|By Business Wire||
|July 7, 2014 05:00 AM EDT||
Voip-Pal.com Inc. ("Voip-Pal", "Company") (OTC Pink: VPLM) announced today that a written offer has been received to monetize its telephony technology. Discussions conducted during the recent blackout period, which ended at the close of the market on July 3, 2014, resulted in a written offer to license and/or purchase Voip-pal's patent portfolio. Negotiations with respect to this offer and discussions with other prospective purchasers, licensees and partners continue to be conducted in order to assure the best possible outcome for Voip-Pal shareholders. Unfortunately, Voip-Pal cannot disclose additional details at this time, due to non-disclosure/confidentiality agreements.
Dr. Thomas Sawyer, Chairman and CEO of Voip-Pal stated, "While management and the Board had hoped to have a conclusive agreement in place prior to the end of the blackout, we are pleased with the meaningful progress toward that end and we remain very positive for the outcome of the company and returns for the shareholders. Our efforts will continue until the Board is able to negotiate a stronger proposal that it can recommend for shareholder approval."
About Voip-Pal.com Inc.
Voip-Pal.Com, Inc. (“Voip-Pal”) is a publicly traded corporation (OTC Pink: VPLM) headquartered in Bellevue, Washington. The Company owns a portfolio of patents relating to Voice-over-Internet Protocol (“VoIP”) technology that it is currently looking to monetize.
Corporate Website: www.voip-pal.com
May. 4, 2016 09:00 PM EDT Reads: 1,395
May. 4, 2016 07:30 PM EDT Reads: 1,690
May. 4, 2016 07:00 PM EDT Reads: 1,305
May. 4, 2016 07:00 PM EDT Reads: 1,268
May. 4, 2016 05:30 PM EDT Reads: 1,380
May. 4, 2016 05:15 PM EDT Reads: 389
May. 4, 2016 05:00 PM EDT Reads: 1,318
May. 4, 2016 04:30 PM EDT Reads: 824
May. 4, 2016 03:30 PM EDT Reads: 627
May. 4, 2016 03:00 PM EDT Reads: 1,176
May. 4, 2016 03:00 PM EDT Reads: 1,050
May. 4, 2016 02:00 PM EDT Reads: 1,285
May. 4, 2016 02:00 PM EDT Reads: 1,225
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
May. 4, 2016 01:45 PM EDT Reads: 1,339