ASKH: Astika Holdings, Inc. Comments on Growth in Asia

ASKH: Astika Holdings, Inc. Comments on Growth in Asia

posted in: Profile Updates by On February 22nd, 2014


AUCKLAND, New Zealand–(BUSINESS WIRE)–Astika Holdings, Inc. (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. (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.

Contact: Mark Richards, Director
Tel: 64 9 889 3327


Mark Richards, 64 9 889 3327

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