InvestSource Inc.: IVI Communications Consummates Loan and Security Agreement

Stocks in the News: IVI Communications, Inc. ("IVI") (OTCBB: IVCM), Titan Global Holdings, Inc. (Pink Sheets: TTGL), Wyeth Pharmaceuticals (NYSE: WYE), Progenics Pharmaceuticals, Inc. (NASDAQ: PGNX), Harsco Corporation (NYSE: HSC), and Penn National Gaming, Inc. (NASDAQ: PENN) July 3, 2008 - IVI Communications, Inc. ("IVI") (OTCBB: IVCM) announced that it and Titan Global Holdings, Inc. ("Titan") (Pink Sheets: TTGL) completed a loan and security agreement ("Credit Facility") for $100,000. The Credit Facility is due on December 25, 2008 and bears interest at thirteen percent. Titan received no fees or equity based compensation in connection with the Credit Facility. Titan recently acquired all of IVI's outstanding Series A and B Preferred Stock (the "Preferred Stock") from the former holders. The Preferred Stock includes the... [read full story]