STOCK TITAN

VoIP-Pal (OTCQB: VPLM) approves 13B authorized-share increase, majority vote

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
PRE 14C

Rhea-AI Filing Summary

VoIP-Pal.Com Inc. is increasing its authorized common stock from 10,000,000,000 to 13,000,000,000 shares of common stock, par value $0.001 (the "Authorized Capital Increase"). The board approved the change by written consent on April 17, 2026 and holders of a majority of issued and outstanding stock approved it effective by written consent on May 11, 2026 with an affirmative vote of 51.05%. The action was taken under Nevada law and will become effective upon filing a Certificate of Amendment with the Nevada Secretary of State; the information statement is being mailed on or about June 5, 2026 to stockholders of record as of April 17, 2026. Management states the purpose is to provide flexibility to issue additional shares to attract financing. As of the Record Date there were 3,826,570,684 issued and outstanding shares of Common Stock and 926,438 issued and outstanding shares of Series A preferred stock.

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Insights

Board and majority holders approved a 30% increase in authorized common shares.

The board adopted the Authorized Capital Increase and holders of a majority of issued and outstanding stock approved it by written consent, recording an affirmative vote of 51.05. The company cites flexibility to issue additional shares to attract financing as the purpose.

The increase becomes effective upon filing a Certificate of Amendment with the Nevada Secretary of State; timing for filings and any subsequent issuances will appear in later filings. Holders should note the company's largest common holder, Emil Malak, holds substantial voting power per the Record Date data.

The corporate action follows Nevada statute and mailed disclosure timing requirements.

The action was taken under Section 78.207 and will be effected under Section 78.209 upon filing the Certificate of Amendment. The information statement will be mailed on or about June 5, 2026, and securities-law timing requires at least 20 days after distribution before effecting the increase for stockholders who did not previously consent.

Provisions noted include absence of dissenters' appraisal rights under Nevada law and that the Series A preferred remains unchanged. Subsequent filings should state the amendment filing date and any share issuances.

New authorized common shares 13,000,000,000 shares authorized capital after amendment
Prior authorized common shares 10,000,000,000 shares authorized capital before amendment
Issued and outstanding Common Stock 3,826,570,684 shares as of Record Date <date>April 17, 2026</date>
Series A preferred outstanding 926,438 shares as of Record Date <date>April 17, 2026</date>
Affirmative vote 51.05% vote approving the Authorized Capital Increase
Emil Malak common holdings 2,468,609,945 shares beneficial ownership as listed (39.69%)
Authorized Capital Increase regulatory
"approve an increase in our authorized capital from 10,000,000,000 shares to 13,000,000,000 shares"
Certificate of Amendment regulatory
"effective upon filing a Certificate of Amendment with the Nevada Secretary of State"
A certificate of amendment is an official filing that updates a company’s founding documents—its legal “rulebook” that sets share structure, voting rules, name and basic purpose. Think of it like changing the blueprint of a building: small changes are paperwork, big ones can alter who owns how much and who controls decisions. Investors watch these filings because they can affect share counts, voting power, dilution and company value.
dissenters' rights legal
"Under the NRS, our stockholders do not have dissenters’ rights in connection with the Authorized Capital Increase"
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14C

 

Information Statement Pursuant to Section 14(c)

of the Securities Exchange Act of 1934

 

Check the appropriate box:

 

Preliminary Information Statement

 

Confidential, for Use of the Commission Only (as permitted by Rule 14c-5(d)(2))

 

Definitive Information Statement

 

VoIP-PAL.COM INC.

(Name of Registrant as Specified in its Charter)

 

Payment of Filing Fee (Check all boxes that apply):

 

☒ No fee required

 

Fee paid previously with preliminary materials

 

☐ Fee computed on table in exhibit required by Item 25(b) of Schedule 14A (17 CFR 240.14a-101) per Item 1 of this Schedule and Exchange Act Rules 14c-5(g) and 0-11

 

(1) Title of each class of securities to which transaction applies:

 

(2) Aggregate number of securities to which transaction applies:

 

(3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule

 

0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

 

(4) Proposed maximum aggregate value of transaction:

 

(5) Total fee paid:

 

 

 

 
 

 

VoIP-PAL.COM INC.

7215 Bosque Boulevard, Suite 102

Waco, TX 76710-4020

 

May 14, 2026

 

Dear Stockholder:

 

We are furnishing the enclosed information statement to you in connection with a proposal to increase our authorized capital from 10,000,000,000 shares of common stock, par value $0.001, to 13,000,000,000 shares of common stock, par value $0.001 (the “Authorized Capital Increase”). No changes to our authorized preferred stock, which presently consists of 2,000,000 shares, par value $0.01, are being proposed.

 

WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY.

