Company: VPLM
Filing Date: 2025-12-23
Form Type: 10-K
Source: 0001493152-25-029094
Chunk: 334

Company: Voip-pal.com Inc
Filing Date: 2025-12-23
Form: 10-K
Item: Item 6
Chunk 334
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24,905 (September 30, 2024 - $30,721) of prepaid compensation to directors.

    26

VOIP-PAL.COM
INC.

Notes
to the Consolidated Financial Statements

(Expressed
in United States Dollars)

September
30, 2025

NOTE
9. SUPPLEMENTAL CASH FLOW INFORMATION

During
the year ended September 30, 2025, the Company paid $Nil (September 30, 2024 - $Nil) in interest or income taxes. There were no non-cash
investing or financing transactions during the years ended September 30, 2025 and 2024.

NOTE
10. SHARE CAPITAL

Capital
Stock Authorized and Issued as at September 30, 2025:

    -
    10,000,000,000 (2024 –
    8,000,000,000) common voting shares authorized with a par value of $0.001 each, of which 3,746,305,519 (2024 – 3,589,945,275)
    shares are issued.

    -
    2,000,000
(2024 – 1,000,000)
series A preferred shares authorized with a par value of $0.01
each, of which 926,438
(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 year ended September 30, 2025

During
the year ended September 30, 2025, the Company issued:

    _
    110,000,000 common shares
    priced at $0.005 per share for cash proceeds of $550,000 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