Replies to post #101717 on Voip Pal Com Inc (VPLM)

[DeerBalls]

Guys, this is not that difficult... He can do it for what ever purpose he chooses: He might do it to sell it...HE'D HAVE TO EXERCISE THE WARRANTS. He might to it in the case of a hostile takeover and just hold the stock....HE'D HAVE TO EXERCISE THE WARRANTS... He might do it because he wants to wallpaper a room with VPLM certs...HE'D HAVE TO EXERCISE THE WARRANTS.... It's is option. AND, HE HAS FILING REQUIREMENTS!!!

He had stock...now he does not have that stock. Now he has warrants, exercisable @ $.021.

NO, IT IS NOTHING LIKE CONVERTIBLE PREFERRED..... CONVERTIBLE PREFERREDS REQUIRE ZERO CASH OUTLAY TO CONVERT!!!

In addition, on April 12, 2021, the Company and Mr. Malak entered into a debt settlement agreement (the “Debt Settlement Agreement”) pursuant to which Mr. Malak agreed to forgive an aggregate of $318,531 in accrued salary owing to him by the Company as of March 31, 2021 in exchange for the sum of $1.

Mistake by me on previous post: O/S is now about 1.6B, not 1.5B. The other 100mm shares he is forgoing had not been given.