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VPER is about last to market with "smart cities". Smart city equipment/infrastructure has been going to over 20 years. And VPER has installed none of it.
What an amazing company.
Goo VPER
EVs already going out of style, so oil is going to make a huge comeback! And as we all know, OOAG might just be the best oil company on the planet!
To da mooon!
There has never been a post saying Toledo Solar or EcoTech was not real.
Toledo Solar has nothing to do with VPER. VPER may be a customer of theirs, and that is a BIG if. Nothing more. EcoTech is a real business that has brought no money to VPER or VPER shareholders in 2023.
Comcast is not an electrical company. They would never run electrical "infrastructure" anywhere.
What an amazing company.
Goo VPER
They filed to raise the AS to 20 BILLION and sell 13 BILLION shares at .0002. This was filed with the SEC. The AS shows 20 BILLION with the state where VPER is registered. They are also in default status with the state. Why they have not shown their correct AS on their last two financials, I have no idea. It's fishy.
Not sure why you posted numbers that are almost 2 years old. Their last (mistake filled) report was last September.
I believe when they do reverse split, that the preferred shares will be immune.
$55 in cash, $72+ million in debt. No appreciable revenue or actual orders.
What an amazing company.
Goo VPER
No.
What an amazing company.
Goo VPER
I see VPER easily getting to $10.
Just depends on the ratio of the reverse split.
What an amazing company.
Goo VPER
Here is the information I have. I have been following VPER for a number of years.
Their AS went from 6 BILLION to 20 BILLION. I don't know why this is not reflected on the financials. It was filed with the SEC, along with their intent to sell 13 BILLION shares at .0002. Company has not addressed this since. Website of the secretary of state where the company is registered shows AS at 20 BILLION.
VPER announced the 21 cities project over 5 years ago. In 2023, they announced they were installing a single pole in Palos Hills as part of this project as a test/demo/proof of concept. That pole is still NOT INSTALLED. Palos Hills has stated they are installing a new streetlight at a different location in the city. It will not be VPER product.
VPER seems to jump from hot trend to hot trend. A few years ago, they were big into VoIP. Then LEDs. Then grow lights for cannabis. Then smartlights. Then smart cities. Then solar power even though it has been around for 100 years. Then crypto mining. Then some sort of wind turbine. Oh, and the ride hailing app that became an everything app that is currently not functional or licensed to do business anywhere. And now they have an additional ride hailing app that also isn't functional or licensed to do business. I also believe they will get sued if they try to do business under the name LIMOMATRIX. Which is probably not a bad thing since the name is stupid as hell.
They aren't innovating. They have no engineering/development employees and no real intellectual property. They can't afford the back end infrastructure to run their apps. For their hardware, I would say they are just putting together components from other manufacturers, which is completely fine (and common), except they have never shown a finished product. Some drawings, some pictures of old installs that VPER definitely didn't get paid for (I'm guessing a partner did), but no new products, no smart cities interface, and only a few screenshots of their apps.
If their OS is 20 BILLION, the share price simply won't move without multiple billion share days. Even at 6 BILLION, it took a meme to move it two years ago.
They reported $55 in cash, $72+ million in debt. Revenue last quarter was $30,100. For the first 9 months it is $30,600. So a whopping $500 for Q1 AND Q2. Income from EcoTech was $0 in Q3. EcoTech was supposed to be doing $1.5 million per year. Evidently it has not had a good year and is not profitable.
Their PRs are very vague and provide no detail or information about the partnerships they are always talking about.
I'm sure I'm leaving something out, but unless it gets memed again, the company is definitely not providing any reason for the pps to be over .0001. I'm still shocked that it isn't there yet. I do believe it will, but they may reverse split prior to that. If VPER does reverse split, I believe the preferred shares will be immune. Do the math on that.
Apollo Smart Lights. Apollo Metro Solutions. Apollo International. Global Services International. Green Sustainable Initiatives. Global Sustainable Initiatives. Not a ton of concrete information about those entities in relation to VPER. Partners? Acquisitions?
Good luck to you. I hope all VPER longs make a bunch of money, I just don't see it happening based on the company itself.
What an amazing company.
