iVoice, Inc. Announces New Management
HOUSTON, TX -- (Marketwire) -- 01/28/13 -- iVoice, Inc. (PINKSHEETS:
IVOI) announced today the appointment of Mr. Norris Lipscomb of
Wimberley, Texas as its new Chairman and CEO, with a stated goal of
determining a clear course of action to bring value to shareholders
through either commencing or acquiring operations. Mr. Lipscomb
replaced Mr. Frank Neukomm and Mr. Robert Farr, both of American
Security Resources Corporation, on the board of directors as of July
"Due to not being current on its SEC disclosure, capital structure,
and debt load, iVoice, Inc. has been unable to commence operations
for the last year. Rhodes Holdings LLC continues to be retained by
Mr. Lipscomb to determine an acquisition candidate that will provide
shareholder value," stated Robert C. Rhodes of Rhodes Holdings LLC, a
consultant to iVoice for the last eleven months.
About iVoice, Inc.
iVoice, Inc. (traded under "IVOI"), is a publicly
traded company in a developmental stage that previously engaged in
the communications industry as well as the "green" industry
associated with hydrogen fuel cells.
About American Security Resources Corp.
American Security Resources
Corp. (traded under "ARSC," http://www.americansecurityresources.com)
owns and develops uni
que intellectual property related to hydrogen
fuel cells and business activities to help speed their
implementation, funding, and sales. In early 2012, ARSC took control
of iVoice, Inc.
About Rhodes Holdings LLC
Rhodes Holdings LLC (referred to as "RHL,"
http://rhodes-holdings.com) provides management consulting services
that allow its clients to seek financing through the public markets,
either through mezzanine debt, equity, or bank debt. RHL management
consulting is provided within the framework of its copyrighted RHL
Safe Harbor Statement
The statements in this release that relate to
the Company's expectations with regard to the future impact on the
Company's results from new products in development are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The results anticipated by
any or all of these forward-looking statements may not occur. The
Company undertakes no obligation to publicly release the result of
any revisions to these forward-looking statements that may be made to
reflect events or circumstances after the date hereof, or to reflect
the occurrence of unanticipated events or changes in the Company's
plans or expectations.
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