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CEO David Lee. CEO of?
CEO D Lee $180k
CFO R Dea $96K
We're progressing as planned by the company $TALK$ and that's all that matters. Anything else is speculation and noise.
Delray Beach, Florida, July 21, 2016 /PRNewswire/ -- iTalk, Inc. (OTCBB: TALK) (“iTalk”) today announced that United Mobile Solutions, LLC (“UMS LLC”), an indirect wholly owned subsidiary of iTalk, has filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Georgia, to enhance liquidity while it reorganizes. In doing so, UMS LLC is moving forward to implement its financial restructuring plan, which is intended to significantly reduce debt and other liabilities, provide maximum recoveries for creditors and cause no interruption of its carrier master dealer operations. All retail stores operated by UMS LLC are open for business and continuing to operate in the ordinary course.
“Our retail units across the country are open and will operate without interruption throughout the reorganization process,” said David Lee, President of iTalk. “The resulting deleveraging is expected to strengthen UMS LLC’s balance sheet, creating a strong and sustainable capital structure and maximizing shareholder value.
Credit Suisse, and KNIGHT CAPITAL CHARGED WITH ABUSING “NAKED SHORTS”
A separate Finra disciplinary action completed just days ago against Swiss firm Credit Suisse faults the bank for failing to flag potential money laundering abuses based on “suspicious microcap stock transactions and sales of unregistered securities.” The trading at issue “followed patterns commonly associated with microcap fraud.”
NITE
https://theintercept.com/2016/12/15/whistleblower-vindicated-massive-trading-firm-knight-capital-charged-with-abusing-naked-shorts/
Credit Suisse
http://www.finra.org/sites/default/files/CreditSuisse_AWC_120516.pdf
NITE and Credit Suisse Securities was caught red handed by FINRA with illegal naked shorting. Don't think that is a possibility at the moment. Great time to invest in $TALK$
The Financial Industry Regulatory Authority (Finra), a private self-regulatory organization, charged KCG on October 31 with thousands of violations over three years of Regulation SHO, which according to the Securities and Exchange Commission (SEC) “was established to address concerns regarding persistent failures to deliver and potentially abusive ‘naked’ short selling..
A separate Finra disciplinary action completed just days ago against Swiss firm Credit Suisse faults the bank for failing to flag potential money laundering abuses based on “suspicious microcap stock transactions and sales of unregistered securities.” The trading at issue “followed patterns commonly associated with microcap fraud.”
NITE
https://theintercept.com/2016/12/15/whistleblower-vindicated-massive-trading-firm-knight-capital-charged-with-abusing-naked-shorts/
SWISS BANK
http://www.finra.org/sites/default/files/CreditSuisse_AWC_120516.pdf
TRADING FIRM KNIGHT CAPITAL CHARGED WITH ABUSING “NAKED SHORTS”
The Financial Industry Regulatory Authority (Finra), a private self-regulatory organization, charged KCG on October 31 with thousands of violations over three years of Regulation SHO, which according to the Securities and Exchange Commission (SEC) “was established to address concerns regarding persistent failures to deliver and potentially abusive ‘naked’ short selling.
Finra staff reviewed four separate time periods from 2012 to 2015, spot-checking for errors. Most of the problems were found between June and July 2013, when Finra found 3,477 separate instances of KCG engaging in “a short sale for its own account without first borrowing the security,” a description of naked short selling, “while it had a fail-to-deliver position… that had not been closed out.” According to a footnote, these naked shorts were done “to facilitate a customer(s) long sale order on a riskless principal basis.”
https://theintercept.com/2016/12/15/whistleblower-vindicated-massive-trading-firm-knight-capital-charged-with-abusing-naked-shorts/
Someone wants TALK down with bid/whack @.0004 with 1000 shares traded.
We know its not MM's because minimum order for MM is 10,000 shares.
Games at hand on TALK...LOL!
Indicators pointed towards a drop. MM had nothing to do with it. Trading pattern.
A ten dollars trade, are you serious?
This is purely MM games. minimum size of 10,000 shares and up-ticked 900% when the ask is at .0001.
Only MM can do this againt PYCT.
Jobs spoken for - allocated, but not officially hired. Is how I read it.
I had a phone discussion with someone within KALLO a month or so ago, and most jobs have already being spoken for. Don't ask whom I spoke with I have no idea myself.
They would not say what is preventing them from stating or bringing the new hired on-board, but we all know its down-payment.
