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stockanalyst23

07/03/08 9:25 AM

#3135 RE: stockanalyst23 #3107

My take on The R/S is that it is a good thing in this case, although it took me by suprise. Reducing the o/s makes it much more attractive shell with 1 million shares vs. 400 million. Remember IVCM has no viable business. The value is in the shell. THE R/S HERE WILL LEAD TO MORE SHAREHOLDER VALUE IF AND WHEN A MERGER TAKES PLACE. IMO THAT IS THE DIRECTION THIS IS GOING. THERE IS NO OTHER REASON I SEE TO DO THIS R/S. THERE ARE STOCKS OUT THERE WILL BILLIONS OF SHARES TRADING THAT MOST OF THE BASHERS ON THIS BOARD OWN. AFTER THE R/S THERE WILL BE A MILLION SHARE SHELL.


SCHEDULE 14C (RULE 14C-101)

An amendment to our Certificate of Incorporation to effect a 1-for-400 reverse stock split of IVI Communications, Inc.’s outstanding common stock.

PROPOSAL 1

ONE FOR FOUR HUNDRED REVERSE SPLIT

On June *, 2008 the majority stockholders of the Company authorized a reverse stock split pursuant to which 399,999,991 currently outstanding shares of Common Stock (the "Old Shares") would be automatically converted into approximately 1,000,000 shares of Common Stock (the "New Shares").The reason for the reverse stock split is to increase the per share stock price. The Company believes that if it is successful in maintaining a higher stock price, the stock will generate greater interest among professional investors and institutions. If the Company is successful in generating interest among such entities, it is anticipated that the shares of its Common Stock would have greater liquidity and a stronger investor base.

The reverse stock split will not alter any shareholder's percentage interest in the Company's equity, except to the extent that the reverse stock split results in any of the Company's shareholders owning a fractional share. No fractional shares shall be issued. Any shareholder who beneficially owns a fractional share of the Company's Common Stock after the reverse stock split, will receive an additional share in lieu of such fractional share. The principal effects of the reverse stock split will be that the number of shares of Common Stock issued and outstanding will be reduced from 399,999,991 to approximately 1,000,000.