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Italk (NASDAQ:TALK) CEO David Franklin Levy purchased 30,000 shares of the company’s stock in a transaction dated Tuesday, July 1st. The shares were purchased at an average cost of $0.01 per share, with a total value of $300.00. Following the completion of the purchase, the chief executive officer now directly owns 2,073,000 shares in the company, valued at approximately $20,730. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Italk (NASDAQ:TALK) opened at 0.0085 on Friday. Italk has a 52-week low of $0.009 and a 52-week high of $0.42. The stock has a 50-day moving average of $0.02 and a 200-day moving average of $0.05. The company’s market cap is $633K.

iTalk Inc, formerly Sopac Cellular Solutions Inc, is a development-stage company. The focuses on purchasing and reselling, wireless products and software solutions from a number of manufacturers and suppliers.

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