iTalk Inc. (fka TALK)

[lloydm]

BLU Products - Merger with ITALK IMO.

Italk issued two PR in March indicating

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

I think the deal in question is BLU products with CT Miami, both owned by the same person Samuel Ohev-Zion.

CT Miami is the distribution arm for BLU products, and CPDmobile was the first master dealer for BLU so it makes sense to merge with BLU IMO.
http://unitedmobilesolutions.com/cpd-mobile-named-first-master-distributor-for-blu-products/
http://cpdmobile.com/

bluproducts.com
BLU Products, founded in 2009, designs and manufactures affordable, attractive and innovative mobile devices to suit a wide variety of consumer needs.
Over 35 million BLU mobile devices have been sold in over 40 countries. Headquartered in Miami, Florida, BLU is pioneering the advancement of the prepaid and no-contract revolution by providing a vast portfolio of advanced unlocked mobile phones at incredible pricing to thousands of dealer agents, MVNO's, and large retailers throughout the United States and Latin America.



bluproducts.com/index.php/into-blu/about-us
• Responsible for the overall strategic and creative direction and growth of the fastest-growing mobile device manufacturer in the Americas.
• Oversee all aspects of product design, sales, marketing, and manufacturing
• Continues to bring innovative solutions to consumers in Latin America and the U.S. better designs, fastest time to market, more variety and a level of product customization that is unique in the industry.
• Pioneer the advancement of the no-contract BYOD revolution by providing a vast portfolio of advanced unlocked smartphones to thousands of dealer agents, MVNO's, and large retailers throughout the United States, changing the landscape of the mobile phone business in the United States
• 100% year over year growth for 5 consecutive years
• BLU units sales growth:
90,000 units in 2009
700,000 units in 2010
2,000,000 units in 2011
4,000,000 units in 2012
8,000,000 units in 2013
15,000,000 units in 2014


CT Miami, LLC
http://www.ct-miami.com/

• Instrumental in signing distribution agreements with major manufacturers and becoming, in less than one year, the largest authorized distributor of Samsung, Motorola, Sony Ericsson for the open market in Latin America.
• Oversee strategic direction and manages the company’s relationships with its partners and leading manufacturers throughout North, Central and South America.
• Today CT Miami is the exclusive Distributor of BLU Products devices

• Instrumental in growing annual revenue from $60 million to $180 million in revenue in just 4 years from 2006-2010
• Achieved Sales of over $300 million USD in 2012
• Achieved Sales of over $500 million USD in 2013
• Achieved Sales of over $900 million USD in 2014