January 30, 2023
The Court in the Western District of Texas Has Lifted the Stay in VoIP-Pal’s Case Against Amazon in Waco Asserting an RBR Continuation Patent
January 11, 2023
VoIP-Pal’s Patent Infringement Lawsuit Against Amazon Remains in the Western District of Texas
January 9, 2023
VoIP-Pal Receives Favorable Claim Construction Ruling in its Patent Infringement Case Against Samsung
December 28, 2022
The PTAB Denies Institution of All Four IPR Petitions filed by Amazon and T-Mobile; To Date VoIP-Pal.com Has Successfully Defeated 20 IPR Challenges Against 8 of its Patents by Amazon, T-Mobile, Google, Apple, AT&T and Unified Patents
December 21, 2022
The PTAB Denies Institution of All Four IPR Petitions by Google; To Date VoIP-Pal.com Has Successfully Defeated 16 IPR Challenges Against 8 of its Patents by Google, Apple, AT&T and Unified Patents
December 1, 2022
Voip-Pal.com Inc. Announces Termination Without Prejudice of all Alice 101 Motions in the Northern District of California
VoIP-Pal CEO Cancels Anti-Dilution Provision, Forgoes Compensation
April 13, 2021 -- VoIP-Pal.com Inc. (“VoIP-Pal”, “Company”) (OTCQB: VPLM) is pleased to announce that CEO Emil Malak has agreed to cancel the anti-dilution provision in his original contract that required the Company to maintain his 40% ownership in its issued stock, and to return several hundred million shares of common stock to the Company treasury in exchange for an equivalent number of warrants to purchase shares at yesterday’s closing price. In addition, he has forgiven current accrued compensation owed to him totaling over $318,000, representing salary for the past three years.
Under his contract for the sale of intellectual property (IP) to VoIP-Pal, Mr. Malak has received 513,535,229 restricted shares, and is due to receive an additional 107,935,333 restricted shares which are not yet issued. He has agreed to return or relinquish any interest in those 621,470,562 shares and instead will receive warrants to purchase 621,470,562 shares of VoIP-Pal common stock at a price of $0.021. In addition, by mutual consent the Anti-Dilution provision has been rendered null and void retroactive to April 1, 2021, and no shares or warrants will be issued pursuant to that clause from that date forward.
On these actions, Mr. Malak said, “I am deeply committed to VoIP-Pal’s success and to increasing value for our shareholders. After careful consideration, I decided to take these steps to strengthen VoIP-Pal and show resolve to the Company. As CEO, my main objective has always been to achieve success alongside all our shareholders, not at their expense.”
Additionally, the Company announces that it has granted up to 100,000,000 options to purchase Common shares to its new directors, management, consultants and advisors. The options will be exercisable for a period of five years at a price of $0.025 per Common share.