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It does show that IVOI has been dissolved though and it does show up in Nevada...I wonder why it shows up in that state???
Looking in the wrong place...it's not Nevada...it would be in New Jersey.
iVOICE technologies not iVOICE,Inc
Spun off in 2005
iVoice is a NJ company
Did liberty get the hydrastack yet? I am betting NO.
So i guess IVOI lies in their documents? So please provide the link to the page where ARSC or HYDRA say anything about the CSA certification being the primary one they are finishing first. It makes sense because Canada's economy is doing well and a good place to start selling units and i beleive it can be accepted here as well. I havent seen anything that said the exact certificaiton they were going after. All i have seen in PRs or SEC docs of ARSC is in the certification process but i dont remember it ever saying testing for CSA certification.
Thanks!
That's the same wording from the web page that hasn't been updated since 2007
LMAO!!!
Seems to me they do. Also appears IVOI does as well, i.e. the reverse merger where HYDRA takes IVOI over. All in the SEC IVOI 14C document.
Hydra has developed a highly efficient, mass producible hydrogen fuel cell, the HydraStax®, which has advanced the state-of-the-art of hydrogen fuel cell electric generators. The HydraStax® is currently in the certification process with Canadian Safety Association International.
Source: IVOI 14C document
Just another penny, Is there really a product? Has one been delivered to Liberty? I am wondering if I will live long enough to make some$$$
nice paint at end of day. most trades below .0001. LOL
Really? I see alot of companies doing well without SEC documents that dont even have a product. What's funny to me alot of companies that are reporting in bigger markets are just as shady and untrustworthy as ones not reporting they just have alot more money to play the game better.
Pennies don't follow charts- run more on keeping financials current and living up to promises they make to shareholders
IMO of course
really, 51 dollars with a company that has 6.5Billion shares and no product? not manipulation? More 2's have been traded by ARSC over since the ARSC PR.
IVOI will soon be ran by ARSC management.
51 dollars traded at the ask , not sold at the bid!
51 dollars traded on IVOI today WOW!
Where did you get the info about ARSC R/S ???
This is just his opinion not fact guys
Million four all buys at the ask today
Up 100%
The potential merger partner had
80% sold at the bid
Seems the money is flowing from ARSC and being put here
Lot of shares being dumped over there!
A/S is all used- R/S will be coming soon to ARSC- that's why they are leaving any coming over here!!!
uhh, the facts that back up my opinion are in the post from the IVOI 14C and ARSC's PR.
Looks like others agree. IVOI volume dead in the water.
so your R/S speculation is based on your opinion and not facts?
lets just say a R/S is going to happen based on common sense for the share price to be between .08 to .16 cents. This is from the ARSC PR about for every 150 shares of ARSC you get 1 of HYDRA.
PLUS...
FROM 14C REVISED:
Background of the Merger
As part of our ongoing evaluation of the business, the management reviewed possible strategic directions for iVoice in light of our financial performance, developments in the industry, and the competitive markets in which we operate. During this period, management and the board of directors also addressed possible strategic and restructuring alternatives, including acquisitions, a sale or strategic merger of iVoice, the sale of certain assets of iVoice, capital formation or other investment transactions, and continuing operations on a standalone basis. Given the challenging environment facing iVoice, including its lack of operating profit and liquidity constraints, the board of directors discussed strategic and restructuring alternatives at substantially all of its meetings over the six months, including considering whether to remain a standalone public company.
For the past two years ended December 31, 2009 and 2010 and the three months ended March 31, 2011, iVoice has faced significant financial difficulty. iVoice had a loss from operations of $1,310,096, $1,6563,701 and $308,529, respectively for those periods. In light of our losses and liquidity requirements, through the use of advisors, we explored potential sources of financing and other strategic alternatives. At this time and throughout the process outlined below, there was substantial doubt of our ability to continue as a going concern. Additionally, throughout the process outlined below, our continued operations were dependent on our ability to increase revenues, reduce our debt, secure
additional financing and strengthen our liquidity position.
