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Next step is probably a Wells Notice.
These guys aren't just crooks, they're very greedy crooks:
"on April 23, 2023, re-priced 621,470,562 warrants issued on April 12, 2021 from $0.021 to $0.001;
- on April 24, 2023, changed the vesting provisions and exercise price of 410,000,000 warrants granted on May 30, 2022, to fully vest and re-price all such warrants from $0.025 to $0.005; and
- on June 30, 2023, issued 831,466,899 warrants to purchase common shares at a price of $0.001 per share to the seller of Digifonica pursuant to the reinstated Anti-Dilution Clause of the amended STA (Note 4)."
"
During the year ended September 30, 2023, the Company:
- on April 24, 2023, re-priced all its previously issued outstanding options to be exercisable at $0.005 per share; and
- on May 31, 2023, granted 75,000,000 options to purchase 75,000,000 common shares at a price of $0.005 per share to its directors, consultants and advisors.
During the year ended September 30, 2023, on May 31, 2023, the Company granted 75,000,000 options to purchase 75,000,000 common shares at a price of $0.005 to its consultants and advisors. The options are exercisable for a period of five years from the date of grant, with 68,500,000 options vesting on the date of the option grant, 3,500,000 options vesting on May 31, 2024, and 3,000,000 options vesting on May 31, 2025. Of the 68,500,000 options vested, 15,000,000 related to replacement options issued from options originally issued on September 21, 2021. On June 1, 2024, the options terms were amended so that all options issued were vested on the grant date. The following assumptions were used for the Black-Scholes valuation of stock options on grant date as follows: risk-free rate of 3.74%, expected life of 5 years, annualized historical volatility of 148.52% and a dividend rate of 0%. Expected volatilities are based on the historical volatility of the Company’s stock and other factors. During the nine-month period ended June 30, 2024, stock-based compensation cost of $299,261 (2023 - $nil) was charged against income from options vested (included as “Office and general” expense in the interim condensed consolidated statements of loss and comprehensive loss)"
Petty cash run out again?
Define”soon”.
Board’s gone quiet today. Rich’s petty cash box must have run out of funds.
Time for yet more insider selling!
Social media pumps based on lies and distortion don’t pay for themselves!
http://insiderbuyingselling.com/?t=VPLM&submit=
I’m not sure your “IPIX is the worst investment ever but I’m still holding” post is quite the devastating riposte you obviously think it is.
LOL.
This is a well-known form of financing known as venture debt which has existed for several decades.
I can guarantee you no venture debt fund would - even if their constitution allowed them to lend money to a non-reporting penny stock with an outstanding debt of over $1.5 million in default, which it wouldn’t - touch IPIX with a ten foot barge pole.
“ I really don’t see why the principals would just fold or screw the shareholder.”
The insiders know what's happening, even if their marks prefer to bury their heads in the sand, or listen to those insiders pretending to be retail investors on social media who post big fat lies about the future for VPLM:
http://insiderbuyingselling.com/?t=VPLM&submit=
Short sellers vindicated again:
“ Biotech firm drops defamation suit against short-sellers after researcher charged
PUBLISHED: AUGUST 05, 2024
Ref: Fidelity
Cassava Sciences ended its defamation suit against four short sellers who expressed doubts about its experimental Alzheimer's disease drug simufilam after a medical professor whose research underpinned the treatment was charged with fraud, as reported in Fidelity.
The biotech sued in 2022 after the short sellers, who were also scientists that investigated Cassava's statements about simufilam, claimed on social media and the website "cassavafraud.com" that Hoau-Yan Wang's research for simufilam was fabricated.
US District Judge Gregory Woods had dismissed much of the case against Adrian Heilbut, Jesse Brodkin, Enea Milioris and Patrick Markey in March, but Cassava sued them again in April.
Wang, a professor at the City University of New York's School of Medicine, was charged with fraud on June 28 for submitting false data to the National Institutes of Health to earn millions of dollars in grants. He has pleaded not guilty.
