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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest reported event): May 8, 2007
IVOICE TECHNOLOGY, INC.
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(Exact name of registrant as specified in its chapter)
NEW JERSEY 333-120490 20-1862731
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(State of (Commission (I.R.S. Employer
organization) File Number) Identification No.)
750 HIGHWAY 34, MATAWAN, NJ 07747
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (732) 441-7700
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (SEE General Instruction A.2. below):
[_] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On May 8, 2007, the Company executed a Security Agreement providing Jerome
Mahoney, President and Chief Executive Officer of the Company, with a security
interest in all of the assets of the Company to secure the promissory note dated
August 5, 2005 and all future advances including, but not limited to, additional
cash advances: deferred compensation, deferred expense reimbursement, deferred
commissions and income tax reimbursement for the recognition of income upon the
sale of common stock for the purpose of the holder advancing additional funds to
the Company.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
10.1 Security Agreement dated May 8, 2007 by and between the
Company and Jerome Mahoney.
10.2 Promissory Note dated August 5, 2005 issued to Jerome
Mahoney.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
IVOICE TECHNOLOGY, INC,
Date: May 9, 2007 By: /s/ Jerome Mahoney
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Jerome Mahoney
President and Chief Executive Officer
INDEX OF EXHIBITS
10.1 Security Agreement dated May 8, 2007 by and between the Company and Jerome
Mahoney.
10.2 Promissory Note dated August 5, 2005 issued to Jerome Mahoney.