Voip-Pal Announces the DTC Has Released the Deposit Chill
December 21, 2016 -- Voip-Pal.com, Inc. (“Voip-Pal,” the “Company”) (OTCQB:VPLM) is pleased to announce the Depository Trust Company (DTC) has released the Deposit Chill on Voip-Pal.com, Inc., CUSIP 92862Y109, pursuant to newly adopted DTC Rule 33. As a result of this action Voip-Pal stock certificate deposit restrictions are removed, the Company is now fully DTC eligible and can resume electronic trading of its stock.
Emil Malak, CEO of Voip-Pal, stated, “We are very pleased the DTC has removed the chill. This has been a lengthy process at the end of a year in which we have become fully SEC reporting and have been up-listed to the OTCQB. We will continue to take all necessary actions to provide full transparency and increase our shareholder’s value.”
The Company also announced it is preparing its response to the US Patent Trial and Appeals Board in the Inter Partes Review filed earlier this year by Apple. The response is due February 10, 2017.
Mr. Malak added, “We appreciate the support and patience of our shareholders and wish them all very happy holidays and a prosperous new year.”