Company: VPLM
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010694
Chunk: 19

Company: Voip-pal.com Inc
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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 which 3,653,305,519 (September 30, 2024 – 3,589,945,275) shares are issued.

    -
    2,000,000 series A preferred shares authorized with a par value of $0.01 each, of which 926,438 (September 30, 2024 – 787,916) shares are issued. The preferred shares were issued for super-voting rights and are not convertible, exchangeable for common shares, nor redeemable for cash. The preferred shares cannot be sold, exchanged or transferred to another party.

Issues during the six-month period ended March
31, 2025

During the six-month period ended March 31, 2025,
the Company issued:

    _
    17,000,000 common shares priced at $0.005 per share for cash proceeds of $85,000 from a private placement of common shares.

    _
    
    5,000,000 common shares for services with a value
    of $25,000.

    _ 
    
    5,000,000 common shares with a value
    of $62,000 to settle accounts payable of $27,237 resulting in a loss on settlement of $34,763.

    _
    30,000,000 restricted common shares priced at $0.0117 per share to Locksmith Financial Corporation as per a settlement and release agreement entered.

    _
    138,522 series A preferred shares pursuant to the Anti-Dilution Clause of the SPA (Note 4) with a value of $1,385 in order to bring total series A preferred share ownership to 926,438.

    _
    
    5,000,000 common shares priced at $0.005 per share,
    offset by 1,655,629 shares returned to treasury pursuant to cashless option exercises with a net value of $3,344.

    _
    5,000,000 common shares priced at $0.005 per share, offset by 1,984,127 shares returned to treasury pursuant to cashless option exercises with a net value of $3,016.

During the year ended September 30, 2024, the
Company issued:

    −
    551,974,976 common shares priced at $0.005 per share for cash proceeds of $2,759,875 from a private placement of common shares.

    −
    50,000,000 common shares were returned to the