I heard the same thing mate. Either way TALK is way under valued here. I looked and even with 1.8b the market cap is only 3.7 million. A 1 billion share reduction would make the market cap under 1.9 million. TALK will close green today! Have you looked at the DOW? Its up by almost 200 1.08%
An announcement of this would send the share price sky rocketing. We have a lot to look forward too! 8-k, form 211, up-listing, corporate announcements, you name it.