Getting cheap!

Very disappointed to say the least! Dont update version 4.6.6 - unless you want to pay a price for your "Lite" Version!
I was behind updating my Italk version by 2 releases, and when I updated ALL my Apps at once, I couldnt read any details of the changes to come as the updates were automatic.
I have had the lite version of this app for a long time with NO issues but soon discovered that they programmed the new version 4.6.6 to lock you out until you upgrade to their Premium service.
The charge is $1.99 - not much but unfair business practice! I believe there is a term for this type of thing, and I dont know why Apple doesnt have more rules in place to regulate it! As of now, Im locked out-unable to access the recordings I often refer to!

R. G. H. about iTalk Recorder, v4.6.7