Russ, it's not a matter of that.. Maybe you dont know the "story" we were "fed". Allegedly, the Emu (& his co-founder?) paid some 20-25 (the number changes everytime he [Emu] tells it) VoIP/telephony engineers to write the software (patents). Where did he get the $17 mil? Shortly thereafter he allegedly couldn't pay the lights & was forced to sell the patents. (that is such a bullshit story! It doesn't add up. Makes no sense and I've seen documentation to the contrary. The real deal is that they were all friends for a long time before all this & both companies were abject failures & being sued left & right, etc. And they created this whole scheme ahead of time. They pooled their resources & merged. Emu owned the most shares. He came from Vancouver, a place well known to the world, as a place where these pennystock schemes were created. But anyway, that's the story he gave, ie, that he paid about $17mm to 20-25 engineers to create the software. But guess what? I had an official govt doc that was some kind of digi-phony-ca filing. In it, they said they did not want to be in the VoIP business anymore and just wanted to sell the patent apps for cost & get out. I seem to have lost the doc but I'll never forget what it said.. It said the cost of the patents was a number approx $400k & then in a later doc they said the cost was about $450k. I might be a bit off UT the numbers were similar to that. So you have the Emu later telling vplm shareholders that he paid $17mm but before the deal went down, he said in a filing that the cost was in the half million dollar range. It's all bullshit. None of it adds up. Digi-phony-ca was a private company. So he merged w/vplm and saw to it that many PRs were out out with all those lies about how they were gonna integrate the software into their own (rented) VoIP platform & become the king of the hill Voip service provider & be the technical leader of the industry. And immed increase subscribers by millions & immed start collecting upwards of $100mm per year in royalties, blah, blah, blah. So all that was fed to the shareholders & prospectives. This allowed there to be many new shareholders and sold zillions of shares and THEN.....then, the plug was pulled on the whole thing w/o rhyme or reason & no voter input & all of a sudden, they (vplm made up of Digifonica BOD) decided to become the biggest patent troll on the otc and RENEGE on ALL those promises made via PRs for near a 2 yr period. Yeah baby, that's what happened. And digi-phony-ca had stated that they did worldwide (3 cities) testing of the system. But no results were given. That crap about divulging codes & secrets is just that...CRAP! Telling shareholders the results of the testing in no way equates to divulging code & company secrets,lol. Testing results of many products & services are very commonly offered to it just shareholders but customers as well. I have the results of many tests of many products that are listed as footnotes in the literature of many company products. It certainly is done in a way that obviously does not divulge code or secrets.
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