Voip Pal Com Inc (VPLM)

[Middle of he Road]

Sunspotter, I actually appreciate a lot of the information you provide on this board. I have a significant investment in VPLM and want to make money, but I don't want to be blind to facts that might point to it being a bad investment. I lot of the information you've provided does give me pause, like Rich Inza being the IR guy for a company the SEC found to be a Ponzi scheme, Emil filing a lawsuit against James Cameron and then dropping it a day into trial and Barbara selling a bunch of shares and not timely reporting them. I've independently researched and verified those things, and they are red flags to me.

That said, one thing that to me doesn't fit the scam thesis is this - in April 2019 VPLM issued a press release saying its board had rejected a formal offer from Gil Amileo to purchase Emil's shares for $150 million and that Dr. Amelio and his team (including patent expert William Sweet) had conducted extensive research on VPLM's patents. If VPLM were a scam, (a) why would Dr. Amelio and his team have made that offer and (b) wouldn't it have been a lot easier for Emil to cash out for $150 million at that point rather than wait for many more years to make much smaller periodic amounts selling shares in relatively small batches for relatively little money (compared to the $150 million)? Do you think the offer wasn't real? And if that was the case, wouldn't Dr. Amelio have come out and said the press release was wrong?
I'm asking these questions seriously, without any sarcasm or animosity. If there's a good explanation of how the offer from Dr. Amelio and Emil and the board rejecting it fits with the VPLM-is-a-scam thesis, I'd love to hear it. I really do want to hear all facts and well-reasoned arguments relating to VPLM, both positive and negative.
Thanks.