Voip Pal Com Inc (VPLM)

[NewMoney]

I keep reading how the market cap is a good thing. Market cap is simply the current stock price multiplied by the amount of shares any particular company has issued. That’s it. That’s all market cap is. Now since vplm has a ridiculous amount of shares, around two BILLION, we get your market capitalization.

Given the sky high and growing share count the market cap is a bit embarrassing. It means simply what we have here is a nearly zero single penny share price.

Actually since there have never been revenues here and just a major cash burn the market cap is not justified indicating the stock price is way too high. If they were to win some kind of ruling that could change things, that’s the hope here.

Problem: They keep losing in court and hope is not an investment strategy.