MM making a market and they don't have enough shares.
No investor would short a .0001 stock. what would be the point?
How do you cover on a .0001 stock?
Its being a long road and many doubted, but we prevailed.
Bring it on KALO we're ready. DD does pay off in the end!
PreMarket Trading of a Pink sheet that is supposedly not trade-able, Pre-Market.
Interesting.
Blue Water Ventures International, Inc. (the "Company" or BWVI) (OTC:BWVI) announced today that it has signed a Business Services Agreement with the Soellingen Advisory Group, Inc. ("Soellingen") (OTC:SLLV)
As part of its long term growth strategy BWVI has developed research for multiple projects and has begun taking steps to actively stage its survey and recovery efforts for the upcoming 2015 season.
Under the terms of its agreement, Soellingen will assist the Company with further search and recovery project development and with the Company's efforts to procure financing to fund all or a portion of its 2015 operating budget. Soellingen joins others who have contracted with the Company to assist the Company with its ongoing project development and financing needs.
Additional information regarding Soellingen can be found on its website at Soellingen.com.
Interested parties are encouraged to join the BWVI Mailing List to stay up to date on the latest company developments which can be found at this link: http://www.bwvint.com/about-us/
$TALK will file when its ready to do so. EOS!
TALK will release when the time is ready. Bitch, whine, complain all we want. It does no good except for the predators who play on the iTALK weak.
TALK time will come soon, so play on player(s).
My understanding is the jobs listed on the Kallo website is already spoken for. They (Kallo) is waiting for down payment to start.
As to whom is funding Kallo must have faith down payment is coming.
The Deal with HITES (Government of India - Ministry of External affairs) for 35 million dollar was initially approved in March 2014. So what does this mean! any suggestions?
https://www.mea.gov.in/Portal/ForeignRelation/Guinea_2015_08_18.pdf
India has approved a Line of Credit of US$ 35 million to Guinea for
strengthening of health system in March 2014. Another Line of Credit of US$ 59.87
million to Guinea for Agricultural Modernization and Development Project is also
approved by GOI.
16. Guinea has also availed Indian LOC of US$ 28.51 million through ECOWAS
Bank for Investment and Development (EBID) for importing 100 buses from India
(US$ 8.1 million) and for rehabilitation and extension of the electricity networks in
Guinea (US$ 20 million).
I think the hospital potion of the deal went to HITES and maybe that was a good thing. Now they (Kallo) can focus on the mobile clinic.
The key individuals for the mobile clinic(s), and hospital services is still employed with Kallo. Ask yourself why is that?
Marion Lyver
Chief Medical Officer
Kallo Inc.
December 2014 – Present (1 year 11 months)Markham, Ontario
In her role as CMO, Marion will leverage and apply her considerable experience and skills to develop and implement Kallo's clinical transformation team and provide clinical oversight of Kallo's international mobile, clinic, hospital and pre-hospital programs and services
The mobile clinics are of particular importance for reducing the risk of family caregivers spreading highly contagious diseases – such as Ebola.
So what happened for the president of Guinea to not move forward with Kallo's mobile clinics deal that is already signed and ready to build? if it's that important with stopping the highly contagious Ebola outbreak.
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Guinea-Health / Society '' Kallo Inc. '' aims to provide health services to rural populations
Conakry, March 11 (AGP) - Through the company '' Care Rural Kallo Inc. '', a project of mobile clinics, polyclinics and ambulances will soon emerge in Guinea, in the context of improving health care of populations in rural areas, learned AGP.
An agreement was signed in 2014 in this regard between the Guinean Ministry of health and the company with headquarters based in Canada, including on the implementation of infrastructure, primary health care to be delivered by mobile and rural clinics of high quality.
This is for Kallo Inc., to develop, a proactive approach to ensure a higher level of health care in rural areas, face the difficulties of access to quality health services.
the components of this project include, disaster management, field ambulances and air to transport the sick, telehealth systems, education and training of clinical and engineering skills by Kallo university and a hospital information management system (PYORA ).
mobile clinics will be of paramount importance to reduce the risk of spread of highly contagious diseases, including Ebola, cholera, meningitis and yellow fever, are we said.
the project will also allow Guinea to move forward in achieving the Millennium development goals in health through improving people's access to quality health care, education and training of health personnel.
a state that mobile clinics, polyclinics and ambulances will be led by an administration center. And clinical services will be coordinated, synchronized and managed by a clinical and administrative command center.
