Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Epics who wrote (4507)	6/7/1999 9:39:00 AM
From: James A. Cole Jr.	Read Replies (1) \| Respond to of 4815

Subj: CLARIFICATION OF SLANDER Date: 99-06-06 23:45:39 EDT From: Vistele 1. Visual Telephone (VTPI) was never a subject of SEC concern. 2. Mac Beagelman (my uncle) was employed by VTPI for a short time (late 1996 through early 1997) after Visual Telephone of NJ acquired Communications Research, Inc. (CRI) in July, 1996. His job was to help the new company, Visual Telephone International, Inc., raise capital for expansion. 3. During Mac's short stay,he introduced VTPI to Michael Pickens, son of T.Boone Pickens, the wealthy oilman of the 60's - the person who owned a large stake in Mesa Petroleum. 4. Michael Pickens came to New Jersey to do Due Diligence on VTPI and afterwards bought $500,000 worth of stock which he personally guaranteed and signed promissory notes to be paid at $25,000 per week. He defaulted after two weeks. VTPI began a suit against Michael Pickens for default and damges to the company. This suit is still ongoing and has been assigned to Communications Research, Inc. (CRI), and any funds recovered shall go to all shareholders of record the day of the default. 5. Michael Pickens has been using the Internet for the past year and a half under at least 20 various aliases disparaging VTPI and all individuals connected to the company. 6. After being employed by VTPI for only a few months, the company asked for, and Mac Beagelman accepted, his resignation (April, 1997). 7. Joel Beagelman, was President of VTPI and is prsently CFO of i.Voice.Com. (IVOC), and was never involved with any SEC investigation either to himself or Visual Telephone Interntional (VTPI). 8. Any problems and/or circumstances my uncle encountered was when he was employed by a company called IntermediaNet (BNET) prior to his employment at Visual Telephone International. Joel Beagelman, CFO, iVoice.com, Inc.