iTeknik Holding Corporation announced that on June 8, 2015, iTeknik completed a Stock Purchase Agreement with Growthcap Investments Inc. Growthcap will acquire up to 30% ownership of iTeknik Holding Corporation stock based on the achievement of certain performance targets. As part of the transaction, Mr. John McQuillan, Chief Financial Officer of Growthcap Investments was appointed a Director and a member of the iTeknik Board of Directors. On May 28, 2015, Jeffrey Lauzon resigned as iTeknik's President and a member of the Board of Directors as part of a stock swap agreement.