AGP / 11/03/015 AND / KS / ST
His Excellency, Alpha Conde, President of the Republic of Guinea
confirms his government's commitment to rural healthcare
Government set to deploy mobile clinics as part of its proactive commitment to
provide healthcare to rural areas:
http://agpguinee.com/fichiers/videos2.php?langue=fr&idc=fr_Guin_e_Sant___La_soci_t____Kallo_Inc___entend_offrir_des_serv
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CONAKRY, Guinea Feb 20, 2015 His Excellency, Alpha Conde, President of the Republic of Guinea and, on behalf of the government, extends his deepest sympathy to the families who have lost a loved one during the Ebola outbreak. And, for the patients who have contracted the disease, His Excellency offers his sincere and best wishes for their recovery. As of February 17, 2015,there have been 2727 confirmed cases of Ebola resulting in 2057 deaths this report was published by CDC (Centers for Disease Control and Prevention in conjunction with WHO (World Health Organization) http://www.cdc.gov /vhf/ebola/outbreaks/2014-west-africa/case-counts.html
As early as 2013, the Ministry of Health had developed a proactive commitment to provide a higher standard of healthcare to rural areas. In January 2014, prior to the Ebola outbreak, the government signed an agreement with Kallo Inc. , a United States Corporation head quartered in Canada. The agreement will enable the government to implement a unique, primary healthcare infrastructure that will be delivered through state-of-the art mobile and rural clinics. The components include disaster management, air and surface Ambulances for patient transportation, Telehealth systems, education and training by Kallo University for clinical and engineering skills, as well as Hospital Information Management System (PYORA).
In addition to bringing a wider range of health services for people living in hard-to-reach rural areas, the agreement with Kallo Inc. will support the government's efforts to accelerate the progress towards its Millenium Development Goals. The mobile clinics are of particular importance for reducing the risk of family caregivers spreading highly contagious diseases – such as Ebola.
http://webcache.googleusercontent.com/search?q=cache:UDvgaSh9FRsJ:www.otcmarkets.com/edgar/GetFilingRtf%3FFilingID%3D10552672+&cd=4&hl=en&ct=clnk&gl=ca
Correction is sellers taking profit which I completely agree with, but what happened today is OTC pink sheet manipulation by MM because they can.
Big difference from correction.
MM took this down. looks at the number 10K blocks where a number of five digit trades kept dropping the PPS down.
.0060
then seconds later
.00599 (Only MM can do five digits)
MM took this down. looks at the number 10K blocks where a number of five digit trades kept dropping the PPS down.
.0060
then seconds later
.00599 (Only MM can do five digits)
ARXS - Arxis Capital Group
To be a Market maker you *must* be on the bid and ask within a certain time frame, but ARXS is not on the bid.
Market makers must maintain continuous two-sided quotes (bid and ask) within a predefined spread.
Founded in 2014 by CEO Gene Reilly, the former head of Bank of America Merrill Lynch’s global quantitative market making desk, and also led by Executive Chairman Tom Joyce, the former Chairman and CEO of Knight Capital Group, Arxis operates a technology-driven trading platform that provides liquidity in financial markets by offering to buy and sell securities on an automated basis.
Shoppers Drug Mart formally applies to distribute medical marijuana
Pharmacy chain is asking for producer licence, but it plans on just distributing.
The question is who large enough to produce enough for over 1000 stores.
I think LeEco is where TALK future lies.
LeEco said this week that it had hired Joshua McGuire as its vice president and general counsel to oversee all of its U.S. legal affairs and intellectual property protection.
McGuire, who spent the past seven years as Google's lead legal counsel for mobile and Android patent strategy, told CNBC he decided to join LeEco - which sells a technology "ecosystem" that ranges from smartphones to electric vehicles (EVs) - because he believed it was different to other tech companies.
"LeEco is committed to fulfilling the broken promises that technology companies have been making for 20 years - promises of a personalized user experience across all of your devices," McGuire said.
http://www.cnbc.com/2016/06/11/leeco-moves-further-into-silicon-valley-buying-yahoos-santa-clara-property.html
Calm before the storm. iTalk IMO has something up their sleeves that will be revealed soon.
Long and strong on $ITALK$.
According to executive Danny Bowman, who is chief revenue officer for LeEco’s North American operations.
