Categorized | Stock Newsletters

IKTO, Every time we get into this area on the stock we have a bounces of 20% to 40%, Back up the truck on IKTO, It is time to trade this baby

Hi Subscriber,
PSC is in Miami.  We met for lunch earlier today with consultants who are close to IKTO.  They went into some detail about the company’s business developments and following the meeting, we were left smiling.

This stock looks set to bounce 20% to 40% and then moved much higher ona  fresh leg up.  All we need is the right news.
The story on IKTO is super solid.  The market is in the multi billions and IKTO is going to get a piece as per the last press release from the company.

iTokk, Inc. Announces Completion of Platform Integration With (Reseller) ISOURCE COMMUNICATIONS INC.-Social Media Specialists

2010-03-02 16:52 ET - News Release

SUNNYVALE, CALIFORNIA -- (MARKET WIRE) -- 03/02/10

iTokk, Inc. (OTCBB: IKTO) today announced the completion of its platform integration with Isource Communications Inc. of Canada, social media specialists and hosted website providers. Since 2005 Isource Inc. has been hosting Internet home based business services and expanding its network using social media techniques reaching thousands of customers throughout Canada and the United States.

According to the reseller agreement signed previously with Isource and iTokk, the terms of integration include a fully hosted platform with custom integration to their portal and many affiliate websites. The initial hosted integration of iTokk and Isource will launch with several completed marketing websites such as www.callgateway.com, www.isourceclicktocall.com. They will soon host link exchanges with hundreds of sites managed by Isource such as http://www.asset.vc, http://www.thermomatrix.us, http://www.4pod.com, and http://www.diamondpay.com.

According to a recent US Census Press Release in Jan 25, 2010, more people are working from home, and more of them are working for themselves. The data showed a trend increase from 19.5% to 25.1% increase in home based workers during the period studied. "This data demonstrates that millions of Americans are embracing telework - the ability to work from anywhere," said Kevin Penstock, CEO of iTokk, Inc., "and we are excited to demonstrate the potential of the iTokk platform in social media by partnering with iSource."
"We are excited to affiliate our sites and services with iTokk given the social media potential of the iTokk products and services," said Bruce Youb, President/Founder of Isource. "Word of mouth is powerful and the benefit of offering substantial savings on long distance using a mobile phone with iTokk Mobile is a simple story to tell."

About Isource Communications Inc.
Isource Communications Inc., social media and Internet home based business providers is a rapidly expanding hosted social website organization throughout Canada and the USA. With more than 100 domains and websites, ISource Communications Inc. is working to become a leading social marketing organization.

About iTokk
iTokk, Inc., the world's most innovative communications company, offers flexible, next-generation telephony ugsolutions for consumers and businesses. iTokk's flagship product Npoints-Framework and developers platform make it simpler, cheaper and faster to build communications functionality into applications, enabling carriers and networks to introduce new revenue-generating voice services in days, rather than months. By combining the iTokk platform and innovative products with carriers across the globe, iTokk has the potential to deliver the industries most explosive growth of innovation and in IP telephony. The worlds newest leading global IP telephony company is headquartered in Sunnyvale, California with offices in Canada, UK and India.

ADDITIONAL INFORMATION about iTokk, Inc. can be viewed on the Company's Web site: www.itokk.com. Capitalization and filings can be viewed at: http://www.otcbb.com.

Contacts:
iTokk, Inc. - Investor Relations
Angelo Soukas
President
asoukas@itokk.com
For business development information in Europe
iTokk, Inc.
Mr. Carmelo D'Anzi, VP of Business Development
44-790-088-7405
cdanzi@itokk.com
www.itokk.com

Our group is going to be buying some stock on IKTO into the end of the week in order to beef up our holdings going forward.

IKTO moved 42.5% from .40 to .57 on the last run. 



IKTO touched .375 on light volume before closing up one tick @ .45.  PSC is looking for a bounce here past the last resistance point of .62.  We feel comfortable that anyone who wanted to sell is out based on the fact that the number of trades went up today but the stock mostly traded at the unchanged level of .44. The next offer on IKTO @ the close today was .52.  This is further confirmation to us that the path higher on the stock is clear.  The reality is that  stocks always follow the path of least resistance and the path of least resistance on IKTO is higher.

PSC is expecting a solid update from the company and we think this will spark a rally past .62.  The break of the .62 level should cause a move into the $1.00 to $1.50 range.

This chart on IKTO from www.stockta.com  clearly shows the last resistance point is still .62. The support is @ .40 which means there is significantly more upside than downside.  Our team likes those odds and thinks the chart on IKTO is a buy signal for our members.



Please remember to do your due diligence on IKTO.

 

Please remember to do your due diligence
For more information please join us on our website.
To view our full disclaimer please click here.


This message was sent from Penny Stock Chaser to Subscriber. It was sent from: Pennystockchaser, PennyStockChaser 220 E. DELAWARE AVENUE, Newark, Delaware 19711. You can modify/update your subscription via the link below.

Email Marketing by
iContact - Try It Free!


 
View this message in the iContact Community:   View message   Comment on this message   Receive as RSS
Share this message with others:   del.icio.us   Digg   reddit   Facebook   StumbleUpon

Leave a Reply

You must be logged in to post a comment.

Partly powered by CleverPlugins.com