 

Our board of directors reviewed and approved the Authorized Capital Increase by consent resolutions dated April 17, 2026. The holders of a majority of our issued and outstanding stock also approved the Authorized Capital Increase by written consent dated effective May 11, 2026. However, pursuant to applicable securities laws the Authorized Capital Increase will not be effected until at least 20 days after a definitive information statement has been sent to our stockholders who did not previously consent to the Authorized Capital Increase.

 

By Order of the Board of Directors:

 

/s/ Emil Malak

 

Emil Malak

Chief Executive Officer

 

 
 

 

INFORMATION STATEMENT

 

Introduction

 

The holders of a majority of the issued and outstanding stock of VoIP-Pal.Com Inc. (“we”, “our”, “us”) have taken an action by written consent without a meeting, pursuant to Section 78.207 of the Nevada Revised Statutes (the “NRS”), to approve an increase in our authorized capital from 10,000,000,000 shares of common stock, par value $0.001, to 13,000,000,000 shares of common stock, par value $0.001 (the “Authorized Capital Increase”). The purpose of the Authorized Capital Increase is to provide us flexibility to issue additional shares of our common stock (the “Common Stock”), which management believes will better position us to attract financing.

 

This information statement is being filed pursuant to Section 14(c) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and provided to our stockholders pursuant to Rule 14c-2 under the Exchange Act.

 

WE ARE NOT ASKING FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY.

 

We were incorporated under the laws of the State of Nevada and our Common Stock is registered under Section 12(g) of the Exchange Act. Our Common Stock is currently quoted on the OTCQB tier of the OTC Markets under the trading symbol VPLM. We are a fully-reporting Exchange Act company.

 

Information about us can be found our most recent annual report on Form 10-K for the fiscal year ended September 30, 2025, filed with the Securities and Exchange Commission (the “SEC”). Additional information about us can be found in our public filings that can be accessed electronically by means of the SEC’s home page on the Internet at http://www.sec.gov as well as by other means from the offices of the SEC.

 

We will incur all costs associated with preparing, printing and mailing this information statement.

 

Item 1. Information Required by Items of Schedule 14A

 

Date, Time and Place Information

 

There will not be a meeting of our stockholders to approve the Authorized Capital Increase and we are not required to hold a meeting under the NRS when a corporate action has been approved by the written consent of holders of a majority of our stock entitled to vote on the matter. This information statement is being mailed on or about June 5, 2026 to the holders of our stock as of April 17, 2026.

 

Dissenters’ Right of Appraisal

 

Under the NRS, our stockholders do not have dissenters’ rights in connection with the Authorized Capital Increase.

 

Voting Securities and Principal Holders Thereof

 

The record date for the determination of stockholders entitled to consent to the Authorized Capital Increase was April 17, 2026 (the “Record Date”). As of the Record Date we had 3,826,570,684 issued and outstanding shares of Common Stock plus 926,438 issued and outstanding shares of Series A preferred stock, par value $0.01. Each share of our Common Stock entitles the holder thereof to one vote per share on any matter that may come before a meeting or vote of our stockholders, while each share of our Series A preferred stock entitles the holder thereof to 1,550 votes per share on any such matter.

 

 
 

 

The Authorized Capital Increase was approved by the holders of a majority of our stock entitled to vote on the Record Date. The vote required to approve the Authorized Capital Increase was 50% of the shares entitled to vote plus one vote, a simple majority. The actual affirmative vote was 51.05% of the shares.

 

Under applicable securities laws, we are not permitted to effect the Authorized Capital Increase until at least 20 days after we distribute a definitive information statement to our stockholders who have not previously consented to the corporate action.

 

Security Ownership of Certain Beneficial Owners and Management

 

The following table sets forth the ownership, as of the Record Date, of our Common Stock by each of our directors, by all of our executive officers and directors as a group and by each person known to us who is the beneficial owner of more than 5% of any class of our securities. As of the Record Date there were 3,826,570,684 issued and outstanding shares of our Common Stock and 926,438 issued and outstanding shares of our Series A preferred stock. All persons named have sole or shared voting and investment power with respect to the securities, except as otherwise noted. The number of securities described below includes shares which the beneficial owner described has the right to acquire within 60 days of the date of this information statement.

 

For purposes of computing the percentage of outstanding shares of our Common Stock held by each person or group of persons, any shares that such person or persons has the right to acquire within 60 days of the date of this information statement is deemed to be outstanding, but is not deemed to be outstanding for the purpose of computing the percentage ownership of any other person. The inclusion herein of any shares listed as beneficially owned does not constitute an admission of beneficial ownership.

 

Class 

Beneficial Owner

Information

 

Number of

Shares

  

Percentage of

Class (%)

 
Common Stock  Emil Malak (1)   2,468,609,945 (2)   39.69 
Common Stock  Gavin McMillan (3)   77,933,333 (4)   2.00 
Common Stock  Jin Kuang (5)   43,607,606 (6)   1.13 
Common Stock  Kevin Williams (7)   146,171,885 (8)   3.69 
Common Stock  Dennis Chang (9)   136,647,595 (10)   3.45 
Common Stock  Clifton Saylor (11)   270,372,927 (12)   6.79 
Common Stock  Austin McDonald (13)   107,561,717 (14)   2.74 
   Officers and Directors as a Group   3,250,905,008   59.49 
Series A Preferred Stock (15)  Emil Malak (1)   926,438  (16)   100 
   Officers and Directors as a Group   926,438    100 

 

(1)Emil Malak is our Chief Executive Officer and director.

