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Re: None

Friday, 05/20/2016 2:51:32 PM

Friday, May 20, 2016 2:51:32 PM

Post# of 82575
Transfer assets of ITG to iTalk.

On January 29, 2014, ITG, Inc. (ITG) and iTalk, Inc. (iTalk) (together, Applicants) filed an
application pursuant to section 63.03 of the Commission’s rules1
to transfer assets of ITG to iTalk.
Applicants consummated this transaction without authority on June 5, 2013.2
ITG, a Texas corporation, is a wholly-owned subsidiary of DataJack, Inc., a Nevada corporation.
DataJack offers through its subsidiaries nationwide mobile broadband data transmission services.
Applicants state that iTalk, a Nevada corporation, develops retail voice and data communications services
for use with wireless devices but that it does not currently offer domestic telecommunications services.
They further state that no individual or entity own or controls more than 10 percent directly or indirectly
of iTalk. Pursuant to an Asset Purchase Agreement, dated June 5, 2013, Applicants undertook a
transaction whereby iTalk acquired those operations of ITG related to the provision of regulated
telecommunications services, including customer accounts.
Applicants state that the transaction did not result in any changes to the terms or conditions of
services of affected customers. Applicants assert that the proposed transaction is entitled to presumptive
streamlined treatment under section 63.03(b)(2)(i) of the Commission’s rules and that a grant of the
application will serve the public interest, convenience, and necessity.3

Effective June 5, 2013, DataJack, Inc. sold certain intangible and other assets of ITG, Inc. to iTalk, Inc. The assets included in the sale were certain domain names, licenses, service contracts including trade names and trademarks. and all rights and interests to and in all of the customers of the International Long Distance division of DataJack, Inc., including but without limitation all the customers and/or subscribers of VoIP, ITG, EasyTalk and Valucom. The purchase price of $300,000. The tangible and intangible assets sold had no remaining net book value prior to the transaction.

Effective June 5, 2013, we sold certain intangible and other assets of WQN to iTalk, Inc., a Nevada corporation. The assets included in the sale were certain personal property, switching equipment, computer and related peripherals, software licenses, service contracts including trade names and trademarks. and all rights and interests to and in all of the customers of the International Long Distance division of DataJack, Inc., including but without limitation all the customers and/or subscribers of VoIP, ITG, EasyTalk and Valucom .The purchase price of $300,000. The WQN tangible and intangible assets sold had no remaining net book value at September 30, 2013.

Each domain funnels service purchases to the company’s centralized iTalk OSS. The company’s domain assets include 57 domains, such as
ITALKMOBILITY.COM
ITALKPHONE.COM
MY800ONLINE.COM
MYWQN.COM
WQN.COM

Nothing I state is intended to be a recommendation to buy or sell, opinion only. Readers are solely responsible for how they use the information.

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