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Since September 2015 $$TALK$$ has done over 1 million dollars in common stock transaction.
Month = Dec-2015
Symbol = TALK
Issue Name = iTalk Inc. Common Stock
Market = Other OTC
Share Volume = 726,106,012
Dollar Volume ($) = 561,260
Closing Price ($) = 0.001
Month = Nov-2015
Symbol = TALK
Issue Name = iTalk Inc. Common Stock
Market = Other OTC
Share Volume = 500,529,351
Dollar Volume ($) = 107,392
Closing Price ($) = 0
Month = Oct-2015
Symbol = TALK
Issue Name = iTalk Inc. Common Stock
Market = Other OTC
Share Volume = 918,808,094
Dollar Volume ($) = 248,689
Closing Price ($) = 0
Month = Sept-2015
Symbol = TALK
Issue Name = iTalk Inc. Common Stock
Market = Other OTC
Share Volume = 1,164,086,670
Dollar Volume ($) = 237,293
Closing Price ($) = 0
http://otce.finra.org/MSTop100Issues
Good post 6311. You provide solid fundamental analysis that we all benefit from. I don't think a RS is coming, for I think the company will buyback shares.
Buyback is easier to help retain control of the company when you already own 85% of the AS. Away from this I am with you 100%.
I think merged TALK/UMS will list on OTCQX. The minimum PPS to list is .25 and it will surpass that easily once 8-K numbers is released.
.01
.1
or
$1.00
What does it matter? were moving UP and that so far is the consensus 95% of posters is agreeing on. super 8-K will provide indicating how far this will be going up.
Debate on where they're going to up list to also.
NASDAQ
OTCQX
Read the sticky, the numerous post, the filing, IR response and 8-K from September 28. DD on your part is what needs to be done!
There is way too much info posted on $$TALK$$ to ask such a question..
You should not worry yourself. The people who really know the deal/status of iTALK/UMS merger is patiently waiting for news.
The others who wants to flip / play games and what not - let them. In the end we know who's going sell for huge profits, or chase for what they can get. Shares are going into bigger and bigger hands every day with more patience.
My friend. I am not panicking at all. Read my post on TALK! Just conveying information to anyone else wishing to do so.
I am long and strong since last September with $$TALK$$. I am good to go!
None of my shares has gone into flippers hands. I know what I have.
If the SEC approves the name change then I will have to take a more serious look at PYCT or whatever the new company is called.
After ten years, two DTC, and close to 20 billion shares I think the SEC has to take a serious look before approving. So if they do approve the change I will have to think "they have a good reason for doing so"
Just my thought on this.
Phone number for SEC complaints...
The number for OTC complaints on issues like this is 240-386-5105
Beer money Friday!
If dumpage as you Claim. why not do so in larger chucks in order to
save on transaction fee. who would be silly enough to sell and make under 3 dollars per transaction?
Come on Ronin.. its MM manipulation.
Whom and which post are you replying to?
Not sure following fully understand your post. Can you expand your clarification on this?
For reason like this why FINRA will be forcing MM to be more transparent.
New rules will be coming into law this year. Will be interesting to see how they (Marker Makers) operate once in effect.
https://www.finra.org/newsroom/2015/statement-regarding-new-rule-enhance-otc-equities-transparency
We're in a stalemate and forcing MM to bid/whack TALK in order to scare people to sell. MM job is to make a market at any cost - that is how they make money.
BID 1,000,000 at .0012
ASK 1,000,000 at .0013
Instead of buying at .0013 and moving the price up, they bid/sit and force MM to do all kinds to B/S in order to fill them at .0012.
This is exactly what MM want! Frustration so they can load more shares from you.
Its not fun - it's OTC. Play their game (Load and Hold) until time to for it to move. FOR IT WILL!
1. Company is supposedly debt free
2. 16 Million in revenue and growing at 80% yearly.
3. Adding more stores with offices in Atl..Texas and California soon.
4 Link to T-Mobile
5. Ticker symbol with a great name.
Why would it not reach .25 and beyond?
I think $$TALK$$ is going to list on OTCQX because they meet all criteria and all indication points towards this, but they require PPS to reach .25 cents first. Once PR is released $$TALK$$ will easily blow by .25 cents. According to POST #15169 the estimated (price per share) PPS is $1.88. and I agree with that estimate.
TALK owns CPD Mobile is linked to T-MOBILE...
http://cpdmobile.com/t-mobile
CRITERIA for OTCQX
companies must meet high financial standards, be current in their disclosure, and be sponsored by a professional third-party investment bank or attorney (Laura Anthony) OTCQX Advisor. OTCQX ensures that investors have the information necessary to intelligently analyze, value and trade their securities.
