Reverse Merger Hurricane Tech Company coming into IVOT
Fundamental Play .009
-Share Structure 51 mill o/s 48 mill shares in the float per TA (Fidelity Transfer Company) confirmed on 8/24.
IVOT is a fully reporting and they are going to merge with Prosperity Ventures at end of August 2007 which is ideal for IVOT as a hurricane play. This fact was in their recent 10QSB filing. Patented technology for their STRONGHOLD(TM) SYSTEM which is the first and only method for building screen enclosures that is proven to be 100% compliant to the Florida Building Code 2004 and Aluminum Design Manual 2005. Hurricane season is building!! Patent is below. http://www.box.net/shared/xoih5l2ec6
Any volume and this stock goes significantly higher. Stock is very thin right now to .001 and with any volume will easily knock out the 001's with higher levels to follow.
This is with a merger with Prosperity Ventures Highly undervalued considering the solid DD on the stock!
The transaction, which is subject to due diligence, the usual and customary conditions, and entering into a definitive agreement, is expected to close in August 2007. It is anticipated that Prosperity Ventures will merge into a wholly owned subsidiary of iVoice Technology.
Jude Kleila, founder of Prosperity Ventures, stated, "No one in the world understands the designing and engineering of screen enclosures better. We are providing a high tech solution to a mother nature problem."
The STRONGHOLD(TM) SYSTEM is the first and only method for building screen enclosures that is proven to be 100% compliant to the Florida Building Code 2004 and Aluminum Design Manual 2005. The STRONGHOLD(TM) SYSTEM inspired our development team to author a change to the Florida Building Code in December 2006. The STRONGHOLD(TM) SYSTEM has revolutionized the design and engineering of aluminum screen structures. With 3-D finite element analysis we can analyze the stresses placed on screen enclosures, all the way down to every 6 inches of every member, every connection and every screw or bolt used to put the enclosure together.
Prosperity Ventures and its staff are dedicated to exceeding the building standards and customer expectations through exceptional service and dedication to excellence. We strive to continue being on the cutting edge of research and development. Jerry Mahoney, CEO of iVoice Technology, remarked, "We are excited to be working with Prosperity Ventures." Mahoney added, "We continue to work to find and complete acquisitions that offer excellent growth potential, that are in viable and stable market segments and have management teams committed to success."
Email from transfer agent:
SHARE STRUCTURE CONFIRMATION Sent: Thursday, August 24, 2007 12:47 AM To: jocelyn@fidelitytransfer.com Subject: Re: Ivoice Technologies company totals
Total outstanding is now 51,609,767. Total float amount is 48,461,840. If you have any further questions, please contact me.
Thank you,
Jocelyn Warczak Fidelity Transfer Company Ph: (801) 484-7222 Fax: (801) 466-4122
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