DELRAY BEACH, FL — (Marketwired) — 07/26/16 — iTalk, Inc. (OTC PINK: TALK) ("iTalk").Dear Shareholders,Management wishes to clarify and explain to the iTalk shareholders its decision to file Chapter 11 reorganization of its indirect subsidiary, United Mobile Solutions, LLC. I understand the concerns expressed by our shareholders regarding this action. I want to assure the Company–s shareholders that this tactical maneuver, in this context, is a legitimate strategy to recapitalize
DELRAY BEACH, FL — (Marketwired) — 07/21/16 — iTalk, Inc. (OTCBB: TALK) ("iTalk") today announced that United Mobile Solutions, LLC ("UMS LLC"), an indirect wholly owned subsidiary of iTalk, has filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Georgia, to enhance liquidity while it reorganizes. In doing so, UMS LLC is moving forward to implement its financial restructuring
DELRAY BEACH, FL — (Marketwired) — 07/18/16 — iTalk (OTC PINK: TALK) (the "Company") today announced that it has entered a definitive agreement to sell its WQN division and related domain for $40,000 in cash, subject to closing adjustments. The sale is subject to customary closing conditions and is expected to be completed by July 31, 2016.David Lee, President, stated, "This transaction represents an additional step in Management–s objective to focus on maintaining and growin
DELRAY BEACH, FL — (Marketwired) — 07/11/16 — iTalk Inc. (OTCQB: TALK) ("iTalk" or the "Company"), a value added distributor and master agent for the wireless industry, is pleased to announce the assumption of three Arkansas high volume branded premium retail stores under its management and seven exclusive branded prepaid stores in Georgia, Texas and the Carolinas.Mr. David Lee, President of iTalk, said, "The transfer of these three premium branded stores in Arkansas
DELRAY BEACH, FL — (Marketwired) — 05/06/16 — iTalk Inc. (OTCQB: TALK) ("iTalk" or the "Company"), a value added distributor and master agent for the wireless industry, is providing an update to shareholders and the investment community today. Based on recent communications with our Auditing Firm with regard to the progress of completing the audit of our subsidiary United Mobile Solutions– 8-K financial statements for years 2014 and 2015, we can now advise that the audit
FT LAUDERDALE, FL — (Marketwired) — 01/08/15 — iTalk, Inc. (OTCQB: TALK) today announced is pleased to announce that the company has appointed Mr. Trip Camper as the President of Limestone Energy Holdings Inc., its newly formed energy subsidiary.Trip is a business leader that brings over 30 years of Executive Management experience in banking, energy, financial services, and telecommunication companies. His businesses have raised substantial amounts of capital, while leading the creation of i
FT LAUDERDALE, FL — (Marketwired) — 01/07/15 — ITalk, Inc. ("TALK") today announced that its recently formed subsidiary, Limestone Energy Holdings, Inc. ("Limestone"), has issued a Purchase and Sale Agreement to acquire all of the members interest in Hilliard Bender Energy, LLC, an oil and gas operator that currently owns the mineral rights to two leases in Montgomery County, Texas. With proven, undeveloped drilling locations, each capable of producing 100-150 BOPD (Barre