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So many things vplm has said, done, not done, have made no sense, but even more nonsensical than that, when msg board goers who ought to know the difference between sense and nonsense when it's pointed out to them, choose instead to stick up for ea other, often kissing A, and allowing themselves to be hugely biased instead of fair and balanced. That's ok tho as it's to be expected on such otc, less than 2 cent, romper room spectacles of a stock.
It's just like politics, honest forthright opinions breed contempt in an environment such as this where with the help and encouragement of administration, anything goes. It's same as the old wild west. And so it goes....
If vplm/digiphony-ca had been truthful about spending better part of $20 mil on creation of patents.......and.......been truthful about the test results of purported worldwide nodal testing........and........been truthful about the value and foundational aspects of the core patents.......then...........any truly reasonable person, knowing that vplm had been, for approx the previous 10 yrs, a voip service provider with a so called, alleged voip service platform...........would, upon finding out about the upcoming acquisition of the patent suite (applications and 1 patent), been absolutely overjoyed and super anxious to know vplm's stated promise to integrate the technology, into their already existing voip platform........and would have no reason not to believe the statements by vplm PRs, that doing so would immediately begin to increase their subscriber base by millions and start bringing in from tens to hundreds of millions of dollars in royalty revenues, as well as bringing the company to the absolute forefront of voip services providers, to be the king of the hill. This is what the PRs pounded out quite often for over 2 yrs that it took to finalize the acquisition (even tho almost every single PR put out during that over 2 year period, continually claimed the deal was done and final, beginning in late 2010 or at the latest, early 2011 and continuing with that BS until the deal was truly done in the end of December 2013). So it was more like 3 yrs of that BS, blatantly lying PRs, mostly put out by Chang, who has been reaping the benefits ever since and to this day. All the rest of the BOD, which was taken over by DIGI, as well as the orig vplm peeps, have since left, some quite mysteriously or by strange circumstances...
Point is, IF all that slung crap was TRUE back then.....then the acquisition and integration would've been a match made in heaven and that's exactly what they wanted all to believe so they could garner a huge new base of shareholders and buying of shares. And everyone here bought it all, hook, line and sinker. You couldn't ask for a better set of developments for a voip service provider...
So the stage was set... Personally, I had bought into vplm long before all that but when I heard about the patents, I was so excited and the whole thing held great promise for me. I should have known better as I had already spent 5 yrs with another can't miss, highly touted, seemingly well supported play with TIV, who eventually blew all minds by being shut down by the sec after a 50 yr operation and a highly respected and beloved ceo. Fines, jail, bans, etc.
It was a major learning process for me, fairly new to buying and selling stocks. But still I got hooked by the bs vplm STORY because it was so well told and I was already involved in the technical world and knew about voip and knew it was going places.
So as the price kept rising after my 2 cent entry, I kept buying and buying and buying, same as many did and still do. But when they threw the ENTIRE SCRIPT OUT THE WINDOW AND UNDER THE BUS, I knew something was very wrong. But no one else seemed to even give it a 2nd thought. Instead, EVERYONE HERE.....almost to a person.....was completely convinced that the company or the patents would be sell for a great deal of money, very soon.......esp. with the continuing lies from the company that deals were on the table and doors were being beat down by S&P and fortune 500 companies. Vplm LAID THE BULLSHIT ON AS THICK AS THEY COULD GET AWAY WITH IT and they have a long history of being able to slide on any and all bs they chose to sling, to this day.
Lord Emu was well versed and well practiced and very smart, by this time on how to put a very intricate and sophisticated personal enrichment scheme that worked and continues work to this day. Ironically, he even was found guilty a couple yrs back, of rogue personal enrichment as well as breaching his fiduciary duty, by a jury of his peers, and so to, the rest of the BOD was found. But he was at the top of the list.
The main point here is if vplm patents were ALL they were cracked up to be, vplm would have had every reason to stick with the plan. But for no good reason, and no fore announcement, no voting, no warning, no apparent rhyme or reason THEY RENEGED on vplm and on all of us and have been reaping the benefits ever since, in the face of and against all their loyal shareholders. And now, after collecting 40% of everything for years, are now selling bazillion of shares as fast as they can unload them, killing the pps and gaining them many millions of bucks at shareholders expense while the beliebers still belieb and praise and support them.......well, not as much as before, eh?
