Voip-Pal.com Board of Directors Unanimously Passes Resolution to Freeze the Transfer of Approximately 100 Million Restricted Shares Issued to Locksmith Financial Corporation Pending the Outcome of an Investigation

BELLEVUE, Wash.--(BUSINESS WIRE)--Voip-Pal.com Inc. (“Voip-Pal”, “Company”) (OTC Pink: VPLM) announced today that the Board of Directors has unanimously passed a resolution to freeze any transfer of approximately 100,000,000 shares issued in 2013 to Locksmith Financial Corporation (“Locksmith”), pending the outcome of a recently conducted regulatory investigation. The current holders of these stocks include Locksmith, Talisman Financial Inc., VHB International Ltd., and Cactus Ventures, Inc. Earlier this year, while an independent...