Financials are "updated" in that the sections containing numbers are no longer blue blocks. The numbers provided, however are incorrect--directly contradicted BY VPER.
They increased their AS to 20 BILLION in the state where they are registered. Filed with the SEC to sell 13 BILLION shares at .0002. Both of those contradict the AS in the "updated financials".
For at least the second quarter in a row, their financials state they have no outstanding warrants. Then on the next page, they state there is a warrant.
The "subsequent event" listed under "subsequent events" should not be included as January 24, 2023 is NOT subsequent to Q2.
There are more issues, but those three are enough to keep them at Pink Limited Information.
What an amazing company.
Goo VPER

According to their numbers, "revenue" was -$3,437. Loss was $18,699.
The state where VPER is incorporated shows their as at 20 BILLION shares. VPER filed with the SEC to sell 13 BILLION shares. The AS on their financials is wrong. OS, who knows, but they stated they were going to (attempt to) sell 13 BILLION shares at .0002. This release of financials is full of problems. They should have to fix the problems and resubmit them to get back to Pink Current.
So many "partnerships" with VPER, shareholders never know if their new releases mean money coming into VPER or a partner. Over the last few years it's been no money coming into partners or VPER. Annual revenue for EcoTech was supposed to be $1.5 million. They aren't even hitting $100k per quarter. And if that portion of the financials is accurate, EcoTech is now losing money.
What an amazing company.
Goo VPER

It's amazing how many of these news releases have been predicted and never happened. And the last one was even a game changer and the share price did nothing.
What an amazing company.
Goo VPER

Village of Justice is probably getting very nervous about signing on the dotted line with a company that can't produce. People don't get reelected when they waste taxpayer money. Palos Hills officials are in the same boat. One pole has been underway for a minimum of months, but probably the better part of a year. Palos Hills and the Village of Justice should have asked to see a finished, functional, working product before signing anything.
What an amazing company.
Goo VPER

No company with 19+ BILLION shares outstanding with no revenue and $72+ million in debt has ever hit $.04.
I don't think the memiest memers could meme that.
What an amazing company.
Goo VPER

Now it's 2024. I thought Q2 was the game changer? Q3 with Saudi Arabia is obviously out the window. Now it's 2024!
What an amazing company.
Goo VPER

$0 (that's ZERO DOLLARS) in Q2 revenue. "Nonconsolidated subsidiary" generated NEGATIVE $3,437 in Q2!
VPER still showing as Pink Limited. Is that because of their AS discrepancy? The "subsequent event" that wasn't actually "subsequent"? Is it the warrant contradiction?
What an amazing company.
Goo VPER

Interesting. Great find. Thank you for posting it!

I am. Been in for a few months.
Legit question, not FUD. Share count. It's right on the edge of being too high. I would think they are going to want to uplist. Do they reverse split? Buy back? Go private?
I think the company is easily worth $50 million, so patience likely gets them to the magic $1 mark, but I think NASDAQ needs them at at least $3 to list them. Reverse split is the fastest and cheapest way to get to $3+. Buy back would be better for shareholders, but costs money. Going private right now is probably another relatively inexpensive option and if Yahoo is correct, around 62% of the company is owned by insiders and institutions, so that wouldn't take much work.
Or does does the board just say "whoa. We have way bigger fish to fry and the stock is going to do whatever it's going to do."
Hopefully Bennett can keep the current trajectory. I think current fair value is ~$1.

Reposted financials are littered with mistakes. SEC should have a talk with Farid Shouekani.
"Nonconsolidated subsidiary" generated NEGATIVE $3,437 in Q2!
What an amazing company.
Goo VPER

"New" financials out, but they are still wrong.
AS count is wrong. The state where they are registered shows 20 BILLION AS.
January 24, 2023 is NOT a subsequent date.
ZERO DOLLARS IN REVENUE and "subsidiary" is still dropping!
Does this mean they sold ZERO of the 13 BILLION shares they wanted to?
What an amazing company.
Goo VPER

It was intentional. They tried to pull a fast one and got burned. It's not like their financials are at all complicated. They cut and paste just about everything every quarter. What do they not want people to see? $500 revenue? That they didn't sell their 13 BILLION shares? Subsidiary not generating money?
What an amazing company.
Goo VPER

Not only is it not a game changer, it is not a subsequent event. Whoever prepares their financials is an idiot and signing off on them is a mistake.
Those amazing financials got them to PINK LIMITED INFORMATION.
What an amazing company.
Goo VPER