Oh yeah, there's some BIG SURPRISES coming down the pike allright...lol.
For some... I only wish I could see their faces when the monkey wrenches hit them on the head... For others, I just feel a little sorry for them. That's my opinion.
Did I hear right that virnetx just had their half billion award reversed? How long has that deal been going on?...... 11 or 12 yrs now? Guaranteed the litigations with vplm will be going on for longer that that and the shareholders will likely never see anything but a big loss. Approx 3 and a half yrs ago, I posted here that this will go on for another 10 yrs. Ea year I have reiterated it as another year goes by. Most recently I said it would be yet about 6.5 more yrs. I should say that's a very conservative prediction. In all likelihood and all things considered, it will go on much longer than that. I know some of the core patents will expire before that time frame but that shouldn't matter so long as the litigation starting points precede the expiration dates. Not a scintilla of doubt in my mind the trials and appeals will go on seemingly forever, unless of course, the SEC steps in and put a stop to this or when the insiders have sold all the shares they have to sell, then vplm files BK.
As far as the latest greatest promise of ship coming in or at least starting to, this February, and a real serious rise in price occurs, commensurate with all the billions and billions and more billions the company has touted for damages, et al, I don't see it happening for all the reasons I previously have delineated. And for the same set of reasons, I expect more monkey wrenches come 2/14 or sooner. And blame lord Emu of eGIPPed, for perpetration of so much consternation, frustration, confusion and general tumult, by purposely failing once again in his fiduciary duty to keep the shareholders informed. He and wifey have shown an awful lot of disrespect to the shareholders. Same as saying FU to their major concerns.
Vplm......the covid 19 of pennystocks.......... how many have died waiting?
"endless hope"......very good description. Not a bad thing, per se, but unfortunate.
Oh, and if you meant married to msg board.......you're damn right as it's so funny and entertaining. That would be the top reason, the entertainment is addictive... not that you're much of a contributor in that regard. But I love f...ing with the know it alls who think they do... and the pseudo intellectuals, who think they are and all the adults who act to like children, bitching, hollering, complaining, insulting, namecalling and hating and all the while trying to say that others are crazy. They convince no one of anything. They are mere narcissists. Yes, it's funny, entertaining to no end and yes, it allowed me to cut the cord. Now, you might say I'm easily amused. Ok, so what? Reading the illusory superiority the same guys constantly sling here is not only damn good entertainment but also helps one keep their feet firmly planted. It's like one flew over the cuckoos nest. My thanks
If you knew what you were talking about, maybe you'd be dangerous, but I doubt that too... Married? Married to what? I'm not married to anything. I made money years ago with vplm and I also decided to never buy vplm again because I came to distrust the operation. I didn't need to sell all my stock to get in the black with vplm. I also never once went into the red with my initial investment into a bunch of different stocks in 2008/9. So I did well for being a total novice, in spite of some loser stocks. And since I'm way ahead with vplm and the pps is way below my avg cost for them, I'd rather use them for wallpaper than sell them for a loss, even tho I'm locked into the black in perpetuity. So if they ever go to 50 cents, fine...
and I'll sell....maybe.....but it's not gonna happen so oh well. I've already mentally written them off. I'd rather burn em if no 50c. If I trashed them right now, I'd still be ahead, so they can kiss my ass. If you think that's being married, your powers of discernment need a tuneup...
Best of luck...
"then that is the definition of insider trading, which is illegal"
Stated wrong. Insider trading is not illegal as you put it. So illegal trading on inside info does not define "insider trading". Also, it's kinda silly to say it's hard to believe anyone to be that careless, when there have been countless cases of illegal insider trading procecuted by the SEC over the years, not to mention all the cases they never procecuted for 1 reason or another, such as SEC corruption. The point is it happens almost daily so apparently there ARE many careless operators...
.
