VOIP Inc. (fka VOIC)

[bloodhound99]

So Robert the only shares of Tony and Shawn in 10.44 million outstandins are the just over 1.3 million they have currently been issued.

However by contract they are "owed" 13% of fully diluted shares or 8.84 million shares. (I still can't believe ANYONE signed off on that change in wording. Hopefully the Directors and Officers policy will respond, if necessary. You guys do have a D and O policy don't you? Seriously do you, yes or no?)

If the 7.54 million additional shares are issued to get Tony and Shawn's shares to the contractually owed 8.84 million shares
this would increase outstanding shares to 17.98 million shares of which Tony and Shawn would own 8.84 million or 49.1% of total outstanding shares. They can demand these shares be issued at any time can't they? Hasn't the board already "approved" that issue when they changed the 13% "deal" to "fully diluted shares"?

So now Tony and Shawn's 13% = 49.1%

when the 13% = 50% plus (and it won't be long, one more favored nations reset, right) will the company have to file a change in ownership filing with Tony and Shawn owning more than 50% of the outstanding shares?

Could it be any more blatant?