Replies to post #78209 on iTalk Inc. (fka TALK)

[1manband]

That would make TALK approved for exiting BK

TALK is not in bankruptcy. UMS is in bankruptcy, and TALK will own none of UMS post-bankruptcy.

[DJPele]

Technically, TALK and UMS haven't completed it's Merger/Aquisition. The speculation as of right now states that they are still operating together, evident by Pacer docs and bank statements. Because of this, investors believe that they will complete their Merger/Aquisition post CH 11 BK approval.

A footnote in one of the prior BK plans stated that UMS will no longer be a part of TALK. ***Keep in mind***, this was before we found out that Foxxcon will be owning UMS post BK. That footnote could very well be there because of Foxxcon involvment.

As I stated, bank statements and docs show a continued relationship between UMS and TALK. This leads me to believe that TALK's PPS will potentially rise after possible approval of the BK plan, along with their completion of their originally intended Merger/Aquisition.