Minimum Bid Price
Initial: $0.25
Ongoing: $0.10
Corporate Governance Eligibility Criteria
Have a board of directors that includes at least 2 Independent Directors
Have an Audit Committee, a majority of the members of which are Independent Directors; and
Conduct annual shareholders’ meetings and make annual financial reports available to its shareholders at least 15 calendar days prior to such meetings
Eligibility Standards
Meet initial and ongoing financial standards for OTCQX U.S. or OTCQX U.S. Premier (see table below)
Meet one of the exemptions, consistent with the definition of a “Penny Stock” under Rule 3a51-1 (see table below)
Not be a Shell Company or Blank-Check Company
Not be subject to any Bankruptcy or reorganization proceedings
Be duly organized, validly existing and in good standing under the laws of each jurisdiction in which the Company is organized or does business
Audited financial statements as of the end of each of the two most recent fiscal years with each such financial disclosure made in accordance with U.S. GAAP, audited by an auditor registered with the Public Company Accounting Oversight Board (PCAOB) and unaudited interim financial reports, prepared in accordance with U.S. GAAP
Be included in a Recognized Securities Manual that qualifies for Blue Sky Manual Exemption in several U.S. states such as Mergent or Standard & Poor’s Manuals (only non-SEC Reporting companies)
Auditors Link
http://www.dbrookscpa.com/index.html UMS/Talk's auditor is PCAOB certified
Link to Post #15169 PPS estimate
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119397080
DD on TALK R/M with UMS
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119271780
Its coming. Company has lots of news in the works I hear...patience will pay off shortly.
NICE! I think $$TALK$$ is going to list on OTCQX because they meet all criteria, but they need to reach .25 cents first. Once PR released this will easily blow by .25 cents.
companies must meet high financial standards, be current in their disclosure, and be sponsored by a professional third-party investment bank or attorney (Laura Anthony) OTCQX Advisor. OTCQX ensures that investors have the information necessary to intelligently analyze, value and trade their securities.
Minimum Bid Price
Initial: $0.25
Ongoing: $0.10
Corporate Governance Eligibility Criteria
Have a board of directors that includes at least 2 Independent Directors
Have an Audit Committee, a majority of the members of which are Independent Directors; and
Conduct annual shareholders’ meetings and make annual financial reports available to its shareholders at least 15 calendar days prior to such meetings
Eligibility Standards
Meet initial and ongoing financial standards for OTCQX U.S. or OTCQX U.S. Premier (see table below)
Meet one of the exemptions, consistent with the definition of a “Penny Stock” under Rule 3a51-1 (see table below)
Not be a Shell Company or Blank-Check Company
Not be subject to any Bankruptcy or reorganization proceedings
Be duly organized, validly existing and in good standing under the laws of each jurisdiction in which the Company is organized or does business
Audited financial statements as of the end of each of the two most recent fiscal years with each such financial disclosure made in accordance with U.S. GAAP, audited by an auditor registered with the Public Company Accounting Oversight Board (PCAOB) and unaudited interim financial reports, prepared in accordance with U.S. GAAP
Be included in a Recognized Securities Manual that qualifies for Blue Sky Manual Exemption in several U.S. states such as Mergent or Standard & Poor’s Manuals (only non-SEC Reporting companies)
www.dbrookscpa.com/index.html is PCAOB certified...
http://www.otcmarkets.com/services/companies/otcqx-us/qualifications
$TALK
why would flipper sell 100 shares at .0013 for a loss? when the ask was at .0015.
TALK is going to be huge and here's why.
I have not scene MM's go through so much manipulation on any ticker like $TALK. Since December they have being deploying all tricks in order to keep $TALK from busting loose.
See my reply from yesterday!!!!!
Agreed..They're manipulating $$TALK$$ ticker like crazy, and they can do so because they know TALK will be huge shortly, and no-one will remember/care about their antics.
Just buy and Hold. You will be rewarded greatly soon!! that is my advise to all.
MM antics -> buy and hold.
Day flippers -> buy and hold
Once PR is released or price reaches .002. MM will not be able to manipulate TALK anymore. You will see!!
Agreed..They're manipulating $$TALK$$ ticker like crazy, and they can do so because they know TALK will be huge shortly, and no-one will remember/care about their antics.
Just buy and Hold. You will be rewarded greatly soon!! that is my advise to all.
MM antics -> buy and hold.
Day flippers -> buy and hold
Once PR is released or price reaches .002. MM will not be able to manipulate TALK anymore. You will see!!
LOL. Don't think so. They know exactly what they're doing. They have abilities we don't.
