secwatch.observer — SEC 8-K summary
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Issuer:     Voip-pal.com Inc (VPLM)
CIK:        0001410738
Form:       8-K
Filed at:   2023-03-10T23:59:59+00:00
Accession:  0001493152-23-007152
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.02, 3.03, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VoIP-Pal.com increases Series A Preferred to 800K shares, issues 121,611 shares to CEO, authorizes 5B common shares
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- Amendment filed March 6, 2023 increasing Series A Preferred from 475,000 to 800,000 authorized shares.
- Issued 121,611 Series A shares to CEO Emil Malak at $0.10/share for $12,161 total under Regulation S exemption.
- Series A shares carry 1,550 votes per share; no dividends; non-convertible; non-transferable without consent.
- Board and stockholders approved increase in authorized common stock from 3.5B to 5B shares.
- After issuance, 200,000 preferred shares remain authorized and un-designated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1410738/000149315223007152/0001493152-23-007152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1410738/000149315223007152/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-007152

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer