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IKTO iTokk Inc (CE)

0.0001
0.00 (0.00%)
23 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
iTokk Inc (CE) USOTC:IKTO OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.00 01:00:00

Wall Street News Alert: Ahead of the Bell: iTokk Inc. -- November 12, 2009

12/11/2009 1:38pm

Marketwired


iTokk (CE) (USOTC:IKTO)
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From May 2019 to May 2024

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Wall Street News Alert's "stocks to watch" this morning are: iTokk Inc. (OTCBB: IKTO), 3Com Corporation (NASDAQ: COMS), AT&T (NYSE: T) and Motorola, Inc. (NYSE: MOT).

Yesterday after the markets closed, iTokk Inc. (OTCBB: IKTO) and its newly opened European operation headquarters in London, England announced a Product Launch in Italy and the completion of its platform integration with Voice S.r.L.'s existing IP services. iTokk can now capitalize from sales through their reseller agreement signed previously with service provider Voice S.r.L. of Milano, Italy, an established Internet and Voice service provider to consumer, enterprise and wholesale customers throughout Italy.

According to the Agreement, Voice S.r.L.'s portfolio of existing solutions, along with the iTokk Click-to-Call service, will be marketed and distributed through Voice S.r.L.'s distribution network of more than 18 agents, service delivery professionals and customer service agents across Italy. The existing base of 18 distributors across Italy currently supply services to over 1000 businesses and over 10,000 residential consumers and is supported by ALTRO CONSUMO, a major consumer association - magazine, which currently has a circulation exceeding 350,000 members - readers.

"The Agreement inaugurates iTokk's expansion into the planned 15 markets in Europe, the Middle East and Africa (EMEA) over the next 12 months," said Carmelo D'Anzi, VP of Business Development. "The partnership will kick-start the acceleration of iTokk's presence across Europe. In addition, the partnership specifically meets our mandate to offer value-add services to existing service providers such as Voice S.r.L. helping them leverage their networks by introducing new service innovation and keeping their value proposition fresh and strong for their customers."

Highlights, according to the release, include:

--  Voice S.r.L. will offer annual subscriptions to iTokk Click-to-Call
    for 220 Euros

--  Partnership specifically meets the iTokk mandate to offer value-add
    services to existing service providers

--  iTokk's European mandate is to open 15 EMEA countries as iTokk sales
    and support locations
    

The stock closed yesterday at Forty cents a share.

For an in-depth profile of Bio-Clean, visit http://www.wallstreetnewsalert.com/view-company-profiles.php?profile=IKTO_111109.

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3Com Corporation (NASDAQ: COMS) up 5.1% on 22.9 million shares traded.

3Com Corporation is a $1.3 billion global enterprise networking solutions provider that sets a new price-performance standard for customers.

AT&T (NYSE: T) up 0.3% on 18.3 million shares traded.

AT&T Inc. is a premier communications holding company.

Motorola, Inc. (NYSE: MOT) down 0.9% on 87.6 million shares traded.

Motorola is known around the world for innovation in communications and is focused on advancing the way the world connects.

Market Commentary:

Gold hit a new record, as the dollar continues to weaken. Gold futures for December delivery jumped to as high as $1,119.10 an ounce on the New York Mercantile Exchange in Wednesday morning trading.

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Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its' Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For current services performed for iTokk Inc. (OTCBB: IKTO), WSCF has been compensated Eight Thousand Dollars, by a third party, Alex Inc., who is non-affiliated and may hold a significant position in the stock. WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.

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