Voip Pal Com Inc (VPLM)

[sunspotter]

"It's one that VPLM was REALLY happy with. That's all we know at this point."

We do know that it wasn't a material or significant event, and therefore there was no cash settlement as that would have to have been disclosed as a material event occuring after the reporting period but before the submission of the last 10-Q:

"Material events after the period covered by 10-Q are events that have a significant impact on the financial condition or results of operations of a company that occur after the end of a fiscal quarter but before the filing of the 10-Q report with the SEC. ..................... Examples of material events are acquisitions, disposals, impairments, litigation settlements, etc."

I suspect that the settlement consists of VPLM making a groveling apology, promising not to bother Amaxon any more and making a token payment towards Amazon's legal fees.