[2005] Having users updating on their status

In our class we are trying to develop a working online live class, the teacher wants us to try to figure out a way of everyone in the class having a status of "ok, concern, stop" or "green, yell, red" status. Right now we have a chat set up with turbo meeting and the teacher is on teamspeak talking to us and turbomeeting shows whats on the teachers screen. I would like to develop something where every student that is in on the session all have their name and a status light or status word next to their name and they can update it so the teacher can see.

Im not sure if this is possible in visual basic or not I would really appreciate if someone could give me some guidance, it would help our class out a lot !

Thank you!

teamspeak has a web site that has forums

http://forum.teamspeak.com/

How does that help me with creating a status application that interacts with all users or a database? Im not using teamspeak to do the status Im trying to create something in VB