Voip-Pal.com Inc. ("Voip-Pal", "Company") (OTC Pink: VPLM) announced
today that the trading Blackout Period, restricting specific individuals
and entities close to the Company from trading Voip-Pal stock, has been
extended until the close of the market on Thursday July 3, 2014. The
extension of this blackout period is to allow the Board to continue "to
consider an event [that] may occur that is material to the Company and
is known by only a few directors or executives." Any actions and/or
necessary meeting[s] involving parties other than the Board of Directors
that may arise as a result of the considerations of the Board of
Directors during this extended blackout period will be noticed and held
after July 3, 2014.
The Blckout Period extension affects only a small number of individuals
and entities that have received notice from the Company and will not
affect the public at large.
Dr. Thomas Sawyer, Chairman and CEO of Voip-Pal stated, "The Board and
management of the Company appreciate that most shareholders have
recognized the legal requirement to preclude insiders from trading
during this time frame. There is little that can be said about our
considerations until conclusions are reached by the Board. If the
conclusions reached by the Board necessitate participation of other
interested parties, including shareholders, notices will be given and
meetings will be held for input or action from such parties. Again, we
apologize for any inconvenience to our shareholders, which should be
About Voip-Pal.com Inc.
Voip-Pal.Com, Inc. ("Voip-Pal") is a publicly traded corporation (OTC
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.
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