Last month, Cassava announced that CEO Remi Barbier and neuroscience chief Lindsay Burns would resign.
In a statement on Sunday, a Cassava spokesperson said, "New management determined that pursuing this defamation lawsuit is an unnecessary distraction from our mission of developing a treatment for Alzheimer's disease."”
https://firstwordpharma.com/story/5882296?t=eyJhbGciOiJBMjU2S1ciLCJlbmMiOiJBMjU2Q0JDLUhTNTEyIiwiemlwIjoiREVGIn0.inz5uXA0_IlRpnMhES-9LWst4uFKLaK6CN9gZoKJtl2LXuSKYWTD_gAGL6UtJ0bEKV6d3TYHYgqHCjVWICu7P_zcuLoQo-5U.S8jR9qL0FJiOKN0lJJhfcQ.iBmE0Y7zIwW6p4MP_Ldj0FIqmG68IZj9Ie_UH58sljffyKEsmSZ07v8ITusK0zOlpa5FJs-gbVCrS14GuRt2Wvaczrl7l9q6m_wk0g8kUahDOnn9c1Tp7ouYh0UlQfv9V8N0zb5kC4qk5v2IlgTUAp3queCWSWQWLB1Xdkc90wTDVWlk9i4VuIY0Zi1JEbDj.MmQTtkLydKHdow_dXb0XRJnqFFwssW2JVstsAXs7yNk&nle=8049&nlc=186&from=article
“ It wasn't Emil (because he doesn't speak to investors”
“ In my expertise your a damn idiot lol.”
It means WDRP don’t lie very well, and they ran out of credibility years ago.
“ It’s looking more and more like a semi legal scam”
More lies from the French Canadian mafiosi behind WDRP, UAMM and so many other penny stock scams.
“ Diwan loves those "Market X is expected to reach USD Y Bn by 20ZZ" lines.”
I wonder how many of their free shares insiders dumped over the past week as this scam continues to unravel in plain view?
The apologist (or “apologists” if you’re very naive and think there’s more than one of him - although that would be a bit -ahem- rich) for this scam should be ashamed of himself.
Too right!
Thanks heavens for the person blessed with too many children and pets and gifted with the gift of the grift!
Is there anybody there?
I’m afraid our friend Guiseppe is - now what’s the right word? - ah yes, a liar and a fraudster.
Even if his Nigerian auditor says he’s on the up-and-up.
LOL
“ there are a number of scenarios after emergence from EM.”
“ if ihub releases personal info here or on any other board its a double edge sword for all bloggers and blogging sites”
What fresh hell is this?
What do these guys know that you don't?
http://insiderbuyingselling.com/?t=VPLM&submit=
LOL.
The whole point of DB’s vapid and pointless posts is that they’re not attributable to anyone associated with the company.
At least, not until SEC and DoJ do their job properly.
I couldn’t have said that better myself."
"We will be well rewarded."
“ Have you ever owned a single share of this stock?”
“ My gut feeling is telling me VP has a solid case against all, and special appointed advisor is working all angles from all sides for conclusion. ”
And still the dumping continues:
http://insiderbuyingselling.com/?t=VPLM
"As to the actual amount received by VP in that settlement, the best place to find this information would be in VP's next 10-K or 10-Q filing with the SEC."
Betcha it isn’t.
Today will tell us which one of us is right, agreed?
Given that the insiders’ warrants are mostly priced at 0.0025, that will form the floor for most of today’s trading.
Friday’s volume of 25 million will be dwarfed by the insiders dumping their millions of free shares as soon as they can, given that it can’t be long before even the most misled VPLM long realises the jig is up.
Apparently denial is not a river in Egypt, but a way of life for VPLM longs, and those insiders posting on this board pretending to be longs.
