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I agree and also read that the 3rd party plaintiff is pursuing state and SEC investigation as well. if shares were issued to anyone in connection with this case on offshore companies and not justified i'm sure the authorities would look at it under the microscope.
So let me get this right. The company does not have any revenue for half a decade. It raises capital to survive meaning selling shares yet the company has never disclosed how much money it raise and how much shares issued at what price. The only thing we have ever seen is share dilution. Look at the quarterly fillings, shares are issued at 0.001 cents when the stock were trading at 0.05 cents this is major dilution. Additionally huge amount of shares are issued to one individual constantly.
There are something going on we do not know and the company does not want us to know.
why is a public company not disclosing how much money raised and at what price?
QUESTIONABLE...
You are asking the right questions but i doubt you will get any useful answers other than look at the "BOD - this company is worth a billion". I have done much DD on this company. These are some of the information i received from my advisor. I would rather believe him than guys on this board.
As far as trading is concerns most us brokerage firms will not trade the stock. If you hold position you can sell but you cannot buy. How are you going to sell if there are no buyers? The company is not in compliant and its on chill. The company has never filled S1 registration and is non reporting and unaudited.
Most of the trades are from offshore securities firms like Titan global based in belize and others in bahamas. US bans citizens from holding offshore position in unregulated secuirities. so most of the trades are mostly likely from offshore wheeling for a buck here and there. I assume someone is benefiting
Ironically does it make any sense why majority of shareholders are all offshore companies? take a look here http://www.otcmarkets.com/stock/VPLM/filings
now this company has lawsuit where it is alleged to be fraudulent in its dealing with offshore companies.
The entire company business dealings are mostly with offshore business as stated by another person on this board including DIGI.
maybe the company has something nevertheless i am ready to get in at 0.01 cents. I believe this stock is not going anywhere.
Oh yes - I really do want to get in because this company may have something however with all the mystery surrounding the company i think it will drop to 0.1 cents.
I hope you guys are buying shares. This darling has dropped 40% since the peak. You should be buying at this cheap price. Off course the volume tells a different story. I will get in at 0.01 cents.
vplm is in debt and has no money. so one debt ridden company bought another debt ridden company - with what? debt?
how did vplm buy digi? how much was paid for.
simple answer. do you ever question why the company does not want to disclosed this info.
1. digi even though is listed as gibralta company it also list Vancouver BC Canada as it address.
2. VPLM is US NV Corp.
3. The largest shareholder kipping is from Vancouver BC as well.
Do you think this is another one of his deals.
Specially to the fact that the company has never disclosed how much and how it paid for digi. Its not a partnership or a merger it is acqusition. So vplm bought digi.
No disclosure on board compensation even as a public company.
I think this is one of those non-transparent deals. wonder why the company is against audited financials.
Hard to believ a billion dollar company in the works financials is unaudited.
how is vplm paying for the patent. the company has no money and no revenue. are you saying digi couldn't gather 25k to go through the process when digi raised millions?
spot on SDTECH. why would you sell patents worth billion to a company that has nothing going for? 0 customers 0 rev - basically a shell for the past 5 years. Digi could have approached msft and got 100m cash for these patents if it is indeed worth it.
How much did VPLM pay for the patents?
How much is vplm paying for the board. we know the company does not have cash so it must be shares right?
To be honest this seems to be backdoor dealing and the last backdoor deals fired in the face of vplm currently with the fraud lawsuit.
Hope they have better answers. As you can see investors do not really believe vplm story.
yep they seem to avoid the facts. it is not hard to understand this company past history is questionable
understandable and you are right bud. Its questionable as to why these pro with high credentials would agree to sit on the board.
Maybe the company does have something however from past results even I would be skeptical to being an affiliate to the company.
This company has nothing to show for in the past (technical a shell) until this year with the patents prospect. These patents has not been carefully appraised and there are no clear indication that any major company is interested Other than the press release put out there by the company saying fortune 500 are interested in acquiring these patents.