There are numerous ones but perhaps the most important question unable to be answered (unable and/or unwilling) by the pro vplm side, is the one that asks, how can it be that not a single voip service provider on the planet (within the purview of the patents) has not become froggy and leapt up to buy the patents or at least license or settle, in all these years? The silly non answer of "cuz it's cheaper to steal and use them", is so off the mark and wholly inadequate, as to barely merit mention, nevertheless been used many times. Ignorant, that is.
It's so simple to understand....
I'm as positive as can be that never in history has there never ever been a product with the value assigned to it by its owners and developers (vplm and digifonica, respectively) such as that of vplm's patent suite, especially when looked at thru the lens of its various revenue producing capabilites and attributes, ie infringement, selling, licensing, settlements, offsetting competition, stock sales, etc etc etc. In addition to above, when applied to both the named and as yet unnamed alleged infringers and in the use of the damages models that vplm published years ago and which were updated from eatlier models and probably need get further monetary updating........well.......all of that happens to easily equate to a possible and potential, but very realistic, upward of a trillion dollars, all things considered and of course, depending on just how much effort an owner of the patent wishes to and is prepared to apply.
The above established, and it has definitely been so, also never has there been a product of anything even approaching the above attributes, value wise, to be on the market or on the table, fully available for purchase.......and no voip service providers or big investors, who could see a good thing, has ever left said such immensely valuable product unbought, unlicensed or unsettled for, since all voip service providers have been clearly identified by vplm as infringers.
There is also the so far unnoted attribute of the tremendous power associated with the ownership and total control of one of the most important and popular instruments of communications, ever developed. It means that more than likely, such power over Internet communications, as well as total elimination of all competition, would eventually result in whoever became the owners, to wind up having to be broken up like ma bell was, for monopoly laws.
To all this must be added, that regardless of stealing and use of the patents in an infringement manner, can never be intelligent viewed as a cheaper and easier way to deal..........because.........very simply..........eventually, whoever is or becomes an owner, is most likely to sue for infringement sooner or later and that would result in humongous damage awards, which would not be a very fiduciary thing for potential infringers to do if they had much in the way of intelligent decision making.
So from all this, it becomes obvious, at least to me, but not limited to me, that it SIMPLY MAKES NO SENSE WHATSOEVER, for the vplm patents to be left for years and years.......unpurchased, unlicensed and unsettled (with the possible exception of the recent purported settlement(s), of which there so far seems to be no evidence of nor of any value to the shareholders.
Conclusion: they all know full well that there is no threat to them at all and no infringement exists.
How many times over the years, have many of the same ppl, come on here stating that it'll all be over very soon, with vplm cleaning up?
That..............is just 1 more of a spate of questions that the super duper positive true longs simply cannot and will not EVER answer.... They wouldn't DARE.
It gives me such a warm and fuzzy feeling. Haha.......because it just helps connect the dots! They're most likely right about the explosion coming soon over the next few months.........which will leave smoking craters in their minds they'd like to blow away, as the final truth is revealed............................................................................or not.
Here's more ridiculousness that shareholders are asked to swallow... Oh man...
Hudnell is supposed to be this super lawyer...but I find it extremely fishy that:
On his website front page, he lists his top accomplishments. 4 out of the top 5 are listed as vplm accomplishments... So that is his main claim to fame.....that in the years since he came on board, he has managed to see the pps go down HOW MUCH?? I'll have to do some research on that to see just how much it fell on his watch.
His #1 listed accomplishment is he get a favorable settlement from Amazon for vplm. That is even tho there is no evidence of any settlement so far and has only caused the price drop CONSIDERABLY since the alleged settlement... And while it's good enough for a "super lawyer" to list this as his numero uno accomplishment of his career, it's apparently not good in terms of a material event to be be noted, as required, within around 4 days, in the form of an 8k.......AND/OR...........the 3rd quarter 10k even tho the announcement of the settlement 1st came on 5/2 and even if you add the 45 days for finalization, that's still only mid June, while the 3rd quarter report was on 8/16 or thereabouts. And again, price dropped ever since his NUMBER 1 LISTED (by himself) career accomplishment... Something seems very OFF there to me. It reminds me of djt constantly touting that he was the best prez of all time.
