Voip-Pal.com, Inc. (OTCMKTS:VPLM) Holds Positions with Help of PR
After a brief correction, Voip-Pal.com, Inc. (OTCMKTS:VPLM) boosted its price with another press release on expanding its advisory board. In the past few days, the company advertised the potential of two experts it attracted, Dr. Thomas E. Sawyer and Dr. Colin Tucker. Whether those names will bring VPLM out as a telecommunications success is still questionable, but the news boosted interest in the stock. 
VPLM is trying to hold up its levels and prevent a downfall after the last promotional email came on April 25th. The next few days will show if the stock can keep its unprecedented heights or it will take the route of many pumped tickers and lose a large percentage of its value. 
This pink sheet is an alternative filer, so there is no updated information with the SEC. Still, VPLM discloses the following:
- $4,000 cash
- $9,000 total assets, $62,000 intangibles
- $223,000 total current liabilities
- Zero revenues
- $138,000 net loss
The company will try to make a splash with a somehow complicated business model, converting bonus points and airmiles to pre-payment for VOIP services. But perhaps the company’s biggest bet is a system for call interception that it plans to hold as an advantage, as more and more governments decide to control calls over the internet. VPLM received patent protection for the technology in the USA in the middle of April, and soon an European approval is expected. VPLM operates its VOIP business through a Gibraltar-registered subsidiary, Digifonica International Limited.
The last email for VPLM came from UndiscoveredEquities.com. This pumper has a limited record and specializes in free promotions. Since the last VPLM message the pumper has moved on, suggesting that for now, this stock may not rely on a pump to keep the levels, and at all-time highs, VPLM faces a great probability of reversal. The current selection is Pan American Goldfields Ltd (OTCMKTS:MXOM), a ticker that has been making a cautious climb on strong volumes in the past days.
Keep in mind that pumps cause disproportionate movements and even if VPLM looks interesting on paper, it is best not to invest unless you can afford the loss in case the ticker reverts to previous lows.
