Business
Clikia Corp in Negotiations for New Significant Purchase Order
Clikia Corp in Negotiations for New Significant Purchase Order.
About this update from Maison Luxe Inc.
[{"type":"text","content":"\n FORT LEE, NJ, Jan. 20, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Clikia Corp. (OTC:CLKA) (“Clikia” or the “Company”), an emerging leader in the global custom luxury goods marketplace, is pleased to announce that the Company’s wholly owned subsidiary, Maison Luxe, is back in negotiations for a fourth substantial order from Signet International Group (“Signet”) (SignetInternationalGroup.com), a leading player in marketing and distributing luxury branded products. While no firm agreement has been reached, management believes the deal is likely to be signed soon and stands to provide a strong boost to the Company’s early 2021 growth outlook. The Company has already participated in three prior orders with Signet, each of which was material in driving performance. Details will be forthcoming as events transpire. “Signet continues to be a strong partner and a steady source of cash flows from operations,” remarked Anil Idnani, CEO of Clikia and Founder of Maison Luxe. “We look forward to deepening this relationship and establishing additional similar arrangements with new and existing partners as we widen our distribution footprint, and the broad economic recovery picks up steam in the months ahead.” As noted in the Company’s prior release, revenues for 2020 exceeded expectations for the full calendar year. While final numbers are not yet in place for full public release, management believes revenues will top $3.5 million (compared to a full-year target of approximately $2 million), despite the economic slowdown. The Company looks forward to further gains in performance as analysts anticipate a return to more normal operating conditions in 2021. About Clikia Corp Clikia Corp. was incorporated in 2002 in the State of Nevada, under the name MK Automotive, Inc. Our corporate name changed to Clikia Corp. in July 2017. In April 2020, our company experienced a change in control, pursuant to which Mr. Anil Idnani became our controlling shareholder and sole officer and director. Following such change-in-control transaction, in May 2020, we acquired all of the assets, including the going business, of Maison Luxe, LLC, a Delaware limited liability. Our wholly-owned subsidiary, Maison Luxe, Inc., a Wyoming corporation, now owns the acquired assets and operates the ...