Replies to post #69455 on iTalk Inc. (fka TALK)

[AbleBody77]

LOL! $Talk$ eom.

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iTalk has a working capital deficit and negative shareholder equity.

That is the definition of insolvent. Period and end of story.

Next....

iTalk has a class of securities registered with the Securities Exchange Commission...

...iTalk is seriously delinquent...

...subject to a Section 12(j) (revocation)...

Period and end of story...

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The SEC may revoke the registration of stocks. In some circumstances, the SEC may revoke the registration of a defunct company's stock. Section 12(j) of the Exchange Act authorizes the SEC to revoke the registration of a security if the issuer fails to comply with the federal securities laws. Broker-dealers may not execute any trades in stocks whose registration has been revoked pursuant to Section 12(j).

From the same page...

https://www.sec.gov/answers/dfnctco.htm

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In addition, this issuer has been violating federal laws since April of 2015. It is now 2017.