Thursday, November 09, 2023 6:35:07 PM
VoIP-Pal CEO Cancels Anti-Dilution Provision, Forgoes Compensation
WACO, Texas, April 13, 2021 (GLOBE NEWSWIRE) -- VoIP-Pal.com Inc. (“VoIP-Pal”, “Company”) (OTCQB: VPLM) is pleased to announce that CEO Emil Malak has agreed to cancel the anti-dilution provision in his original contract that required the Company to maintain his 40% ownership in its issued stock, and to return several hundred million shares of common stock to the Company treasury in exchange for an equivalent number of warrants to purchase shares at yesterday’s closing price. In addition, he has forgiven current accrued compensation owed to him totaling over $318,000, representing salary for the past three years.
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* now I'm thinking he pulled yet another fast one in this current agreement whereby he completely negates and makes a big liar out of himself with regard to his alleged recinding of the original deal and made it appear as though he was mother Teresa to us when in fact, it's the SAME DAMN DEAL in disguise. I'm lost. Hep me Hep me
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