MATAWAN, N.J., Mar 30, 2006 (BUSINESS WIRE) -- iVoice, Inc (OTCBB: IVOC) announced today that it has entered into a Letter of Intent to acquire microMEDIA Imaging Systems, a document imaging and scanning service company whose capabilities include indexing and online document hosting.
The transaction, which is subject to due diligence and the usual and customary conditions, is expected to close in June.
microMEDIA has completed document scanning projects from paper, microfilm and microfiche since 1987. The company integrates existing databases with files kept in paper, microfilm, microfiche and aperture cards. Most of its large conversion projects are conducted onsite at customers' facilities.
Jerry Mahoney, CEO of iVoice, remarked, "We are committed to expanding microMEDIA, expanding its marketing program and geographic reach, and assisting it in offering an expanded range of services. We expect to be in a position to acquire a number of these companies over the next year, and are excited about the prospects of building a very large company."
Joseph Wise, President of microMEDIA, stated, "We entered into this transaction because we want to the company to be part of a large, profitable, high-quality firm. iVoice's acquisition program and financial capabilities will allow us to realize our maximum potential. We look forward to becoming part of the iVoice team as we embark on a mission to create a dynamic success story that rewards both shareholders and employees."
About iVoice, Inc.
iVoice has determined that the best way to create shareholder value, separate and apart from the operating performance of iVoice, is to implement new business opportunities by distributing shares of spin-offs to the Company's shareholders. The common stock distributions are part of a broader strategy relating to the transition of iVoice into a company focused on the development and licensing of proprietary technologies. We also continue to search for potential merger candidates with or without compatible technology and products, which management feels may offer long term growth prospects to increase shareholder value. For more information, contact CEO Jerry Mahoney at (732) 441 7700 or by e-mail at jerrym*ivoice.com.
Posted by Hold-em-er-fold-em on :
This chart looks prime for a run!
Posted by matto on :
Yes it does!!!
Posted by Opethian on :
you think it would be too late to get in at the open?
Posted by Hold-em-er-fold-em on :
Matto, What's the volume been like on this one? I have not been watching this in a while.
Posted by Hold-em-er-fold-em on :
Nevermind I got it about 70 mill
Posted by matto on :
No thats when i am going!
Posted by Opethian on :
alright man I follow you Posted by BlindMellonChitlin on :
Tomorrow is the meeting where the R/S , dividend and buyback will be discussed and voted on. Today may be the last 'cheap' price before the action starts.
Posted by fsr63 on :
Where are you all gonna try to buy in at??
Posted by Opethian on :
Matto do you think this could run today or in a few days? here's the deal, I have $10k sitting in a long term stock that isn't moving, I would take $5k out of there and invest it in a stock that moves today, and then buy more shares of the long term stock with today's gains, and I'm looking at what the hot stocks are. I've made nice cash with IVOC in the past (remember the run up to 0.0048 a couple months ago??) and Im not experienced enough to know if THIS pr will set things moving TODAY. Sure people will say "you want to get rich too fast" but I've seen your stock picks and they're excellent, so i KNOW it's possible to make nice gains in a short time Thanks
Posted by Stockstar69 on :
I'm in, been in and riding in anticipation. This one could be another GWGO. R/S, dividends, multiple press releases. I tend to agree w/blindmelon as this may be the last time to get this at a cheap price.
Posted by matto on :
we will fly, im going to give you all the plays today, advc,ivoc,dmoi enjoy
Posted by Chris4205 on :
Good to see you back Matto
Posted by fsr63 on :
Matto, you are the man!!!! Thank you for the pics!!!
Posted by matto on :
in and out my friend i have extra time today!!! firured i would through out some bones. lol gl
Posted by BlindMellonChitlin on :
I sold my million and made a few bucks. Today I'm buying it back at a lower pps. My gut feeling is that IVOC's past performance is indicative of a good future. The R/S might even be part of a plan to make a move to a more important venue. (just speculation)
I've been in IVOC since before the spin off stocks and so far don't have any reason to believe they won't continue treating their shareholders in a very positive manner.
At least their PR's are real and meaningful.
Posted by matto on :
in and out for me!
