Voip Pal Com Inc (VPLM)

[prophet2]

The worst thing about todays PR is not what was in it but what was not in it. As I have stated before I find it incredulous that a company could have an extreme material event like dismissing the cases against Apple and T after years of fighting them at the PTAB and Federal Court and not even address it with shareholders. They wouldn't have to give all the details, just enough to give shareholders confidence that this was a positive move for shareholders. In my forty-five years of investing I have only witnessed this degree of deceit and lack of transparency two times and in both instances it didn't end well. In one instance a tech company had an innovative product but unfortunately the CEO tried to pass a sample unit off as coming from a production run when it actually was made in a lab. The stock shot up but quickly declined when the truth came out. When the company was unable to reproduce a working sample from a production run the company ultimately went out of business and the CEO and CFO were prosecuted by the SEC. The other example involved a corrupt CEO of a small Pharma company who actually got away with it but after selling all his shares and driving the stock to multi-year lows, did a twenty for one reverse split and then granted himself a ton of options after the reverse split was completed. The bottom line is deceit and lack of transparency breeds distrust and there is no place for it in the financial markets. Lets hope our situation has a better ending. the prophet