The other 3 accomplishments of the 4 out of top 5 are all claiming he was responsible for a bunch of IPR favorable decisions. To me, that's a load of crap because the patents were valid to begin with DUE TO THE UNMATCHED WISDOM, EXPERTISE AND PROFESSIONALISM of the USPTO, then the various challenges to the patents and the PTAB, who never have a negative decision on a whole slew of challenges to the patents ever since ol Tom Sawyer threatened them with Federal RICO charges, having sent the letters to the potus, the scotus, and all of congress, and governors. But not only that (and that's a pretty damn big "that"), the challengers
FAILED to bring forth any valid challenges to validity, therefore, vplm gained nothing they didn't already have.....ON THEIR OWN ALREADY PREVIOUSLY ESTABLISHED MERITS. So, in other words, vplm's patents DEFENDED THEMSELVES SIMPLY BY THE VERY NATURE OF THERE ALREADY EXISTING VALIDITIES!!! So they didn't even need hudnell as the patents defended themselves upon THEIR OWN RIGHT.
Did I mention that since hudnell came on board, the price has tanked and all we get is phantom settlement and zero benefit. Yay Hudnell....way to go man!
Being only a "desktop Dr.", you should have patience, not patients...
I don't know what your vplm price point is, but whatever it is, it's somewhere between
.005 and .45 and I doubt it is at those extremes so just for the sake of conversation, let's say it's about a nickel, since that's much higher than the avg pps. So 5 to 10x is 25 to 50 cents. So what that tells me is you obviously don't believe the vplm assessments of many many billions of dollars. You must see that as total bullshit. Since you see the assessments from vplm as total bullshit, then it follows that you realize vplm is a big bullshitting machine. And since it follows that vplm is a big bullshitting machine, then there's no reason to believe them about how great and necessary and foundational the patents are. Thus buying more and more is akin to donating your money for the lord Emu of eGipped go fund me page or having it direct deposited into their personal ATM. Please don't get me wrong.....I've no desire to put words in your mouth or twist what you said. Just following along and connecting the dots.
You can lead a horse to water.........but it'll never buy the patents
didhejustsaythat
Agree... you can create as many wash sales as you want during the course of year. No such thing as "can't buy back“. Not that simple...
Instead of the suggested reverse split, I think they're gonna do an "mc" (convert price to Mexican.....pesos)
jez sayin...
I remote viewed the future price of vplm..... Can't tell ya...
(sung to the tune: "let's bet $2000" I've got the email", lolol)
waytoofreakinfunny
It's so amusing how the "smart guys" have this all figured out, you know, all the behind the scene stuff and legal and comparisons to other patent plays, etc etc......what I'd give to see their faces when the reality finally becomes undeniable to them. Priceless, it would be.........and price-less it will be...
THIS JUST IN:
Friday night smackdown being replaced by vplm msg board!
I hope you're not gonna leave me hanging... I'll assume you're just not available til later.
Ok I found the announcement. It goes back further than I thought, to 2021. Surely you can see how I became confused with your posts today and it does indeed say it was canceled but is this 2 different separate things? Sorry if I wrongly contradicted you about this. Your last post is more than I can digest. Ok let's see if it will paste...
VoIP-Pal CEO Cancels Anti-Dilution Provision, Forgoes Compensation
WACO, Texas, April 13, 2021 (GLOBE NEWSWIRE) -- VoIP-Pal.com Inc. (“VoIP-Pal”, “Company”) (OTCQB: VPLM) is pleased to announce that CEO Emil Malak has agreed to cancel the anti-dilution provision in his original contract that required the Company to maintain his 40% ownership in its issued stock, and to return several hundred million shares of common stock to the Company treasury in exchange for an equivalent number of warrants to purchase shares at yesterday’s closing price. In addition, he has forgiven current accrued compensation owed to him totaling over $318,000, representing salary for the past three years.
