iTeknik Holding Corporation Releases Audited Financials on its Send Global Subsidiary

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



RELATED LINKS
http://www.iteknik.com
http://www.sendglobal.com

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