iTalk Inc. (fka TALK)

[hellcatjr]

That argument is used on every defunct security. The short in January was for 10m shares and was covered the next day.

Proof----> http://www.otcmarkets.com/stock/TALK/short-sales

Here are some, if not all, of the important bits of detail when considering trading/buying this security.

In their report included in the financial section of this report, our independent registered public accounting firm stated that our consolidated financial statements for the year ended August 31, 2015 were prepared assuming that we would continue as a going concern. However, they expressed substantial doubt about our ability to do so. The Company has experienced an accumulated deficit of $5,579,667 as of August 31, 2015, including a net loss of $1,285,046 for the year ended August 31, 2015. We also had a working capital deficit of $2,532,271 at August 31, 2015 and cash on hand of $14,601.

This is why there is little discussion regarding the 10K, it's not pretty.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11321617#FORM10-K_HTM_A_003