Interesting read. Just saw this in my email.
Dear Shareholder:
Please see the news after the close yesterday on VOIP-PAL (VPLM) as well as the previous news release for May underneath it. We thank you for your continued support in our efforts to complete development, patenting, and now monetizing our technology. It is important for us to emphasize the importance of our engineering team and especially our Board Members who have really stepped up their efforts and time the past 15 months. Their careers and accomplishments are exemplary and we encourage you to “Google them” besides reading their Bio’s listed below to help you understand how we have benefitted given their collective career accomplishments and track records. These gentlemen could sit on any Fortune 500 Board yet choose to dedicate their time to Voip-Pal helping us get through our 5 key patent applications so successfully. We all hope it is our collective “swansong event”.
With receipt of our 5th patent approval documentation, efforts to monetize our technology only commenced in earnest these past few months. We wish to thank many shareholders for their loyalty and support over that tedious period. Many naysayers doubted we would get the technology operating let alone our key patents approved 100% to date. This represents up to an 11 year journey for various Engineers, Board Members, and Key Shareholders bringing our 100% USPTO patented technology to fruition. We’re are very positive about the future as we consider the hardest part has been accomplished. Please see below to get you current and should you have any questions please contact Rich Inza 954-495-4600 insert-text-here
Addendum Note re common questions about our USPTO Approved Patents: Our patents actually define VoIP technology. They spell out how VoIP communications happen. In other words we beat the competition to the punch in diagramming and defining VoIP. Perhaps the most clear example is our beating a major Fortune 500 Company, household name Microsoft, to the punch by two years with Legal Intercept as stated in our press release of November 5, 2012. insert-text-here
Our most recent press releases May 20 and June 5, 2014 are listed and you can click on the following hyperlink for June 5th if you wish.http://online.wsj.com/article/PR-CO-20140605-911748.html As you will see yesterday’s release explains that discussions with potential patent licensees or buyers are currently ongoing and as a result the Company has had to enact a trading blackout for all insiders. I believe you’ll find the info listed below helpful getting you up to speed.
Thanks again for your support.
Rich
Rich Inza
954 251 0616 Office
786 200 9537 Cell
Voip-Pal.com Inc. Begins Event Specific Blackout Period for Company Officers, Directors and Insiders
BELLEVUE, Wash., Jun 05, 2014 (BUSINESS WIRE) -- Voip-Pal.com Inc. ("Voip-Pal", "Company") (OTC Pink: VPLM) announced today that as a result of discussions with various potential buyers and/or patent licensees, the Company is enacting a "Blackout Period" pursuant to the Voip-Pal Trading Policy approved by the Board of Directors on March 12, 2014.
The purpose of the Blackout Period is to preclude specific individuals and entities close to the Company from trading Voip-Pal stock during the Blackout Period.
This will allow its board members to consider an event or events that may occur that are material and known only to a few directors and/or executives. The Blackout only affects past and present Company Directors, Officers, Attorneys, Investor Relations Personnel, Insiders, close associates of Insiders or those perceived to be Insiders as a result of current or prior involvement with Voip-Pal.
The Blackout Period takes effect at 9:00 AM (EST) on June 6, 2014 and is scheduled to be in place until the close of the market on June 20, 2014. The Company may shorten or lengthen the Blackout Period as events warrant. The Blackout Period only pertains to the aforementioned and will not affect the public at large. The stock will continue to trade normally.
Voip-Pal has notified the affected broker dealers, stock clearing firms, and all affected shareholders. The transfer agent for Voip-Pal has been informed and instructed not to process any transfers during the Blackout Period involving all covered persons and/or entities.
Dr. Thomas Sawyer, Chairman and CEO of Voip-Pal, stated, "This Blackout Period should not be an inconvenience to most shareholders, and those that are affected understand the requirement for such action during periods of discussions or negotiations. This action is a necessary step which will allow the Board of Directors to proceed with the business at hand in a compliant manner and protect the interests of our shareholders."
About Voip-Pal.com Inc.
