VOIP-Pal.com (PINK:VPLM) Brought to Unseen Heights
It is becoming a tradition for VOIP-Pal.com (PINK:VPLM) to be promoted in the spring months. The current rising trend so far surpasses anything this ticker has done in the past, and now the stock stands around 8 cents, still rising after the promotional mails stopped back on March 7th. The seller of voice over IP supported investors’ interest with just enough press releases.
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
It seems the company has taken up an ambitious business model, and bet a lot, but so far it remains to be seen if it will become a staple for internet users. In the past, VPLM has shown longer periods of falls, as long as a few months, but it is not unusual for the ticker to correct sharply within days.
VPLM operates its VOIP business through a Gibraltar-registered subsidiary, Digifonica International Limited. Through this entity, it develops and patents its VOIP services. The highlight for this is call interception technology, which VPLM believes may be the source of government contracts as traceability and interceptability may be required in the future.
But this technology, as well as other proposals, are only patent proposals, and it may take time until patent is granted. Until that time, a relatively low-priced stock may do anything. Still, VPLM seems devoted to keeping its communication channels active and this may continue to fuel the trend.
The pumper, TheSUBWAY.com, received 100 million VPLM shares for the promotion of this ticker, a significant amount, given that daily volumes move between one and four million shares. The pumper itself is a threat to the stock’s levels, possibly selling off the holdings when the price is right.
This pumper receives between $10,000 and $300,000 for paid promotions, and has a significant history of past selections, though it made a year’s pause before taking up VPLM again. Most of the picks date back to 2011, and several are even more obscure than VPLM. The graph for International Development & Environmental Holdings (OTC:IDEH) is eloquent- after the paid emails activated the stock, it slid down more than 90 %. It is best to be aware that VPLM may correct sharply, so stay away if you cannot afford to lose a big part of your investment.