Voip Pal Com Inc (VPLM)

[nyt]

["The licensing of these patents can create a highly profitable additional revenue stream for Voip-Pal.Com.

* There you have it, the original plan announced, to LICENSE, not to sell]

Dennis Chang, President of Voip-Pal.Com, states: "I am pleasantly surprised at the level of interest
shown by major players in the VoIP industry with respect to the patents held by our wholly owned
subsidiary, Digifonica International (Gibraltar) Limited. As the company finalizes integration of this
technology with our retail site, www.pointsphone.com, Voip-Pal.Com anticipates to be well positioned to
not only rapidly gain market share in the VoIP mobile phone market but in a position to earn tens of
millions of dollars per year in licensing fees. This diversification of the revenue stream should be a
substantial bonus to our shareholders."

* Nice whopper. Lied like a rug

* Here we were told there was a "high level of interest by major players in the industry. That never was borne out and there has never been any indication or verification whatsoever, in any way, shape or form, such was true. It also tell us that the patents were being integrated into vplm, which never occurred. Also touts that we would be rapidly gaining market share. More bs. Never happened. And thst we would, by virtue of a diversified revenue stream, see tens of millions of dollars per year in license fees alone. Also never happened. It was more BS.]