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Itokk, Inc.
Symbol:  IKTO


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Business Summary: Itokk, Inc. offers telephony solutions for consumers and businesses. It has acquired a license to use, sell, market, distribute and/or sublicense various products and services, including the Npoints Framework, an application programming interface, and certain VOIP applications.
 
Address
  440 North Wolfe Road
  Sunnyvale , CA 94085
  Phone: 408-419-1719
  Website: http://www.itokk.com
Auditor
  Michael T. Studer
, New York
Transfer Agent
  Island Stock Transfer
Employees:  4
ShareHolders:  17
Founded:  2003
Domicile:  Nevada
 
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Itokk, Inc.
Symbol:  IKTO


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Itokk, Inc., in the development stage as of Sept. 30, 2009, offers telephony solutions for consumers and businesses. On Oct. 28, 2009, Itokk completed the acquisition of a license to use, sell, market, distribute and/or sublicense various products and services owned by Packetera Communications Inc. These products consist of the Npoints Framework, an application programming interface; and click-to-talk and mobile voice-over-Internet protocol (VOIP) applications under the trade names itokk.com, itokk.mobi and Itokk wireless. The company also acquired the licensing rights to various products that Packetera is developing, including Softphone products under the trade name itokksoft.com, which will allow users to make voice and video calls over the Internet; virtual calling card products; and social VOIP for web communities. The Npoints Framework is an application programming interface (API) that allows a customer to utilize VOIP for voice and video communications. Resellers can install the Npoints Framework in order to provide their customers with access to VOIP technology and related Itokk products, namely click-to-talk and Itokk wireless applications. In order to add value to the Npoints Framework, Itokk has developed additional products that customers using their platform can utilize: click-to-talk and Itokk wireless. Click-to-talk allows owners to install a button on their websites for communications with customers. When someone accesses a business website and wants to speak directly with a representative of the company, he or she clicks on a button on the webpage and Itokk connects the customer to the business by VOIP. Itokk wireless allows cellular phone users to make outgoing calls without incurring charges from their cellular phone service provider. In order to use the feature, a mobile phone caller dials the number of the intended call recipient using Itokk software. Itokk then contacts the caller's cellular phone and connects the caller with the recipient through its VOIP network. As a result, all outgoing calls are received as incoming, which typically avoids any charges on most cellular phone plans. Itokk offers pay-as-you-go and minute purchase plans for its wireless VOIP product with prices that vary depending on expected use. Packetera's products in development include the Softphone suite, virtual calling call products and social VOIP. Pursuant to the company's licensing agreement with Packetera, Itokk's license will extend to all future telecommunications products and services that Packetera develops.
History:  INCORPORATED in Nevada Sept. 19, 2003, as Shadow Marketing Inc.; name changed to Itokk, Inc. Oct. 5, 2009.
 
Subsidiaries:
Itokk Communications, Inc.
 
 
 
 
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Itokk, Inc.
Symbol:  IKTO


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Management
OfficersPosition
 Kevin  PenstockSecretary, Treasurer & Chief Executive Officer
 Angelo  SoukasPresident
 Angelo  SoukasInvestor Relations Contact

Directors
 Ioannis  Karamitsos
 Kevin  Penstock
 
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Itokk, Inc.
Symbol:  IKTO


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Capitalization as of 09/30/2009:
 
 Authorized SharesOutstanding Shares
Preferred $0.001 par1,000,000None
Common $0.001 par200,000,00059,882,500
 
LONG TERM DEBT: None. NOTE: The above Capitalization reflects an 8.5-for-1 split of the Common stock, the acquisition of a license, and the cancellation of certain Common shares, all on Oct. 28, 2009.
 
Common $0.001 par
 
Stockholders:  09/09/2009, 17.
PRINCIPAL STOCKHOLDERS: October 28, 2009, Kevin Penstock owned 51.1% of the Common.
 
Transfer Agent:  Island Stock Transfer   St. Petersburg , FL
 
OTC Bulletin Board( Primary): IKTO
 
ExchangeYearHighLow
OTC Bulletin Board20090.62000.2000
 
DIVIDENDS: Common $0.001 par: No cash. Common split 8.5-for-1, Oct. 28, 2009. Common $0.001 par was split 17-for-2, ex-Oct. 28, 2009.
 
 
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Itokk, Inc.
Symbol:  IKTO


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Annual Report
 
Income Statement
  20092008
General & Admin. exps.1421
Net income(14)(21)
Share earns. basicNilNil
Share earns. dilutedNilNil
Avge. com. shs. (Thou.)7,4457,445
 
Balance Sheet
  20092008
Assets:
Cash & equiv.Nil1
Tot. curr assetsNil1
Total assetsNil1
Liabilities:
Accts. pay. & accruals1313
Due to related party4330
Tot. curr. liabs.5643
Com. stk. 77
Paid-in cap.1717
Retained earns.(80)(67)
Total liabs. and equityNil1
Common Shares7,4457,445
 
 * On September 14, 2009, the Company entered into a licensing agreement with Packetera Communications Inc. whereby the Company agreed to issue 30,600,000 post forward-split shares of their common stock in exchange for Packetera granting to the Company an exclusive worldwide 75 year license to use, sell, market, distribute and sublicense various products and services owned by Packetera. The acquisition was effective on October 28, 2009 and the results of the transaction have been presented in the pro forma balance sheet.
 
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Itokk, Inc.
Symbol:  IKTO


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Interim Report    07/01/2009  -  09/30/2009
 
Income Statement
  2009
General & Admin. exps.12
Net income(12)
Share earns. basicNil
Share earns. dilutedNil
Avge. com. shs. (Thou.)7,445
 
Balance Sheet
  2009
Assets:
Cash & equiv.3
Tot. curr assets3
Total assets3
Liabilities:
Accts. pay. & accruals7
Due to related party64
Tot. curr. liabs.71
Com. stk. 7
Paid-in cap.17
Retained earns.(92)
Total liabs. and equity3
Common Shares7,445
 
 * On September 14, 2009, the Company entered into a licensing agreement with Packetera Communications Inc. whereby the Company agreed to issue 30,600,000 post forward-split shares of their common stock in exchange for Packetera granting to the Company an exclusive worldwide 75 year license to use, sell, market, distribute and sublicense various products and services owned by Packetera. The acquisition was effective on October 28, 2009 and the results of the transaction have been presented in the pro forma balance sheet.
 
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Itokk, Inc.
Symbol:  IKTO


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Pro Forma Report   
 
Data Not Available
 
 
 
 
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Itokk, Inc.
Symbol:  IKTO


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Quarterly Report Information   
 
Quarterly Revenue, US$
YearQuarterRevenue
  2010   1Nil
  2009   Full Year Nil
 
 
Quarterly Net Income, US$
YearQuarterRevenue
  2010   1Nil
 
 
Quarterly EPS, US$
YearQuarterRevenue
  2010   1Nil
 
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