In November 2010, Jerome Mahoney was contacted by a third party that another company may be interested in entering into a transaction with the Company. This other company was Hydra. Thereafter, after further discussions, Hydra and iVoice entered into a non-binding Letter of Intent dated December 2, 2010. Due diligence commenced by both companies and on March 9, 2011, iVoice and Hydra entered into the Agreement and Plan of Merger that was filed by iVoice with the Securities and Exchange Commission as Exhibit 10.1 to the Current Report on Form 8-K dated March 9, 2011.
Business after the Merger
The transaction contemplated by the Agreement and Plan of Merger may be called a reverse merger. Upon the closing of the contemplated transaction, Hydra will merge into iVoice and iVoice will be the surviving company. However, iVoice will thereafter adopt the business and/or business plan of Hydra. Specifically, iVoice will thereafter be in the business of developing, marketing and selling hydrogen fuel cell electric generators.
Management and Board of Directors after the Merger
Upon the closing of the transaction contemplated by the Agreement, the present management and the members of the Board of Directors will resign after the present Board of Directors elect the following new members to the Board and the officers listed below:
Frank Neukomm Chairman of the Board and Chief Executive Officer
Robert C. Farr President, Chief Operating Officer and Director
James Twedt Executive Vice President and Director
Descriptions of the prospective new members of the Board of Directors and the management of the Company appear below:
Frank Neukomm (age 58) has an extensive background in finance, mergers and acquisitions, and sales and marketing. Mr. Neukomm has served as a senior executive of brokerage and M & A companies, software companies and telecom companies. Mr. Neukomm has been instrumental in purchasing or starting companies in industries as diverse as insurance, consumer retail goods, industrial services and wireless telecommunications. Since 1995, Mr. Neukomm has served as President of NeuHaus Advisors, Inc., a consulting firm to the telecommunications industry.
Robert Farr (age 62) has extensive Fortune 500 management experience in a variety of industries. His experience extends to domestic and international finance, marketing, manufacturing and distribution. He is the Principal of Creative Equity Strategies.
James R. Twedt, Director, has over forty years of public and private company accounting and management experience. He has been the President and CEO of Hydra Fuel Cell Corp. since inception and has led the subsidiary from startup to production in less than twelve months. He previously served as CFO of Computer Automation Systems, Inc., a predecessor enterprise to American Security Resources Corp.
What R/S are you speaking of? I would think if IVOI does a 1 for 500, due to the share structure then ARSC would have a 1 for 1,500 R/S also
wow lots going on here. Hydra will come and save this company soon. That R/s should be less than 500 TO 1 for IVOI after the merger.
Is frankie still hiding in his shell? Has liberty got the hydra yet?
lets see .0003 today
After a recapitalization of iVoice (Pink Sheets:IVOI) and a name change to Hydra Fuel Cell Corp., we expect that the dividend will be approximately one (1) share of new Hydra stock for each 150 current shares of ARSC. We expect that the value of Hydra is such that its initial trading range will be between $0.08 and $0.16 per share.
What does recapitalization mean... R/S??? If arsc is going to have majority voting they need to own the most shares thats why I am thinking the 65% is more accurate than the 2.5% anyway we will find out soon enough there may be a mass exodus from ivoi to arsc if they get the better end of the deal for the share holders which could drive up pps...also seems like the euro investors fell off the map they haven't been mentioned at all in any of this???
my opinion is that the current management of IVOI has no intention of any split. If after the merger, the new management wants to do a reverse split, they have the voting rights ability to do so. However, I cannot find anything that allows only common shares be R/S'd and not all-meaning preferred. If someone know differently, please post but what I have found is that preferred shares must be split proportionately to common.
ok i see, but I believe they are going to r/s those 6 billion shares and when the dust clears arsc shareholders will be rockin.
I got it from the last SEC public filing:
"ACTION 1
MERGER OF HYDRA FUEL CELL CORPORATION INTO IVOICE, INC.
