[144] Voip-pal.com Inc SEC Filing
Voip-pal.com Inc (VPLM) filed a Form 144 notice reporting a proposed sale of 3,982,606 common shares through broker Wilson Davis & Co (Salt Lake City) with an aggregate market value of $80,0003,677,303,519 and an approximate sale date of 09/16/2025 on the OTC market (OTC ID). The securities being offered were acquired as compensation: 3,344,371 shares via warrants for professional services on 01/12/2024 and 4,588,235 shares via options for professional services on 05/31/2023, with both transactions noted as cashless. No securities were reported sold in the past three months. The filer attests there is no undisclosed material adverse information.
- Transparent regulatory disclosure of proposed sale details including broker, share counts, and acquisition provenance
- Acquisitions and payment method disclosed (warrants/options for professional services; cashless)
- Large number of shares referenced (3,982,606) which could represent issuance-related dilution for holders
- Aggregate market value is low ($80,000) indicating the shares may trade at a low per-share price
Insights
TL;DR: A Form 144 discloses a brokered sale of nearly 4.0M common shares with modest stated market value, reportedly acquired as service compensation.
The filing provides clear mechanics: broker identification, share counts, acquisition dates and the cashless nature of the issuances. Material details such as the large outstanding share count and the low aggregate market value are presented explicitly, allowing assessment of potential dilution and liquidity impact from this sale. Absence of recent sales in the prior three months is noted. The notice is procedural and does not include operating or financial performance data.
TL;DR: This is a standard Rule 144 notice showing disposition intent by a person who received shares for professional services.
The disclosure states the securities were acquired via warrants and options issued by the issuer as compensation and that the sale is to be executed through a named broker. The signer affirms no known undisclosed material adverse information. The filing contains no information about insider identity, trading plans, or any corporate approvals, limiting conclusions about governance implications beyond transparent regulatory compliance.