Voip-Pal.Com, Inc. ("Voip-Pal") is a publicly traded corporation (OTC Pink: VPLM) headquartered in Bellevue, Washington. The Company owns a portfolio of patents relating to Voice-over-Internet Protocol ("VoIP") technology that it is currently looking to monetize.
Corporate Website: www.voip-pal.com
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20140605006384r1&sid=cmtx6&distro=nx
SOURCE: Voip-Pal.com Inc.
CONTACT:
Voip-Pal.com Inc. IR Contact: Rich Inza, 954-495-4600 IR@voip-pal.com
Copyright Business Wire 2014
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Voip-Pal.com Inc. Provides Shareholder Update
BELLEVUE, Wash., May 20, 2014 (BUSINESS WIRE) -- Voip-Pal.com Inc. ("Voip-Pal", "Company") (OTC Pink: VPLM) is pleased to provide an update to its Shareholders on the Company's accomplishments over the past year. It has been one year since Voip-Pal expanded its management team with the additions of Dr. Thomas E. Sawyer, Dr. Colin Tucker and Professor Edwin Candy. Since that time the Company has experienced very significant growth and has realized several major milestones.
-- The most notable of the achieved milestones is the completion of the patent portfolio with the issuance of four additional patents bringing the total number of issued patents to five. A sixth patent has been allowed and is awaiting issue. Additionally, there are other continuation patents currently in process.
-- The Company has eliminated over $1 million in debt and is now debt free. The debt was incurred largely for the development of the patent suite.
-- One year ago the company was the plaintiff in a lawsuit and defendant in a countersuit with the same party. That lawsuit has since been settled. Voip-Pal is no longer a party to any lawsuits.
-- The price per share of Voip-Pal stock has increased over 80% in the past 12 months. Last year on May 17, 2013 the closing PPS was under $.08 compared to the most recent close on May 19, 2014 of $.145. Earlier this year the PPS had hit an intraday high of $.31.
-- The Company continues to be engaged in activities and discussions aimed at monetizing the patent portfolio. The Board of Directors is confident that this objective will be met. None of the current board members intend to sell any of their personal shares of Voip-Pal stock until that goal has been achieved.
Dr. Thomas Sawyer, Chairman and CEO of Voip-Pal stated, "While accomplishments of the past year have been substantial, the best is yet to come. Despite the eighty percent increase in share price, today's price does not reflect a true asset value of the patented technology. The current interest being demonstrated by various entities confirms and validates this conclusion. The Board appreciates the confidence and loyalty of its shareholders."
About Voip-Pal.com Inc.
Voip-Pal.Com, Inc. ("Voip-Pal") is a publicly traded corporation (OTC Pink: VPLM) headquartered in Bellevue, Washington. The Company owns a portfolio of patents relating to Voice-over-Internet Protocol ("VoIP") technology that it is currently looking to monetize.
Corporate Website: www.voip-pal.com
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20140520005294r1&sid=cmtx6&distro=nx
SOURCE: Voip-Pal.com Inc.
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See below. Caps are not shouting, they’re for emphasis
PLEASE READ THE WHITE PAPERS CAREFULLY. THE PATENTS PROTECT THE TECHNOLOGY. IF YOU DON’T HAVE THE WHITE PAPERS CALL ME"
–Rich
Routing, Billing and Rating engine (RBR): ("Producing routing messages for VoIP communications") US Patent Publication No.20100150328 (Link to RBR USPTO filing): RBR allows new Licensees to perform subscriber management from their own existing subscriber management and billing platforms. This series of patented technologies allow Licensees to setup and deploy Digital Voice solutions virtually anywhere in the world in a matter of days, without fear of infringing on mainstream VoIP patents. (see Verizon/Vonage litigation[1])
Lawful Intercept ("Intercepting VoIP communications and other data communications") US Patent Publication No. 20100150138,(Link to Digifonica Lawful Intercept USPTO filing): Lawful Intercept is a revolutionary technology that addresses the national and international demands by governments to enable law agencies the ability to perform scheduled and live intercepts on Digital Voice telephone conversations. Network Service providers such as Skype may soon want to be in compliance with government regulations regarding Lawful Intercept.