On March 9, 2011, the Board of Directors through unanimous written consent, approved the Agreement and Plan of Merger dated March 9, 2011 (the “Agreement”) by and between iVoice, Inc. and Hydra Fuel Cell Corporation (“Hydra”) and authorized the management of the Company to enter into the Agreement with Hydra. The text of Agreement is attached herein as Attachment A.
On May 24, 2011, at least a majority of the aggregate of our shareholders holding a majority of the outstanding Class A Common Stock and Class B Common Stock executed a Written Consent of Shareholders in Lieu of Meeting pursuant to pursuant to Section 14A:5-6 of the New Jersey Business Corporation Act of the State of New Jersey (the “Corporation Law”).
Hydra is a wholly owned subsidiary of American Security Resources Corporation. Under the terms of the Agreement, Hydra will merge into iVoice with iVoice being the surviving company. All of the common stock of Hydra will be exchanged for 1 million shares of iVoice Series A Preferred Stock with each such share having super-voting rights equal to 10,000 votes for every one vote granted to iVoice Class A Common Stock and each such share being convertible, at the holder's option, into 153.5 shares of Class A Common Stock. Based upon the present number of iVoice Class A Common Stock shares outstanding, 6,265,563,493 shares, the Hydra shareholders will hold 61.48% of the voting shares of iVoice. Based upon the present number of iVoice Class A Common Stock shares outstanding on the date hereof, 6,265,563,493 shares, the Hydra shareholders would hold 2.4% of the total outstanding Class A Common Stock shares should all of the iVoice Series A Preferred Stock be converted into Class A Common Stock shares."
from the 8K "Hydra shareholders will hold 61.48% of the voting shares of iVoice." Where do you get the 2.5%
Another point, they are taking over the management not ownership- even if they convert 100% of their preferred shares they still only control 2.5% of the common shares. Mahoney is and will continue to be the largest owner of IVOI (soon to be Hydra) shares
Plus they absolutely need to keep 51% of the voting shares otherwise they will get fired
They R/S the common they must R/S the preferred also- not in their interests and Mahoney won't R/S ; not in his interests
Well to begin with Hydra won't be trading in the .08 - ,16 range.
Enjoy frankie's kool ade
And THAT makes sense.
If you dont believe it, then by all means buy IVOI shares now. GLTU.
But IVOI's own 14C revised shows ARSC and subsidary HYDRA are going to be taking over the company after the merger.
Tell me how they are going to have a value of .08 to .16 cents a share with 6.2+Billion shares outstanding and 10B Authorized. It isnt. They will reduce the shares to bring the value.
Why should anyone believe any ARSC PR when they have not delivered on even one promise for the past 5 years?
Why is this any different?
So the only thing that makes sense to me is, IVOI and HYDRA will merge, THEN IVOI is r/s'd, THEN the divvy to ARSC shareholders. So after the name change, there will no longer be an IVOI, and all IVOI shareholders then become HYDRA shareholders, but not until after the r/s. With all this going on, how can the IVOI CEO fire Frnkie? Wouldn't he have that covered in the agreement? All the PR's posted show the existing ARSC and HYDRA officers becoming the controlling officers of HYDRA after the name change.
Wow, someone should write a book or a movie about all this!!!
exactly it will happen after the merger! what i have been saying.
Read the ARSC pr, it states that ARSC wont get its divy until recap. which has to include an R/S to get a share value of .08 to .16 per share price.
lets just say a R/S is going to happen based on common sense for the share price to be between .08 to .16 cents. This is from the ARSC PR about for every 150 shares of ARSC you get 1 of HYDRA.
name ivoice and symbol ivoi goes away when it becomes hydra.
IVOI is not a shell company . The filing states that Hydra merges with iVoice with iVoice being the sole remaining company. The the plan is to do a name change from iVoice to Hydra Fuel Cell
The "event" is the merger and Frankie has no control until the event occurs so he cannot R/S iVoice until after the merger
So how many preferred shares need to convert over to common before they lose their voting rights majority because of the 10,000 votes per preferred share ? They convert too many and Mahoney's back as majority shareholder and cans Frankie for his poor management.