Goo VPER
There will probably be news tomorrow and Monday. AMAZING news.
The stock price will probably go to $9/sh or $300/sh. But it may go to .0001.
I always wonder why Farid doesn't come up with more "information". Small "inaccuracies" are ok? Why not go big?
What an amazing company.
Goo VPER
So just .1599, then?
That's not as big of a reverse split as I would expect.
What an amazing company.
Goo VPER
No.
What an amazing company.
Goo VPER
VPER has no intellectual property, financials, are riddled with inaccuracies, and management has never purchased a share.
If the preferred shares are immune to a reverse split, that will be painful for shareholders when the reverse split happens.
VPER has not installed a single pole! Palos Hills appears to have moved on from VPER. The latest streetlight to be installed in Palos Hills is not VPER product.
What an amazing company.
Goo VPER
Couldn't tell you if that's the end of things for VPER in Palos Hills, I just know that they are installing that new street light and it is not a VPER product. You can confirm that for yourself, I don't believe a lot that I read on message boards.
VPER is shady and just seems to say they are always doing business in whatever market is hot.
Inhope all of the longs make a million dollars, I just don't think VPER is going anywhere.
Good luck to you.
What an amazing company.
Goo VPER
Palos Hills city council approved a street light at 7940 W. 108th Street. It will not be a VPER product.
A few possibilities with that. 1. VPER pole is still not installed, so it can't even be evaluated to see if they want to install more. 2. They have decided that VPER can't provide what they said they could and the city has moved on. 3. The pole was installed and Palos Hills determined that it isn't what they want.
Considering VPER has stated thousands of smart lights were supposed to be installed now, it appears that Palos Hills has been forced to move on because VPER failed at installing a single pole.
What an amazing company.
Goo VPER
Palos Hills installing a new street light. Not a VPER product. I guess they learned their lesson.
What an amazing company.
Goo VPER
I know. My reading comprehension is better than the poster who immediately interpreted the tweet as "news at market open on the first trading day of 2024".
"after the new year" could mean 2057.
What an amazing company.
Goo VPER
HUGE update just dropped!!!!!
Didn't somebody guarantee an update first thing on 01/02/2024? I know it wasn't VPER.
What an amazing company.
Goo VPER
No.
What an amazing company.
Goo VPER
VPER has no software engineers.
The product/concept is neither interesting nor disruptive. It is already being done and VPER will never do anything. If they were to attempt to do business with that name, they will get sued.
What an amazing company.
Goo VPER
So good! And don't forget LIMOMATRIX! VPER will definitely be able to compete with Uber and Lyft even though Cybergrab allegedly already had the same functionality built into it.
And I'm pretty sure they will get sued over LIMOMATRIX. But they have the deep pockets to defend themselves against a real company.
ZERO POLES INSTALLED!
$55 in cash.
What an amazing company.
Goo VPER
Their garbage phones?
The one pole would definitely be something, but I have a feeling that Palos Hills and The Village of Justice are going to look at the installation of the single pole and decide that VPER isn't the right company to work with. They claim they did extensive due diligence in selecting VPER, but there were no references to call, no finished product to see. What did they do? And even after the pole is installed, The Village of Justice is already using cameras from another company that appear to have worked well for them on several occasions. They could definitely mount those to VPER's poles, but they can mount them to anything. I don't think there is a compelling reason to switch camera vendors.
And that SINGLE POLE still isn't installed.
Why Limomatrix (most idiotic name ever and they may get sued over it)? They claimed people could book rides using Cybergrab.
What an amazing company.
Goo VPER
Except VPER said "updates after the new year", so that kinda means that it is expected.
Of course, to some people that definitively means Jan. 2, when the tweet definitely did not say that.
What an amazing company.
Goo VPER
CKPT did a reverse split in the fairly recent past. I don't think that was in anticipation of anything specific other than selling additional shares in the future to raise money until they can generate some revenue. They were going to be selling shares whether or not they received the CRL. CRL just means they are going to be selling a LOT more shares than if they wouldn't have received it.
