iTalk Inc. (fka TALK)

[fojcol]

Based on 1.85B shares of common stock, the Preferred shares they issue would have to equal 10.49B shares, with a new total of 12.3B shares. At a share price of .0002, the market cap of this new, producing company would be $2.4M. Don't know the net profit of the company being reverse merged into TALK, but it has good revenues (16-30 M, depending on what you read). I'd guess an appropriate market cap should be more like 10 - 15M (IMO). Meaning TALK should be selling for about 5-7 X what it is now.