iTeknik Holding Corporation Releases Audited Financials on its Send
Global Subsidiary
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COMMERCE, Mich., Sept. 3, 2013 /PRNewswire/ -- iTeknik
Holding Corporation (Other OTC:ITKH), announced today that it has
posted audited financials for its Send Global subsidiary for fiscal
years 2011 and 2012. The financial audit was conducted by
Rothstein Kass, a registered public accounting firm headquartered
in Dallas, Texas. iTeknik
Holding Corporation conducted the audit in anticipation of a
potential sale of Send Global Corporation assets.
SEND GLOBAL FINANCIALS
|
Audited
|
|
FY 2012
|
FY 2011
|
Total Revenue
|
$12,357,022
|
$11,702,974
|
Net Income
|
$43,477
|
$113,636
|
Fredrick Wicks, Chairman and CEO of
iTeknik Holding Corporation, stated, "Our Board felt that
voluntarily providing this audited information on Send Global would
benefit our current and prospective shareholders. We hope it also
builds confidence about the information we disseminate and confirms
the value of our company."
iTeknik Holding Corporation (OTC Pink:ITKH) is classified as
"Current Information" and trades on the OTC Pink tier of the OTC
Market. The audited financial information on Send Global can
be found under Filings and Disclosures as a Supplemental Report on
OTC Markets website at
http://www.otcmarkets.com/financialReportViewer?symbol=ITKH&id=110693
About iTeknik Holding Corporation
iTeknik Holding Corporation was formed to acquire start-up and
growth companies involved in the development of new technology and
products. iTeknik's Send Global subsidiary provides wholesale
and retail telecommunications services, and products worldwide.
Send Global's services include voice over Internet protocol
origination and termination; A-Z routing and switching; wholesale
carrier routing services; reseller billing and reporting; Web-based
reseller solutions; prepaid calling card solutions; international
cellular calling; and retail point of sale solutions. The company
serves B2B carriers, telecom resellers, retail outlets and
consumers direct through websites such as www.MyMobile011.com,
www.GreatMinutes.com, www.AloBilady.com, www.IndiaMinutes.com and
www.MexicoMinutes.com. iTeknik Holding Corporation was
founded in 2007 and is based in Commerce,
Michigan. Through its subsidiaries, iTeknik has more than 17
years of history in the telecommunications industry. For more
information please visit website www.iteknik.com and
www.sendglobal.com.
Safe Harbor: This document contains certain forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended and Section 21E of the Securities Exchange Act
of 1934, as amended, which are intended to be covered by the safe
harbors created thereby. Investors are cautioned that all
forward-looking statements involve risks and uncertainty,
including, but not limited to, general market conditions,
competition and pricing. Although the Company believes that the
assumptions underlying the forward-looking statements contained in
this press release are reasonable, any of the assumptions could be
inaccurate. Therefore, there can be no assurance that the
forward-looking statements included in this press release will
prove to be accurate. The inclusion of such information should not
be regarded as representation by the Company or any other person
that the objectives and plans of the Company will be achieved. In
assessing forward-looking statements readers are urged to carefully
read those statements. When used, the words "estimate,"
"anticipate," "expect," "believe," and similar expressions are
intended to be forward-looking statements.
SOURCE iTeknik Holding Corporation