The Jailhouse

[Mr Wowza]

TALK huge merger full DD

September 28, 2015 TALK announced to Acquire United Mobile Solutions Corp., Wireless Equipment Distributor & Technology Services Provider

UMS, with $16 million in annual revenue, is a value added master dealer distributor, dedicated wireless equipment distributor and service provider with a device distribution network of sub-dealers – including kiosks, stores and franchised outlets. Through its value added approach, UMS's sub-dealer network has quickly expanded to over 1,600 outlets across the Southeastern United States. UMS's services include streamlined inventory management; back-end expertise to ensure and manage quality control fulfillment and reverse logistics operations dealership management; and simplified wireless payment processing enablement services to the wireless industry and a wide inventory of cellular phones with immediate availability.

UMS is a holding company with several subsidiaries:, International Touch Point, LLC ("ITP"), United Prepaid, LLC ("United Prepaid") and United Mobile Solutions, LLC d/b/a CPD MOBILE. ITP was formed in 2014 to provide refurbishment and quality control operation in Dallas, TX. Refurbishment offers the opportunity to develop gross margins in excess of 30%, while providing an additional inventory flow for UMS and its family of companies. ITP is able to handle simple projects from cosmetic refurbishment all the way to the complex level 3 circuit board repairs in large volumes. United Prepaid was formed in 2006 as an exclusive distributor of prepaid cellular phones and airtime in the state of South Carolina for a mobile virtual network operator. With an aptitude to capitalize the existing reseller network, the business soon evolved into a dealer services business model where the company began to enable retailers to accept cellular prepaid payments through a dedicated terminal system. In less than three short years, the business grew to over 900 active locations, grossing $30 million annually. United Prepaid still supports the customers in this network. The active relationships through the dedicated terminal systems positions the company to quickly deploy new services and give access to thousands of locations both directly and indirectly.

David F. Levy, iTalk's Chief Executive Officer, stated: "The UMS acquisition will give iTalk the ability to expand the iTalk products family into the full wireless segment, such as our subsidiary WQN's global calling services, along with our data wireless devices, by integrating them with UMS's strong marketing and distribution services network. We plan to execute an aggressive growth strategy to leverage their product offerings, customer base and backend process capabilities with our cutting edge smartphone apps and VoIP technologies. This will provide WQN the opportunity to acquire new customers and maximize potential revenue."

Mr. Levy concluded, "David Lee, President of UMS, is a business leader that brings extensive leadership and expertize in the wireless technology, marketing and services to iTalk. He will continue in his role as President of UMS, overseeing the overall management and growth of iTalk. The iTalk team and I personally look forward to working closely with him and his team to further build shareholder value."

Mr. Lee stated, "David Levy's leadership as CEO is valuable as he will guide the organization through the corporate strategies available to us, as we continue to execute on our aggressive growth plans. David Levy adds a valuable perspective to UMS's management team by bringing years of corporate leadership and we look forward to the partnership in becoming an industry leader in the technology driven wireless industry. Mr. Levy's experience in the industry will be valuable as we innovate the offerings the combined companies will be able to provide to the mobile marketplace."

Oct 13, 2015 TALK filled 8K and that makes everything official


http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10951701

10/11/15 TALK's IR confirmed that this merger really happening and soon to be completed




10/14/15 UMS financial person Lidar (678-585-6413) she stated "yes we are aware ok the 8k Merger\Acquisition with ITalk Inc and in the process of completing or finalizing the merger \acquisition"

About United Mobile Solutions Corp /UMS/

Attention: UMS had revenue $17,000,000 in 2013 and $16,000,000 in 2014 which makes this merger huge!!

United Mobile Solutions Corp web site:

http://unitedmobilesolutions.com/

UMS was formed in 2009 to act as Master Dealer for T-Mobile Wireless, and create a distribution network of sub dealers – including kiosks, stores, and franchised outlets. The distribution network quickly expanded to over 1,600 independent outlets in the USA, when UMS began to distribute mobile phones in 2010. Company growth has led to new service areas including payment processing, enterprise sales to regional carriers, reverse logistics operations and nationwide sales.

UMS provides the latest smart phone technology to a niche market that demands the features of the latest mobile equipment at affordable prices, and no-contract phone service deals. After several years and more than a million units sold, UMS has expanded its distribution capabilities across the country.

Building on this business acumen, UMS franchised an exclusively-branded stand-alone wireless store option, offering the solution as a “store in a box” with no franchise fees and low start-up costs. Since then, UMS has helped entrepreneurs launch stores throughout the South and Western United States.

