Voip Pal Com Inc (VPLM)

[nyt]

Net loss for the period (last quarter)
—
—
—
—
(3,474,105)
(3,474,105
..................
The Company is in
various stages of product development and continues to incur losses and,
at March 31, 2017, had an accumulated deficit of $32,765,079 (September
30, 2016 - $31,636,143).
..................
During the six-month period ended
March 31, 2017, the Company paid or accrued $106,200 (2016 - $542,429)
to Officers and Directors, of which $Nil (2016 - $500,000) was paid to the
CEO by the issuance of Nil (2016 - 10,000,000) common shares. The
balance was paid or accrued as follows: CEO fees of $45,000 (2016 - $Nil)
.................
Additionally, $1,332,325
(September 30, 2016 - $942,645) is accrued to the Seller of Digifonica for
the Anti-Dilution Clause (Note 4).