i didn't see anything particullarly linking Wakabayashi fund to vplm-though i wouldn't be suprised.

Although the last pump was accompanied by solid, however,rather poorly executed activity

paul

i'm not an insider, i'm am however am more or less a professonal accredited investor, and i'm very interested in the voip space.

I went back and looked at the press release when this controversy erupted and at the time to my thinking a close reading doesn't say the deal is "done" i'm not a lawyer but that was my take.

The email trash from btv, is a who a big who knows, look at the source, and i'm never going to know what was said between the lines.

finally if kipping is working in conjunction to buy voip as a third party why shouldn't he be emailing relevant parties. Why shouldn't he tell people where the cash is comming from and why it is late. Again insider trading does not mean trading by insiders it means trading on inside an material information for your own gain.

The question here is to what extent vplm needed announce that there was a third party in the transaction or that there was a bridge financing on the way. I'm not a securities lawyer my guess is that, it will be an expensive case to try-ie not cut and dry which is why the thugs from btv are prodding other people to spend money as they are too cheap to pay for their own lawyers and probably know that they don't have a case. Good luck.

i guess i wasn't real clear. i was trying to say that none of the principles have covered themselves with glory, and that my cat,pretzel has about as much sense as those involved. I ranked the boys from btv as having even less sense then our favorite two stooges, but in truth there is not much in it. And of course biz sense and engineering are not necessarily the same thing, nor is morality and legality for that matter.

I just hope i'm not being unfair to pretzel, maybee she is qualified to run a nevada company or at least be a director. who would have thunk it!

i think kipping is the guy who is doing the vids and he seems to have alot of skin in the game. so love kippings money and you got to love his adds, ya think! I'm more concerned that the current management team has had two failed strategic moves (Mukesh and btv). Once is an accident, twice is carelessnes. They look a little like the gang that couldn't shoot straight. Or two stooges in search of a third.
i'm told that good ceo talent for this type of company are very hard to find. On the glass half full theory, at least mssrs chang, and kipping, aren't as clueless as the boys from btv, but then again, neither is my cat, pretzel, and that doesn't qualify her to run a company-though i'm sure the mice nearby hope someone gives her a day job...

bg

You said your going away.so go.
Your clearly an insider in btv so your not exactly unbiased nor without a hidden agenda regarding vplm.
You have also been economical with the truth, eg: claiming loi's have no legal standing etc. You've also minimized and condone dv which in my experience, is extremely serious and calls into questions someones personal ethics. DV tend to permeate all social relations. A guy who feels free to abuse, shout or bully a spouse or child, will normally also bully abuse others in his life, if given a chance. Minimizing dv is what sociopaths do.


So, your living in a glass house and throwing rocks. stop

well, hopefully vplm will make a go of it. I'm not sure if the btv guys walked away with anything important. vplm may have created a little more competition forthemselves. But btv clearly doesn't have alot of money. My sense is either vplm found a better deal and broke the loi or that they decided something wasn't to there liking in dd.

to lose one deal is an accident, two is carelessness. Hopefully kipping and chang can learn to shoot straight.

The thing that worries me here is what russel is refering to when he says that they call a paid account a partnership, i guess he is referring to their licensing voip switch technology.

ok what i don't get is this. 10,000 dollars to buy whatever it is the btv boys were selling and then a couple of millon shares of a penny stock. The whole sum is less than 50K an for that people are going to be bringing in a phalanx of lawyers. Or is my math faulty. Won't the law suit add up to more than the worth of the company. Or does chang et all have something of value? And if BTV is so sweet why was it so cheep.

My understanding was the vplm had to have spent twice that to bring their books into order. What am i missing. Oh and mukesh who is a multi-gazillionaire is cheesed off about 20k so he takes some of the companies technology.

Kipping, chang, russel, assif. Its almost like a night at the opera. All we need is a guy in dark glasses ripping up clause after claus of a contract and another in a hoky italian accent saying ya-canta-fool-me, there is not santy claus

I am really sorry i got onto this board, every second i spend here i can feel iq points draining away.

Hi Bg

I take stock manipulation for granted, though some examples are more egregious than others. What i'm not clear about, is whether vplm is using callarcs technology. It seems they still have the same stuff that they brough to the table and that btv still has the stuff they brought to the table. The callarc name goes back to the btv site.

In other words the deal didn't come off everyone goes back to where they were and the lawyers settle who welched on the deal. Its ugly and speaks well of neither group.

I'm a bit confused here as vplm guys had the earlier cock-up with their fired cio, but on the other hand there is the announced debt paydown, so athey obviously had the money somewhere.

bg

What is wrong with using an offshore company to buy another company? Its not defacto a sign of anything, especially as kipping is canadian- The last time i looked. tranfering money from royal trust bank of canada to the citibank in nyc is moving money from and offshore location on shore.

The press release said it was a joint venture, kipping is not in the company he is an investor, but not in the company, so it is a jv. vPLM doesn't own the whole thing, one would love to see a big indian partner, but it didn't really imply that inthe pr. It just says they don't own the whole thing.

You also just had to backtrack on the loi, mou claims so is everything your saying tainted?

How do you know that vplm etc didn't pay your guys according to the agreement, have you seen the bank statements? Maybe your guys got greedy?

If vplm didn't come up with the money its game over, but the innuendo about kipping is pretty much a non-starter.

Do you know anything about the dv charges- severe enough to require bail! Is that your guy or someone else. Its an unnusual name so i'm thinking it is. And i supppose, dv is different than fraud, but it makes you wonder.

er... a signed loi and mou in many instances can be inforced. Certainly damages can be extracted if a company breaks either and is shown to not have acted in good faith. Especially if the other company has gone forward to the extent that vplm has.

I looked at the founders of callarc when the acquisiton was made and they didn't seem all that high powered and impressive. I think one of them may have even had an arrest for domestic violence. Here is the link.

http://www.whosarrested.com/nevada/clark-county/las-vegas/ccdc/205978-francis-assif



Chang at least has some pedigree,