VOIP-PAL.COM INC (OTCMKTS:VPLM) Surges Out Of Nowhere

[[tagnumber 0]][[tagnumber 1]]VOIP–PAL.COM INC (OTCMKTS:VPLM) recorded quite the explosive performance during this month that pushed it above the 13 cent per share mark in the middle of the month. Unfortunately, the upward run didn’t last and VPLM quickly began to lose altitude.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The strange thing is that there is actually nothing to suggest such volatility. The last press release coming from company HQ is dated July 22, there are no obvious paid promotional campaigns and the financial report covering the period ended June 30, 2015 contained quite unimpressive numbers.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 9]] [[tagnumber 10]]cash: $25 thousand[[tagnumber 11]] [[tagnumber 10]]current assets: $25 thousand[[tagnumber 11]] [[tagnumber 10]]total liabilities: $60 thousand[[tagnumber 11]] [[tagnumber 10]]revenues: ZERO[[tagnumber 11]] [[tagnumber 10]]net loss: $242 thousand[[tagnumber 11]] [[tagnumber 20]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]You might imagine the surprise we had when we saw such price movement and volumes of the company stock when you have these fundamentals and virtually no news coming from company HQ. But, after all, the OTC market is a strange place.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]For instance, [[tagnumber 28]]VPLM[[tagnumber 29]] suddenly jumped 14.44% in yesterday’s session and closed at $0.103 while 1 million shares were traded during the day and generated a total of $121 thousand in daily dollar volume. Again, there was absolutely no obvious reason.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Considering the stock’s unpredictability, the bad financial situation and the lack of news you should be sure to do your due diligence and weigh out the risks when contemplating any trades involving [[tagnumber 28]]VPLM.[[tagnumber 29]][[tagnumber 2]]