp., its affiliate TCA Global Credit Fund GP Ltd. (TCA-GP), and several funds managed by TCA to protect investors from a fraudulent scheme allegedly conducted by TCA.
If we go back to trips I’ll play it as a long term lottery.
Agree...seems to be interest in ITKH. Low floater at 165mil.
Higher target IMO
s a cyclical stock. high volume represents top of the cycle profit taking take a look at the historical trade data and it becomes clear.
Could be insiders from an inbound company...
Hopefully this shell is being sold. Hope Wicks is long gone. What a waste of time that guy was.
Makes good sense to me. Nice to see it too...I've been loading up the past month or so.
IDK..preloading a low floater?
Any ideas why the sudden volume today?
Sold at 15? Interesting...float still around 165 mil according to OTCmarkets with verified TA. Well good for you, now you are out.
Patience is key here IMO. Sure, Wicks blew it...but this shell will get bought up one day IMO.
I am happy for you!
Took the opp sold the rest at 15, now I can wash my hand of OTC
yes sir, I like it...
Iteknik Holding Corp (ITKH)
0.0013 +0.00045 (52.94%)
Volume: 4,321,624
Epic fail piece of shit company hahahaha
Is the dumbass who came here saying he was talking to the former CEO going to give any info? Dude posted once and took off. Give us some hope jackass XD
Well I made money in four ITKH flips and lost overall this last time. Only hope is the shell is sold to something with value.
Hat tip, hard to find any value in OTC I’ll admit I was dead wrong about this company. Thanks for speaking the truth
As I said all along.
Why’d he fuck us? Shitty CEO or so overcome with greed he wasted a viable operating company in the end dumping a pile of shit onto retail holders of his company for a payout?
hey I'm new. I am very friendly with Fred Wicks and speak to him all the time. I used to do some part time work for him at iTeknik. Now that he has resigned for 90 days he can fill me in on things he would like to say.
LMAO might as well just throw your cash in a fire.
Ya right
I got a bridge I wanna sell you
Slap da ask man ...Buying 1billion shares Monday
Yeah okay. LOL That being said bought some of this POS at .0006 and dumped it all at .0009.
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7750 Okeechobee Blvd. Suite #4-561 West Palm Beach, Fl. 33411 Website: http://www.iteknik.com Phone: (561) 459-3809 idirect support line: (800) 405-9027 Email: fwicks@iteknik.com Commerce site: http://www.bigrhino.agency/ http://arrowhead.agency/ GoBig@bigrhino.agency Fredrick W. Wicks CEO | The ITKH Bulls are back! |
Latest Report Mai 2018, 1Q2018 Quarterly Report CIK 0001290416 Fiscal Year End 12/31 Share Structure Details OTC Markets |
iTeknik Holding Corporation's (ITKH) strategy is to acquire/merge with companies that provide leading edge products for the wholesale, retail and consumer markets. |
We are Big RhinoThe needs of our clients can change in the blink of an eye. That’s why we maintain a nimble in-house creative team with a unique talent for delivering the highest quality creative that is on-strategy and faster than anyone else. When combined with our digital, interactive, and media teams, you have a completely integrated, strategic, and responsive advertising machine at your disposal. No matter the medium, Big Rhino gives you what you need, and right when and where you need to deliver your message. |
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