Replies to post #24055 on iTalk Inc. (fka TALK)

[paxgarmana]

ok, to everybody who said motion to dismiss was not granted...

none were filed

the joint preliminary report and discovery plan was JUST filed.

[rbtree]

$870k in unpaid invoices... hmmmmm.

Maybe that's a clue as to why this company, which allegedly has $16-26m in yearly sales, is considering merging with an OTC company that, thanks to auditor problems, is delinquent and will have to restate a couple years of filings.

Couple all that with the private company also needing to undergo a proper audit, and the chances of this merger ever finalizing begin to look rather slim.

[crowin]

The list of UMC unpaid invoices and delivery tickets are listed here;

http://www.pacermonitor.com/view/JEW4HBY/Tech_Data_Corporation_v_CPD_Mobile_LLC_et_al__gandce-15-04097__0001.1.pdf