To be honest we have seen these sorts of PR. someone pointed out the PR saying the company has engaged and Open sales channel to India with major provider etc called Rupeechat.com coming to find out this site is owned by the biggest shareholder in the company richard kipping and his wife. what happened to the sales channel stunt?
My adviser tells me this is most likely another gimmick, show me a serious CEO that puts out PR saying another company is interested in buying us?
I am definitely a buyer if i can see some transparencies until then its all smokescreen bud.
Whats going on. Not a single trade today? has the stock been delisted?
You are right about that but why isn't the stock moving up despite God joining the board? maybe the market does not believe in this appointment to be worthy or the market is skeptical?
smart investor wants to know all the facts. yes there are perhaps potential with this stock however you cannot just ignore everything about the company.
because i would like to know all there is to know before i buy shares. sure i am interested why ignore public facts? no movement with the stock today.
why not? this company has never made any money ever so why is this any different. i would like to see the board compensation and how the board is paid. Ironically these information is not published by the company makes me wonder why they refuse to have audited statements. FYI please go to any legal document retrieval site and get a copy of the pending lawsuit. Pretty ugly man. Seems to me that this company is tied up in ugly stuff and Mr kipping seems to be head honcho. Can you count all the offshore holding companies as shareholders in the company?
I am skeptical to just buy but I m watching patiently.
to who, how, when? I dont see this happening. Is Orange going to integrate LI into their network? Its more complex than you think.
another hype. when the company start making real money i am surely a buyer. I predict the stock is going to drop today.
offshore account, enlighten me please?
actually it makes sense now that you mention that. I read article here.. http://www.sec.gov/litigation/litreleases/2013/lr22683.htm
isn't this illegal? I am wondering is this the reason most of the shareholders on vplm are offshore companies?
Per my understanding US citizens are barred from owning trading account offshore which is not regulated by the SEC, i am not about to go to jail to trade penny stock. I will stay with US brokers. they are regulated and lawful.
You know you cannot short a penny stock (no way). I am not bashing anyone. I am merely doing DD required to possibly invest. It seems that certain people don't like the fact that i am asking tough questions they would rather see me post stuff like oh yeah this stock is worth $1 no reasoning for the valuation. In my view that is false manipulation. I am not here to promote the stock. I am here to read all there is about this company before I invest.
How? Please tell me how to short. Half of brokerages are not trading this stock let alone short. You cannot trade penny stocks.
right on point fromlowtohigh. Remember there are alot of posts alleging kipping involvement? why is non-officer or affiliate has some much involvement? is this not SEC violation? most die hard supporters seems to think it is perfectly ok. have you also noticed that all the major shareholders in the company are offshore companies? I find this sort of fishy to be honest.
You should call him and ask him directly regarding the posts or send me his number or the post you are referring to. Would be great to hear his version of what is really going on because there are posts on this board painting him to be a swindler. To invest in this company we need all the facts. Thank you.
Why is wealthy person asking money from someone to invest? Why not invest his money in vplm and take this stock to
$1 Billion mkt cap
Spec you maybe right but to be honest there are a lot of unanswered questions. The company has never explained how it manages to raise funds to the tune of over 100K every quarter. It does not explain who and how many shares issued for funding. Dilution is bad for all investors and currently i believe the company has issued 500M shares. Who knows how many preferred shares the company has issued. We know the company does not have any revenue. Perhaps the post by VenCap is true maybe not - I would like to know more.
This seem to be interesting post....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86019686
True or False - who knows.
How does this benefit VPLM? It is skype encryption problem. If anything the NSA will need to work with skype to solve the issue so how is this relevant to VPLM LI. I have not seen any company that has no real operations, no customers no revenue in over 5 years of operations yet seem to think its 1 Billion Dollar company. There is also a lawsuit default slapped on it (check out the lawsuit court records). I see things are moving on very well with the company. Moderators do not delete my post it is important discussion.