They will let TALK run when they're ready. Just the way it works!
Today is pure MM manipulation. NITE is doing most of this.
L2 antics to keep TALK below 15's has being incredible/frustrating to watch. Maybe they have a reason for doing so, but it has not being fun to see TALK touch 15s twice and taken down by their antics.
Its frustrating I agree, but MM's rules OTC stocks. The SEC has had lots of complaint so they'll be imposing new rules soon for more transparency on how they manipulate tickers like $TALK.
https://www.finra.org/newsroom/2015/statement-regarding-new-rule-enhance-otc-equities-transparency
Statement Regarding New Rule to Enhance OTC Equities Transparency
The Financial Industry Regulatory Authority (FINRA) is pleased to announce the U.S. Securities and Exchange Commission's recent approval of FINRA's proposal to expand its transparency initiative for over-the-counter (OTC) equity securities. Under the newly approved rule, FINRA will supplement the alternative trading system (ATS) volume it currently publishes with all other equity volume executed over-the-counter by FINRA members.
The rule is designed to bring additional transparency to this area of the financial markets, as part of an ongoing effort to help enhance investor confidence. With this initiative FINRA will expand its volume transparency to all of the OTC market, enabling market participants and investors to better understand a firm's trading volume and market share.
Background
Under the new rule, non-ATS volume will be published on the same schedule as that for ATS volume: a two-week delay for NMS stocks in Tier 1 of the National Market System (NMS) Plan to Address Extraordinary Market Volatility (i.e., those NMS stocks in the S&P 500 Index or the Russell 1000 Index and certain ETPs) and a four-week delay for all other NMS stocks and OTC equity securities.
In addition, a firm's aggregate non-ATS volume for each month would be published on a one-month delayed basis. For firms that execute fewer than 200 non-ATS transactions per day on average during the reporting period, FINRA would combine and report the volume for all such firms on an aggregated, non-attributed basis.
This change – the timing of which will be announced in an upcoming regulatory notice – will be the latest in a series of FINRA measures that increase public visibility into off-exchange trading. In May 2014, FINRA began requiring that that each ATS report to FINRA its aggregate weekly volume information and number of trades, by security, in equity securities. And in June 2014, FINRA began providing the information to the public. Prior to FINRA making that data generally available, ATS volume was provided primarily to professionals, based on voluntary reporting to market information vendors by some (but not all) ATSs, on an aggregated, monthly basis.
New OTC rule coming into effect so hopefully your wish will come true.
https://www.finra.org/newsroom/2015/statement-regarding-new-rule-enhance-otc-equities-transparency
Statement Regarding New Rule to Enhance OTC Equities Transparency
The Financial Industry Regulatory Authority (FINRA) is pleased to announce the U.S. Securities and Exchange Commission's recent approval of FINRA's proposal to expand its transparency initiative for over-the-counter (OTC) equity securities. Under the newly approved rule, FINRA will supplement the alternative trading system (ATS) volume it currently publishes with all other equity volume executed over-the-counter by FINRA members.
The rule is designed to bring additional transparency to this area of the financial markets, as part of an ongoing effort to help enhance investor confidence. With this initiative FINRA will expand its volume transparency to all of the OTC market, enabling market participants and investors to better understand a firm's trading volume and market share.
Background
Under the new rule, non-ATS volume will be published on the same schedule as that for ATS volume: a two-week delay for NMS stocks in Tier 1 of the National Market System (NMS) Plan to Address Extraordinary Market Volatility (i.e., those NMS stocks in the S&P 500 Index or the Russell 1000 Index and certain ETPs) and a four-week delay for all other NMS stocks and OTC equity securities.
In addition, a firm's aggregate non-ATS volume for each month would be published on a one-month delayed basis. For firms that execute fewer than 200 non-ATS transactions per day on average during the reporting period, FINRA would combine and report the volume for all such firms on an aggregated, non-attributed basis.
This change – the timing of which will be announced in an upcoming regulatory notice – will be the latest in a series of FINRA measures that increase public visibility into off-exchange trading. In May 2014, FINRA began requiring that that each ATS report to FINRA its aggregate weekly volume information and number of trades, by security, in equity securities. And in June 2014, FINRA began providing the information to the public. Prior to FINRA making that data generally available, ATS volume was provided primarily to professionals, based on voluntary reporting to market information vendors by some (but not all) ATSs, on an aggregated, monthly basis.
Market Makers tactics needs to be reviewed. According to SEC rules it is illegal to lower a stock for because you can. With the amount of interest in $TALK this should be much higher in my opinion.
Going to ask for report and review.
