Astika Holdings, Inc. Comments on Growth in Asia
AUCKLAND, New Zealand -- February 13, 2014
Astika Holdings, Inc. (OTCQB: ASKH) 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. 11.
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
INVESTOR RELATIONS CONTACT
ASTIKA HOLDINGS, INC.
Contact: Mark Richards, Director
Tel: 64 9 889 3327
ASTIKA HOLDINGS, INC.
Mark Richards, 64 9 889 3327
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