Advanced Voice Recognition Systems, Inc. announced that it has received $0.02 million in funding.
January 24, 2014 at 04:00 am
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Advanced Voice Recognition Systems, Inc. (OTCPK:AVOI) announced a private placement of 1,363,636 common shares at a price of $0.011 per share for gross proceeds of $15,000 with a private accredited investor on January 24, 2014. The company issued securities pursuant to exemption provided under Regulation D.
On January 24, 2014, Advanced Voice Recognition Systems, Inc. closed the transaction.
Rivulet Entertainment Inc., formerly Advanced Voice Recognition Systems, Inc., is a software development company. It specializes in creating interface and application solutions for speech recognition technologies. It engages discussions with a certain firm dedicated to assisting in the commercialization of intellectual assets. Its proposed product is speech recognition software and related firmware that allows for dictation into a range of applications: DOS applications running in Windows, UNIX and mainframe applications accessed through terminal emulation programs, various custom applications and all Windows 3.x, 95, 98, 2000, XP, Vista, Windows 7 and Windows 10 programs. Its AVRS patented technology is applicable to many mainstream speech enabled applications ranging from traditional desktop applications to mobile, Web-based and cloud solutions. Its technology has applications in original equipment manufacturer markets, targeting both software developers and hardware manufacturers.