Astika Holdings, Inc. Positions the Company’s Green Future
2014年3月19日 - 7:03AM
ビジネスワイヤ(英語)
Astika Holdings, Inc. (the "Company") (OTCQB: ASKH) a strategic
acquisition company of service, agriculture and industrial
companies from the Nantong Region in China announced yesterday that
it is entering into the Industrial Hemp sector through partnerships
with current leaseholders with the goal of acquiring operating
facilities to begin its own facilities in Asia and New Zealand with
the launch of Nantong HZ Hemp Co. Ltd.
Due to the positive response to Astika’s entrance into the
Industrial Hemp sector to grow the Company’s agriculture
initiatives and revenues, Mark Richards, the director for Astika
Holdings commented, “the Hemp initiative runs parallel with
Astika’s "Green Future" objectives with the Nantong Grain Seeder of
High Accuracy which meets the requirement of agriculture
modernization in China, performs a multi-function agriculture
process which reduces the utilization of tractors, lowers the
associated costs, increases the yield, uses less fertilization,
decreases pollution and protects the environment."
Hemp requires little to no pesticides, no herbicides, controls
erosion of the topsoil, produces oxygen and can be used to replace
many potentially harmful products, such as tree paper (the
processing of which uses chlorine bleach, which results in the
waste product polychlorinated dioxins, which are carcinogenic, and
contribute to deforestation, cosmetics, and plastics, most of which
are petroleum-based and do not decompose easily. Hemp produces 4
times the raw material than trees for paper making and can be
planted between 1-3 times a season, depending on location, be
recycled up to 10 times, compared to 3 or 4 times for wood pulp
paper. The same hemp fiber products from a hemp harvest provides
raw-materials for products such as, paper, textiles, building
materials, industrial materials, foods, cosmetics and a host of
other sustainable Green products.
With China as the single largest supplier of US imports of raw
and processed hemp fiber, Astika focused its agriculture plans in
the high-profile Industrial Hemp sector in China and New Zealand
where the opportunity is available to generate revenues. The 2012
Annual Retail Sales for Hemp Report, estimates the total US retail
value of hemp products in 2012 was nearly $500 million (The Hemp
Industries Association or "HIA"). Astika believes that China will
continue to have influence on Hemp market prices, year-to-year
profits of producers and processors in other countries.
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. Astika Holdings is in the
process of making the necessary filings in Form 8-Ks, which will be
filed on the US SEC EDGAR system providing the specifics of
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. (OTCQB: ASKH)
(http://nantongventures.com)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. Astika Holdings is focused on the Nantong
region of China and is positioning to negotiate with growth
companies from the Nantong region. Nantong is known as a "Pearl of
the River and Sea," ideally situated near the mouth of the Yangtze
river with a rich and diverse history dating back to the Chinese
Han Dynasty. Inhabitants first lived in the region 5,000 years ago
because of its abundant natural resources and access to the Yangtze
river. Nantong has a national reputation of "the First Window on
the Yangtze River" and is one of the China's prized national
tourist centers. As the centerpiece in the Yangtze Delta Economic
Zone, Nantong has enjoyed rapid economic growth and increasing
foreign investments. The city is listed on the China's Top 100
Counties (county-level cities) for its strong economy. Nantong is
one of China's first fourteen coastal cities open to international
trade. Nantong is poised for accelerated economic growth with new
bridges over the Yangtze River connecting the Nantong region to the
Shanghai metropolitan region. With the development of the Rudong
Yangkou Harbor Nantong offers the only natural deep water harbor in
central China's coast with access to China's largest markets.
Nantong's rich history of economic prosperity and growth converge
with national modernization continue to make Nantong a major center
for economic development in China. Astika Holdings intends to be a
high growth company 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.
INVESTOR RELATIONS CONTACTASTIKA HOLDINGS, INC.Contact: Mark
Richards, DirectorEmail: info@nantongventures.comTel: 64 9 889
3327
Astika Holdings, Inc.Mark Richards, 64 9 889
3327Directorinfo@nantongventures.com
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