____________________
* now I'm thinking he pulled yet another fast one in this current agreement whereby he completely negates and makes a big liar out of himself with regard to his alleged recinding of the original deal and made it appear as though he was mother Teresa to us when in fact, it's the SAME DAMN DEAL in disguise. I'm lost. Hep me Hep me
Perhaps I misunderstand or don't know the whole picture.. What you posted is more than I can wrap my head around without feeling a headache coming on, lol, but appreciate that you sent it. I'm not sure if you are aware of what I was referring to. I can see from the document you sent that it's a 2023 current thing so I'm confused. It's almost as if the Emu canceled the long "celebrated" "anti-dilution" agreement that gave him and maintained he get 40% of all stock sales (if I even understood that correctly?) and many times over the years, I liked to refer to it as his sweetheart deal that he made for himself when the acquisition agreement was drawn up. I thought it was kinda obscene myself. But anyway, I see references in your document to Digi-phony-ca and the 2013 agreement (which actually went back to 2011 or maybe even 10, and Chang blatantly lied over and over to the shareholders and potentials, about how it was a done deal while in fact it wasn't a done deal until almost 2014 (near end of Dec, 2013). So it appears to be referencing that original 40% kickback deal but I also see how it refences 2023, so admittedly, I'm confused. But, in case you're not fully aware of that so called "anti-dilution" sweetheart 40% deal, I'm gonna take a look on their website to see if the cancelation of it is posted there. I'm sure you'll be able to straighten me out, but the PR then clearly said it was canceled. Now, I'm starting to believe he may wind up sharing a cell with DJT, lol.
Sounds like maybe you misunderstand. He's claiming that the Emu sent him a rude, nasty, disrespectful email when asked about his (emu's) deeds AFTER he 1st contacted Emu. But there is no such email. I happen to know that for a fact. It's just him throwing well deserved shade on lord Emu of eGip. When ppl claim to have sensitive documents and even go so far as to say broadly, what is contained in them, but refuse to make public on their own and/or when asked, it means there is no such document. Just part of the agenda which is justified in this case. It's a way to embarrass someone without showing the proof. And often they will "offer" to make a big bet in a scenario where that's not even possible to pull off for numerous reasons. That's yet another TELL. Anyway, point is, the alleged email is supposed to be FROM not to, the Emu.
Talk about transparent...hahaha....
KIDS, THERE IS NO EMAIL! IT DOESN'T EXIST. .
The rest is true but there IS no email from Emu. Total bull. He is faaar smarter than that. You, understandably just want to throw shade on the Emu and he deserves every bit of it, but Emu email is eFantasy.
Like who? Not all BOD are part of the "cabal". The cabal is made up of much support to vplm to keep the dirt cheap shares flowing their way. It's a personal ATM. All past BOD have skipped out except for former president and ceo Chang, the dude that put his name on all the big whopper PR lies, many years ago, in order to entice all the new shareholders and stock sales that got this baby rolling AND changed it from a so called voip service provider into the poster boy for patent trolls. Read the history. It's all there in black and white.
I don't disagree with that but I still see big possibility of a bounce back. History shows they can do it thru the means I mentioned. Or maybe they can slow the slide down to last for more years. I see no trials, no settlements, no buyout, no partnerships, no licenses.........BUT ARE THEY WILLING TO GIVE UP THE BIG GREEN MONSTER share printing share selling personal ATM? I GUESS THAT DEPENDS ON THEIR LEVEL OF GREED. Those that think they did everything FOR US are delusional in light of what they are doing with the massive selling. By the way, didn't you say that wifey had something like 320mm shares and sold about half so far? Since alot of those shares were gifted to her from lord Emu of eGIPPED, how can that other guy quote such a ridiculously low percentage?
I think it still has the ability to bounce back up via private placements, paid pumpers and bs PRs, as well as wishful thinking conjecture. They've successfully done so for years and years. Watch and see. If I'm wrong I'm wrong. They are extremely resilient. Look at all the funds they have procured for years after EVERYONE here said they would NOT be able to withstand the fight of the big dogs, but they DID, handily. On the other hand, as I noted, maybe it's too far used up and the end is near. I don't think so. In fact you yourself said THE EXACT SAME THING recently about their ability to keep it going for years more. You just said that within the last couple weeks or less.