VPER announced the project 5 years ago. The city agreed to have them install a single pole a block away from city hall. That was over 6 months ago and the pole is still not installed. VPER has never publicly shown their "smart pole", so nobody has ever seen a finished product. I don't think one exists. This is not rocket science. A light pole and an internet connection. Of course, their "system" needs to have security and functionality built in, but if you're selling a product, you should have the functionality figured out by this point.
I wouldn't consider it "Awesome news!", but if you want to, feel free.
What an amazing company.
Goo VPER
Palos Hills pole install is a block from city hall. VPER is just sticking it in their faces. I'm surprised the city hasn't said anything.
What an amazing company.
Goo VPER
I'm here to take down the paid bashers (who live in their mom's basement), naked shorties and MM manipulators!
It doesn't matter that the company has almost no revenue, has never installed a single "smart pole", and only has $55 in cash. Doesn't matter that their financials contain multiple inaccuracies.
The stock price should be at $27/share! It only makes sense for a company this amazing!
There are bashers who live in their mom's basement!
TO DA MOOON!
What and amazing company.
Goo VPER
Cybergrab is in ZERO cities.
What an amazing company.
Goo VPER
100 shares gets a 6% bump. I'm sure it would be linear, so 10,000 shares traded be a 600% gain. I'll be forced to sell at that point.
Why did Farid knowingly sign off on incorrect financials two quarters in a row?
Why can't he tweet updates now? Big top secret things going on? What can't they install a SINGLE POLE in 6+ months?
What an amazing company.
Goo VPER
Where are you getting these numbers?
What an amazing company.
Goo VPER
When did management promise that?
What are "the big 5 leads"? Leads would indicate there isn't any actual business happening currently. I thought the company was doing great already.
$55 in cash and $72+ million in debt.
What an amazing company.
Goo VPER
Management is doing nothing. Just look at all of the incorrect information in the financials. No communication in months. ZERO POLES INSTALLED.
What an amazing company.
Goo VPER
Real news from VPER! HAHAHAHAHAHAHAHAHAHAHAHA! Comedy on a short trading week, I love it!
I think the only "real news" from VPER is their SEC filings. Like the one stating they were offering 13 BILLION shares at .0002.
I don't know that any of their PRs counts as "real news". EcoTech seems to have been acquired, so I guess there is that one.
You can't trust their financials as real news since they are riddled with errors. The one supporter knows this and won't admit it.
What an amazing company.
Goo VPER
Of course they are. They have had so much success on international projects. One might even say that their international projects are how VPER got to where they are today.
VPER is doing the same thing internationally that they are domestically. Nothing.
How many times can they PR Palo Hills and the Village of Justice? NOTHING HAS HAPPENED AT EITHER MUNICIPALITY. ZERO POLES INSTALLED.
Viper Networks and ‘House of Invention’ Announce Smart Cities Partnership Agreement for Immediate Project in the Kingdom of Saudi ArabiaPress Release | 07/20/2023
The Village of Justice, Illinois Signs Agreement with Viper Networks for Apollo Smart Poles and LED Smart LightsPress Release | 05/04/2023
Viper Networks Approved to Offer Special Terms for New Users of USADocOnCall.comLicensing/Marketing Agreement Announcement | 03/21/2023
The City of Palos Hills First to Harness Smart City Light Pole Technology in Greater Chicago Taps ‘Viper Networks’ as Integrated Smart City System Leader.Press Release | 02/21/2023
Viper Networks Partners Up with Syngrex as Company Expands Telehealth Platform for CyberGrabPress Release | 01/26/2023
The City of Palos Hills Chooses Viper Networks’ Apollo Smart Light Poles for Citywide UsePress Release | 01/24/2023
Viper Networks Signs Agreement for Smart Cities Projects Funding with Global Sustainable Initiatives, Inc.Press Release | 12/01/2022
Toledo Solar Commences Solar Panel Shipments to Viper Networks for Commercial and Residential DeploymentPress Release | 09/22/2022
Viper Networks and Gr8 Seas Holdings with EarthWind Technologies and General Turbo Announce JV and Future U.S. Manufacturing AgreementPress Release | 08/31/2022
