Replies to post #126204 on Voip Pal Com Inc (VPLM)

[fung_derf]

Well....considering she sold $41k worth of stock last week....is there really a difference?

[Spyke37]

I am not sure that it applies here, but it is customary for company officers and Board Members to have most of their legal liabilities pertaining to the business covered by D&O (Directors and Officers) insurance. I would be surprised if this wasn't the case....I am on several Boards, some of them small non-profits and they all have D&O insurance. Pretty much, none of the even mildly sophisticated board members would sit on the board without D&O insurance in place. So, it is likely that, indirectly, the company is paying for this, which is totally above board if this is simply a question of a mis-understanding. If he was deemed to acting fraudulently (I believe he is not) in most cases the D&O would not cover him, once that was uncovered. I worry that this is more about some people not completely understanding how the system works and further putting strain on the management team as they are fighting for the best possible outcome for the shareholders in general. At least the D&O, for the time being, takes some of that strain off of them.

[fung_derf]

The irony here is that it looks to me like Revive Investing LLC seems to be a nuisance lawsuit filer as well, so it's a small nuisance lawsuit company suing a larger nuisance lawsuit company for not carrying out on their goal to win nuisance lawsuits.

[Warren Buffet wantabe]

He is using our funds. He has collected millions this year alone.

It will be very interesting the response to this lawsuit. It may not be for a huge sum but I am relatively sure that the SEC and others will take note if Emil is found guilty of this civil violation. I am sure that Emil is likely to settle out of court with this individual. I doubt seriously that he will allow this to move to a trial. The amazing thing is this civil case will go to trial in a few short months and the more serious patent infringement case drags on for years.

I thought this case might stop Emil and Barbara from selling their shares. It has done nothing.

What will be interesting is to see if Barbara is allowed to purchase 10s of million of shares at .005 a share as she has in prior years. Let's hope this stops all Emil and Barbara's trading. I also hope someone here can read and post those documents. I am not paying the fee to see the documents filed.