Mobile Gateway, US Patent Publication No. 20110122827, (Link to Digifonica Mobile Gateway USPTO filing): This patent is designed to allow a single subscriber device to connect automatically to WiFi/WiMax and other wireless data connections.
Enhanced 911 ("Emergency Assistance calling for VoIP communications") International Application No. PCT/CA2008/000545: This is a patented technology which allows for Short Code/Emergency Dialing; in other words, the ability to enable true Emergency Calling solutions to Digital Voice subscribers.
Advanced Interoperability Solutions ("Uninterrupted Transmission of Internet Protocol Transmissions during Endpoint Changes") International Application No. PCT/CA2009/001317: This patent allows the transfer of in-session digital voice calls between disparate wireless technologies, enabling subscribers to roam seamlessly between different WiFi, WiMAX, 3G and 4G antenna technologies without losing a call.
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Summary Overview: Bellevue, Washington based company Voip-Pal, has acquired and co-developed a patent portfolio that has recently come to fruition which will prove to be disruptive technology to the industry and has been valued in the billions by experts in the field. Their patents are all VoIP related and are the foundation for all future VoIP communications. The total portfolio contains 5 patents issued by the USPTO.
One of their more significant patents, Routing, Billing and Rating (RBR), has been issued with a date of September 27, 2013. Upon its issuance a multi-billion dollar patent infringement was immediately created. Industry experts estimate that the RBR technology will generate in excess of $1 billion per year in revenues because it will require a licensing fee to be paid on every single VoIP call placed on the planet. Skype users alone account for over 2 billion minutes of VoIP calls placed each and everyday, requiring RBR technology.
The first patent the Company had issued was Lawful Intercept. Microsoft had applied for a patent entitled Legal Intercept which was remarkably similar to Voip-Pal's patent. Microsoft's Legal Intercept patent was denied by the USPTO, having been applied for, 2 years after Voip-Pal's Lawful Intercept. Currently Lawful Intercept is the only patented method for stealth interception of VoIP communications, i.e. SKYPE, Vonage, Magic Jack etc including SMS text and MMS picture messages. Lack of interception capability has resulted in SKYPE being banned in several countries.
Voip-Pal's most recent patent allowance, Mobile Gateway will drastically reduce roaming charges and save mobile users billions of dollars each year. Mobile Gateway is a sophisticated application that uses a phone’s existing mobile network and leverages local reserved phone numbers from wherever the call originates, allowing the user to make a long distance or international call at the same billing rate as a local call. The high cost of roaming has become such a significant global problem that the EU recently placed price caps on what European telecom companies can charge. They are also pursuing a plan to phase out roaming charges all together. Mobile Gateway technology provides a solution for mobile carriers and consumers. 2013 Guardian Newspaper hyper-link:
http://www.theguardian.com/world/2013/sep/11/eu-mobile-phone-roaming-charges-abolish
Enhanced 911 is another patent in Voip-Pal patent portfolio. Issued with a date of September 17, 2013, is a way by which VoIP callers to 9-1-1 can have their calls tracked back in the event the call is lost. Until now that capability has not been available. This technology will save lives.
We can’t stress enough the directors of this company are well respected and accomplished leaders in the global telecom industry. They are each industry experts and qualified to sit on the board of any telecommunications company in the world. Here is info on 3 of them : Dr Colin Tucker who founded Orange plc in 1991 and sold it in 2000 for $38 billion. He served as CEO of Hutchison 3G in the UK and currently sits on several boards. Financial Times listed Dr Tucker as one of the 8 key people to know in the telecommunications industry. Then there is his long time associate Professor Edwin Candy who was a co-technical founder of Orange plc, and former technology director for Hutchison 3G. He currently serves as a Strategic Technology Adviser for The 3 Group, is a Fellow of the IET, a Senior Life Member of the IEEE, a Companion of the IREE Australia, and was a visiting Professor at Strathclyde University and Member of the University Court from 1995 to 2005. No slouch as you know is our Chairman Dr Thomas Sawyer who worked for four US Presidents, held several gubernatorial appointments and is an award winning humanitarian. He founded and became Chairman and CEO of NACT Telecommunication. He began NACT with $500 on a credit card and sold it for $178 million. Should one even speculate that they are here because they believe VPLM’s patent portfolio could generate billions in revenues given Voip-Pal’s stated objective is to develop the patent portfolio to license or sell the patents?