 

 
 

 

(2)Includes 75,715,946 shares held by Barbara Baggio, the spouse of Mr. Malak, plus warrants to purchase 2,347,893,999 shares and options to purchase 45,000,000 shares each held by Mr. Malak directly.

 

(3)Gavin McMillan is our President.

 

(4)Includes 2,933,333 shares, plus warrants to purchase 67,500,000 shares and options to purchase 7,500,000 shares.

 

(5)Jin Kuang is our Chief Financial Officer.

 

(6)Includes 3,607,606 shares plus warrants to purchase 40,000,000 shares.

 

(7)Kevin Williams is our director.

 

(8)Includes 6,171,885 shares, plus warrants to purchase 130,000,000 shares and options to purchase 10,000,000 shares.

 

(9)Dennis Chang is our director.

 

(10)Includes 1,647,595 shares, plus warrants to purchase 125,000,000 shares and options to purchase 10,000,000 shares.

 

(11)Clifton Saylor is our director.

 

(12)Includes 87,333,334 shares held by the Saylor Marketing, Inc., Profit Sharing Plan, of which Mr. Saylor is the trustee, 8,629,846 shares held by Mr. Saylor jointly with his spouse, and 19,409,747 shares held by Mr. Saylor directly, plus warrants to purchase 135,000,000 shares and options to purchase 20,000,000 shares each held by Mr. Saylor directly.

 

(13)Austin McDonald is our director.

 

(14)Includes 6,561,717 shares, plus warrants to purchase 101,000,000 shares.

 

(15)Each share of our Series A preferred stock entitles the holder to 1,550 votes per share on any matter that may come before a meeting or vote of our stockholders.

 

(16)Represents votes equivalent to 1,435,978,900 shares of our common stock.

 

Amendment of Charter, Bylaws or Other Documents

 

We are undertaking the Authorized Capital Increase in order to provide flexibility to issue additional shares of our Common Stock as described above.

 

The Authorized Capital Increase will be effective upon filing a Certificate of Amendment with the Nevada Secretary of State pursuant to Section 78.209 of the NRS.

 

Item 2. Statement that Proxys are not Solicited

 

WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY.

 

 
 

 

Item 3. Interest of Certain Persons in or in Opposition to Matters to be Acted Upon

 

No director, officer, associate of any director or officer, or any other person, has any substantial interest, direct or indirect, by security holdings or otherwise, in the Authorized Capital Increase that is not shared by all of our stockholders pro rata and in accordance with their respective interests.

 

Item 4. Proposals by Security Holders

 

None.

 

Item 5. Delivery of Documents to Security Holders Sharing an Address

 

We will deliver only one copy of this information statement to multiple stockholders sharing an address unless we have received contrary instructions from one or more of such stockholders.

 

We undertake to deliver promptly upon written or oral request a separate copy of this information statement to any stockholder at a shared address to which a single copy of the document was delivered. A stockholder can notify us that he or she wishes to receive a separate copy of this information statement or any future Information Statement by writing to us at 7215 Bosque Boulevard, Suite 102, Waco, TX 76710-4020, or by telephoning us at 1-954-495-4600.

 

Stockholders sharing the same address can also request delivery of a single copy of annual reports to security holders, information statements or Notices of Internet Availability of Proxy Materials if they are receiving multiple of such documents in the same manner.

 

By Order of the Board of Directors:

 

Date: May 14, 2026

 

/s/ Emil Malak

 

Emil Malak

Chief Executive Officer

 

 

FAQ

What change did VoIP-Pal (VPLM) approve?

VoIP-Pal approved an increase in authorized common stock from 10,000,000,000 to 13,000,000,000 shares to provide flexibility for future issuances to attract financing.

When was the Authorized Capital Increase approved for VPLM?

The board approved the increase by written consent on April 17, 2026, and holders representing a majority approved it effective by written consent on May 11, 2026.

How many shares were outstanding as of the Record Date for VPLM?

As of the Record Date (April 17, 2026), there were 3,826,570,684 issued and outstanding shares of Common Stock and 926,438 Series A preferred shares.

What voting result approved the change at VPLM?

The Authorized Capital Increase was approved by an affirmative vote equal to 51.05% of the shares entitled to vote, satisfying the simple majority requirement.

When will the Authorized Capital Increase become effective for VPLM?

The increase becomes effective upon filing a Certificate of Amendment with the Nevada Secretary of State; the information statement is being mailed on or about June 5, 2026.