iTalk Inc. (fka TALK)

[wilma6311]

Ronin...I agree front loading is usually more subtle than 1.1bil. I initially thought it was converting as well however...on Aug 24 there were 1.808bil shares outstanding. That was the day the May 31st quarterly report was filed. If the shares were outstanding on that day why would they have then converted on 9/28 and 9/29. This is my last post. Thanks for the responses.

In my opinion the shares traded back on 9/28 was not front loading. Front loading usually is subtle and happens before the herd comes in.

Usually, that type of volume that was on 9/28 is a note holder converting. Look how the volume drops off the rest of the days following 9/28.... def note holder imo.

I did ask the person that posted here about talking to the TA. He said its someone he trusts and can't divulge who it is but they confirmed 1bil was in the treasury. We won't know this until the financials come out but it should be interesting to see how this plays out.