New York, NY -- (SBWIRE) -- 10/01/2013 -- Penny Stock Investor Relations Network provides investors with the top penny stock news every trading day, throughout the day. With our alerts, you will know who to buy, who to sell and how to make a profit.
Watching various stocks this past month, few have seen as dramatic rise as VOIP Pal.com Inc. (OTCBB:VPLM). For the past several years, it has been a consistently good performer but in September, it’s price rose by 24 per cent, bringing it up to 14 cents.
Since April, the company has not seen itself promoted heavily but, and this may be a testament to its future movement, the company has not seen its price on the market hurt by the lack of promotion.
VOIP Pal.com Inc. fell briefly from 10 cents to seven cents, but rebounded after several press releases were issued showing that the company was looking at spreading into new markets and into new services. One such press release stated that the company was looking at moving into a potential market in Europe, providing international calls without the problem of roaming.
This helped boost the stock quickly for this company that is in a stage of expansion.
Currently, 900 million shares have been authorized with 831 million shares issued. Daily trades of the company number a few million but many investors are holding onto their shares hoping for a big increase in profits.
VOIP Pal.com provides Voice over Internet Protocol products and services throughout the United States. It offers proprietary transactional billing platform tailored to the points and air mile business, as well as anti-virus applications for smartphones.
Products include magicJack, 1ButtonWiFi and PointsPhone.
Currently, the company is headquartered out of Sun Valley, California.
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