Can You Call Voip-Pal.Com (VPLM) Hot Or Shot?

VPLM Stock, Voip-Pal.Com Inc.Expecting to get a clear line on what’s caused the penny stock of Voip-Pal.Com, Inc. (VPLM) to charge so high on Friday is going to be a tough call to make. After a late Thursday PR stating how a “Blackout Period” was being put into place while the Voice-over-Internet Protocol (“VoIP”) technology patent holder allows the Board of Directors to proceed with the current business at hand. Seems a bit weird considering that there have been no revenues generated yet on the dinosaur technology, but the statement promises that insiders and affiliates won’t be trading VPLM stock until June 20th, the alarm bells have’t started to ring just yet.

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Market Cap: 223.58M
Last: 0.2521 ▲ +0.0871 (+52.79%)
Volume: 5,490,973
Dollar Volume: $1,345,932
Open: 0.2138
High: 0.324
Low: 0.18
Trades: 637
14-Day RSI: 77.87%
1st Resistance Point: 0.3241
1st Support Level: 0.1801
52Wk High: 0.324
52Wk Low: 0.06

Go back a decade ago and investing into VoIP technology would have meant that you hit the nail on the head in terms of finding the hidden gem that would eventually become the norm in today’s world. Bring that concept to today’s market and throw a bunch of money into Voip-Pal.Com and you’ve got the makings of a poor decision based on a few of the items that can be found within the financial statements which indicate why the rise on VPLM shares might not continue moving forward into this week.

Firstly, their were no revenues booked by Voip-Pal.com during the 6 months ended March 31, 2014 which is hardly a surprise considering that the patent portfolio focused provider of local and long-distance VoIP telephone services for next generation devices including smartphones, tablets and cell phones booked just $151 for the fiscal year ended September 30, 2013 and a mere $187 for the fiscal year ended September 30, 2012. With expenses running up to $753,203 for the 6 months ended March 31, 2014, $455,000 of which was booked as stock based compensation, there isn’t any more shares of VPLM stock to issue in exchange of fees or services unless they increase the total authorized number or call in some more favors from Uranus International or Locksmith Financial.

Secondly, the PR issued on May 20 which highlights how Voip-Pal.com eliminated over $1 million in debt and is now debt free comes at the price of whether or not this pinksheet listed “Blackout Period” is as valid as the kernels the data is stored on. Sure they had only $27,187 in debt as of March 31, 2014, but looking back to their year ended September 30, 2012, there was only 309,038,360 shares of VPLM stock issued and outstanding, 720,460,237 as of September 30, 2013, and almost all of the shares issued during the prior fiscal year were issued at under 0.01 in debt conversions.

So, seeing as how VPLM notched a huge victory on Friday by ending the session as a very popular ticker, as well as setting a new 52 week high, following up on such an eventful Friday is sure to be a hard task to achieve. Seeing as how VPLM stock hasn’t been as high as it is now since January, the number of shareholders who totally forgot they held the POS prior to Friday are sure to be looking to get out as high as they can come this morning which leaves little to no room for a new 52 week high let alone a visit to the .30’s again.

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About VPLM Stock

Voip-Pal.Com, Inc. is a development stage company which holds a patent portfolio of VoIP Technology and is also a provider of local and long-distance VoIP telephone services for next generation devices including smartphones, tablets and cell phones.

Click here to view the filings for VPLM.
Click here to view the website for Voip-Pal.com.

Authorized: 900,000,000
Issued and Outstanding: 886,902,009

Last 5 Trading Sessions:

Date Open High Low Last Change % Chg Volume
06/06/14 0.2138 0.3240 0.1800 0.2521 +0.0871 +52.79% 5,490,900
06/05/14 0.1450 0.1650 0.1300 0.1650 +0.0300 +22.22% 913,200
06/04/14 0.1170 0.1450 0.1100 0.1350 +0.0250 +22.73% 669,700
06/03/14 0.1105 0.1190 0.1050 0.1100 unch unch 219,200
06/02/14 0.1200 0.1200 0.1050 0.1100 -0.0100 -8.33% 633,900

 

Bottom Line:

Some traders are addicted to taking risks while others just want to feel extremist. It’s hard to find some additional upside to VPLM despite it ending Friday’s session as one of the top 10 penny stocks traded. The setting of a new 52 week high Friday and basically shooting ts load does give reason to believe that VPLM stock will remain active throughout this week, but to see it hit the .30’s again is a call on the most risk-loving traders to make.

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