iTalk Inc. (fka TALK)

[Tesla_se]

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 11/04/2016 $0.0007/$0.0074=0.09

P/S = Investors pay $0.09 for every $1.00 in sales = 0.09:1

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


I will take that bet OBM although I hate to go against the odds. UMS(not UMS LLC) still generates revenue($10million approx.) from CPD Mobile's 1600 stores as far as we know. iTalk inc. 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 therefore its filing obligations are suspended. I assume TALK has been filing on a voluntary basis for years.

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



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



Smartphones Exponential Sales Growth



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