Voip-pal.com (VPLM) CEO corrects and updates massive warrant, option stakes
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Voip-pal.com Inc CEO Magdi Emil Malak filed an amended insider report updating his derivative holdings. The filing lists warrants covering 50,000,000 shares of common stock at an exercise price of $0.005 per share, expiring on August 18, 2034, and options covering 10,000,000 shares at $0.005 per share, expiring on April 23, 2031.
A footnote explains that a prior report missed a warrant position and clarifies that the total warrants beneficially owned at the end of the earlier reporting period was 2,347,893,999. Another footnote notes a typo in the original filing, while confirming that the total options previously reported was correct. The amendment does not show new purchases or sales, but rather corrects and restates the CEO’s outstanding derivative positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MALAK MAGDI EMIL
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | OPTIONS | -- | -- | -- |
| holding | WARRANTS | -- | -- | -- |
Holdings After Transaction:
OPTIONS — 10,000,000 shares (Direct, null);
WARRANTS — 50,000,000 shares (Direct, null)
Footnotes (1)
- TYPO ON ORGINAL FILING - TOTAL OPTIONS REPORTED WAS CORRECT (#9) WARRANT WAS MISSED IN PRIOR REPORTING. THE TOTAL AMOUNT OF WARRANTS BENEFICIALLY OWNED AT END OF REPORT WAS CORRECT AT 2,347,893,999
Key Figures
Warrants underlying shares: 50,000,000 shares
Warrant exercise price: $0.005 per share
Options underlying shares: 10,000,000 shares
+4 more
7 metrics
Warrants underlying shares
50,000,000 shares
Common stock underlying warrants at $0.005, expiring August 18, 2034
Warrant exercise price
$0.005 per share
Exercise price for warrants on Voip-pal.com common stock
Options underlying shares
10,000,000 shares
Common stock underlying options at $0.005, expiring April 23, 2031
Option exercise price
$0.005 per share
Exercise price for reported options on common stock
Total warrants beneficially owned
2,347,893,999 warrants
Footnote: total warrants beneficially owned at end of prior report
Warrants held after transaction
50,000,000 units
Total shares underlying reported warrant holding following entry
Options held after transaction
10,000,000 units
Total shares underlying reported option holding following entry
Key Terms
beneficially owned, warrants, options, exercise price, +1 more
5 terms
beneficially owned financial
"THE TOTAL AMOUNT OF WARRANTS BENEFICIALLY OWNED AT END OF REPORT WAS CORRECT"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
warrants financial
"WARRANTS on common stock with an exercise price of $0.005 per share"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
options financial
"OPTIONS on common stock with an exercise price of $0.005 per share"
Options are contracts that give investors the right to buy or sell an asset at a specific price within a certain time frame. They function like a reservation or a ticket that allows for potential profit or protection against price changes, making them useful tools for managing investment risks or speculating on market movements.
exercise price financial
"exercise price of 0.0050 per share for both warrants and options"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Form 4/A regulatory
"Amended Form 4/A reflecting corrections to previously reported holdings"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
FAQ
What does Voip-pal.com (VPLM) CEO Magdi Emil Malak report in this Form 4/A?
The CEO reports updated holdings of derivative securities. The amendment lists warrants and options on Voip-pal.com common stock, clarifying prior reporting errors and confirming the totals of these derivative positions beneficially owned at the end of the earlier period.
Did the Voip-pal.com (VPLM) Form 4/A show any insider buying or selling?
The amendment does not show new insider purchases or sales. It records two holding entries for warrants and options, with transaction summaries indicating zero buy or sell transactions and focusing instead on correcting previously reported derivative positions.
What options on Voip-pal.com (VPLM) stock does the CEO report holding?
The CEO reports options with an exercise price of $0.005 per share on 10,000,000 underlying common shares. These options have an expiration date of April 23, 2031, and the filing clarifies that the previously reported total number of options was correct.
What exercise prices are disclosed for Voip-pal.com (VPLM) derivatives in this Form 4/A?
Both the warrants and the options reported have an exercise price of $0.005 per share. The warrants expire on August 18, 2034, while the options expire on April 23, 2031, defining the terms under which common shares may be acquired.
Why did Voip-pal.com (VPLM) file this amended Form 4/A?
The amendment corrects prior reporting of the CEO’s derivative holdings. Footnotes state a typo affected the options disclosure and that a warrant position was missed, while clarifying that the total warrants and options beneficially owned at the earlier report date were correctly stated.