FYI, the 40% thing, formerly known as (the genius and so called) "anti-dilution clause" was recinded by lord Emu of e-gip, roughly a year ago and apparently to me, replaced with the new and improved scheme of gifting kazillions of shares to "friends and family" (read mainly wifey) who then in turn, sells at huge profits as fast as she can dump them. That anti dilution clause (pretty ironic name) is what maintained the 40% for him and is no longer in place.
Both of those points make more sense than other ideas (even tho I have been saying/predicting the same thing for a long time). Those 2 points connect the dots very well. All the other conjectures out there have to stress and strain and stretch in attempt to make some kind of sense. Your above makes sense. It's sooo obvious. Pro vplm peeps have inherent blinders on and cannot accept the obvious.
The only thing I'm not solid on....is whether or not lord Emu and his merry band of hucksters can continue to control via MM manipulation, to keep the pps from going too much lower. Maybe they realize the whole scheme is burning out and and toast but then again, they, via the most listened to paid pumpers and via the blue light special sales from their regular buyers who are enriched continuously with near zero prices, can possibly keep the big green monster insider share printer/personal ATM/bs PR lies maker, machine alive and open for biz. Don't forget, price has been below half cent before and sub penny for long periods of time. I still think they can keep the Ring-a-ding bros fartum daily circus farce going for 6 more years...
BS...then where's the damn money? Then where's the higher pps? Ain't nothing sensible about it at all. Either they infringe or they don't. This reminds me of the "love letters" vplm sent out to the alleged infringers. Shareholders were after vplm for a long time, begging vplm to send out letters of infringement. Finally, after a long long time, vplm sent out some embarrassing love notes and had the stupidity to publish them for the shareholders to see... They said stuff like "um, you might wanna check your stuff. You might possibly be infringing on out patents. Check it out and let us know"
That's obviously not verbatim but that was the gist of it. I'm sure those letters are nowhere to be found anymore, just like the list of 60 alleged infringers they also published and then quickly removed the list forever.
This is a damn rape of shareholders been goin on for years while ppl make all sorts of excuses for them and allow and encourage the ripoff. We hand them everything" on a silver platter. Selling out like no tomorrow, failing to file required forms, killing the share price, staying mum on sharing info with their shareholders, ignoring all the complaints and concerns. Sham, scam, thankyou ma'am.
"WHEN VERIZON AND MOBIL.FOUND OUT.THEY SAID HMM;MM.LET;S FIGHT THESE MFs TO THE END."
That's a good point. I hadn't thought of that before...
Sorry, meant to identify the loophole as 10b5-1. I think that's the loophole that I posted alot about it a couple months back. Apparently it was closed in April unless a cruel April fools joke... (read the whole report)
https://qz.com/the-sec-is-closing-a-common-loophole-for-corporate-exec-1850282801
https://phys.org/news/2023-10-sec-insider-loopholes.html
Interestingly and as an aside..... here is another loophole that I didn't know about and is only for congress....a BLATANT double standard and example of how congress treats themselves as elite. Maybe this loophole was closed, I don't know, but it's sickening and par for the course. Power corrupts.
Dots don't connect for a tentative checkmate.. If true, why sell undercutting everyone else? Why not suspend 4k and cash in many x more? Pollyanna.. Price on verge of subpenny and back to pink or BK. To me, if trial means losing, selling out 1st makes more sense.
I remember something about a loophole but can't recall what is it but then what about nothing in the 10q? Same loophole? And IF there was some huge deal, why would Emu and wife sell tons cheap as dirt? I'm thinking the loophole was whether or not a 4k (pre set sales) was filed. I believe her signature was there. I tried to bring this up many times. No one interested. That's the loophole I remember now, no? Regardless, doesn't explain selling out as fast as your fingers can type and push buttons. Originally, when I became aware of this, I tried to verify if done or not because I was trying to help quell the anger about the selling. Again, even if true, selling on this level and the effect it's having isn't justified in my opinion. It's killing the stock.......BUT.......IRONICALLY.......a moot point IF the patents ain't all that.
Why do you think no date has been set for the alleged feb trial push back?
So you believe, as I do, that either rich, in your pockets, Inza was blatantly lying about the Amazon settlement and it being "good for the shareholders" OR.......the guy here that said he spoke to Inza and Inza told him this.......was lying?