Posted by Hold-em-er-fold-em on :
ADVC also has nice looking technicals! RSI siting right in the 50's , and stochastics are showing this baby oversold! I will watch this one as well! Good picks Matto
Posted by Hold-em-er-fold-em on :
Another one im watching right now is FNIX!
Posted by Mack on :
whats the current O/S
Fiscal Year End: December 31
Outstanding Shares: 1,346,766,232 as of 2003-05-06
Posted by Wino Ph.D. on :
What does premarket look like? L2s
Posted by njs300zx on :
quote:Originally posted by matto: we will fly, im going to give you all the plays today, advc,ivoc,dmoi enjoy
Matto how do you do it. YOU ARE THE MAN!!!!!!!!
Posted by matto on :
Nice day!!!!
Posted by matto on :
41% weeeeee
Posted by Browndog on :
Thanks Matto. Got in at .0013, out at .0016 for a quick buck. That's how I like to start my morning.
Posted by matto on :
great job thats the way to do it! imo
Posted by cottonjim on :
Alright boys, i'm in at 15, I hope I didn't miss the bus. Thanks Matto.
Posted by Wino Ph.D. on :
Me too CJ. Chart looks good for a continued run up. Hopefully it will repeat it's end of Feb bump.
Posted by QBID'n on :
Out! ...thanks again Matto Posted by cottonjim on :
Lots of bashers on other boards, interesting, what say you?
Posted by Wino Ph.D. on :
They have a shareholders meeting tommorrow that outcome my have something to do with the bashers. Maybe they're trying to get cheap shares?
good job guys, I had my money tied up but I love when matto comes on here to help us out, too bad hes not have that much anymore but I look foward to the next one matto. More props to matto!
41%? wow, would have loved that, toss in a grand get a nice $410, dont get caught holding bags fellas, pigs get slaughterd.. matto comes here, gets us a nice run and u have to be sure to get rid of it on the way up. Dont love these stocks..
JMO
Matto, come back next week, Ill have at least a grand free for your next runner !
Posted by Hiker on :
She's downhill now boys....sell sell sell.
Posted by sportsguy on :
I'm not in, just watching, but this looks like it might rebound and go back up again. Anyone else think so?
Posted by mr money on :
This stock will be having a 200 to 1 reverse split any day now. Becareful!!
Posted by BlindMellonChitlin on :
That RS is also in conjunction with a dividend and a stock buyback. I'm in for a million and will wait for the goodies.
Posted by Wino Ph.D. on :
Yes BMC I agree that the RS looks to be a good thing in the case of this company, see my link above. Also the charts look good for this to do well in the near future.
Posted by Bottomliner on :
We should see a PR soon outlining the results of the shareholder meeting held on March 31.
Posted by BlindMellonChitlin on :
Yep...been in this one for about 4 years. IVOC has been good to me. Sold over a million when it popped and just bought a million back. Just waiting for the goodies.
Posted by pgolden on :
this stock should make a run relatively soon....pr should make this one run....still a divy out there yet i believe....
Posted by Stockstar69 on :
Yep, divy and 1 for 200 reverse stock split (and a stock buyback I think).
Posted by BlindMellonChitlin on :
Lets all concentrate and get them to post a PR about the meeting and upcoming events!
Posted by Wino Ph.D. on :
Have you contacted them yet BMC?
Posted by BlindMellonChitlin on :
Nope. I'll just wait for some news..... I'm in until after the RS and divy.
Posted by Wino Ph.D. on :
I just sent them an email, we'll see what they say. I'll post the response as soon as I get it.
Posted by Stockstar69 on :
I bought more yesterday. They have good news coming in the near future.
Posted by BlindMellonChitlin on :
We pretty much know what the news will be...just waiting for a formal announcement.
Posted by Stockstar69 on :
Yep...this is almost like GWGO. Everyone know what's going to happen but are waiting to see the news in black in white before they buy more. Odd, I'd think you want to buy more before the sheep jump in.
