I called the IR dept. Curt confirmed many of the rumors being posted around here lately:

1. Debt free

2. $8MM in cash- probably for acquisitions

3. doubling revenues this quarter from 1.25 MM to 3MM, and then 5MM next Q

4. no restricted shares O/S

5. Mahoney nearly done dumping his $2.4MM worth of shares to pay himself back for the $2.4MM he lent to IVOC.

6. International patent nearly complete- but he said that international patents usually take longer than domestic patents.

7. IVOC will beat the competition to the international market by 6 months at least, and has a better version of the competitors 'talking pill bottle' because the competitors version requires the pharmacist to enter in the bottle instructions manually, whereas IVOCs will automatically come programed.

* I wonder why with all this good news that IVOC doesn't make a PR confirming it all? I think that if they did the reaction would be explosive. Moreover, I wonder why Mahoney is continuing to sell his shares when a PR of this good news, and upon the completion of the international patent, would almost certainly greatly increase the PPS? That makes no sense to me unless Mahoney doesn't want to stand in the way of the potential run if this news was made available in a PR.

Total Cash (mrq): 4.51M
Total Cash Per Share (mrq): 0
Total Debt (mrq)²: 140.00K

Do the numbers indicate that there is little chance of a reverse split in the near future?

It seems to be a given sooner or later.

My gut feeling is ... get out quickly if this goes above .01 or so.

Opinions?

[This message has been edited by BlindMellonChitlin (edited June 04, 2004).]

fter watching and reviewing this stock I have decided to invest. Accumulated 2 million shares @ .0014.

The 5 billion share count is a non issue. They were succesfull at paying off all debt. This means the debt holders understand the value of the product and managements ability enough to accept shares instead of cash. This is rare in penny land. They are awash in cash with very little debt. Their product is almost a comodity, but is better and cheaper than other applications. Any product that can reduce labor costs like this one will be accepted by Customer Service depts and purchased to improve bottom lines. This is very important in IT these days whereby a purchase must show a return before approved by CFO's.

The big share float will likely go thru a reverse split in the future if cashflow really exceeds 5 million in Q4. Even with a 100 to 500 to 1 reverse split the share price should hold up well, especially if the revenues continue to climb. Again, if the MBA's and accountants lending them the cash understood the uderlying value of the company well enough to accept shares to pay off debt there must be a lot of potentail in the future of the stock price.

The PPS is trading near the bottom. If a person can accumulate here they will not be dissapointed. This company is being managed the way I would manage a company. Low debt, internal sales dept, better product than competitors, big cash position, and a product that will improve the bottom line for some one else.

The sell off by John Muloney is a non issue. He needs his cash for other reasons and is probably seeing a big enough return to accept the sells.

The PPS will probably fluctuate between .0012 and .0015 for the meantime, unless a major customer is announced. This is a buy and hold deal, not a day trade.

If you thing TALL was a good thing, then take a long look at this stock. I think it beats Acivecore hands down for these reasons:
1. They beat all competitors on price and flexibilty for the product. Activecore may be good, but I do not see any price or flexibility advantages over the competitors.
2. Will show immediate return on investment by cos that purchase
3. No debt and lots of cash
4. Inneroperability without haveing to purchase hardware makes it a viable produt to any company with a customer service dept, meaning lots more potential customers than Activecore may have.
5. It's a very cheap stock and 1million shares will only cost you 1200 to 1500 dollars.

Hope these meanderings invite comments from the board.

iVoice Announces Return of $1.3 million to Institutional Investor, Reduction in Convertible Debt Eases Additional Dilution
Wednesday June 23, 8:00 am ET

MATAWAN, N.J., June 23, 2004 (PRIMEZONE) -- iVoice, Inc. (OTC BB:IVOC.OB - News), a leader in speech recognition technology, announced today that the Company reduced its convertible debt by $1.3 million by returning the funds to an institutional investor.
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Upon review of the Company's financial resources and available strategic business opportunities, management determined that the Company currently has sufficient financial resources available in the near term to take advantage of these strategic business opportunities. Accordingly, since these funds are not immediately necessary, rather than paying interest on the $1.3 million convertible debt and creating additional share dilution, the Company has instead returned these funds to the investor, thereby reducing the Company's outstanding convertible debt and available cash balances.

The Company's still has a strong cash position with adequate financial resources to fund the Company's cash requirements for the foreseeable future. The remaining cash balances will be used to for general working capital needs, financing future growth, strategic acquisitions and possible investments in other companies. The Company is still on track to close the investment in a Texas based Merchant Banking Company that was previously announced and expects to be able to release further news on this transaction in the near future.

iVoice, Inc. Closes Investment in Corporate Strategies, Inc.
Wednesday June 30, 8:00 am ET

MATAWAN, N.J., June 30, 2004 (PRIMEZONE) -- iVoice, Inc. (OTC BB:IVOC.OB - News), a leader in speech recognition technology, announced today that the Company has invested a total of $750,000 in Corporate Strategies, Inc., a merchant banking firm located in Houston, Texas.

Corporate Strategies is a diversified financial services organization, which is involved in accounts receivable factoring, mortgage lending, oil and gas investments, and assorted other financial transactions. Corporate Strategies had sales in excess of $1.7 million in 2003, and pre-tax income in excess of $130,000.00.

The investment was in the form of common stock and convertible debt. Corporate Strategies is obligated to register the securities purchased by iVoice within the coming 12 months. Jerry Mahoney, CEO of iVoice, said, ``Corporate Strategies is led by Tim Connolly, a merchant banker with over 25 years experience in small company corporate finance. We have a great deal of confidence in his ability to wisely utilize the capital invested to realize the great potential of Corporate Strategies and thereby maximize the return for all the shareholders of Corporate Strategies, ourselves included.''

Tim Connolly, CEO of Corporate Strategies, added, ``iVoice's confidence and capital provides us with new resources to finance small business growth throughout the USA. We are excited to have iVoice as new equity owners in Corporate Strategies as we begin our new phase of aggressive growth.''

IVoice, which has previously announced that it has $7.3 million of cash available on its balance sheet, continues to have a strong cash position with ample financial resources to fund the Company's cash requirements for additional opportunities. The cash will be used for general working capital needs, financing future growth, strategic acquisitions and possible investments in other companies.

About iVoice, Inc.

iVoice, Inc. designs, manufacturers and markets innovative voice and telephony communications systems for businesses and corporate department Interactive Voice Response (IVR) products developed by iVoice allowed in PC databases to be accessed via voice or from a standard touch-tone telephone. The products are designed to be simple for the end user cohesive system to access messaging systems using your voice.

About Corporate Strategies, Inc. Merchant Bankers

Corporate Strategies is a Merchant Bank in the traditional European sense of the word. As the term has evolved from the 15th Century to today, Merchant Banking describes an enterprise that not only finances a company's product or service, but also assists in developing a comprehensive business strategy. Corporate Strategies is comprised of seasoned executives with extensive experience in merchant banking, including business development and strategy, mortgage lending, public and private company corporate finance, capital markets research, human resources, due diligence and transaction execution. We provide consulting services, working capital financing, and in select cases, we make direct equity investments in our client companies.