$tacks Upon $tacks Of Moolah

[questsolver]

I called the IR dept. Curt confirmed many of the rumors being posted around here lately:

1. Debt free

2. $8MM in cash- probably for acquisitions

3. doubling revenues this quarter from 1.25 MM to 3MM, and then 5MM next Q

4. no restricted shares O/S

5. Mahoney nearly done dumping his $2.4MM worth of shares to pay himself back for the $2.4MM he lent to IVOC.

6. International patent nearly complete- but he said that international patents usually take longer than domestic patents.

7. IVOC will beat the competition to the international market by 6 months at least, and has a better version of the competitors 'talking pill bottle' because the competitors version requires the pharmacist to enter in the bottle instructions manually, whereas IVOCs will automatically come programed.

* I wonder why with all this good news that IVOC doesn't make a PR confirming it all? I think that if they did the reaction would be explosive. Moreover, I wonder why Mahoney is continuing to sell his shares when a PR of this good news, and upon the completion of the international patent, would almost certainly greatly increase the PPS? That makes no sense to me unless Mahoney doesn't want to stand in the way of the potential run if this news was made available in a PR.

posted by Matt on IVOC board,all this I also have been telling you because I too like many other have been in constant contact with them,this sub is going to launch when least expected.

cut down on med errors (use IVOC tech)
NASHVILLE, Tenn. (Reuters) - President Bush, taking on Democrat John Kerry over health issues, pitched a plan on Thursday to expand the use of technology in medicine -- including a cure for doctors' illegible handwriting.

Bush touted a goal of storing most Americans' medical records in electronic form within 10 years, saying that would reduce paperwork costs and cut down on medical errors.

"Docs are still spending a lot of time writing things on paper. And sometimes it's difficult to read their handwriting," Bush told an audience at Vanderbilt University in the election battleground state of Tennessee.

"Sometimes information gets lost. Sometimes people inadvertently prescribe the wrong drug," he added. "So the fundamental question is: how do we use technology, how do we modernize health care? That's what we're talking about."

In a summary of Bush's health technology initiative, the administration said it was earmarking $100 million toward the effort in the fiscal year 2005 budget, which it said would double funding compared to the year before.
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=5280830&src=eDialog/GetContent...