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TALK got owned by UMS & Lee
iTalk merged with UMS not UMS llc now Dea is acquiring UMS llc bringing it a little closer to home
The master-dealer function is being phased out due to red ink
equity interest is $100k it's an indirect subsidiary with merely a master-dealer function which was unsustainable
The master-dealer commission goes to UMS but the rest will go to iTalk from the looks of it.
In my research I discovered these new entities and by reading the Moin Settlement it is obvious what the arrangement will be
Italk Lease Mgmt
Phone: (806) 785 1333
6002 Slide Rd
LubbockTX79414-4310
http://usplaces.com/others/lubbock-tx/italk-lease-mgmt
Italk Lease Managment LLC
864-715-0447
220 Hillcrest Dr Laurens, SC 29360-2342
http://www.whitepages.com/business/italk-lease-managment-llc-laurens-sc
Italk Lease Management Llc
Phone: (828) 513 1930
671 Spartanburg Hwy
Hendersonville Henderson, NC 28792-5762
http://usplaces.com/others/hendersonville-nc/italk-lease-management-llc
ITALK LEASE MANAGEMENT LLC Principals
M, G, R, M Italk Inc
Address 100 E LINTON BOULEVARD, SUITE 111, DELRAY BEACH, FL, 33483
https://florida.intercreditreport.com/company/italk-lease-management-llc-l16000118869
ITALK LEASE MGMT,LLC
10/07/16
2502 S BELT LINE RD #300
(770) 807-7735
6140-A NORTHBELT PKWY NORCROSS GA 30071
http://apps.gptx.org/GPTX/EconomicDevelopment/co_temp/COccupancy.aspx?ResultsGrid-page=5
The 33 stores are obviously being assumed by iTalk
5 New iTalk Lease Management Offices
Italk Lease Mgmt
Phone: (806) 785 1333
6002 Slide Rd
LubbockTX79414-4310
http://usplaces.com/others/lubbock-tx/italk-lease-mgmt
Italk Lease Managment LLC
864-715-0447
220 Hillcrest Dr Laurens, SC 29360-2342
http://www.whitepages.com/business/italk-lease-managment-llc-laurens-sc
Italk Lease Management Llc
Phone: (828) 513 1930
671 Spartanburg Hwy
Hendersonville Henderson, NC 28792-5762
http://usplaces.com/others/hendersonville-nc/italk-lease-management-llc
ITALK LEASE MANAGEMENT LLC Principals
M, G, R, M Italk Inc
Address 100 E LINTON BOULEVARD, SUITE 111, DELRAY BEACH, FL, 33483
https://florida.intercreditreport.com/company/italk-lease-management-llc-l16000118869
ITALK LEASE MGMT,LLC
10/07/16
2502 S BELT LINE RD #300
(770) 807-7735
6140-A NORTHBELT PKWY NORCROSS GA 30071
http://apps.gptx.org/GPTX/EconomicDevelopment/co_temp/COccupancy.aspx?ResultsGrid-page=5
We haven't seen the filings. TALK added 23 new stores:
https://www.facebook.com/ITalk-Inc-705024169629756/?fref=ts
UMS owns iTalk and UMS is growing so technically draw your conclusion
another grinch xmas thx to NITE but we won't stop singing 'bout iTalk and the billions in revenue soon to be filed
Check under the bed that's where I put mine
Gag order is probably what NITE placed on some frivolous suit against TALK
massively
Even after the news, filings, & audits, NITE won't let iTalk go up
UMS LLC is only $100k why all the fuss?
Dude, UMS is only worth 100k what's the biggie?
We don't know until SEC filings come.
NITE will dump a huge sum at the open. Longs need to stand ready to support the PPS. If history is any kind of teaher we all know that it's time for a bloody battle as it is every time any kind of news is released.
GLTA TALKers!
I wouldn't assume TALK is not involved when Lee is iTalk's president. TALK is and will assume the stores to keep them in the iTalk family. In fact, TALK has started iTalk Lease Management in 5 states to take over the stores.
Some nice crumbs falling off the table. 1600 stores, 33, or just a few, it really doesn't matter to me. But I do tend to think positive about iTalk's ticker being the real prize...
TALK is Sub-Dealer to UMS the Master-Dealer just have a look at the Moin Settlement. Perhaps why its called a reverse merger?
pwned
Let's ask the Scrooge. He won't eat it he hates everything.
TALK could become UMS's sub-dealer as in the Moin settlement and UMS remains master dealer.
It helps to have the proper link:
https://www.law.cornell.edu/uscode/text/11/chapter-11
Good point and iTalk pays Lee $150,000/yr to drive it
Someone lied about Levy being in jail. I recall that being posted repeatedly at $0.0001
NITE has little helpers to drive prices down, TALK's included
100,000 preferred was given to Lee for nada? I personally don't feel like I'm getting the shaft. There is nothing but NITE to contend with here...
