Letter From ITNS's CEO on Company Update and Direction
Posted 12:01:00 10/04/2011 by Admin
IRVINE, CA - (Marketwire) 10/04/11 Itonis, Inc. (PINKSHEETS: ITNS) today issued the following letter to shareholders:
On behalf of our Board of Directors and Company Officers, thank you for your investment in Itonis, Inc.
This is my first letter to shareholders since becoming CEO late last year. This letter is to provide an update on what we've been doing and where we're heading.
A lot of work has been going on behind the scenes. This year alone, we've brought in a new Executive Management team, relocated our headquarter offices to Orange County, CA, developed a company website, developed a new logo, announced new vision and company goals, started a Twitter and a Facebook page, and announced OTC current status.
The company officers and myself have been working very hard to bring value to you, our shareholders. We're excited and our future has never looked brighter.
We recently hired a Media Consultant to help promote awareness and attract new investor interest. Our goal to be a fully reporting company is closer than ever, and steps are now in place to make that a reality. We've been busy exploring new businesses to bring into our portfolio.
Our objective has always been to acquire new businesses with a high-growth potential. The effort to find companies of such caliber has dominated our work at Itonis. Our research has turned our direction towards the scientific technology sector. In particular, we plan to bring revolutionary technology into the Itonis portfolio, and we are close to announcing a deal with one such company. Their technology brings new scientific methods to decrease cost and increase efficiency in numerous industries. They have the potential to change the unnamed industry processes in a manner never experienced before.
I'm very encouraged by our team's efforts and I'm confident that we're on the right path. We are building the right foundation for solid future growth. Stay tuned for details and exciting announcements in the months ahead.
Once again, thank you for your continuing support of Itonis. I look forward to a very exciting year ahead!
About Itonis, Inc.
Itonis, Inc. was incorporated on July 5, 2005 originally under the name of Kenshou, Inc., and it now operates as a holding company and is undergoing a transformation in 2011 to embark upon an aggressive plan to acquire high growth entrepreneurial companies that have established or are expected to establish themselves as leaders and/or successful enterprises in various market niches.
Notice Regarding Forward-Looking Statements
Statements in this press release that are not historical facts are forward-looking
statements, including statements regarding future revenues and sales projections,
plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
Source: Marketwire (October 4, 2011 - 11:00 AM EDT)
Stock Quote - ITNS
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