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iTeknik Holding Corporation Signs Agreement to Sell Controlling Interest in iTeknik to Axiologix, Inc.
iTeknik Holding Corporation Signs Agreement to Sell Controlling Interest in iTeknik to Axiologix, Inc..
About this update from Iteknik Holding Corporation
[{"type":"text","content":"\n\n\n\niTeknik Holding Corporation Signs Agreement to Sell Controlling Interest in iTeknik to Axiologix, Inc.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\niTeknik Holding Corporation Signs Agreement to Sell Controlling Interest in iTeknik to Axiologix, Inc.\nPR Newswire\nCOMMERCE, Mich., April 17, 2014\n\n\n\nCOMMERCE, Mich., April 17, 2014 /PRNewswire/ -- iTeknik Holding Corporation (Other OTC: ITKH), today announced that The Company, along with its Board of Directors and Officers, have signed a Stock Purchase Agreement to sell a majority of its outstanding stock to Axiologix, Inc. of Atlanta, Georgia.. This transaction is expected to close not later than June 7, 2014. Upon closing of this transaction, Vincent Browne, CEO and President of Axiologix will become Chairman, CEO and Corporate Secretary of iTeknik Holding Corporation. Jeffrey Lauzon will remain with iTeknik Holding Corporation as General Manager of Send Global Corporation.\n\nAxiologix Inc. is an International Technology and Services Organization focused on delivering Cloud-based Products and Services globally. Axiologix is a provider of Voice, Data and Cloud services to US small and medium size businesses and other operators globally. Axiologix recently acquired iWorld Services, a market leader in delivering retail and wholesale VoIP services, products, advanced web applications and software tools targeting high growth emerging markets. For more information on Axiologix visit http://www.otcmarkets.com/stock/AXLX/company-info.\n\nFredrick W. Wicks, Chairman and CEO of iTeknik Holding Corporation, stated, \"We are very pleased to have found an organization that can help iTeknik and Send Global grow.  Axiologix has a very strong global strategy that has the potential of creating a large technology and services enterprise.\"\n\niTeknik Holding Corporation (OTC Pink:ITKH) is classified as \"Current Information\"  and trades on the OTC Pink tier of the OTC Market.  For quotes and market information on the company, visit http://www.otcmarkets.com/stock/ITKH/company-info.\n\nAbout iTeknik Holding ...