Viper Networks Inc (VPER)

[DewmBoom]

The main issue here is that the company sold 470 million stocks to a couple of shareholders at a super cheap price of 0.0001. These guys have been enjoying selling their stocks at a price of 0.0003 and higher. For a price range between 0.0003 and 0.0008 during the last couple of months, they are making a killing between 200% and 700% profit. I will be interested to know who those two shareholders are and whether they are related to the CEO or not. No names have been mentioned in the OTC reporting for the period ending March 31, 2015. We shall find out more

Below is what has been reported:

On February 4, 2015, we issued 250,000,000 shares of common stock to a
shareholder at a rate of $0.0001, pursuant to Notices of Conversion related to existing Promissory Notes with Company. The shares were issued pursuant to the exemption from registration provided by Section 4(2) of the Securities Act of 1933.

• On March 10, 2015, we issued 220,000,000 shares of common stock to a
shareholder at a rate of $0.0001, pursuant to Notices of Conversion related to existing Promissory Notes with Company. The shares were issued pursuant to the exemption from registration provided by Section 4(2) of the Securities Act of
1933.