Tuesday, January 17, 2017 6:50:14 PM
Many of us others in the real world, without connections to the company, rely on statements from the company CEO as to what the company is spending and how and why. The CEO states "we have a $90,000 per month BURN RATE" yet the financials as of 3rd quarter indicate over ONE MILLION $$$ PER MONTH, and nothing but crickets from Mr. CEO. That's a class-act.
Patent office costs? Really!?! That must be a joke, as that is next to nothing. Lawyers, which ones? The ones on a contingency?
THE COMMENTS ABOUT "LAWYERS AND PATENT OFFICE EXPENSES" IS NOTHING MORE THAN A DETRACTION FROM THE TRUTH WHICH IS THAT VPLM SPENT MILLIONS WITHOUT ANY TRANSPARENCY TO SHAREHOLDERS, CREATED SHARES FROM THIN AIR, PAID THEIR OWN BOARD HANDSOMELY, AND NO, THE $3.4 MILLION SPENT IN ONE QUARTER ALONE WAS NOT DUE TO SOLELY ATTORNEY AND PATENT OFFICE FEES. PURE FACTS STATE OTHERWISE.
Recent VPLM News
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