Voip Pal Com Inc (VPLM): My take is as follows: Before a deal ca...

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Voip Pal Com Inc (VPLM)

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Thursday, 09/10/2015 2:36:46 PM

Thursday, September 10, 2015 2:36:46 PM

My take is as follows:
Before a deal can be done several things have to be completed.
Lock up the majority stockholder for at least a year: this has been done.
Secure the patents: this has been done.
Resolve the 100 million share issue: The company has until September 18 to file an appeal. Nothing will happen until this date either passes with no appeal or there is a new trial scheduled.

This latter item is too big to allow a deal to go down without resolution.

as to valuation, I see little intrinsic value beyond $1 per share but I hope I am wrong.

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