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To: Menion who wrote (13422)5/17/1999 10:48:00 AM
From: DoubleOddBuck  Respond to of 15987
 
The PR is not written very well...

""On or before the closing, VTPI, the surviving company after the merger, will change its name to iVOICE.COM., INC. (IVOC). The closing is scheduled for Friday, May 21, 1999.

COMMUNICATIONS RESEARCH, INC. (CRI), VTPI's wholly-owned subsidiary, will become a separate and autonomous publicly-traded entity and will distribute one share of its stock (to all shareholders of record as of the closing date) for every four shares of VTPI. Both CRI and IVT will market the Visual EZ II line of products""

VTPI becomes IVOC
CRI gets spun off, holders of VTPI get 1 for 4 in the Spinoff

Thats the way I read it..



To: Menion who wrote (13422)5/17/1999 10:55:00 AM
From: DoubleOddBuck  Respond to of 15987
 
Ok, Got it cleared up....

I spoke to Carl Ceragno

VTPI gets exchanged 1 for 1 into IVOC

+++ PLUS +++

For every 4 VTPI, you get 1 CRI

THis guy was kinda flabergasted that I never heard about him before, says " Of the Internationally Famous Ceragno's "

Maybe Somebody so internationally famous could hire somebody to write a PR so peons like me can understand it..... < Grin >