VPLM stock (VPLM) planned Rule 144 sale of 37.6M shares disclosed
Rhea-AI Filing Summary
A holder of VPLM common stock has filed a notice of proposed sales under Rule 144. The notice covers a planned sale of 37,553,055 common shares through broker Wilson Davis & Co., with an indicated aggregate market value of $375,530.00 and an approximate sale date of 01/06/2026 on the OTCID market. The filing states that there were 3,755,305,519 common shares outstanding for the issuer. The seller originally acquired 127,590,142 common shares as a gift from Emil Malak, dated 12/06/2021, with the donor’s acquisition date listed as 12/04/2018. The form also includes a representation that the seller is not aware of undisclosed material adverse information about the issuer’s current or prospective operations.
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FAQ
What does this Form 144 filing for VPLM disclose?
The filing discloses that a holder of VPLM common stock plans to sell shares under Rule 144, including details on the number of shares, broker, market value, acquisition history, and representations about knowledge of material information.
What representation does the seller make about information on VPLM?
The person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.