Still disagree with you that ARSC shareholders get preferred shares as the divy and this is why- everyone would convert!
Please post the filing or PR about R/S. Recapitalization isn't automatically a reverse split. And with most shares being bought at the 0002 ask price seems lot more investors think there won't be one
Thanks for the replies - from the wording the way I read it, IVOI will become Hydra - the name will be changed to HYDRA.
4 The shell company’s name is changed to the name of the operating company, its directors and officers are replaced by the directors and officers of the operating company,5 and its shares continue to trade on whichever stock market they were trading prior to the merger
IVOI SHAREHOLDERS DONT VANISH THE NUMBER OF SHARES GETS REDUCED BY THE R/S THAT WILL HAPPEN AFTER ARSC MANAGEMENT TAKES IT OVER.
FOR EXAMPLE IF YOU OWN 1000 SHARES NOW AND 100:1 R/S THEN NOW THEY ONLY OWN 10 SHARES OF IVOI.
(d) Effect of Merger.
(vi) IVOI Common Shares. Each IVOI Common Share issued and outstanding at and as of the Effective Time will remain issued and outstanding. SOURCE 14C REVISED
Hydra Merger Partner IVOI Starts Countdown With SEC Filing
HOUSTON, Jun 7, 2011 (GlobeNewswire via COMTEX) -- American Security Resources Corporation (Pink sheets:ARSC) today provided a preliminary timeline for the merger of Hydra Fuel Cell Corporation with iVoice, Inc.(Pink Sheets:IVOI).
Frank Neukomm, CEO of ARSC, stated, "With the filing of their information statement with the SEC late last week, IVOI has started the clock for the merger with Hydra. There is a minimum 10 day waiting period at the SEC followed by a 30 day period dictated by IVOI's by-laws. At the end of that period the merger can complete as soon as Hydra completes its financial audits for the years 2009 and 2010. Our auditors are working on those now."
Neukomm continued, "At the time of the merger, ARSC will have MAJORITY voting control of IVOI. It will be RECAPITALIZED and the name changed to Hydra Fuel Cell Corp., AFTER which we will dividend the Hydra shares to ARSC's shareholders at an expected ratio of one (1) share of new Hydra stock for each 150 current shares of ARSC. We expect that the value of Hydra is such that its initial trading range could be between $0.08 and $0.16 per share."
SCHEDULE 14C INFORMATION
Amendment No. 1
Attachment A
Agreement and Plan of Merger
2. Basic Transaction
(d) Effect of Merger.
(vi) IVOI Common Shares. Each IVOI Common Share issued and outstanding at and as of the Effective Time will remain issued and outstanding.
IVOI does not vanish, they own 97+% of Hydra common shares
Interesting. I just read up on what a Reverse Merger is. So IVOI vanishes (?) then becomes HYDRA - so what about the IVOI shareholders......do they vanish as well or have their IVOI shares become HYDRA shares, hence the 1 to 1 ratio???? This boggles the mind (mine at least!) Perhaps this is the reason buyers are in the 2's, thinking they will not be affected by an r/s????
A reverse merger (“RM”) is a non-traditional method of going public. Instead of hiring an underwriter to market and sell the company’s shares in an initial public offering (“IPO”), a private operating company works with a “shell promoter” to locate a suitable non-operating or shell public company.1 The private operating company then merges with the shell company (or a newly-formed subsidiary of the shell company).2 In the merger, the operating company shareholders are issued a majority stake in the shell company in exchange for their operating company shares.3 Post-merger, the shell company contains the assets and liabilities of the operating company and is controlled by the former operating company shareholders.4 The shell company’s name is changed to the name of the operating company, its directors and officers are replaced by the directors and officers of the operating company,5 and its shares continue to trade on whichever stock market they were trading prior to the merger.6 Hence, the operating company’s business is still controlled by the same group of shareholders and managed by the same directors and officers, but it is now contained within a public company. In effect, the operating company has succeeded to the shell company’s public status and is therefore now public
It's called a reverse merger.
Good luck with that 1 IVOI to 1 HYDRA share.
