To: skreiger who wrote (4513 ) 6/7/1999 7:30:00 PM From: Frank Brisebois Read Replies (1) | Respond to of 4815
ALL: Here is some interesting verbage from someone on the RB board who DID SOME IMPRESSIVE dd on IVOC: Frank ********************* POST #2522 By: jdell Reply To: 2489 by brianjenn Monday, 7 Jun 1999 at 2:03 PM EDT Post #2522 of 2599 Just got off the phone with Joel Beagleman, CFO, he said he is getting clarification as to the relationship of PEC and IVOC, and will know clearly within the next few days after he meets with principals. He said financials are being sent out to all shareholders which outlines the merger and the PEC link. PEC is a separate company that is owned by Suraj Tschand, a principal of IVOC. Most of the proprietary software of PEC has been transferred and is now owned by IVOC. Leo Pudlow, COO, a VP recently hired from Computer Associates, has some great plans for IVOC. Joel said he DID NOT see any BUBBLE BURST in the near future, as to dilution mentioned on SI, Joel said there is nothing to worry about! The letter that was posted this morning by Joel was in fact drafted by Joel and is totally factual! He said they are in the midst of MANY deals, one of 2 major ones should be available for release within the next 10 days. Marketing plan for 7.9 cents/minute is going great. He had to get off phone so I didn't have a chance to ask about the spin-off free shares. Will let you know if I hear anything else. Jay *********************** POST #2534 By: jdell Reply To: 2532 by 1550 Monday, 7 Jun 1999 at 2:42 PM EDT Post #2534 of 2599 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. *************************************************************** POST #2541 By: jdell Reply To: 2530 by ckb Monday, 7 Jun 1999 at 3:05 PM EDT Post #2541 of 2601 Just talked to Joel Beagelman, CFO, again. I took down his private line # when he called me. Jerald Beagelman is Joel's cousin, but he rarely even sees him (once a year at weddings), he said the SEC thing was years ago and it was settled and that Jerald sold "Packages Plus" and it is still in business today. Jerald has NO business dealings with Joel or IVOC. Joel said that he is tired of all the B.S. rumors going around started by Pickens. There is no negative surprises, no big dilution, he and Jerry MaHoney are going to build a $100M dollar company with the best software in the business. Jerry can be reached on extension 210 and by e-mail from the website. CRI shares will be issued of holders on 21 May 99 in about 3 months, SEC registration takes 60 days alone. News release within 10 days. Joel had back surgury last week, he is trying to catch up on calls, to many though to reach all. He willl call me tomorrow on details of PEC after his meeting with Jerry Mahoney. Jay *****************************