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Saturday, November 20, 2004

 

IQ Biometrix IQBM Otcbb Penny Stocks News

IQ Biometrix IQBM Otcbb Penny Stocks News: "IQ Biometrix Announces Stockholder Approval of Reverse Stock Split

FREMONT, Calif.--(BUSINESS WIRE)--Nov. 18, 2004--IQ Biometrix, Inc. (OTCBB:IQBM), a worldwide provider of integrated law enforcement and security solutions, announced today that its Board of Directors has authorized a 1-for-4 reverse split of IQBM's common stock.

'This approval is another milestone in our completion of the merger between IQ Biometrix and Wherify Wireless,' said William Scigliano, CEO and President of IQBM. 'In addition, the Company hopes that by improving its capital structure and stock price the Company can take the first step in helping it to become listed for trading on an exchange or the Nasdaq National Market, and help it gain access to the analyst and institutional communities.'
The reverse stock split was approved by IQBM's stockholders in November 2004. In the reverse split, each four shares of IQBM's issued and outstanding common stock will be combined into one share of common stock. No fractional shares will be issued in connection with the reverse stock split and holders of fractional shares will receive cash in lieu of their fractional shares.
After giving effect to the reverse split, the Company will have approximately 6.7 million shares outstanding. The reverse split will affect all shares of IQBM's common stock, including those shares underlying stock options, warrants and convertible debentures outstanding immediately prior to the effective date of the reverse split.
IQBM's transfer agent, American Stock Transfer and Trust Company, will mail instructions to stockholders of record as of November 29, 2004 regarding the exchange of certificates for common stock. The"







 

VoIP, Inc. VOII Otcbb Penny Stocks News

VoIP, Inc. Otcbb Penny Stocks News: "VoIP, Inc. To Change Certifying Accountant

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Nov. 18, 2004--VoIP, Inc. (OTCBB:VOII), an emerging provider of Voice over IP based solutions announced that on 11/16/04, it was informed by Tschopp, Whitcomb & Orr that such firm was resigning as the Company's Auditor. The decision by Tschopp, Whitcomb & Orr to resign was made in an effort to reduce their overall number of audit clients and to restrict their practice to the central Florida area.


During our two most recent fiscal years and subsequent interim periods preceding the date of termination of the engagement of Tschopp, Whitcomb & Orr, we were not in disagreement with Tschopp, Whitcomb & Orr on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.
A report on Form 8K was filed today to report the resignation.
We are currently interviewing other firms to be engaged to conduct an audit of our financial statements for the December 31, 2004 year end and expect to have a new firm in place very soon.
About VoIP, Inc. www.voipinc.com
VoIP, Inc. is an emerging global service provider of Voice over IP-based solutions, offering residential and business customers more user friendly and affordable ways to communicate. VoIP, Inc. also manufactures products and provides services to Internet Service Providers, Telecommunication Service Providers and Cable Operators in countries around the world. VoIP, Inc, through its subsidiaries, provides a comprehensive portfolio of IP multimedia-based solutions ranging from subscriber based voice services, to SIP based infrastructure design and deployment, to broadband customer premise equipme"







 

AVIG, AIMT Otcbb Penny Stock News

AVIG, AIMT Otcbb Penny Stocks News: "OAK RIDGE, Tenn.--(BUSINESS WIRE)--Nov. 19, 2004--AIMSI Technologies, Inc. (OTCBB:AIMT), (formerly Advanced Integrated Management Services, Inc.)(OTCBB:AVIG), is pleased to announce the following:


a.) The company's new stock trading symbol has been changed to AIMT.OB (OTCBB).
b.) The company has changed its stock structure by initiating a 5 for 1 forward split. The company believes that this will attract a broad and diverse investor base.
c.) In taking delivery of their first commercial-ready ALARM radiation detection unit, the company has made a definitive step forward in its efforts to fulfill its contractual obligation of delivery, on an initial $225 million sales agreement for 15,000 units of its ALARM device to China Global Distribution Corp.
d.) The company has hired John W. Stump III as its new Chief Financial Officer.
Mr. Stump has served as CFO of both privately held and publicly traded companies. Mr. Stump has vast experience in the electronics-manufacturing arena. As part of his extensive resume, Mr. Stump has negotiated manufacturing contracts, evaluated the supply chain of the products being produced and created processes to mitigate waste in the manufacturing process. AIMSI Technologies believes Mr. Stump's experience and expertise will enable the company to maintain its industry-leading, laser-sharp focus on efficiency while maximizing fiscal agility requisite to meet the tremendous worldwide product demand for the ALARM unit.
AIMSI Technologies has received delivery of their commercial-ready handheld 'ALARM' radiation detection unit. The unit has undergone rigorou"