Just under 10 million shared shorted today. Not as many as before, so we should reach new heights tomorrow. It's also last day before the new year and long weekend. I wouldn't risk the possibility of a new release before trading resumes on Monday.
Get in now. TALK will make us big $$$$ soon!
20151230|TALK|9917350|0|34670217|O
Someone will takeover TALK because it makes good business sense. one of the big four for-sure IMO. Going through sub carrier is very profitable.
With sales on financing and leasing plans accounting for more half of all national carrier postpaid device sales in 2015, we estimate the four national wireless carriers will help subscribers finance over $37 billion of devices throughout the year, resulting in a cumulative equipment accounts receivable balance of $29 billion by year-end," they wrote. "Furthermore, we expect the total amount to continue rising with nearly $50 billion worth of devices sold on the plans in 2017, leading to more than $40 billion worth of cumulative working capital."
TALK and T Mobile will be joined together for a very long time. Based on the following report the model for T Mobile profitable is going through TALK and something called EIP.
Equipment installment plans let customers pay off their devices in installments, in many cases after paying $0 down up front. By giving away an expensive smartphone in the hopes that the customer will pay the cost of that back over time, carriers are employing a great deal of working capital to cover the up-front expense of the phones they are selling through EIP plans. All of those phone sales add up to billions of dollars. To mitigate the risk, carriers are looking to options like securitizing future EIP payments customers are expected to make.
"The magnitude of the working capital drag caused by the plans, and the benefits provided by factoring and securitizing the associated receivables is the primary motivation" for carriers embracing the financing alternatives, the Jefferies analysts noted.
"With sales on financing and leasing plans accounting for more half of all national carrier postpaid device sales in 2015, we estimate the four national wireless carriers will help subscribers finance over $37 billion of devices throughout the year, resulting in a cumulative equipment accounts receivable balance of $29 billion by year-end," they wrote. "Furthermore, we expect the total amount to continue rising with nearly $50 billion worth of devices sold on the plans in 2017, leading to more than $40 billion worth of cumulative working capital."
The Jefferies analysts noted that while accounts receivables factoring and securitization is not a new concept for the global telecommunications industry, T-Mobile's $500 million service payment receivable factoring facility in March 2014 was a first for a major U.S. carrier. Such facilities have been used globally by carriers like KPN, Deutsche Telekom, SoftBank and Telecom Italia. AT&T has factored more than $4.7 billion of gross equipment receivables throughout 2014, according to Jefferies.
http://www.fiercewireless.com/story/verizon-att-sprint-and-t-mobile-likely-finance-37b-devices-year-analysts-sa/2015-02-13
I am trying to understand EIP fully, but all I can see is a huge merger in the works with more and more subscriptions through CPDMOBILE.
http://cpdmobile.com/t-mobile
Take a look at the companies/products already aligned with CPDMOBILE
http://cpdmobile.com/products - bottom of page
Something UP! L2 changed suddenly. News coming I wonder?
ATDF (Automated Trading Desk Financial Services) - ask dropped from 18 mil to 2 mil. we should close above 15 if shorts need covering.
ATDF is a market maker service used by E-trade (ETMM or ETRF) and UBS Securities
Market makers doing their best to keep TALK under 0015. They know news is eminent and they want load now, because soon it will be out of their control.
Tactics today...
Fake Ask at 13s
Huge wall at 15s
bid wack back to 12's and 13s
Deliberate last minute mark down by Marker Makers in order to place doubts in some. I say if your not sure by NOW - sell and move on. I am sure MM's and some inventors would love to scoop a few more shares before the real fire works starts.
today's close was not a bad thing, moving up too quickly is not a good plan. Stair step with tight bid/ask is what we want. TALK is one of the most stable OTC stock at the moment where you can get in or out within one TICK.
We've being over this already! no needs to rehash..do your DD and focus on the prize ahead, and not the same bogus story over and over again.
I see price going UP - IMO.
What I got from the video was, shorts better cover ASAP! Talk is stronger than suspected and not a good idea to be short going into an extended long weekend with news pending.
Up we go!
The Lawyer handling the $TALK Reverse Merger is Laura Anthony, and I am sure she took on this filing for a reason.
Laura Anthony YouTube channel on mergers and acquisitions
Depends on if 8-K is announced PRE or POST market. Either way it should be higherrrr.. than today.
Over 75mil needs to covered. People need to stop giving away their shairs.
20151221|TALK|61357315|0|137065126|O 44% Monday
20151222|TALK|14727223|0|52352746|O 28% Tuesday
Its physiological. Whales prefer tickers out of triple O's. So I say we close TALK at .001 today. That would be huge once PR hits.