Like I said I am sure the government is already tapping calls.
How are they doing this if they do not have intercepting tools. Do you think the government would dump the current system in place for VPLM LI. You should know that this stock cannot be shorted.
LI is not important. After all the hoopla with NSA admitting snooping do you really think the NSA is going to approach VPLM. The govt already has live real-time wiretapping in place.
Spoke to TD ameritrade and there are still issues with buying of this stock
There is a DTC chill on the stock essentially TD ameritrade cannot buy the stock. ONLY sell on open position.
Etrade said Nope cant do this stock. TD ameritrade said No as well.
Please email me the name of your broker firm if you dont mind.
Lastly I did some research so what is this then?
http://www.thelebrechtgroup.com/tlg-publications/rule-144s-impact-on-shell-companies/
So far what I have gathered is that this company is or has been a shell, and it is non reporting so lets say if I wanted to actually invest in this company I will not be able to sell it until the company file S1?
So how are shareholders able to sell the shares?
There seem to be lots of shareholders holding shares.
Interesting questions about VPLM.
Moderators please do not remove this post. It is not intended to bash on the company. I am simply looking for answers which I have not found. After speaking to my brokers on buying the stock this is what he advised.
Few years ago VPLM was a shell company. Shell companies are not allowed to sell or list on the market. VPLM is mentioned as development stage company for the past 4 years or so however VPLM has never filed S1 Registration which is required for reporting.
The broker will not trade (buy or sell) this stock and I cannot find any brokerage firm able to trade vplm.
So my question to you guys -
1. Is it a shell or not
2. It is obvious that the company is non reporting because the financials are unaudited.
3. I cannot find any info on the S1 fillings if any over past few years
4. Even if I wanted to invest in the company I am not able to do so because I wont be able to sell the shares?
Only attention is see if from this board. A billion dollar company in the making ? I would expect editorial review by bloomberg or industry journalist.
I speak of patents from Nortel and remember nortel revolutionized mobile communication Not patent from Somalia Telecom.
Little bit of information here. Nortel sold its patent portfolio for for 4.5B http://news.cnet.com/8301-27076_3-20078493-248/nortel-patent-sale-gets-court-approval/
6000 patents. Now I am sure some of these patents are crucial to the telecom sector. Avg patent is worth $750,000.
How do u explain 1B market cap?
OMG - I ask valid questions like why unaudited financials for 1 billion dollar company in the making, and simple thing any smart investor should ask. As always no answer from you insiders instead i get "Digress" - Oh guess what it's going to rain tomorrow. My friend it is not bashing. These information are public so if you would have done your DD you would be asking the same questions.
Please get in touch with the company and ask some of those questions and post it here. I doubt you will receive a reply to your questions.
No Disrespect to Dr Tucker and I am sure he is very smart but have you questioned why a man of his credentials is not sitting on the board of csco, nortel, apple, qualcom fb, yahoo etc? Why a penny stock company other than prospect patent has no assets, and trailing Zero(0) for the entire balance sheet for years? At what price is vplm paying for his board representation?. The company seems to be raising money and burning money how is it that none of this is disclosed on the financials and at what price?
Why is the company statements unaudited? (This alone is major redflag)
Just because there is a great man on the board does not change the game. Enron, Worldcomm and AIG amongst many others failed with heavy hitters sitting on the board. Board representation does not change anything. Its PR stunt.
sorry i speak the truth.
what is the significance of this date and time? off course I am new to the board and conducted research and also read the statements and reports officially issued by the company (Public info. What is wrong with that?). I asked clever questions rather then irrational exuberance of hype of a billion dollar company in the making trading at 10 cents and frankly the financials and reports not worth the time and efforts put into it. There is nothing going on with this company other than debt and so called patent worth 1 Billion according to you. So please be honest and post clever questions and info rather than hype.
keepmecloser, to answer your questions no i am not.
but i see you are.all your posts seems to be from the past. you should be worried my friend.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67813555