Voip-Pal.com, Inc. (OTCMKTS:VPLM) Recovers, Awaits Fifth Patent
It seems like Voip-Pal.com, Inc. (OTCMKTS:VPLM) is on another PR offensive, with a new patent-related story posted just before markets open this Tuesday. On Monday, VPLM added more than 5.8% to reach 16 cents, on dollar volumes of more than $760,000. Monday came with renewed interest after last week ended on a downward note, with two serious days of selling.
VPLM announced that the US Patent and Trademark Office has started a new patent procedure, for “Uninterrupted Transmission of Internet Protocol Transmissions During Endpoint Changes” . This means VPLM is working on a technology to offer a seamless continuation of service when a mobile device switches between transmission points.
Thus, VPLM states it has completed a portfolio of VOIP patents, which include billing technologies as well as tracking and interception technologies, for a total of five patents. Now, VPLM has to live up to its hype, and generate real sales, competing with software and communication industry leaders. While the ideas of VPLM may be unique, VOIP services are already offered far and wide, alongside traditional communication services.
While we are waiting for more clarity, other promising technological companies are showing how a bright promise can help a stock, but time dampens the effect. ImageWare Systems, Inc. (OTCMKTS:IWSY) already sank to $1.50, after hanging onto the $2 levels for a long time. So far, the slide is slow.
For VPLM, a price of 16 cents seems low still, but the company remains a risky pink sheet, with just $4,000 in cash to achieve its ambitious VOIP projects. So a low price does not guarantee a good run. Currently the ticker is not being promoted, so this ensures less disproportion in the price levels.
Another trendy technology, cloud computing, is pointing the attention toward Cloud Security Corp. (OTCBB:CLDS). The ticker reached 80 cents, only to slide back on two days of selling toward 62 cents.
Now, the new week will show if VPLM has enough energy to continue the climb, or if its promise is too inflated, and the weak financials remain the main worry. Investors’ sentiment is rather negative, seeing VPLM as mostly a PR-made wonder, which could sink after the latest announcement. Still others remain positive of the company’s longer-term potential. If you are looking for an entrance, decide on your own preferred time frame and do not invest sums you cannot afford to lose in whole or in part.