Took my attention these acquisitions: UMS has acquired surface mount and technology repair company Daewon Teletech, and T-Mobile Master Dealer RU Wireless.

T-Mobile Master Dealer RU Wireless
https://ruwireless.rutgers.edu/


RUWireless provides the Rutgers University community with wireless network access in many areas of all three Rutgers University campuses. All the University students, faculty, staff, as well as sponsored guests, are able to use the RUWireless system in the many community spaces, dorms, and departmental buildings where it is available. Separate registration is not required, only a valid NetID and password or a RUWireless Guest Account is needed for access.



NOW We know TALK is merging with company has serous revenue and growth, let's see some highlights about TALK itself


TALK's wireless Coverage Area


Very first TALK's Share Structure is small enough for trading pennies!!!

I confirmed Share Structure:
http://nvsos.gov/sosentitysearch/PrintCorp.aspx?lx8nvq=hNXFdiUFBAUr2SBDh%252bQ6BQ%253d%253d
Market Value1 $542,400 a/o Oct 16, 2015
Authorized Shares 500,000,000 a/o Mar 25, 2014
Outstanding Shares 1,808,001,287 a/o Aug 24, 2015

RDSH one of many example how merger plays are go from triple zero to pennies with even larger SS then TALK!!

TALK Website:

http://www.italkmobility.com/

Presentation:
http://www.italkmobility.com/content/docs/CLOUDTALK_CORE_SYSTEMS_ROUTER.pdf



iTalk
iTalk, with its innovative technology, is spearheading a wireless revolution to lower communications costs and has targeted the $40 billion iPod accessory market and the $340 billion global cellular market. iTalk is combining the power of the internet and its proprietary technology to integrate nationwide connectivity and global communications into the iPod touch. iTalk’s low cost, no contract service will disrupt traditional wireless carriers by displacing antiquated technology requiring expensive cell phone plans and contracts. The increased power of today's handheld electronics has enabled iTalk to create innovations in cellular communications by integrating VoIP technology into mobile devices.

If you see TALK products you will see why merging with UMS!! Perfect marriage in wireless space!!!

http://www.italkmobility.com/products

iData Personal - Hotspot


Features & Benefits

One Touch Connectivity One Touch Connectivity
Connect up to 5 Devices at Once Connect Multiple
WiFi Devices
Up to 40 Hours of Standby Time Up to 40 Hours of Standby Time
Password Protected Connection Password Protected Connection
No Contract, No Credit Checks, No Hidden Fees, No Activation Fees, No Deposits.

The iData Personal Hotspot provides high speed mobile broadband Internet access with coverage to 280 million people in over 12,900 cities nationwide. iTalk offers high-speed, affordable Internet on the go to consumers using a PC, MAC, or any WIFI enabled device such as an iPad, tablet, smartphone or netbook. iTalk offers a 2GB data plans for just $29.99 per month and no contract. The iTalk Mobile Hotspot can connect WiFi-enabled devices simultaneously.

iData Service - Dell Inspiron Mini


iData Tablet - Samsung Galaxy Tablet




Mission Statement
Create a financially self-sustainable company through organic growth and strategic acquisitions. iTalk will make acquisitions to accelerate growth by identifying and then acquiring well-managed companies with strong customer bases and solid financials. These strategic acquisitions will enable iTalk to grow rapidly, and allow it to market its innovative products and services to the newly acquired customers. iTalk fully expects to market its products to the 200 million users that have recently purchased iPod's, iPad's and iPhones. iTalk is spearheading a wireless revolution to lower consumer's monthly cellular and internet bills. iTalk's long-term strategies and short-term actions are molded by a set of core values that are shared by each employee. iTalk will deliver operational excellence in order to meet and exceed its commitments to both its customers and its shareholders.

iTalk is guided by the relentless focus on five imperatives and will constantly strive to implement the critical initiatives to achieve their vision.

Continuously develop and acquire new products in order to grow rapidly and to fulfill our customers' needs.

Grow organically through direct online sales, and through the development of wholesale distribution, both domestically and globally.

Make strategic acquisitions and market to the newly acquired customer base to accelerate our growth.

Make our customer the top priority, through great service, affordable prices, innovative products and services and accessible customer support.

Deliver maximum shareholder value and avoid shareholder dilution.

Conclusion:

I believe we have very spacial merger play in our hands from ground level!!

Mr.Wowza