Here’s the truth about the Huewai case:
“The last defendant to exit from the campaign was Huawei, the most recent suit against which was dismissed with prejudice on May 13, 2024. That dismissal was with prejudice from the Northern District of Texas, shortly after District Judge Brantley Starr—on April 30, 2024—denied a motion to dismiss a complaint asserting two mobile gateway patents (8,630,234; 10,880,721) because the asserted claims are not drawn to eligible subject matter. The court refused to treat claim 1 of the '234 patent as representative of the remaining asserted claims (claims 10-11, 19-22, 24-25, 28, 30-33, 35, 37-40, 43, 45-48, 51, 53-54, 61-62, 64-65, 70, 72, and 75 of the '234 patent and claims 1, 6, 15-16, 20, 25, 34, 38, 39, 43, 45-46, 49-51, 63, 67, 77, 103-104, 109-110, 124, 130, 135-136, and 138-140 of the '721 patent), some of which contain means-plus-function elements.“
https://www.mondaq.com/unitedstates/patent/1495130/voippalcom-sues-tmobile-and-verizon-over-previously-unasserted-claims-from-previously-asserted-patents
“ I saw in May Huwuai had asked for Summary Judgment, and the Judge denied the motion. Nothing further since that PR so I'm assuming that case is proceeding.”
The last defendant to exit from the campaign was Huawei, the most recent suit against which was dismissed with prejudice on May 13, 2024. That dismissal was with prejudice from the Northern District of Texas, shortly after District Judge Brantley Starr—on April 30, 2024—denied a motion to dismiss a complaint asserting two mobile gateway patents (8,630,234; 10,880,721) because the asserted claims are not drawn to eligible subject matter. The court refused to treat claim 1 of the '234 patent as representative of the remaining asserted claims (claims 10-11, 19-22, 24-25, 28, 30-33, 35, 37-40, 43, 45-48, 51, 53-54, 61-62, 64-65, 70, 72, and 75 of the '234 patent and claims 1, 6, 15-16, 20, 25, 34, 38, 39, 43, 45-46, 49-51, 63, 67, 77, 103-104, 109-110, 124, 130, 135-136, and 138-140 of the '721 patent), some of which contain means-plus-function elements.“
“ contact vplm ir and let them know aboyut this chump”
Here’s the truth:
“ Oral summary judgments in the U.S. are generally not confidential. These judgments are part of the public record, meaning they are accessible to the public unless a specific court order seals them. This transparency is a fundamental aspect of the judicial system, ensuring accountability and public trust”
“ i read on stock twits a post from an illinois attorney..by his wording , i dont doubt he isnt one..he stated that this clerk can be in serious trouble for doing this”
When penny stock CEO self-enrichment schemes like VPLM fall below 2 cents and begin their inevitable (although often punctuated by brief spikes) decline to the trips, it becomes clearer who among their followers are sheep who, in this case, have been woefully misled and misdirected by the said CEO and his crooked IR guy, and who are the wolves in sheep's clothing who have actively connived with the CEO Malak and his felonious partner/in-crime Inza to transfer his marks' money to their own pockets while pretending to be among those very marks.
While I already have a pretty good idea who falls into each camp, it will be fascinating to get a more forensic feel for this over the coming months.
“ The last defendant to exit from the campaign was Huawei, the most recent suit against which was dismissed with prejudice on May 13, 2024. That dismissal was with prejudice from the Northern District of Texas, shortly after District Judge Brantley Starr—on April 30, 2024—denied a motion to dismiss a complaint asserting two mobile gateway patents (8,630,234; 10,880,721) because the asserted claims are not drawn to eligible subject matter. The court refused to treat claim 1 of the '234 patent as representative of the remaining asserted claims (claims 10-11, 19-22, 24-25, 28, 30-33, 35, 37-40, 43, 45-48, 51, 53-54, 61-62, 64-65, 70, 72, and 75 of the '234 patent and claims 1, 6, 15-16, 20, 25, 34, 38, 39, 43, 45-46, 49-51, 63, 67, 77, 103-104, 109-110, 124, 130, 135-136, and 138-140 of the '721 patent), some of which contain means-plus-function elements.”
Still can’t post anything about PKTX itself, only about other posters?
Ask your French Canadian mafiosi handlers for some new material, otherwise you will become even more irrelevant.