100,000 preferred was given to Lee for nada?
iTalk Lease Management in 5 states are probably serving the 333 stores
The reorganization plan may be tomorrow. There is no law that says it can't be filed early. iTalk airlines is ready for departure
The plan will be something amazing and everyone will agree with TALK. That maybe, just perhaps Christmas isn't something you buy in a store. Perhaps Christmas means a little bit more...
Every Who down in Whoville liked Christmas a lot, but the Grinch... who lived just north of Whoville... did not.
The Grinch hated Christmas — the whole Christmas season.
Oh, please don't ask why, no one quite knows the reason.
It could be, perhaps, that his shoes were too tight.
It could be his head wasn't screwed on just right.
But I think that the most likely reason of all... may have been that his heart was 2 sizes too small.
In 6 days we'll see about that theory
Estimated Sales equals $50,000,000
UMS stated 20 stores in ch.11 documents with sales of more than a million per month. Adding iTalk's 20 new stores posted on Facebook equals approximately $50,000,000 in annual revenues.
Price/Sales Ratio Math for iTalk
Net Sales per share is Total sales divided by number of shares
Divide $50,000,000(revs) / 1.875bil(shares) = .027(net sales per share)
P/S Ratio is Share Price divided by Net Sales per Share
as of 12/10/2016 $0.0005/$0.027=0.0185
P/S = Investors pay $0.0185 for every $1.00 in sales = 0.0185:1
http://www.investopedia.com/university/ratios/investment-valuation/ratio6.asp?o=40186&l=dir&qsrc=1&qo=serpSearchTopBox&ap=investopedia.com
Check out the sector comparison
https://screener.finance.yahoo.com/b?sc=840&pe=1/&pr=1/&mc=25000/&ps=0/&b=1&z=ps&db=stocks&vw=1
Why iTalk is Not Delinquent or Dark Filer
Uplisting does require a quiet period and I do recall verbiage related to such. iTALK could be in a quiet period.
What is the S-1 Quiet Period?
The S-1 “Quiet Period,” starts when a company files an S-1 Registration Statement with the SEC and ends when the SEC staff declares the S-1 “Effective.”
http://otclawyers.com/page/5/
iTalk inc. has fewer than 500 shareholders of record of the class of securities offered and less than $10 million in total assets for each of its last three fiscal years therefore its filing obligations are suspended. I assume TALK has been filing on a voluntary basis for years.
https://www.sec.gov/info/smallbus/qasbsec.htm#disclosure
Section 108. Form 15
Question 108.01
Question: Section 15(d) of the Exchange Act provides an automatic suspension of the periodic reporting obligation as to any fiscal year (except for the fiscal year in which the registration statement became effective) if an issuer has fewer than 300 security holders of record at the beginning of such fiscal year. In contrast, Rule 12h-3 permits a company to suspend its reporting obligation under Section 15(d) if the requirements of the rule are met at any time during the fiscal year. Is a Form 15 required to be filed under Rule 12h-3 as a condition of the suspension?
Answer: Because situations exempted by Rule 12h-3 (e.g., there are fewer than 300 security holders of record in the middle of a fiscal year) do not meet the literal test of Section 15(d), Rule 12h-3 requires the filing of Form 15 as a condition of the suspension. By contrast, under Rule 15d-6, if an issuer has fewer than 300 security holders of record at the beginning of the fiscal year, a Form 15 should be filed to notify the Commission of such suspension, but the suspension is granted by statute and is not contingent on filing the Form 15. [September 30, 2008]
https://www.sec.gov/divisions/corpfin/guidance/exchangeactforms-interps.htm
5 New iTalk Lease Management Offices
Italk Lease Mgmt
Phone: (806) 785 1333
6002 Slide Rd
LubbockTX79414-4310
http://usplaces.com/others/lubbock-tx/italk-lease-mgmt
Italk Lease Managment LLC
864-715-0447
220 Hillcrest Dr Laurens, SC 29360-2342
http://www.whitepages.com/business/italk-lease-managment-llc-laurens-sc
Italk Lease Management Llc
Phone: (828) 513 1930
671 Spartanburg Hwy
Hendersonville Henderson, NC 28792-5762
http://usplaces.com/others/hendersonville-nc/italk-lease-management-llc
ITALK LEASE MANAGEMENT LLC Principals
M, G, R, M Italk Inc
Address 100 E LINTON BOULEVARD, SUITE 111, DELRAY BEACH, FL, 33483
https://florida.intercreditreport.com/company/italk-lease-management-llc-l16000118869
ITALK LEASE MGMT,LLC
10/07/16
2502 S BELT LINE RD #300
(770) 807-7735
6140-A NORTHBELT PKWY NORCROSS GA 30071
http://apps.gptx.org/GPTX/EconomicDevelopment/co_temp/COccupancy.aspx?ResultsGrid-page=5
Core Internet Assets
http://www.italkmobility.com/home
http://cpdmobile.com/t-mobile
http://elephante.org/
http://unitedmobilesolutions.com/
Social Networks
https://www.facebook.com/ITalk-Inc-705024169629756/
https://www.facebook.com/shopcpdmobile/
https://twitter.com/italk_inc
https://twitter.com/cpdmobile
Smartphones Exponential Sales Growth
https://ronnie05.wordpress.com/2009/11/20/str4/
Why is the massive short interest. Watched it happen every day for a year
someone buys shares and dumps small amounts before the close at a loss
Estimated Sales equals $50,000,000
UMS stated 20 stores in ch.11 documents with sales of more than a million per month. Adding iTalk's 20 new stores posted on Facebook equals approximately $50,000,000 in annual revenues.
