IVOC - Visual Telephone International Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : IVOC - Visual Telephone International

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DoubleOddBuck who wrote (3891)	5/17/1999 6:56:00 PM
From: Buendia	Read Replies (1) of 4815

Just spoke to Carl. He notes that shareholders of VTPI just had their stock go up in value by about four times (the market capitalization of VTPI before the merger was about $1,000,000, whereas the value of International Voice Technologies Corp. before the merger was estimated to be about $4,000,000)-- thus, the spin off of CRI (VTPI's existing visual telephone business) at a 1 to 4 ratio for existing VTPI shareholders. As to the press release error, the release was sent out and a correction followed, all before the market opened. The correction was simply not picked up by the wire service until later, after the initial press release. All on the up and up; but just one of those things. And as many have pointed out, if anyone bought in after the initial release and wanted out after the correction, they could have done so, at a profit. No harm, no foul folks! Congratulations to Carl and Joel and all VTPI shareholders (except Mikey)! Now goooo iVoice.com (IVOC)!!! Buendia

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next