iTeknik Holding Corporation (OTCPK:ITKH) signed a non-binding letter of intent to acquire NSync Services, Inc. on September 21, 2015. The purchase consideration comprises a combination of cash and stock. The transaction is subject to due diligence, definitive agreements and iTeknik securing new investment on or before the closing of the intended transaction. iTeknik Holding Corporation (OTCPK:ITKH) cancelled the acquisition of NSync Services, Inc. on September 21, 2016.