ASKH (Nantong Ventures) HOT NEW IPO currently trading at 55-75 cents; Nasdaq bound; Target =====> $3.00 PPS
We (Full Impact) are buying shares of ASKH in the open market. We like the stock!
Nantong Ventures (OTCBB:ASKH) through Nantong Dredging Machinery Co. Ltd., is focused on expanding its market for a variety of patents and proprietary developments for specialized machinery in agriculture and aquaculture. Nantong Dredging Machinery is focused on expanding its markets in China for both bespoke specialized products and its manufacturing specialties which have received purchase approval for from the Chinese government.
The company builds and sells following products and services:
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- High Accuracy Grain Seeder,
- Mechanical ships for underwater dredging, and
- Cement construction tools for submerged drains.
The company was founded on March, 1998. Company headquarters are located in Shuangdian Town, Rudong County, Nantong City. An additional parts manufacturing and assembly workshop is located in Hebei Province. In Henan Province, the company owns 6 dock yards for repairing and building ships.
The company is well positioned to capture the wave of booming growth in on China's central coast, its regional province, and the nearby Shanghai metroplex. It is currently expanding markets and manufacturing capacity, particularly for specialized agricultural equipment, the " High AccuracyGrain Seeder, designed specifically for the unique needs of China. The rapid growth of the local economy creates a powerful opportunity to develop larger markets in China and globally.
The company seeks to manage its capital to expand manufacturing capacity to meet a rapidly increase in product demand. The company maintains a low risk profile by applying methodologies for sustainable development standards, market diversification, well-managed government contracts and astute financial management.
Nantong Dredging Machinery intends to continue to grow to meet regional needs while looking for new market opportunities in China and global export.
Market Value $6,203,540 a/o Feb 07, 2014
Shares Outstanding: 11,077,750 a/o Aug 12, 2013
Float: 2,917,750
Restricted: 8,160,000
Authorized Shares: 140,000,000 a/o Sep 30, 2012
Astika Holdings, Inc. (OTCQB: ASKH)
INVESTOR RELATIONS CONTACT: Mark Richards, Director
Email: info@nantongventures.com Tel: 64 9 889 3327
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. Mr. Richards, who will also hold the title of Chief Executive Officer, in conjunction with 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 eventually position the Company for an up-listing to another market, possibly NASDAQ, once the Company meets the financial status and market share price for up-listing qualification. Under the contemplated transactions for the acquisition of service, agriculture and industrial companies to compliment and grow Astika Holdings, Inc.'s business, the Company intends to deliver common shares to achieve the contemplated transactions. The Company has begun the process of integrating management and moving its headquarters to Grey Lynn, Auckland, New Zealand.
Bio: Mark W Richards - ASKH - Mr Richards is a Registered Chartered Accountant in Public Practice (CA PP) since 31 July 1991. He has been a Partner in Practices since that date commencing with Cox Arcus & Co, and progressing through to Cleaver Richards a medium size practice in Ponsonby, Auckland, providing Accounting and Taxation advice to a broad range of SME clients. Since 1 March 2011 he formed a Consultancy based practice in Auckland to attend to the strategic management of clients and their businesses. The Practice is responsible for assisting clients from overseas business ventures with the management of both the businesses and taxation structures to meet the requirements within New Zealand and resident jurisdictions for Countries including USA, Australia, Hong Kong, China, Thailand, Brunei, and the UK. Mr Richards is a director for over 40 companies and provides management and consulting services to assist with the growth and financial requirements of those companies. In 2008 Mr Richards began acting for a NZ resident entity responsible for the exportation of commodities for sale in China. Through this affiliation he has developed a working relationship with Prominent Chinese businessmen and has been engaged to assist them with the management of their affairs. Mr Richards has acted for Chemsafe Group from November 2006 to develop the strategically for the roll out of the SCR based products nationally in New Zealand and Australasia. From Mr Richards is also the
Director for Tribeca Homes a successful Property Development business focused on ensuring people retire with sufficient income to meet their needs. The model is low risk and will be introduced into Australia in 2014-2015. In 2010 Mr Richards assisted in the development of a Strategic Brand Marketing Company in Thailand to provide advice on Brands to large Thai Corporates. This involved the development of own brand products in Supermarket chains within Bangkok In 2013 Mr Richards assisted in the formation and marketing of a franchised Motorsport Team aimed at promoting client products in to the market place. He has also assisted with Companies in Oil Recovery, Transportation, Vehicle Sales, Product Design & Marketing, and Fashion.
Bio: Baohua Jiang - Chairman of the Board, Chief Executive Officer, President - Nantong Dredging - Mr. Jiang has served as Chairman of the Board, Chief Executive Officer, President since December 2013 on a full-time basis. Mr. Jiang was born August 19th, 1955 in the Nantong City, Jiangsu Province, China. From September 1998 until November 2013, Mr. Jiang served as president of Nantong Dredging Co. Ltd, a company engaged in machinery production of underwater dredging ships, grain seeders and cement construction tools. In the area of his achievement for the company, Mr. Jiang has acquired 7 patent licensing, 1 invention patent, 1 high-tech product of Jiangsu Province, 2 Technology Improvement Award of Ministry of Water Resources, 2 agriculture products promoted by Jiangsu Province and 1 product under government subsidy in terms of special techniques in underwater dredging, extreme high accuracy in grain seeders, transmission mechanism in grain seeders, grain seeders that can be attached to tractors, special cement construction tools for dark drains. Mr. Jiang also served as the legal person of Nantong Dredging Co. Ltd. Personally, he owns titles of "Great Investors of Jiangsu Province, China", "Contributive Engineer of Nantong City", "High-technique Talent of Nantong City" and "Chief Engineer of Nantong City". We believe that Mr. Jiang should serve as a member of our board of directors due to his extensive mechanical engineering experience, large social network of suppliers and buyers around China and prior 15 years of management experience serving as a president of a well-known local machinery company. We believe that Mr. Jiang will utilize his extensive experience and strong social network to expand our machinery business in terms of the "Grain Seeder with High Accuracy", targeting in the market of large rural areas of China and ultimately take this high-technology driven product to the international market.
