iTalk Inc. (fka TALK)

[lloydm]

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