FSC / Press Release
Astika Holdings, Inc. Comments on Growth in Asia
Auckland, New Zealand, February 13, 2014 /FSC/ - Astika Holdings, Inc (ASKH -
OTCQB),which announced its new direction to pursue a vertical integration
strategy through the acquisition of service, agriculture and industrial
companies to compliment and grow Astika's business commented today on the growth
of companies in Asia and confirmed Astika's model of combining relationships in
Asia as primary operations.
Commenting on Astika's strategy, the new director of Astika Holdings, Mark
Richards, agrees with a Bloomberg Television interview on Feb. 11, 2014, ("*The
China growth story is going to be the story of the next 30-40 years...We really
need that growth in China to occur... This could very well be the century of
China.") (*Selective quotes from the Bloomberg Television interview with Goldman
Sachs Group Inc. Chief Executive Officer Lloyd C. Blankfein in Hong Kong on Feb.
Mark Richards went on to say, "We believe that those statements strengthen our
efforts on the acquisition of service, agriculture and industrial companies in
Asia for Astika. By focusing on companies in China, the second-largest economy
in the world, Astika Holdings plans on accelerating its growth plans. We
appreciate the support previous management has given us during the initial
stages and are excited to lead the Company and its shareholders into the future.
The Company intends to be issuing press releases to its shareholders in the
coming days and weeks outlining a series of potential acquisitions and expansion
of Astika Holdings."
Astika Holdings is in the process of making the necessary filings in a Form 8-K
which will be filed on the US SEC EDGAR system providing the specifics of these
developments. The new management intends to position the Company for an
up-listing to a higher exchange such as the NASDAQ BX or NASDAQ, once the
Company meets the financial status and market share price for up-listing
qualification." The Company has begun the process of integrating management and
moving its headquarters to Grey Lynn, Auckland, New Zealand.
Astika Holdings, Inc. (OTCQB: ASKH)
Astika Holdings is focused on a variety of strategic acquisitions in service,
agriculture and industrial companies to compliment and grow Astika Holdings,
Inc.'s business. The Company is positioning to capture the next wave of growth
companies from Asia. As the centerpieces for Astika Holdings in Asia, the focus
is on rapid economic growth and increased foreign investment sector companies
which are poised for accelerated economic growth with national modernization.
Astika is also focused on adding value through successful project development,
efficient operations, and opportunistic acquisitions while maintaining a low
risk profile through project diversification, astute financial management and
operating in secure jurisdictions.
Forward-Looking Statements - This press release may contain certain
forward-looking statements within the meaning of Section 27A of the Securities
and Exchange Act of 1933, as amended, and Section 21E of the Securities and
Exchange Act of 1934, as amended, and such Forward Looking Statements are
intended to be covered by the safe harbors created thereby. Investors are
cautioned that all forward-looking statements involve risks and uncertainties.
All statements other than statements of historical fact in this announcement are
forward-looking statements, including but not limited to the viability of the
company's business plans, the effect of acquisitions on our profitability, the
effectiveness, profitability, and the marketability of the Company's products;
the Company's ability to protect its proprietary information; general economic
and business conditions; the volatility of the company's operating results and
financial condition; and other risks detailed in the Company's filings with the
Securities and Exchange Commission. These forward-looking statements involve
known and unknown risks and uncertainties and are based on current expectations,
assumptions, estimates and projections about the company and the industry. The
Company undertakes no obligation to update forward-looking statements to reflect
subsequent occurring events or circumstances, or to changes in its expectations,
except as may be required by law. Although the company believes that the
expectations expressed in these forward-looking statements are reasonable,
management cannot assure the public that their expectations will turn out to be
correct, and investors are cautioned that actual results may differ materially
from the anticipated results.
INVESTOR RELATIONS CONTACT
ASTIKA HOLDINGS, INC.
Contact: Mark Richards, Director
Tel: 64 9 889 3327
To view the press release as a PDF, please click on the following link:
Source: Astika Holdings, Inc (OTCQB - ASKH)
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-0- Feb/13/2014 13:00 GMT
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