Voip Pal Com Inc (VPLM)

[Egold]

From the last 10Q

Item 1A. Risk Factors.
As a smaller reporting company, we are not required to provide the information required by this Item. So lucky they don't have to say hey were a Patent Troll trash company just trying to make a buck for insiders.


Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
The transactions described in this section were exempt from securities registration as provided by Section 4(a)(2) of the Securities Act for transactions not involving a public offering for sales within the United States and by Regulation S of the Securities Act for sales made outside of the United States.
During the period ended December 31, 2018, the Company issued: 12,237,500 common shares priced at $0.04 per common share for services with an aggregate value of $307,500; 127,000,000 common shares as bonus compensation, recorded as an expense to the Company of $5,080,000; and 225,184,791 common shares priced between $0.003 and $0.04 per common share pursuant to the Anti- Dilution Clause.

There is the 5M bonus it was taken as shares so insiders could also include the anti dilution amount of shares lol. Also looks like they did not have to include the anti dilution shares as an expense which would of make the 80% loss for the Q over 100%.. Sorry shareholders but we just raped you for millions of shares at your expense

Ok now this is the SAD part. These poor shareholders are now down 50%. That's terrible Hardworking common share holders loosing all that money.

During the period ended December 31, 2018, the Company issued 2,250,000 common shares priced at $0.04 per common share for cash proceeds of $90,000 from private placements of common shares; 6,306,000 common shares priced at $0.04 per common share for cash proceeds of $252,240 from the exercise of 6,306,000 common share.