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iVoice Technology, Inc. Improves Balance Sheet Through Loan Repayment of $691,000.

Publication: Business Wire
Publication Date: 18-MAR-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
iVoice, Inc. Investment of $1.3 Million Into iVoice Technology, Inc., Provides Capital For Repayment

MATAWAN, N.J. -- iVoice Technology, Inc. (OTC Bulletin Board: IVOT), announced today that it has repaid approximately $691,000 in secured convertible debt to an institutional investor as a result of the capital infusion from iVoice Inc. (OTC Bulletin Board: IVOI)

This transaction leaves a balance of only $186,000 due to the institutional investor; with the investor agreeing not to convert into common stock...



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