Item 5.06 Change in Shell Company Status.
Eventiko Inc. (the "Company", "we", "us" "our") is focused on operating an event
organizing business through https://eventikoinc.com/ (the "Website") principally
in Thailand and Cambodia.
Eventiko Inc. entered into Website Development Agreement for the development of
ready website on November 01, 2022. The Website was developed on December 01,
2022. The Website advertises all company services for individuals or companies
interested in organizing different kind of events. By the help of our website we
began taking orders from the customers and generating the Companies first
revenues. The Company has organized the events for five clients already and have
several more in the pipeline. Additionally we have entered into Event
Cooperation Agreement with Gold-FX Investment. CO, LTD where Eventiko Inc. would
provide event organizational and promotion services to the Client. Our marketing
and sales activities are very active. Based on the forgoing information, we
believe that we are no longer a "shell company," as such term is defined in Rule
12b-2 under the Securities Exchange Act of 1934, as amended.
Services
Our current services will focus on birthday parties, corporate events, fashion
events, parties, exhibitions, festivals and ceremonies in Thailand and Cambodia
depend on client's requires. We will plan and manage the events as per the
budget, established date, site and event type (like corporate events, fashion
shows, ceremonies, parties, etc.). Firstly we will discuss all the details with
our potential customers. After that we will make researches according to
client's needs and budget. Then will provide the variants depending on the most
important aspects in organizing of events.
Strategy
Our strategy is to target the small to medium-sized companies as well as the
individuals that are interested in organizing different kinds of event.
Competitive Conditions
Most of our competitors have substantially greater financial, technical and
marketing resources, larger customer bases, longer operating histories, greater
name recognition and more established relationships in the industry than we
have. As a result, certain of these competitors may be able to adopt more
aggressive pricing policies that could hinder our ability to market our
services. We believe that our key competitive advantages are our ability to
deliver reliable, high quality services in a cost-effective manner. We cannot
provide assurances, however, that these advantages will enable us to succeed
against comparable service offerings from our competitors
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