Home / Going-concern warnings / Voip-pal.com Inc
Filed 2026-08-14 路 Form 10-Q 路 Accession 0001493152-26-038165 nano
Price before filing: $0.0056 (2026-08-13 close, split/dividend-adjusted)
Market cap at flag: $23.0M (2026-08-14) 路 Latest: $9.2M (2026-10-16)
| Window | VPLM | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -21.7% | -2.2% | -19.5% | 2026-09-14 |
| 90 days | pending | pending | until 2026-11-12 | |
| 180 days | pending | pending | until 2027-02-10 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 4 insiders sold $46K (25 sales); 1 insider bought $17K (5 purchases)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-06-16 | KUANG JIN CFO | Sale | 250,000 | $0.01 | $3K | no | Form 4 |
| 2026-06-16 | WILLIAMS KEVIN BRYAN Director | Sale | 250,000 | $0.01 | $2K | no | Form 4 |
| 2026-06-17 | Baggio Barbara WIFE OF CEO | Sale | 250,000 | $0.01 | $3K | no | Form 4 |
| 2026-06-17 | KUANG JIN CFO | Sale | 250,000 | $0.01 | $3K | no | Form 4 |
| 2026-06-17 | SAYLOR HOWARD CLIFTON Director | Purchase | 56,749 | $0.01 | $573 | no | Form 4 |
| 2026-06-17 | SAYLOR HOWARD CLIFTON Director | Purchase | 145,000 | $0.01 | $2K | no | Form 4 |
| 2026-06-17 | SAYLOR HOWARD CLIFTON Director | Purchase | 435,000 | $0.01 | $5K | no | Form 4 |
| 2026-06-17 | SAYLOR HOWARD CLIFTON Director | Purchase | 825,688 | $0.01 | $9K | no | Form 4 |
| 2026-06-17 | SAYLOR HOWARD CLIFTON Director | Purchase | 150,000 | $0.01 | $2K | no | Form 4 |
| 2026-06-17 | WILLIAMS KEVIN BRYAN Director | Sale | 250,000 | $0.01 | $2K | no | Form 4 |
| 2026-06-18 | Baggio Barbara WIFE OF CEO | Sale | 250,000 | $0.01 | $3K | no | Form 4 |
| 2026-06-18 | CHANG DENNIS Director | Sale | 60,000 | $0.01 | $636 | no | Form 4 |
| 2026-06-18 | KUANG JIN CFO | Sale | 250,000 | $0.01 | $3K | no | Form 4 |
| 2026-06-18 | WILLIAMS KEVIN BRYAN Director | Sale | 250,000 | $0.01 | $2K | no | Form 4 |
| 2026-06-22 | Baggio Barbara WIFE OF CEO | Sale | 15,000 | $0.01 | $150 | no | Form 4 |
| 2026-06-22 | Baggio Barbara WIFE OF CEO | Sale | 235,000 | $0.01 | $2K | no | Form 4 |
| 2026-06-22 | CHANG DENNIS Director | Sale | 189,999 | $0.01 | $2K | no | Form 4/A |
| 2026-06-22 | CHANG DENNIS Director | Sale | 10,001 | $0.01 | $106 | no | Form 4/A |
| 2026-06-22 | KUANG JIN CFO | Sale | 250,000 | $0.01 | $3K | no | Form 4 |
| 2026-06-22 | WILLIAMS KEVIN BRYAN Director | Sale | 10,000 | $0.01 | $100 | no | Form 4 |
| 2026-06-22 | WILLIAMS KEVIN BRYAN Director | Sale | 240,000 | $0.01 | $2K | no | Form 4 |
| 2026-06-23 | CHANG DENNIS Director | Sale | 129,999 | $0.01 | $1K | no | Form 4/A |
| 2026-06-23 | WILLIAMS KEVIN BRYAN Director | Sale | 250,000 | $0.01 | $3K | no | Form 4 |
| 2026-06-24 | Baggio Barbara WIFE OF CEO | Sale | 250,000 | $0.01 | $3K | no | Form 4 |
| 2026-06-24 | CHANG DENNIS Director | Sale | 70,001 | $0.01 | $714 | no | Form 4/A |
| 2026-08-14: red flag filed | |||||||
Showing 25 of 30 transactions.
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-16 to 2026-09-13. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"These material uncertainties raise substantial doubt about the Company's ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2026-06-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
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