I see what you're saying Mr Orca and the dots do seem to connect. I don't see how anyone can think the 2 of them give a damn about about the shareholders AND selling at such cheap prices tells me there is nothing good on the horizon, because why wouldn't they wait for higher prices if there are settlements and good stuff coming AND......its very difficult for me to see how they are doing this WITHOUT some knowledge of material info. Maybe I don't know enough about all the possibilities but my instincts and intuitiveness tells me this ain't right what they're doing. It's such an insult and they know how many see this and have zip to say about it. How else can a reasonable shareholder decipher that? And who can see Mrs Emu selling not as Mr Emu selling?
The only reason that it spiked to 45 cents (for a minute or 2) was because the "boy who cried wolf" syndrome had not yet solidified to what it is today and so there were still many easily swayed by the alleged good news of 8 positive IPR decisions. That and there were also a ton of pumps happening simultaneously, both paid and unpaid. Even vplm was still paying known pumper companies at that point as I had dug up some of those records. They were spending tens of thousands of dollars plus tons of stock for pymts to the newsletter guys. As soon as it hit 45 cents, it immediately began a 4 to 5 year clear downtrend slide of approx 98%, from 45 back down to where it started at around 2 cents or below. That percentage somehow doesn't look right at the moment but it was definitely a 4 to 5 yr downtrend, very consistently, down to 2 cents or less. And the same downslide happened a year or 2 earlier when they momentarily hit 35 cent on conjecture. Those were the 2 big non lasting spikes. Vplm has always consistently fallen, usually back to where it started or often lower after all spikes, even the small ones. It never grows and never maintains any rises. One thing most peeps don't know is that when vplm 1st started charting, I think back about 2004 or so, it opened at somewhere around 10 to 20 cents an then shot right up to near 40 cents then fell back to the basement where, on avg, is where it usually resides, ie, in the 1 to 2 cent range. It's now, after all these years and all the hype and promises, about a penny or less above its lowest lows and falling as fast as the emuette can sell. They're happy. Shareholders not aside from a couple cult followers who hallucinate grandeur for vplm and lord Emu.
What about the Emu, shoes he still have alot of shares left to gift? Will we be seeing that as well?
I think you meant "will not go private". Nice to hear that deal went pretty good for you overall. In the 2008/9 crash, I knew zero about stocks and investing but I did recognize there was a rare opportunity to get in. I started in 2008 but couldn't get my application thru with the broker until 2009. I knew nothing. I bought some pennystocks and some big board, like Ford and BankofA. I did well with the big board stocks as the recovery commenced but the pennystocks, one by one, pretty much all went kaput eventually except for vplm. I made an initial investment and I never once went into the red, so my common sense did decent but the main thing was the market recovery circumstances. I stopped trading until I could learn more and afford to lose if things went that way. I went thru this whole scammy thing with a company "TIV" out of Bakersfield, CA. Unreal story that was. Similar in many ways to vplm. It even went BK and then actually came back from BK and went from pennies to over $17 and was around for near 50 yrs, and had a very beloved ceo for decades but it went rogue and scammy and shut down by SEC. I learned alot from that 5 yr long experience for me but even so, I still invested in vplm because it was a voip service provider and I was already aware of and had used voip and believed it was major up and coming industry. I got in long before the acquisition or any talk of patents. As soon as the acquisition was announced, which took at least over 2 yrs to complete, then Chang starred putting out those total bullshit PRs which I bought hook, line and sinker. The rest is history, lol. I made out ok in the end before swearing off any more vplm buying. Very lucky.
I see. Obviously you didn't expect that scenario to happen. What a pain in the butt certs can be. Apparently there wasn't much warning the company would go private...
I wonder if there's such a possibility of the same happening with vplm? Sure hope not but I wouldn't put anything past them after all the crap I've seen them pull over the past 15 yrs or so. I feel very lucky to have been able to end my buying relationship with vplm, in the black and it would be real nice to see that 50 cents for my remaining shares but we both know that's about as likely as the sun not going down tonight.
Thanks for the informative replies.