Replies to post #6222 on iTalk Inc. (fka TALK)

[xero90]

Do they really need $2000 that bad to dilute with 10 of millions of shares

Yep, because 100 * $2000 is a lot

[Scott12]

re:"Those sort of Ttrades caught my eye on another stock, large blocks of 5 and 6 million shares being traded in the .03-.05 range. Looked like buying to me of a stock that took a huge hit from much higher share price. Turned out to be selling of convertible shares, that stock is trading at .003 now! I see the same happening here but what's the point?"

That is exactly what is happening here....the sale of convertible shares. It's all in their previous 10q report. I mentioned it in a post of mine from last week. Take care sosjtb.