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DB-Thought I was too old to be concerned by asking embarrassing questions however, is the Amazon case NOT under the Alice ruling? What else (if any) involving our legal complaints in the U S are outside of Judge Koh’s ruling?
d1-The Opinion of Counsel letter published on 4/25/2019 however dated on 4/15/2019 appears to be a component of the registration process to Uplist. Perhaps we’re closer than we think?
When is a late reporting/non-reporting entity in trouble with the SEC to the extent that trading is halted? Usually a company formally requests an extension; we are 10 days beyond reporting requirements and I can’t find an extension request?
MB-I think we have begun to have IP protection for our product formulations.
Thanks! Great to know we’re still shipping/receiving product!
JC-Thanks. Did you read or see the prospectus for the xyzhemp IPO?
Are ambassadors and/or customers receiving Cannazall products?
It-Injunctive relief has been formally filed in the EU?
The EU potential appears to be substantial! To advance monetization, do we next seek injunctive relief thru a cease/desist order?
Are the (3) persons named forming a totally “NEW” company to exploit the new products being developed?
dz-Reminded that on March 8, 2018 we acquired the trademark Knockout Punch and recorded it as an $350,000 asset!!! It appeared to be the lynchpin to our former strategy, if not critical for us today, I wonder can we sell in the marketplace?
Revenue growth in Q4 was great! Cost of revenue was frightening high as well as Receivables while Sales/general/admin was significantly down! Need the Corporate update to explain “perhaps” a change in direction?
Check it out; it’s vastly different in my view....love the top line........
nyt-Offer received “clearly” AFTER the Koh ruling.......after, after, after..........
VV-“Part of the offer provided options to purchase only the stock owned by VoIp-pal’s CEO, Emil Malik. Fully exercised, the options would have paid Mr. Malak approximately $150 million for his shares of Voip-Pal stock”.
$150,000,000 for Malak’s shares only!!! He owns app 781,000,000 shares.
This is a much experienced BOD that acted immediately upon receipt of the formal written offer.
App $150,000,000 for his app 780,000,000 shares is app $0.192 per share valuing the company @$380,000,000.
TM-Does this suggest that our only producing asset has or is being sold without shareholder notification? Might this be the reason that the 10Q is late and no extension is requested? IR should know!!!
Greatly improved site! Staying green and growing PPS demands execution including shipping of the new products!!!
St-Giddy because of receiving an offer; it’s marvelous! And it’s from persons who understand our patents. With publication of their names, of course there will be further discussions, likely additional offers. Importantly is that we’re “in play”! Offer came after Judge Koh’s decision!!!
The EU has great potential in the coming weeks/months! I’m desirous on understanding the company’s perspective on our last issued US patent as well as how it extends our coverage now and in the future.
There is a bit of aloofness in Silicon Valley, in fact with most successful technology companies regardless of their HQ location. Therefore can you imagine how certain so called pedigreed persons would react/respond to our CEO who’s a restaurant owner telling them NO to their offers....
So, we/Emil said no, then Judge Koh rendered her findings and that allowed/facilitated/emboldened the acquiring team to go on the record with a recent formal offer. Given this aforementioned, we’re actually “in play” with at minimum a former Apple CEO & Chairman who owns 16 of his own patents buttressed by the COO of a well respected IP organization.
They believe that recent events have given them “leverage” to pressure us to a different answer. They aren’t going away soon.....
TS-The BOD met yesterday as a result of a written formal offer to wrestle management control for VOIP-PAL by acquiring the shares of the CEO who owns approximately 40% of the company.
Emil Malik, VOIP-PAL’s CEO has frequently stated that he believes & supports a valuation of at least a $1.00+ per share; the BOD led by Emil rejected the offer!
Mr. William Sweet, a well known IP expert was/is a part of the acquiring team. He is the COO of Inflexion Point Analytics, Palo Alto, CA.
This offer to me is truly foundational and it serves to address the frequently overwhelming criticism, “ but no one has ever seen fit to make an offer”.
It is also my opinion that discussions have been ongoing for a period of time and this “acquiring” group forced the discussion to make it “formal” to force a decision. They dared Emil & the Board! So my question is, why-now? They are likely smitten with this!!! I’d love to know their “valuation” numbers; it has quite the range and their offer probably doesn’t begin to approach the lowest part of this range.
