Advanced Voice Recognition settles $15,000 private placement of stock

Offering is comprised of 1,363,636 common shares sold at $0.011 each

By Devika Patel

Knoxville, Tenn., Jan. 29 - Advanced Voice Recognition Systems, Inc. completed a $15,000 private placement of stock on Jan. 24, according to an 8-K filed Wednesday with the Securities and Exchange Commission.

The company sold 1,363,636 common shares at $0.011 per share. The price per share is a 63.33% discount to $0.03, the Jan. 23 closing share price.

Based in Scottsdale, Ariz., the company develops speech recognition and transcription technologies.

Issuer:	Advanced Voice Recognition Systems, Inc.
Issue:	Common stock
Amount:	$15,000
Shares:	1,363,636
Price:	$0.011
Warrants:	No
Settlement date:	Jan. 24
Stock symbol:	OTCBB: AVOI
Stock price:	$0.03 at close Jan. 23
Market capitalization:	$4.2 million

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