iTalk Inc. (fka TALK)

[Tesla_se]

TALK didn't file a Q1 10-Q

quoted from the cover page:

On January 29, 2016, iTalk Inc. (the “Company”) determined to change its fiscal year from ending on August 31 to ending on December 31 of each year. The Company’s report covering the transition period will be filed on a Form 10-Q.
https://www.sec.gov/Archives/edgar/data/1373444/000149315216010383/form8-k.htm

for the transition period:
10-Q For the Quarterly Period Ended November 30, 2015
https://www.sec.gov/Archives/edgar/data/1373444/000149315216009822/form10-q.htm

10-K For The Fiscal Year Ended: August 31, 2015
https://www.sec.gov/Archives/edgar/data/1373444/000149315216008988/form10-k.htm

Once your company begins reporting, it will be required to continue reporting unless it satisfies one of the following "thresholds," in which case its filing obligations are suspended:

your company has fewer than 300 shareholders of record of the class of securities offered (1,200 shareholders of record if your company is a bank or bank holding company); or

your company has fewer than 500 shareholders of record of the class of securities offered and less than $10 million in total assets for each of its last three fiscal years.

https://www.sec.gov/info/smallbus/qasbsec.htm#disclosure

Price/Sales Ratio Math for iTalk


Proforma Sales equals $13,888,500

Proforma Net Sales per share is Total sales divided by number of shares

Divide $13,888,500(revs) / 1.875bil(shares) = .0074(net sales per share)

P/S Ratio is Share Price divided by Net Sales per Share

as of 10/09/2016 $0.0009/$0.0074=0.12

P/S = Investors pay $0.12 for every $1.00 in sales = 0.12:1

http://www.investopedia.com/university/ratios/investment-valuation/ratio6.asp?o=40186&l=dir&qsrc=1&qo=serpSearchTopBox&ap=investopedia.com


Check out the sector comparison

https://screener.finance.yahoo.com/b?sc=840&im=&prmin=40&prmax=&mcmin=25000000000&mcmax=&dvymin=&dvymax=&betamin=&betamax=&remin=&remax=&pmmin=&pmmax=&pemin=25&pemax=&pbmin=&pbmax=&psmin=0&psmax=&pegmin=&pegmax=&gr=&grfy=&ar=&vw=1&db=stocks


Youtube CPD Mobile Training Videos

Core Internet Assets



http://www.italkmobility.com/home


http://cpdmobile.com/t-mobile


http://elephante.org/


http://unitedmobilesolutions.com/


Social Networks


https://www.facebook.com/ITalk-Inc-705024169629756/

https://www.facebook.com/shopcpdmobile/

https://twitter.com/italk_inc

https://twitter.com/cpdmobile


Affiliates



http://ultra.me/



https://www.metropcs.com/



https://www.simplemobile.com/


http://www.bluproducts.com/


https://www.gosmartmobile.com/


http://univisionmobile.com/


http://cpdmobile.com/simply-prepaid-tmobile


Smartphones Exponential Sales Growth



https://ronnie05.wordpress.com/2009/11/20/str4/