Voip Pal Com Inc (VPLM)

[Plowmaster]

It has be PROVEN over and over they ran out of cash. That is why they DEFERRED DEBT, ACCURED LIABILITIES and TOOK ON FINANCING.

So, yeah, IF they didn't do anything like those UNDESIRABLE actions, they would have NO cash.

THAT is the POINT. A technical argument of 'The bank account never actualy hit zero' is not the important factor here. That doesn't mean CRAP. I could borrow $1 M off a credit card and call myself a millionaire as well.

The important factor here is, they have no new funds to continues, expenses every Q are greater than cash reserves, therefore CONTINOUSLY NEED TO RAISE MORE MONEY VIA DILUTION, DEBT ACCRUAL and deferrals.