Company: VPLM
Filing Date: 2025-12-23
Form Type: 10-K
Source: 0001493152-25-029094
Chunk: 127

Company: Voip-pal.com Inc
Filing Date: 2025-12-23
Form: 10-K
Item: Item 1A
Chunk 127
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 to be restricted
from trading under Rule 144 and subject to a voluntary lock-up agreement under which they cannot be traded, transferred, pledged or sold
by the holders until such time as the Company has met the requirements of the bonusable event as described above.

As
at September 30, 2025 and 2024, no bonusable event has occurred and there was no Performance Bonus payable.

36

Item
9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.

There
have been no changes in or disagreements with accountants on accounting or financial disclosure matters.

Item
9A. Controls and Procedures.

Evaluation
of Disclosure Controls and Procedures

At
the end of the period covered by this Report for the year ended September 30, 2025, an evaluation was carried out under the supervision
of, and with the participation of, the Company’s management, including its Chief Executive Officer (“CEO”) and
Chief Financial Officer (“CFO”), of the effectiveness of the design and operation of the Company’s disclosure
controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) of the Exchange Act). During the evaluation, management identified
material weaknesses as below.

Based
on that evaluation, the Company’s CEO and CFO have concluded that the Company’s disclosure controls and procedures were not
effective to provide reasonable assurance that the information required to be disclosed in reports filed or submitted under the Exchange
Act is: (i) recorded, processed, summarized, and reported within the time periods specified by the SEC’s rules and forms; and (ii)
accumulated and communicated to management, including the Company’s principal executive and principal financial officers, or other
personnel performing similar functions, as appropriate to enable timely decisions regarding required disclosures. This conclusion reflects
the compensating processes and oversight implemented by management, which management believes help mitigate, but do not eliminate, the
material weaknesses.

Management’s
Report on Internal Control over Financial Reporting

The
Company’s management, including the Company’s CEO and CFO, is responsible for establishing and maintaining adequate internal
control over financial reporting (“ICFR”), as such term is defined in Rules 13a-15(f) and 15d-15(f) under the Exchange
Act. The Company’s ICFR is a process designed to provide reasonable assurance regarding the reliability of financial reporting
and the preparation of consolidated financial statements for external purposes in accordance with US GAAP. The Company’s ICF