posted
Agree on IVOI it has a nice bottom chart and money flow could easily transfer from IVOT with around 258M OS (can't find the float) great potential here.
Posts: 660 | From: california | Registered: Nov 2005
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posted
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.
posted
iVoice Redeems $4.8 Million in Secured Debenture Notes, Improves Balance
May 14, 2008 07:06:01 (ET)
MATAWAN, N.J., May 14, 2008 (BUSINESS WIRE) -- iVoice, Inc. (IVOI, Trade ) announced today that it has redeemed $4,796,510.00 million in Secured Convertible Debenture Notes that were previously issued to Cornell Capital Partners, LP. After repayment, there is currently $1,250,000.00 million plus accrued interest outstanding.
"We believe the redemption eliminates expensive debt that had the potential to be dilutive to shareholders," said Jerry Mahoney, CEO of iVoice. "The repayment of this debt improves our balance sheet and reduces an overhang in our stock."
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. (OTCBB: TYRIA - News), iVoice Technology, Inc. (OTCBB: IVOT - News), SpeechSwitch, Inc. (OTCBB: SSWC - News) and Thomas Pharmaceuticals, Ltd. (OTCBB: TPHM - News). 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.
posted
People are chattering about a big end of day run on this. Seems to be held down at this point. I'm in big at .0003.
Posts: 166 | Registered: Dec 2003
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posted
They are talking at Ihub. I agree that a bunch of people are stuck in the .0005 range that bought in earlier. I got 6.5 million filled at .0003 earlier and will wait it out. I do think there will be a run later today. Not to where other people are talking (.001) but I wouldn't mind that at all!!!
Posts: 166 | Registered: Dec 2003
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posted
There is definitely tons of buying going on at .0004 and there were fills at .0005 this morning.
I hope it will dip back to .0003 briefly that my order gets filled.
I am totally fine with HOD at .0005 or .0006 for a nice flip, but will party big when it reaches .001 Posts: 274 | From: Germantown, MD | Registered: Sep 2005
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posted
We may have seen the bottom here. Over 95% of trading yesterday was at the ASK of .0003. Could be ready for a run.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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