iTalk Inc. (fka TALK)

[lloydm]

TALK highlight from recent 8-K.

In our effort to reach profitability, we have engaged in debt restructuring, auditing of financials, and complete reviews of all new acquisitions.

* We have been been planning strategic moves that will further enhance our reach in our immediate region beginning with expansion plans into Alabama through an opportunity to acquire an existing base of customers from our distributor partner.

* We have also been in deep discussions with another group in Miami, Florida that could open up opportunities for iTalk with its exclusive branded store distribution.

* We are finalizing an agreement with a software company that specializes in wireless business solutions where we could potentially gain access and control of over 4,000 active accounts who are all considered customers.

* In addition, we have been working closely with our carrier contacts in planning our growth strategy.

This strategy will include entering into new markets through both through acquisition and new store buildout with development funding support from the carriers.. This year we will grow into several new cities and key markets.