 

RIMM QMCI Otcbb Penny Stock News

RIMM QMCI Otcbb Penny Stock News: "QUOTEMEDIA ANNOUNCES PARTICIPATION WITH RESEARCH IN MOTION AT E-FINANCIAL WORLD EXPO
QuoteMedia, Inc. (OTCBB:QMCI), a leading developer of real-time, streaming financial applications, announced today that it is participating with Research In Motion (RIM) (NASDAQ:RIMM; TSX: RIM), makers of BlackBerry(R), at the 2004 E-Financial WorldExpo, November 18 to 19 at the National Trade Center in Toronto, Canada.
WorldExpo is the financial industry's most anticipated international exposition and conference, covering all aspects of information technologies employed by the world's financial service sector.
From the BlackBerry booth at the conference, QuoteMedia is providing CD Rom versions of its new Quotestream Wireless (TM) application to 2,000 select attendees from the international financial world, including CFOs, CEOs, Banking Executives, government financial policy advisors, and system distributors.
Quotestream Wireless delivers integrated wireless trading capabilities and a rich suite of streaming real-time market data applications to BlackBerry devices.
More information about the new Quotestream Wireless application can be found at: www.quotestream.com.
About Research In Motion (RIM)
Research In Motion is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, RIM provides platforms and solutions for seamless access to time-sensitive information including email, phone, SMS messaging, Internet and intranet-based applicat"






Monday, November 15, 2004

 

One Voice Technologies Announces Conference ONEV Otcbb Penny Stock News

One Voice Technologies ONEV Otcbb Penny Stock News: "One Voice Technologies Announces Conference Call for Investment Community

SAN DIEGO--(BUSINESS WIRE)--Nov. 15, 2004--One Voice Technologies, Inc. (OTCBB: ONEV), developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets, today announced it will conduct a conference call for the investment community Thursday, November 18 at 4:15 p.m. ET. The purpose of the call will be to give interested parties a detailed overview of the company and answer questions pertaining to One Voice. The public may participate in this event by calling 1-800-766-6630 preferably 10 minutes prior to the start time of the call.


Dean Weber, Chairman and CEO of One Voice Technologies, Jack Johnson, Vice President, Telephony Sales, North America and Rick Stone, Vice President, Telephony Business Development, North America are scheduled to participate in the conference call.
A rebroadcast of the call will be available via tape playback until December 2, 2004 by calling 1-888-509-0082.
About One Voice Technologies, Inc.
One Voice Technologies, Inc. (OTCBB: ONEV) is the world's first developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets. Our Intelligent Voice(TM) solutions employ revolutionary, patented technology that allows people to send messages (E-mail, SMS, Instant Messaging and paging), purchase products, get information and control devices - all by using their voice. The company is headquartered in San Diego, California. For more information, please visit http://www.onev.com "






 

NCTI Reports Third Quarter Results NCTI Otcbb Penny Stock News

NCTI Reports Third Quarter Results NCTI Otcbb Penny Stock News: "NCTI Reports Third Quarter Results

WESTPORT, Conn.--(BUSINESS WIRE)--Nov. 15, 2004--NCT Group, Inc. (OTCBB:NCTI) reported that total revenue for the three months ended September 30, 2004 was $1.4 million compared to $1.2 million for the same period in 2003. Net loss for the three months ended September 30, 2004 was $10.4 million compared to a net loss of $2.3 million for the same period a year ago. A significant portion of our net loss was attributable to interest expense of $11.4 million for the three months ended September 30, 2004 compared to interest expense of $3.0 million for the same period a year ago.


The company reported that total revenue for the nine months ended September 30, 2004 was $4.1 million compared to $3.4 million for the same period in 2003. Net loss for the nine months ended September 30, 2004 was $36.2 million compared to a net loss for the same period a year ago of $17.0 million. Interest expense was $29.0 million for the nine months ended September 30, 2004 compared to interest expense of $9.3 million for the same period a year ago. This increase in interest expense was attributable to both an overall increase in short-term debt and non-cash and other charges related to the debt.
'Within our Artera Group subsidiary, we continue to focus our sales efforts on expanding distribution of our Artera Turbo(TM) Internet accelerator service both in the United States and internationally,' said Michael J. Parrella, chairman and CEO. 'While broadband access remains expensive and limited in its availability, we believe that the dial-up market is a significant opportunity for us. Our Artera Turbo subscription service greatly enhances a dial-up user's Internet surfing experience by "








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