Nyt-“Mutually agreed upon cabal news”; you just accused the former Apple CEO & Chairman of a conspiracy!!!
Are you serious?
TS-I read it as an app. $380,000,000 valuation to yield $150,000,000 for Emil’s shares.
We are seemingly unable to produce our new products.
Daniel-This needs “FOCUS”! You & RG/Deangelo get together and choose something doable, you guys set it aside and 2 or the three of you make some revenue happen in the next 120 days.
You must totally know that startups can be challenging to get actually “started”. The rubber meets the road when you produce something. You mix in your “go” patterns with a short game, right?
I think you could pull this off for-us and YOURSELF. I bet you have 60-100 million shares owned now.....? You were having some fun earlier with this, but you kept buying; now you might be our biggest shareholder, therefore you have more to GAIN.
Unless the company is diluting, the money exchanged on our trading transactions go to other traders and market makers. In our case the company appears to NEED CASH to get us on our way, sooner.
D-Why don’t you get with RG and invest in the company directly? You can influence, maybe even “direct” where the money goes; you will be an insider!!!
I thought that the ”Blueberry beverage” with apru may have represented our best initial revenue opportunity given that the announced $2 mil order VANISHED!
Does small success represent something most of you would be positively supportive versus the perceived by me “Hail Mary” approach?
bal-“Any day now” for a $5 billion valued acquisition being announced!
CB-“Underwhelming”” is that outlook based upon the result of the 4Q’s revenue just announced?
Can we squeeze $1,000,000 or more from Q1? Perhaps the Ambassador program provided the extra lift for the quarter.
Jd-Aren’t financials due NLT Monday, April 15th?
Great to get 2018’s audited financials released! We had an excellent year & a great 4Q! Receivables appear to be out of sorts!
Now we can UPLIST to QB & CSE
As importantly we’re greatly positioned for a $50 mil 2019!
Luna, thanks!
I think that Clark from Kona & Medico from Vate are outstanding leaders with (2) different skill sets that belong together!!!
MT-That August PR was the reason I was ecstatic about investing in RushNet! Given RG was still CEO of POTN who’s run rate was app. the same as this announcement, I thought that this just might be true!!!
There has never been a retraction of that incredible foundational release, yet no booked revenue!!! We also paid app. 350,000,000 shares of our stock for our infamous trademark!!!
This is NOT YET real.
You’re 100% CORRECT! There is a reasonable chance in an audit that the initial loans can’t be supported and attributed to us! I’ve requested a copy of their bylaws without success. I know that you and Smokey are MORE than hot air, so perhaps one of the other of you can make that formal request from the company, IR, accountants or legal firm?
DB-You’re back! I’d prefer the Judge to have rendered a different decision, especially after just getting the case, then “quickly” determining that she did NOT want the scheduled March 21st hearing. She had all the information she wanted.
Would you agree that since we were preparing for that MOST important hearing that we should consider “still” providing her the prepared information because “she apparently still needs it”? “Judge Koh, you NEED this”!
Yes, Alice will get determined in 2019 and we’re likely to succeed on our own merits or the Supreme Court rules against Alice as a part of our PATENT PROCESS.
The great news (from a personal viewpoint) is that the trial date remains in place, and since these Alice results are likely to be in the last half of 2019, when we succeed, there is an even greater possibility of an immediate 2019 settlement!!!
We’ll use the EU for leverage.......
Tc-Within (8) days we will finally & formally have our results! If they are complete and audited, it will help to clear the air, AND they might (results) be great.
The announced activities over the last several months would tend to support explosive growth, but they have been disciplined to NOT express it. I can hardly wait!!!
Rg-They can file unaudited financials if “reporting” is the goal; then when the audit is completed to their satisfaction, file then while including them as a part of the form 10 submission.
My guess is that they “intend” to file the audited 2018 10k by April 15th.
Kevin has only been CEO for (6) months but he has been there as the largest shareholder and President for the duration. I think he needs a financial/administrative executive.
Pb- You made a bold post last week regarding a “game changer” release regarding the Ambassador Program. Are you an Ambassador; if so, has their been great progress?