Voip Pal Com Inc (VPLM)

[9754LB851]

sec looking into VPLM as of june 5th - 33 mil dollar deficit + massive O/S near 1.3 billion. sham scam


Surprised she still is trading ? hope they shut this insider enrichment scam down. company burning 7 grand a day on shareholders. reverse split coming long before any court date jmo. any t-trades this week? Financials are horrible!



Quote:

The U.S. Securities and Exchange Commission has filed civil charges against Salt Lake City clearing firm Alpine Securities Corp., claiming that it facilitated stock manipulation and other schemes run through a related firm, Scottsdale Capital Advisors Corp. Among other things, Alpine failed to report scores of suspicious transactions, the SEC claims. The SEC has not named the specific stocks involved, but Scottsdale previously received a $1.5-million fine in connection with three companies, with the list including a Vancouver company called Voip Pal.com Inc. (All figures are in U.S. dollars.)


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John Hurry
The allegations are contained in a complaint that the SEC filed on Monday, June 5, in the Southern District of New York. The sole defendant is Alpine, a Utah clearing firm that has been registered since 1984. According to the SEC, the firm was acquired in 2011 by John Joseph Hurry, who also owns Scottsdale. Following that transaction, most of Alpine's business came from Scottsdale, the SEC