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Voice Mobility Raises $1.6 Million in Private Placement
Stock Option Trading Following a pattern of capital infusion preceding a new customer announcement, Vancouver-based Voice Mobility International, Inc. completed a CDN$1.6 million private placement.
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International sales accounted for 30 percent of revenues in the first quarter. ScanSoft ended the first quarter with cash balances of $12.8 million. Subsequent to the close of the quarter, ScanSoft completed the private placement of 1.0 million shares of its common stock for which it received consideration of $6.0 million on April 12, 2002.
Financial Software Trading Sept 22, 2004 (AXcess News/SP) Vancouver BC - Following a pattern of capital infusion preceding a new customer announcement, Vancouver-based Voice Mobility International, Inc. (TSX: VMY, OTCBB: VMII) completed a Cdn.$1.6 million private placement.
Instant Messaging client (Yahool, AOL, OMA) SMS distribution list Enhanced Voice Features Voice dialing, voice commands for menu short cuts, keypad lock and profiles Enhanced voice commands (SIND) Dedicated voice key for easy use of voice recording, voice dialing, and Push to Talk Connectivity and Data Transfer Connectivity Port™ Port™
Online Stock Trading Company The developer of next generation messaging solutions had announced extended terms to its agreement with Avaya, Inc. (NYSE: AV) December 5, 2003. On March 9, 2004, Voice Mobility released news that it had completed a private placement for Cdn.$1.035 million. In June, Voice Mobility announced a global agreement with Avaya to offer large scale messaging to service providers worldwide. Now, Voice Mobile may be at it again with further news to come of its business expansion.The offering consisted of 2,457,577 units at prices between Cdn.$0.65 and $0.66 per unit. Each unit consists of one common share and one-half of one share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share at the price of Cdn$1.00 per share for a period of three years. Voice Mobility has the right on thirty days notice to require the holders of the warrants to exercise their warrants so long as the closing price of Voice Mobility's shares on the Toronto Stock Exchange exceeds Cdn.$2.25 per share for at least thirty consecutive trading days prior to the date of the notice.
is a powerful force in the transportation and mobility markets and offers transport solutions not only to clients in southern Africa, but also in Europe.
Forex Day Trading CEO Randy Buchamer was unavailable for comment at the time of publication, however, Buchamer's board has shown some investor-savvy logic in pricing its warrants "in the money". Which may afford the company an ability to tap more cash if business merits that.
* departure Briefing booklet, shirt, Volunteer Country Guide 14.2 If you cancel your placement more than 60 days prior to the start date of your placement, we will retain your deposit to cover the costs we have incurred on your behalf in arranging your placement. 14.3 If you cancel between 60 days and 31 days prior to the start date of your placement, you will be entitled to a refund of 50% of your placement fee.
Financial In Market Some of the credit for Voice Mobility's growth might be given to its most recent board addition, Gary Donahee.
Stock Trading System Donahee joined Voice Mobile's board in October of last year. At the time of his appointment, Buchamer was quoted as saying, "Gary has strong relationships with every major and independent telco in the Americas and Europe."AdvertisementDonahee was instrumental in growing Nortel's (NYSE: NT) business to $20 billion, according to Voice Mobile's Buchamer.
Day Trading Stock Tip Voice Mobility International, Inc. (OTCBB: VMII) closed up 0.029 cents at $0.75 on volume of 18,000 shares. The 90-day average daily volume was reported to be 26,297 shares. The 52-week hi/lo was reported to be $0.22 to $1.38.
Financial Forex Forex Software Direct competitors shares closed mixed with Comverse Technologies (NASDAQ: CMVT) closing up 12 cents at $18.55 while Lucent Technologies (NYSE: LU) closed down 4 cents at $3.25.
Stock Market Trading Source: Source Press
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