They're currently OTC Pink limited. Where exactly does it states they have to file right now by law?
Ever wonder where ITALK unsettled broker-to-broker information is stored?
Transactions eligible to be tracked, stored and maintained in OW include failed or unsettled broker-to-broker obligations that are compared through OW and obligations forwarded to OW from other NSCC services, including securities exited from NSCC's Continuous Net Settlement (CNS), Non-CNS Automated Customer Account Transfer Service (ACATS) items and NSCC Balance Order transactions.
Agreed. Not sure how this is going to play out with iTalk Inc, but LeEco is starting out strong with its N.A. presence.
Chinese device maker LeEco, which has been on an acquisition and hiring spree in the U.S., said Wednesday it has hired former Qualcomm executive Rob Chandhok to lead its North American research and development efforts.
That follows the recent hiring of Huawei executive Richard Ren to run LeEco’s non-China device business and serve as acting president for North America. In April it hired two former executives from Samsung’s U.S. operations to serve as its revenue chief and chief administrative officer in the U.S.
And LeEco is clearly looking to grow further in the U.S., having plunked down $250 million to buy a former Yahoo site in Santa Clara to serve as its North American headquarters.
Maket Makers, Big Banks and Hedge Funds I am sure have no issue shorting penny stocks.
There is nothing to prove you wrong on. You provided no proof to back up your claim of no shorts on PYCT.
Just because you say it does not exists does not make you right.
Naked Manipulation
How Naked shorts is tracked!
Its a good read that naked shorting of penny stocks like PYCT does exists. I know some says there is no shorting taking place on PYCT, but I beg to differ. It happens and should not be disputed.
NAKED SHORTS CAN’T STAY NAKED FOREVER
Reverse mergers and reverse splits typically result in a change in the CUSIP, the nine-digit identification symbol assigned to a public stock.
Once that CUSIP changes, the naked shorter has no apparent way to close out the naked short position. No stock under the old CUSIP number exists anymore; it all automatically converts to the new CUSIP.
Those trades can sit in the Obligation Warehouse forever, in theory. But the “aged fails” — essentially orphaned naked short transactions — remain on the naked shorter’s balance sheet as a liability to be paid later.
By DiIorio’s reckoning, then, the cycle of naked shorting and reverse splits would inevitably result in an ever-increasing number of aged fails. And if that was happening, and those liabilities grew bigger and bigger, then federal regulators could see the outlines of the scheme on any financial statement.
DiIorio believed Knight accounted for its aged fails in the “sold not yet purchased” liability on its balance sheet. That’s supposed to be an inventory of stocks for use in future market making, which goes up and down as orders are filled. But DiIorio says it was a hiding place for a billowing structural liability.
And consider this: According to its own financial reports, Knight’s “sold not yet purchased” liability jumped from $385 million at the beginning of 2008 to $1.9 billion by mid-2011.
https://world.einnews.com/article/346416414/1DVWMPBFN0l9fjie
Three more ITALK/MetroPCS store announcements today. WOW $TALK.
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ITalk/UMS' first store in Nashville TN!! Congratulations to the team and on the first sale within the first hour of being opened! Tennessee here we come!
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Talk/UMS Store on Satellite Blvd, Duluth GA. Always clean and ready to provide excellent customer experience!
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Getting ready to offer customers in Lilburn GA (Burns Rd.) the best Prepaid wireless offerings in the country! Come see us this weekend! FREE SAMSUNG GALAXY ON5 WHEN YOU SWITCH TO METRO PCS!
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No matter how one tries to justify their opinion/speculation its still speculation.
I agree it's not not looking good for KALLO at the moment, but I am not going to say its dead based on nothing. I will continue to go on facts, not innuendo's.
Medic Trust Global (Medical Invested True Capital Standing Limited), Group of Companies registered in London, UK; Vancouver, Canada; Hong Kong, Singapore, Ghana, Guinea- Global initiative to transform medical System in developing countries.
Group of dedicated partners created " New Era Medical Program" which providers and having full access to medical technologies, the modern construction experience, world leader suppliers.
Medic Trust is a “Stake Holder” in the efforts to eliminate Infectious Diseases and has selected Guinea as the launch pad for this program due to the fact that the Guinea Ministries of Health have shown the commitment and willingness to support the immediate implementation of such program. Upon successful implementation of these vital programs, Medic Trust shall extend its efforts into all of the ECOWAS countries.
What proof do you have KALO is done?