From 14C revised:
The transaction contemplated by the Agreement and Plan of Merger may be called a reverse merger
IVOI shareholders get 1 Hydra share for each IVOI share?
But after the R/S of IVOI? Seem there is strong interest
of buying IVOI? IVOI maybe higher than .0002 before R/S?
It's confusing but exciting, no bankruptcy, IVOI still alive
vdt
i dont know but he'll be running IVOI soon as HYDRA
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IVOI (SEC Reporting Company)
Website: http://www.ivoice.com
=======================================================
IVOI.OB Share Structure as of November 12, 2010
A/S 10,000,000,000
O/S 6,265,563,493
=======================================================
http://www.pinksheets.com/quote/company_profile.jsp?symbol=IVOI
Managament
Jerome Mahoney is the Chairman and Chief Executive Officer of iVoice Inc. since 1997. He is also the Non-Executive Chairman of the Board of Directors of Trey Resources, Inc., Deep Field Technologies, Inc, SpeechSwitch, Inc. and MM² Group, Inc.
Frank V. Esser.
Mr. Esser has served as a director of the Company since June 2005. He has been a director since February 2004. Mr. Esser functioned as Transfer Agent and Head Bookkeeper in the Treasury Department of Texaco Inc from 1959 to 1968. As a certified public accountant with Ernst & Young from 1968 to 1981, he participated in the audits of major publicly traded companies such as J.P. Stevens & Co., Dynamics Corporation of America, and Phillips - Van Heusen Corporation, along with law firms, banks, manufacturing companies and other organizations, and also participated in the public offerings of equity and debt and the preparation of SEC filings.
Jocelyn Warczak-Fidelity Transfer Comp
Fidelity Transfer Company
801-484-7222 Fax: 801-466-4122
Email: jocelyn@fidelitytransfer.com
iVoice has found the best way to increase shareholder value, separate and apart from the operating performance of iVoice, is by spinning off and distributing shares of its wholly owned subsidiaries in the form of a special dividend to the Company's shareholders. The common stock distributions are part of a broader strategy relating to the transition of iVoice into a company focused on the development and licensing of proprietary technologies:
We also continue to search for potential merger candidates with or without compatible technology and products, which management feels may make financing more appealing to potential investors.
OTC BB: IVOI
iVoice, Inc.
750 Highway 34 Matawan, NJ 07747
Phone: 732.441.7700
Fax: 732.441.9895
Email: information@iVoice.com
----------------------------------------------------------------
IVOICE PATENT-
United States Patent 6813341 Link to this page:http://www.freepatentsonline.com/6813341.html Abstract:The present invention is an item location system which relies upon voice activation and responsiveness to identify location(s) of item(s) sought by a user. The system includes a continuous speech recognition digital signal processor, a programmable microprocessor interfaced therewith, voice input and user feedback mechanisms, including audio and/or video feedback. Preferred embodiments utilize audio feedback to the user. The continuous speech recognition engine utilizes Hidden Markov Models to create real time continuous speech recognition and feedback.
Talking Pill Bottle Aims To Curb Medical Errors http://www.npr.org/templates/story/story.php?storyId=4779825
Recent News | ||||
Date | Time |
| ||
11/24/2009 | 1:12PM | Current report filing (8-K) | ||
11/24/2009 | 6:02AM | Statement of Ownership (SC 13G) | ||
11/16/2009 | 4:48PM | Quarterly Report (10-Q) | ||
08/24/2009 | 5:29PM | Securities Registration: Employee Benefit Plan (S-8) | ||
08/14/2009 | 1:50PM | Quarterly Report (10-Q) | ||
05/18/2009 | 10:39AM | Notification that Quarterly Report will be submitted late (NT 10-Q) | ||
04/15/2009 | 4:58PM | Annual Report (10-K) | ||
04/01/2009 | 2:35PM | Notification that Annual Report will be submitted late (NT 10-K) | ||
03/16/2009 | 3:56PM | Amended Current report filing (8-K/A) | ||
03/13/2009 | 2:36PM | Current report filing (8-K) |
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