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Voip-Pal.com (VPLM) holder files to sell 6.17M shares under Rule 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Voip-Pal.com has a planned sale notice for restricted shares under Rule 144. The filing covers the potential sale of 6,171,885 shares of common stock through broker Wilson Davis & Co. on the OTCQB market, with an indicated aggregate market value of $61,718.85. The filing states that there were 3,755,305,519 common shares outstanding at the time of the notice, which is a baseline figure for the company’s share count.

The seller originally acquired these shares on May 30, 2022 via the exercise of warrants for professional services from Voip-Pal.com, using a cashless form of payment. The notice also confirms the standard Rule 144 representation that the seller does not know of undisclosed material adverse information about the issuer’s current or prospective operations.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 filing for VPLM disclose?

The Form 144 for Voip-Pal.com (VPLM) discloses a planned sale of 6,171,885 shares of common stock under Rule 144 through Wilson Davis & Co. on the OTCQB market, with an indicated aggregate market value of $61,718.85.

How many Voip-Pal.com (VPLM) shares are outstanding in this notice?

The notice states that 3,755,305,519 shares of common stock were outstanding when the Form 144 information was prepared, providing a baseline for the company’s share count.

How were the VPLM shares in this Form 144 originally acquired?

The 6,171,885 VPLM common shares were acquired on May 30, 2022 through warrants for professional services from Voip-Pal.com, using a cashless payment method.

Which broker and market are involved in the VPLM Form 144 sale?

The planned Rule 144 sale uses Wilson Davis & Co. as the broker, with trading indicated on the OTCQB market for Voip-Pal.com common stock.

Does the VPLM Form 144 mention any recent sales by the same holder?

The section requesting information on securities sold during the past 3 months appears without detailed entries in the provided excerpt, so only the new planned 6,171,885-share sale is described.

What representation does the seller make in the VPLM Form 144?

The seller represents that they do not know any material adverse information about Voip-Pal.com’s current or prospective operations that has not been publicly disclosed, as required under the Rule 144 notice language.

Voip Palcom

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VPLM Stock Data

34.93M
3.63B
Telecom Services
Communication Services
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United States
Waco