Viper Networks in Licensing Talks with Multiple Parties Regarding ‘CyberGrab’ Technology AppPress Release | 06/17/2022
Viper Networks has started its Bitcoin/Ethereum mining operation & the development of new technologies to increase energy efficiency and profitability of miningPress Release | 01/10/2022
Viper Networks is committed to bring in substantial RevenuePress Release | 10/22/2021
Viper Networks Clarifies Rumors of Reverse SplitPress Release | 10/21/2021
Viper Networks Reduces Debt by $12.7 Million with Preferred Stock Debt ConversionPress Release | 09/21/2021
Viper Networks Reached Definitive Agreement with 21 Suburban Cities in Greater Chicago to Launch Smart City Projects in 2021Press Release | 08/13/2021
Viper Networks and Local Partner Interconnected with Airtel, Hutch and SLT to Launch 100 Million Phase 1 Smart City Project in Sri LankaPress Release | 05/18/2021
Viper Networks Reduces Debt by $38.5 Million and Reduces Total Outstanding Shares by 7.8%Press Release | 05/12/2021
Viper Networks Signs $150 Million JV Agreement with BIET Group to Launch Renewable Energy Power Generation Projects Using an Innovative Hybrid PV-Thermal TechnologyPress Release | 04/14/2021
Viper Networks Announces Engagement with International M&A Business ConsultantPress Release | 04/06/2021
Viper Networks Receives Current Status on OTC MarketsPress Release | 03/31/2021
Viper Networks and GSI with Apollo Smart Lights Sign Memorandum of Understanding with 21 Suburban Cities in Greater ChicagoPress Release | 05/16/2018
Viper Networks Engages ChainBytes for Weather Capture Development on Smart LED PolesPress Release | 04/03/2018
Viper Networks and Apollo Announce First African Project DeploymentPress Release | 03/27/2018
What an amazing company.
Goo VPER
VPER is NOT working on big projects overseas. They announced a pilot project that was supposed to be done in September. They have said nothing since.
Grants have been made to cities. Palos Hills was going to spend around $100,000 with VPER, but VPER can't get a single pole functional, so the cities are going to be forced to go with a real company.
What an amazing company.
Goo VPER
They have no functional "smart poles".
May 23, 2018: "Viper Networks and GSI product to be installed in IL and MI."
Aug. 13, 2021: "The project is commencing in the cities of Palos Hills and Justice, gradually adding infrastructure with a target rollout of approximately 2,000 smart poles by the second half of 2022."
Oct. 22, 2021: "Viper Networks is committed to bring in substantial Revenue"
Dec. 01, 2022: "The first phase is targeting installation of smart poles by early 2023, with approximately 2,000 total smart poles to be completed by 2025."
Mayoral candidate in Palos Hills publicly calls GSI into question.
Major mistakes on their last 2 quarters' financials.
Over FIVE YEARS WITH ZERO POLES INSTALLED.
No one has ever seen their finished "smart pole" product.
Subsidiary producing ZERO revenue.
Red flags on the website of one of their main "products".
$55 in cash.
Nothing coming together for VPER shareholders.
What an amazing company.
Goo VPER
Explain what VPER is doing that nobody else is doing.
VPER is ATTEMPTING to resell what others have already done. They bring nothing new to the table. They have never shown a finished "smart pole" product.
Their idiotic "UC" platform is just a rebadged existing product. Either Zoom or goto or something else. They didn't design it, the don't have the ability to host it, and they don't have the expertise to run it. AND nobody is actually buying it from them.
What an amazing company.
Goo VPER
Yep. They have to say something to try and keep the stock price from tanking. Especially since they have NO RESULTS.
What an amazing company.
Goo VPER
Have you talked to the lady who spoke at the city council meeting?
"approached Council and expressed her concerns surrounding the credibility of the company that presented for the broadband project, the concept of Smart Cities, and 5G networking."
This same person ran for mayor in the last election. She didn't win, but didn't do too poorly. I'd definitely be interested in her thoughts on the current situation. She was on the school board. She may still be. I think she might give you a few thoughts and some information on the matter. Maybe not a ton, but worth a shot.
What an amazing company.
Goo VPER
Financials are full of mistakes or just fraudulent. Par for the course for VPER.
What an amazing company.
Goo VPER
Ya think?
What an amazing company.
Goo VPER