iTalk Inc. (fka TALK)

[Tesla_se]

Estimated Sales equals $50,000,000

UMS stated 20 stores in ch.11 documents with sales of more than a million per month. Adding iTalk's 20 new stores posted on Facebook equals approximately $50,000,000 in annual revenues.

Price/Sales Ratio Math for iTalk

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

Divide $50,000,000(revs) / 1.875bil(shares) = .027(net sales per share)

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

as of 12/10/2016 $0.0005/$0.027=0.0185

P/S = Investors pay $0.0185 for every $1.00 in sales = 0.0185:1

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&pe=1/&pr=1/&mc=25000/&ps=0/&b=1&z=ps&db=stocks&vw=1


Why iTalk is Not Delinquent or Dark Filer

Uplisting does require a quiet period and I do recall verbiage related to such. iTALK could be in a quiet period.

What is the S-1 Quiet Period?

The S-1 “Quiet Period,” starts when a company files an S-1 Registration Statement with the SEC and ends when the SEC staff declares the S-1 “Effective.”

http://otclawyers.com/page/5/

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

Section 108. Form 15
Question 108.01

Question: Section 15(d) of the Exchange Act provides an automatic suspension of the periodic reporting obligation as to any fiscal year (except for the fiscal year in which the registration statement became effective) if an issuer has fewer than 300 security holders of record at the beginning of such fiscal year. In contrast, Rule 12h-3 permits a company to suspend its reporting obligation under Section 15(d) if the requirements of the rule are met at any time during the fiscal year. Is a Form 15 required to be filed under Rule 12h-3 as a condition of the suspension?

Answer: Because situations exempted by Rule 12h-3 (e.g., there are fewer than 300 security holders of record in the middle of a fiscal year) do not meet the literal test of Section 15(d), Rule 12h-3 requires the filing of Form 15 as a condition of the suspension. By contrast, under Rule 15d-6, if an issuer has fewer than 300 security holders of record at the beginning of the fiscal year, a Form 15 should be filed to notify the Commission of such suspension, but the suspension is granted by statute and is not contingent on filing the Form 15. [September 30, 2008]
https://www.sec.gov/divisions/corpfin/guidance/exchangeactforms-interps.htm


5 New iTalk Lease Management Offices

Italk Lease Mgmt
Phone: [phone]
6002 Slide Rd
LubbockTX79414-4310
http://usplaces.com/others/lubbock-tx/italk-lease-mgmt

Italk Lease Managment LLC
864-715-0447
220 Hillcrest Dr Laurens, SC 29360-2342
http://www.whitepages.com/business/italk-lease-managment-llc-laurens-sc

Italk Lease Management Llc
Phone: [phone]
671 Spartanburg Hwy
Hendersonville Henderson, NC 28792-5762
http://usplaces.com/others/hendersonville-nc/italk-lease-management-llc

ITALK LEASE MANAGEMENT LLC Principals
M, G, R, M Italk Inc
Address 100 E LINTON BOULEVARD, SUITE 111, DELRAY BEACH, FL, 33483
https://florida.intercreditreport.com/company/italk-lease-management-llc-l16000118869

ITALK LEASE MGMT,LLC
10/07/16
2502 S BELT LINE RD #300
[phone]
6140-A NORTHBELT PKWY NORCROSS GA 30071
http://apps.gptx.org/GPTX/EconomicDevelopment/co_temp/COccupancy.aspx?ResultsGrid-page=5


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/