MANAGEMENT AND ADVISORY TEAM
Thomas E. Sawyer – Chairman & CEO
Dr. Thomas E. Sawyer is the former Chairman and CEO of NACT Telecommunications, Inc. and former Chief Technology Officer -of Global Light Telecommunications, Inc. Dr. Sawyer brings over forty-five years of technical and managerial experience in high-technology industries, government, and university faculties along with in-depth community relations experience at local, state, and federal levels. He has served as a senior advisor to four U.S. Presidents: Nixon, Ford, Reagan, and George H. W. Bush. Dr Sawyer is a Marine veteran of the Korean War and dedicates much of his time to charitable and humanitarian causes (see website: http://www.tesawyer.net/).
Colin Tucker – Deputy Chairman & Director
Dr. Tucker is the former Director and CEO of Hutchison 3G, and one of the three founding directors of Orange plc, a company that was brought from a startup company in 1991 with a handful of staff to an enterprise with revenues of £3bn p.a. operating in 6 countries by 2000. Orange plc was ultimately sold to France Telecom for $25bn. Dr. Tucker is currently serving as Director of four companies and previously served as Director of five other companies. Dr. Tucker studied Electrical Engineering at Manchester University completing his studies with a Doctorate following research into the optimum techniques for interfacing humans with computer driven displays.
Ed Candy – Director
Professor Ed Candy is the former Technology Director of Hutchison 3G, serving as 3 Group Technology Director for Hutchison 3G from 2000 to 2009, where he was primarily responsible for the technology for the world’s most advanced 3G Networks operating across nine countries. From 1996 to 2000, Ed Candy served as Group Development Director for Simoco and from 1993 to 1996 Ed Candy served as Technology Director for Orange where he contributed significantly to the creation and success of the personal communication network. Ed Candy now acts as a Strategic Technology advisor for the 3 Group and also provides innovation guidance, strategic advice and consultancy services through his own company Strategitel Limited.
Dennis Chang – President & Director
Mr. Chang brings proven entrepreneurial experience in starting and establishing a $100M US computer manufacturing company in the 1980s. In 1988, Mr. Chang was included in the MicroTimes list of the 100 most influential people in the microcomputer industry. Mr. Chang was nominated as a 1989 finalist for “Entrepreneur of the Year” by Ernst & Young.
About Voip-Pal.Com Inc.
Voip-Pal.Com Inc. is a broadband VoIP telecom company offering local and long distance VoIP services to residential and business customers. The company also provides VoIP communication and reseller solutions for its partners. Voip-Pal.Com Inc. is the enabler of international calls using VoIP technology on the internet, smartphones and PC Tablets. Voip-Pal's goal is to provide a quality, high-speed and cost-effective telephone solution for the casual and business international traveler who must rely on their smartphones, laptops or tablets in order to communicate. Voip-Pal.Com, through its wholly owned subsidiary "Digifonica (International) Limited Gibraltar", is a technical leader in the VoIP services market which had revenues of $58 Billion in 2011 and is experiencing double digit year-over-year growth[2]. The addition of Digifonica Gibraltar's patent portfolio greatly enhances shareholder value and will contribute to significant revenue growth for Voip-Pal.Com.
Retail Website: www.platinumphone.com.
Corporate Website: www.voip-pal.com
Company Contact: info@voip-pal.com and chanelle@voip-pal.com
IR inquiries: IR@voip-pal.com
US Telephone IR Contact: (954) 495-4600
Stock Quote: www.otcmarkets.com/stock/VPLM/quote
All statements contained in this Executive Summary, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements
Rich Inza
954 251 0616 Office
786 200 9537 Cell