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Thursday, September 25, 2014 9:08:12 PM
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Friday, May 11, 2012
theyuha at 2:13 PM
VPLM
I contacted a man named Gavin in Canada from the company that VPLM
bought the patents. There is question in the VPLM message board about
the validity of the trade. The patents do exist and 2 were described to me
over the phone. I spent an hour looking for this information and yes the
company does exist.
The company is a Canadian Vancouver company called Digifonica; they
last traded at $.04 in April. They had a $800,000 debt. The former Director
was given the patents to sell to pay off the debt. Gavin thinks the patents
were definitely worth a lot more than $800,000. Gavin knows the director of
Digifonics. Digifonics Gibraltar held the patents.
here is a partial description of 2 of them:
1. "RBR" " Strong patent" very advanced technology
2. Network Voip calls to GSM network to Wi-Fi network
It looks like the patents were given to VPLM for shares of VPLM. The debt
could likely be paid back at down ( we speculated on) to 10% or 25% of
the original loan. I have heard of this done with credit cards.
if I get more information I will post it on my blog. This information is from
notes I took while on the phone.
My take on the transaction: The patents are real and useful. Stock was
given for the patents. The patents could make money for VPLM. I do not
know when the shares would be sold but they do have a debt to pay.
..........................................
* sounds like ground zero.
http://theyuha-silver.blogspot.com.es/2012/05/vplm.html?m=1
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