Dallas 12/12/2011 9:47:39 PM
News / Stocks

PennyTrader.com Initiates Coverage Itonis, Inc.'s (PINK: ITNS)

PennyTrader.com, announced today that it has initiated Profile Coverage of Itonis, Inc.'s (PINK: ITNS) on its exclusive penny stock alert service.

Itonis, Inc. is an Orange County, California based holding company. They were established in 2005 and are currently undergoing a company-wide transformation in 2011 to embark upon an aggressive acquisition plan to purchase high growth entrepreneurial companies that have established themselves, or are expected to establish themselves as leaders in various market niches.

The company has relocated its headquarter offices to Orange County, CA in order to invigorate its operations and to implement company growth plans. A newly formed executive management team has been put in place, along with the appointment of a new board of directors. The transition is well underway.

The incoming management team brings decades of experience as successful business leaders and entrepreneurs who are dedicated to the planned vision of acquiring small companies with high growth potential. The executive team and its board of directors are well positioned to steer the company into a profitable future, and 2011 is expected to be the first of many exciting and successful years to come.

Portfolio

With the acquisition of Paramount Discoveries on November 4th, 2011, Itonis Holdings is executing its new business direction. The technology behind Paramount Discoveries, Inc. (“PDI”) has demonstrated high-revenue potential through its discovery of electro-magnetic frequency technologies that enable unprecedented processes through the ability to magnetize carbon, salt, and silver. The Company acquired PDI through a share exchange arrangement without incurring any financing debt. The Company continues to seek out and acquire other high growth businesses to deliver returns to shareholders by seeking out and acquiring additional profit opportunities with minimal debt requirements.

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