VoIP-PAL.COM Inc. has announced an increase in its authorized capital. The board of directors and the majority of the company's stockholders have approved raising the authorized common stock from 9 billion shares to 10 billion shares, each with a par value of $0.001. This move aims to provide the company with greater flexibility to issue additional shares, which management believes will enhance its ability to attract financing. There are no proposed changes to the authorized preferred stock, which currently stands at 2 million shares with a par value of $0.01.
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