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Microcap & Penny Stocks : IVOC - Visual Telephone International -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (4357)5/26/1999 3:48:00 PM
From: InOverMyHead  Respond to of 4815
 
To the best of my knowledge, I cannot recall, Mr. Senator. Oops, sorry!! I was daydreaming that I was being questioned on Whitewater.

Anyways, I believe the PR stated that shares as of May 21st receive the free shares.

IOMH



To: 2MAR$ who wrote (4357)5/26/1999 3:48:00 PM
From: spy hard  Read Replies (5) | Respond to of 4815
 
From RB:
By: alsmom
Reply To: None Wednesday, 26 May 1999 at 3:04 PM EDT
Post # of 3513


HI EVERYONE!!! Info from IR!!!
Just talked with Gary Kay from IR at iVoice.com!! Wow, are they excited. He said they had over 1000 calls, so if you're one of them, hang tight, it's taking them a while to get through to everyone.

1. Projected revenues on the ADP contract cannot be disclosed due to the fact ADP doesn't allow their vendors to disclose that info. He recommended I call ADP and see if they would provide the info.

2. Fully reporting to SEC:
They currently have certified financials and the final paperwork should be ready in about two weeks (don't hold them to this!!). At that time, they will file their financials with SEC to be fully reporting. He said they are on the "fast track" to get all this done.

3. CRI:
In order to receive free shares in CRI you had to have bought your VTPI shares NLT 5-18-99 (Sorry). They have filed for symbol, and trading permission about a week ago. Due to the holiday Monday, it may take another 7-8 business days from today.

Value of CRI:
He said that the MMs will determine the opening price of the stock on the first day of its trading, and supply and demand will take it from there. I asked if they would set it at the same price as VTPI and he said it's possible but he wouldn't even venture a guess at this point.

4. Filing for NASDAQ: Yes, probably at the same time that they file their financials as fully reporting with SEC.

5. Earnings and revenues:
Not allowed to disclose until financials have been officially released. Optimistic about the future and said the President would be coming forth with projections once they get everything else in order.

6. IVOC ticker change:
Same as CRI. Another week to ten days.

7. Next PR release:
Not allowed to disclose. Considered insider information, but should be VERY SOON!

8. Fiscal year/quarters:
They are using the calendar year as fiscal year. 2nd quarter end will be 6-30-99.

9. BIG STUFF
He kept reaffirming that iVoice.com is very shareholder oriented and will be very forthcoming with news and events (lots of PRs). He also stated that the owners are VERY YOUNG (most under or around 40) and have a lot of vision for expanding the company and making it successful.

10. Investment bankers:
They are currently interviewing a number of investment bankers so if you know of a good one that is on the East coast, have them give VTPI a call at 732-441-7700. They have had three calls just today from interested investment bankers and are trying to find one that best fits their needs. They are interviewing one from Florida on Friday (he's flying up to visit them).

Well, I hope this makes everyone feel a bit better. I know I do (not that I ever felt actually bad)!! Good luck!

(Voluntary Disclosure: Position- Long)





To: 2MAR$ who wrote (4357)5/26/1999 3:54:00 PM
From: Cavewoman  Read Replies (1) | Respond to of 4815
 
This is a copy of the E-Mail I received this AM from Carl. It also includes my questions. Should clear up any questions about the CRI shares.

At 11:53 PM 5/25/99 -0400, you wrote:
>I own 3000 shares of VTPI. I have owned them since about February so am
clear owner as of May 21.There are other questions about that date too.
Some people are not sure if they just bought in on Friday the 21st if that
counts toward the CRI shares since it takes 3 days for the transaction to
clear. Or is they missed the boat and should have bought by the 18th.

If a person holds stock in VTPI as the closing of Friday, May 21, 1999,
regardless if they owened it for three years or three minutes, they get the
distribution.

>Now, when all is said and done.....
>Will I have 3000 shares of IVOC that used to be VTPI? AND 750 shares of
CRI (or whatever symbol is used)? I think that is one of the main concerns.

Exactly! You get 3000 shares of iVoice.com and 750 shares of CRI!

Carl R. Ceragno