Price/Sales Ratio Math for iTalk
Net Sales per share is Total sales divided by number of shares
Divide $50,000,000(revs) / 1.875bil(shares) = .027(net sales per share)
P/S Ratio is Share Price divided by Net Sales per Share
as of 12/10/2016 $0.0005/$0.027=0.0185
P/S = Investors pay $0.0185 for every $1.00 in sales = 0.0185:1
http://www.investopedia.com/university/ratios/investment-valuation/ratio6.asp?o=40186&l=dir&qsrc=1&qo=serpSearchTopBox&ap=investopedia.com
Check out the sector comparison
https://screener.finance.yahoo.com/b?sc=840&pe=1/&pr=1/&mc=25000/&ps=0/&b=1&z=ps&db=stocks&vw=1
Why iTalk is Not Delinquent or Dark Filer
Uplisting does require a quiet period and I do recall verbiage related to such. iTALK could be in a quiet period.
What is the S-1 Quiet Period?
The S-1 “Quiet Period,” starts when a company files an S-1 Registration Statement with the SEC and ends when the SEC staff declares the S-1 “Effective.”
http://otclawyers.com/page/5/
iTalk inc. has fewer than 500 shareholders of record of the class of securities offered and less than $10 million in total assets for each of its last three fiscal years therefore its filing obligations are suspended. I assume TALK has been filing on a voluntary basis for years.
https://www.sec.gov/info/smallbus/qasbsec.htm#disclosure
Section 108. Form 15
Question 108.01
Question: Section 15(d) of the Exchange Act provides an automatic suspension of the periodic reporting obligation as to any fiscal year (except for the fiscal year in which the registration statement became effective) if an issuer has fewer than 300 security holders of record at the beginning of such fiscal year. In contrast, Rule 12h-3 permits a company to suspend its reporting obligation under Section 15(d) if the requirements of the rule are met at any time during the fiscal year. Is a Form 15 required to be filed under Rule 12h-3 as a condition of the suspension?
Answer: Because situations exempted by Rule 12h-3 (e.g., there are fewer than 300 security holders of record in the middle of a fiscal year) do not meet the literal test of Section 15(d), Rule 12h-3 requires the filing of Form 15 as a condition of the suspension. By contrast, under Rule 15d-6, if an issuer has fewer than 300 security holders of record at the beginning of the fiscal year, a Form 15 should be filed to notify the Commission of such suspension, but the suspension is granted by statute and is not contingent on filing the Form 15. [September 30, 2008]
https://www.sec.gov/divisions/corpfin/guidance/exchangeactforms-interps.htm
5 New iTalk Lease Management Offices
Italk Lease Mgmt
Phone: (806) 785 1333
6002 Slide Rd
LubbockTX79414-4310
http://usplaces.com/others/lubbock-tx/italk-lease-mgmt
Italk Lease Managment LLC
864-715-0447
220 Hillcrest Dr Laurens, SC 29360-2342
http://www.whitepages.com/business/italk-lease-managment-llc-laurens-sc
Italk Lease Management Llc
Phone: (828) 513 1930
671 Spartanburg Hwy
Hendersonville Henderson, NC 28792-5762
http://usplaces.com/others/hendersonville-nc/italk-lease-management-llc
ITALK LEASE MANAGEMENT LLC Principals
M, G, R, M Italk Inc
Address 100 E LINTON BOULEVARD, SUITE 111, DELRAY BEACH, FL, 33483
https://florida.intercreditreport.com/company/italk-lease-management-llc-l16000118869
ITALK LEASE MGMT,LLC
10/07/16
2502 S BELT LINE RD #300
(770) 807-7735
6140-A NORTHBELT PKWY NORCROSS GA 30071
http://apps.gptx.org/GPTX/EconomicDevelopment/co_temp/COccupancy.aspx?ResultsGrid-page=5
Core Internet Assets
http://www.italkmobility.com/home
http://cpdmobile.com/t-mobile
http://elephante.org/
http://unitedmobilesolutions.com/
Social Networks
https://www.facebook.com/ITalk-Inc-705024169629756/
https://www.facebook.com/shopcpdmobile/
https://twitter.com/italk_inc
https://twitter.com/cpdmobile
Smartphones Exponential Sales Growth
https://ronnie05.wordpress.com/2009/11/20/str4/