iTalk Inc. (fka TALK)

[Scott12]

There is no such thing as a FAST reorganization. United Airlines Chapter 11 was over 3 years. Please stop putting your hope on "the next hearing." Hearings can get continued for any reason, judges or trustees may conduct inconclusive hearings. The tying is BE PATIENT. The process is slow for a reason. Bankruptcy is a very powerful tool and is very deliberate. Seriously, I know we are all in a hurry but reorganizations take time.

Yep, you are absolutely right pax, the bk process sure is slow. I owned a stock several years ago that was very similar to TALK in that one of its subs also filed for BK. Here it is three years later and they are still going through the BK process. Surprisingly enough, it still trades. I would have thought the SEC would have booted it to the greys by now. Hopefully, TALK will get through this a lot sooner.
GLTA.