Replies to post #128112 on Voip Pal Com Inc (VPLM)

[keepemcloser]

Excellent summary AZ

[nyt]

For anyone new to this board, please know that there are many many legit reasons and considerations that very well show this company to be BOGUS!

There are so many reasons, hard to know where to start...

A good place would be the fact that the company, thru its various iterations, is over a quarter century old and has never been successful. In fact, as far as is known, records show they've never made a dime!

Let me emphasize that... If your child starts a lemonade stand tomorrow and only sells 1 cup, the would be far more success than vplm has been in 26 yrs!

That's a fact, not an exaggeration or a joke or hyperbole. Ok, let me offer some justification for that. They started 26 yrs ago and had a few name changes and of course numerous changes in mngmnt and crew but the fact is that they have been involved in voip from near the beginning, trying to be a voip service provider. There are those who will say that's not so, but I have documentation of it.

I'll continue this in next post, because I accidentally hit the post button before so this will lock in a minute...

[fung_derf]

You should really add in the rest of the story for any "newbies"....
SEVEN YEARS gone with zero results. No need to buy early. Based on you and others there will be so much money coming in, you'd be far better to wait until it starts winning (LOL...as if) because you'd have plenty of time to buy in later.
In fact, THEY HAVE settled a case and the company didn't share a penny with the shareholders. (feel free to deny any falsehoods)
The State of Nevada, states they must pay off their debts before issuing any cash awards to shareholders, so nothing can happen until then.
The officers of this company are selling THEIR stock off almost daily.
Based on the Court system, the earliest anything would possibly happen now is August.....or later again.

If you want to tie up your money in a nuisance lawsuit company, this one fits the bill.
They have zero earnings, revenues, and they are increasing shares regularly.

Oh yeah, and the CEO is currently being sued by one of it's largest shareholders.

https://www.bloomberglaw.com/public/desktop/document/ReviveInvestingLLCetalvMalaketalDocketNo123cv07281SDNYAug162023Co/1

[Warren Buffet wantabe]

Curious, what amount of settlement would you expect from the defendants?

Do you expect $500M, $1B or something more?

I doubt they could get more than $100-$250M in a settlement. That would bode well for future cases but if they go to trial and win it will be appealed for years. I don't see an end in sight. I bought last year thinking the trial would be in July. Now the trial is Aug of this year. Still nothin on the rocket docket. My guess and it is from a realistic investor is the actual trial will be delayed at least another year and maybe longer. The defendants have no reason to go to trial and have a million motions to file to attempt to move it out further.

Trust me, I have a couple million shares and I am holding for now. But as the trial gets closer I am out if the stock finally runs. My questions is will Barbara and Dennis be forced to stop selling as the trial gets closer. If they are selling as the trial grows close I am out. But no matter what if it runs to $.05 or more I will sell at least half my stake.

I am cynical, I don't believe a word I hear from this company. I will be in the show me camp before I believe something good is happening. For now there is no panic in the defendants. I suspect this drags on for many more years. The only hope is Albright does something to force an end to this. To date his rocket docket nickname is not holding up at all. If this goes a few more years the share could will move from 3 billion shares plus Emil's 2B warrants to double that. In 23 the share count increased over a million shares and Emil's warrants increase 667M. the only hope is the jury and judge really punish the defendants as they drag it out. The punitive damages need to happen. A trial in Aug that end in a $1B verdict plus treble damages for the delays. And a warning that the amount increases if the trial is appealed and the drug out additional years. A massive award might force a settlement.

Personally I doubt seriously that big tech is just going settle for billions. My guess is a few hundred mill in total would be the maximum amount offered and that would be all parties combined. But only time will tell. But remember, time is money. We could be diluted another 20%+ in 2024 and every year after.

I am getting out as soon as possible and I will never look back.