Voip Pal Com Inc (VPLM)

[Ayeyiyi]

Back to Accounting 101.

Your hypothetical $33,000,000 deficit.

Let's summarize:

Johnny Blaze deficit $33,000,000
Less: Kipping deficit until 2012: $2,500,000
Less: Stock Based Compensation: $2,800,000
Less: Goodwill writeoff after Malak audits books: $24,749,749
Total Operating Deficit: $2,950,251

All non-cash expenditures.

Not bad after 3 years.

Let's stay in the game.