iTalk Inc. (fka TALK)

[wilma6311]

JJ8...no one knows the contents of the financials until they are released. But if you look at 2013 where they had 16mil in revenues and 800k in EBITDA that's not too bad.

The 16mil has been mentioned in filings so I am sure we can count on that. I am not so sure of the 2014 revenues that were found online but I don't see them as being outrageous.

On the UMS website investors tab they mention this..

The company will again experience significant revenue growth in 2014, with consistent gross margins and profitability.

Why would they mention growth and profits if there were none?

I think the financials will be good. I am hoping the joint company has Operating Profits. I believe they will continue to acquire other companies and this will be a great company.

Someone mentioned that the employees are barred from buying stock until 48 hours after a merger is filed. So tomorrow may see some upward movement in the pps.

Personally...I'm just waiting for the financials.