Posted by Wino Ph.D. on :
Hi All, So I sent IVOC an email the other day, here it is:
Dear Ivoice, I'm a shareholder writing you to get an update of the results from the shareholder meeting March 31,2006. I would specifically like to know the voting results of the three proposals regarding dividend and buyback. If the results can not yet be released can you provide a tentative date for the release of this information. I appreciate any information you can give me. Thank you for your atttention to these matters.
Here's the reponse I got from them today:
We will be releasing information within the next 10 days.
Looks like another week or so until they announce the details.
Posted by cottonjim on :
Thanks for the DD Doc. I can wait.
Posted by BlindMellonChitlin on :
Sounds reasonable. I'll take it. IVOC has been good to me in the past and I expect that will continue into the future.
Posted by Stockstar69 on :
Thanks Wino!
Posted by racjis on :
10 days come and gone.
Posted by Stockstar69 on :
Waiting patiently...
Posted by Wino Ph.D. on :
I'm assuming they meant 10 business days, which gives them until tomorrow I believe.
Posted by Pincher47 on :
iVoice Technology Announces Management Team Returns From China Trip
April 20, 2006 09:34:16 (ET)
MATAWAN, N.J., Apr 20, 2006 (BUSINESS WIRE) -- iVoice Technology, Inc. (IVOT, Trade) announced today that its management team has returned from a recent trip to China where they reviewed several different potential business transactions and acquisitions for the company. iVoice Technology, previously was a wholly owned subsidiary of iVoice, Inc. (IVOC, Trade) prior to the spin-off from iVoice that was completed in August 2005 as a special stock dividend distribution to iVoice shareholders.
Jerry Mahoney, Chairman of iVoice Technology, and Mark Meller, the company's CEO, are also the Chairman and CEO, respectively, of Deep Field Technologies (OTCBB"DPFD"). Deep Field has recently announced that it will enter into a share exchange agreement with Beijing Sino-US Jinche Yingang Auto Technological Services Ltd. ("AutoMart"), the premier automobile after Service Company in Beijing, China. AutoMart is a China based joint venture recently formed between Beijing Silver Harbor Car Service Center and Mayflower Auto Group, LLC.
Mr. Mahoney stated, "We are committed to maximizing shareholder value for iVoice Technology. Towards that end, we are reviewing a series of transactions which, if successful, we believe will represent significant opportunities for the company."
Mr. Meller remarked, "China is a dynamic economic force, and we think a market opportunity exists there for iVoice Technology. The relationships we've been able to establish in China have helped us to generate significant deal flow. We hope to be in a position to enter into a transaction there very shortly."
About iVoice Technology
iVoice Technology, previously was a wholly owned subsidiary of iVoice, Inc. (IVOC, Trade) prior to the spin-off from iVoice that was completed in August 2005 as a special stock dividend distribution to iVoice shareholders. iVoice Technology is a development stage company that develops markets and licenses an interactive voice recognition ("IVR") line of computerized telephony software. iVoice Technology may seek to expand its operations through additional sales and marketing activity and the acquisition of additional businesses. Any potential acquired additional businesses may be outside the current field of operations of iVoice Technology. For more information, contact iVoice Technology CEO Mark Meller at (732) 441-7700 or by e-mail at meller*ivoicetechnology.com or Jerry Mahoney at jerrym* ivoicetechnology.com.
his news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to MM2 Group, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.
Posted by cottonjim on :
Not exactly the news I was waiting for but................ well, not what I expected.
Posted by Wino Ph.D. on :
That's all good but they still owe us a PR from the shareholders meeting.
Posted by Stockstar69 on :
yes...they owe us information on the originally reported: 1) 1.5 million dollar dividend disbursement and 2) the 1 for 200 reverse stock split and 3) the stock buy back program. I have this information from 3/1/06 when I originally read about this stock and got in it.
Lets go IVOC !
Posted by cottonjim on :
Does anyone have any new information on IVOC. I am still holding, pending R/S buy back. I can't find anything. Before I e-mail the Co. I want to see if anyone has heard anything.
Posted by js49886 on :
Nope. Anyone else email them lately?
Posted by Wino Ph.D. on :
No, I was also thinking about contacting them since they told me they would release news in 10 days and it should have been out by last Thurs.
Ok, while I was typing this message I decided to send them an email. I'll post here when I hear from them.
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