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great shake volume building back up. Most got shaken out. Should go now. only 30mill in volume today brought it down. But did 268mill in volume last two days. so losts of shares still held and in stronger hands
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The float should be about all churned threw. Check the chart looks like it is seTTing back up for a break. .0019 is the number to get threw
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iVoice Technology Enters into Letter of Intent to Acquire SoundSponge(R), Made From 100% Recycled Tires
Feb 5, 2008 06:05:01 (ET)
MATAWAN, N.J., Feb 05, 2008 (BUSINESS WIRE) -- iVoice Technology, Inc. (IVOT, Trade ) announced today that it signed a non-binding Letter of Intent to acquire Atire Technologies, Inc ("Atire Technologies"). iVoice Technology, Inc. ("iVoice Technology") previously was a wholly owned subsidiary of iVoice, Inc. (IVOI, Trade ) prior to the spin-off from iVoice that was completed in August 2005 as a special stock dividend distribution to iVoice shareholders. The transaction, which is subject to due diligence, the usual and customary conditions, and entering into a definitive agreement, is expected to close in May 2008. It is anticipated that Atire Technologies will merge into a wholly owned subsidiary of iVoice Technology.
Robert Williams, founder of Atire Technologies stated, "Our Company is built on the fundamental values of providing affordable superior quality products while contributing to a solution for the abundance of tires globally; we are part of the solution to an escalating environmental issue."
Atire Technologies was founded in 2005 by an HVAC contractor and his son. SoundSponge(R) (which is patent protected) is made from 100% recycled tires. We stand behind our products with a total satisfaction money back guarantee and invite everyone to become "Part of the Solution."
According to the EPA released Scrap Tire Cleanup Guidebook, released 6/8/06; "Large scrap tire stockpiles present a risk to human health and the environment for several reasons. They provide an ideal breeding ground for mosquitoes, which carry and transmit life-threatening diseases such as encephalitis, West Nile and Eastern Equine virus, and dengue fever in some regions. Stockpiles can also catch on fire as a result of lightning strikes, equipment malfunctions or arson. State, federal and local agencies have spent tens of millions of dollars over the past few decades responding to tire fires."
(Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
Jerry Mahoney, CEO of iVoice Technology, remarked, "We are excited to be working with Atire Technologies." Mahoney added, "We continue to work to find and complete acquisitions that offer excellent growth potential, that are in viable and stable market segments and have management teams committed to success."
About iVoice Technology, Inc.:
iVoice Technology, Inc., previously was a wholly owned subsidiary of iVoice, Inc. (IVOI, 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, Inc, Inc. was incorporated in New Jersey on November 10, 2004 as a wholly owned subsidiary of iVoice, Inc. iVoice Technology, Inc. designs, manufactures, and markets innovative Interactive Voice Response (IVR) applications and computer telephony communications systems.
Certain information included in this press release, may contain forward-looking statements about our current and expected performance trends, growth plans, business goals and other matters. These statements may be contained in our filings with the Securities and Exchange Commission, in our press releases, in other written communications, and in oral statements made by or with the approval of one of our authorized officers. Information set forth in this press release contains various "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. The Private Securities Litigation Reform Act of 1995 (the "Act") provides certain "safe harbor" provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
SOURCE: iVoice Technology, Inc.
iVoice Technology, Inc. Dolores Serafin, 1-732-441-7700
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iVoice, Inc., to Invest $1.3 Million in iVoice Technology, Inc.
Mar 12, 2008 06:07:01 (ET)
MATAWAN, N.J., Mar 12, 2008 (BUSINESS WIRE) -- iVoice, Inc. (IVOI, Trade ) ("iVoice"), announced today that it will invest $1.3 Million in iVoice Technology, Inc (OTC Bulletin Board IVOT) ("iVoice Technology") in the form of Series A 10% Secured Convertible Preferred Stock.
The iVoice board of directors has decided to provide $1.3 million dollars of funding for iVoice Technology to accomplish its business objectives in the future, including, but not limited to possible acquisitions by iVoice Technology.
Jerry Mahoney, CEO of iVoice said, "We're very pleased to assist iVoice Technology so that it may execute on its strategic business plan and improve shareholder value. This funding is basic to fulfilling iVoice Technology's commitment to realize its potential opportunities. Mahoney continued "We hope the investment will help iVoice Technology capitalize on the attractive investment opportunities that currently exist in today's turbulent economy."
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 spin-off previous wholly owned subsidiaries of iVoice to its shareholders by distributing shares of these subsidiaries in the form of a special dividend. To date, iVoice has successfully completed the spin-off of Trey Resources, Inc. (TYRIA, Trade ), iVoice Technology, Inc. (IVOT, Trade ), SpeechSwitch, Inc. (SSWC, Trade ) and Thomas Pharmaceuticals, Ltd. (TPHM, Trade ). 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 make financing more appealing to potential investors.
Certain information included in this press release, may contain forward-looking statements about our current and expected performance trends, growth plans, business goals and other matters. These statements may be contained in our filings with the Securities and Exchange Commission, in our press releases, in other written communications, and in oral statements made by or with the approval of one of our authorized officers. Information set forth in this press release contains various "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. The Private Securities Litigation Reform Act of 1995 (the "Act") provides certain "safe harbor" provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
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iVoice Technology, Inc. Improves Balance Sheet Through Loan Repayment of $691,000 Tuesday March 18, 6:04 am ET iVoice, Inc. Investment of $1.3 Million Into iVoice Technology, Inc., Provides Capital For Repayment
MATAWAN, N.J.--(BUSINESS WIRE)--iVoice Technology, Inc. (OTC Bulletin Board: IVOT - News), announced today that it has repaid approximately $691,000 in secured convertible debt to an institutional investor as a result of the capital infusion from iVoice Inc. (OTC Bulletin Board: IVOI - News)
This transaction leaves a balance of only $186,000 due to the institutional investor; with the investor agreeing not to convert into common stock any portion of the remaining debenture until after November 1, 2008, thereby allowing the Company to strengthen its position in the marketplace.
“We will continue to seek avenues to enhance the financial flexibility of the Company,” said iVoice Technology President and Chief Executive Officer Jerry Mahoney. “While still aggressively seeking exciting projects such as our recently announced non-binding Letter of Intent with Atire Technologies, Inc., developers of SoundSponge® (which is patent protected) and made from 100% recycled tires. With a strong balance sheet, we will pursue transactions that are likely to improve returns for shareholders.”
About iVoice Technology, Inc:
iVoice Technology, Inc., previously was a wholly owned subsidiary of iVoice, Inc. (OTCBB: IVOI - News) prior to the spin-off from iVoice that was completed in August 2005 as a special stock dividend distribution to iVoice shareholders. iVoice Technology, Inc. was incorporated in New Jersey on November 10, 2004 as a wholly owned subsidiary of iVoice, Inc. iVoice Technology, Inc. designs, manufactures, and markets innovative Interactive Voice Response (IVR) applications and computer telephony communications systems.
Certain information included in this press release, may contain forward-looking statements about our current and expected performance trends, growth plans, business goals and other matters. These statements may be contained in our filings with the Securities and Exchange Commission, in our press releases, in other written communications, and in oral statements made by or with the approval of one of our authorized officers. Information set forth in this press release contains various "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. The Private Securities Litigation Reform Act of 1995 (the "Act") provides certain "safe harbor" provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
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