No. There is no "Apollo technology". Anything that would happen regarding this is a cellular provider would mount their stuff on a pole. VPER Could potentially provide that pole, but they won't. VPER has not installed a single pole in over FIVE YEARS.
VPER filed financials with the vast majority of the relevant numbers "blacked" out (actually, blue blocks!). Why? Why haven't the supporters addressed that shady ploy?
What an amazing company.
Goo VPER

Nobody is going to mention the lack of financials even though they were filed?
I think that's odd.
Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks! Blue blocks!
What an amazing company.
Goo VPER

None of it will ever happen. Actually, the share price could jump withe the right amount if reverse split. Five years and NOT A SINGLE POLE INSTALLED. How could anybody have any positive outlook on VPER? Even it's most ardent supporter dropped his/her position by ~40%.
Hopefully you'll have some gains elsewhere that you can offset with the VPER loss.
What an amazing company.
Goo VPER

Stinky pinky or screwy bluey? What is with the blue blocks?
What an amazing company.
Goo VPER

"Smart cities" technology--similar to what VPER is allegedly selling has been around for 20 years. I really have to wonder what Palos Hills and the Village of Justice were thinking. I also won't be surprised if the Village of Justice discontinues their relationship with VPER based on the fact that VPER can't install a single pole in Palos Hills.
Points for the blue blocks, though. First time I have seen that. That may be them signalling something. If enyone ever brings it up to OTC, they may be put on double secret probation.
What an amazing company.
Goo VPER

Blue blocks = TO DA MOOON!
Blue blocks! Isn't that what Apple does?
Blue blocks!
What an amazing company.
Goo VPER

Wouldn't $120,000,000/yr in revenue be enough?

"The net loss for the six months ended June 30, 2023, was approximately $18.7 thousand, and the Company has approximately $72.2 million of accumulated deficit and $215,649 of working capital deficit as of June 30, 2023. The Company does not have a source of revenue
sufficient to cover its operation costs giving substantial doubt for it to continue as a going concern. The Company will be dependent
upon the raising of additional capital through selling of common stock in order to implement its business plan, or merge with another
operating company. Management is currently evaluating several investment opportunities which are at various stages of due diligence.
Given the complex nature of such investigations and negotiations, management cannot predict when any future investments will be
consummated. There can be no assurance that the Company will be successful in these efforts in order to continue as a going concern."
What an amazing company.
Goo VPER

"Preferred B stock was 1 to 200 voting, but subsequently changed to 1 to 600 voting."

"Each share of Series B Preferred Stock is convertible into 200 shares of common stock and each share of Series B Preferred Stock
is entitled to 200 votes per share."

"There are no outstanding options or warrants as of June 30, 2023.
"The Company’s has an outstanding and exercisable warrant as of June 30, 2023, that allows the warrant holder to purchase 333,333,334
shares of common stock at a per share price of $0.00075, which represents an approximate fair value of $250,000. The expiration date
to exercise the warrant is September 14, 2023."
What an amazing company.
Goo VPER

The answer to everything is blue. How much revenue? Blue!
What an amazing company.
Goo VPER

The EcoTech numbers have been steadily dropping since they have been reporting them. They claimed EcoTech was bringing in $1.5 million per year, so something is obviously way off with that.
Profit of $10k? I'll have to go back and reread the release, but I don't think that's correct. And they certainly aren't paying 8 executives on $100k. And this was before the massive dilution. Anyone thinking VPER is going anywhere, I'd wait until after the reverse split to buy. I follow plenty of profitable companies with share counts under 50 million shares (most are MUCH lower) and their share prices are below $10. A share price in the pennies is just not justified for VPER and there isn't going to be any REAL price until their share structure is realistic. $70+ million in debt and $770 in cash with no substantial revenue on the horizon. They have shown no finished product and can't even install one pole. They can't afford the infrastructure it would take to actually run Cybergrab. Why would anyone waste their money?
What an amazing company.
Goo VPER

Tell everyone about a successful deal VPER has done.
What an amazing company.
Goo VPER

Please explain the relationships between VPER and the following companies: Apollo Smart Lights, Apollo Metro Solutions, Apollo International, Global Sustainable Initiatives, House of Invention. How is revenue split with these partners? Why has their purchase of Global Services International never borne any fruit? The purchase has never shown up on VPER's financials despite them supposedly owning 100% of that company. Why does their 12.5% ownership stake in Apollo Metro Solutions not show up on their financials?
Cybergrab is not licensed to do business anywhere.
21 cities has been "underway" for YEARS and there are ZERO poles installed.
Saudi Arabia is in the middle east.
No installations of anything in the US. No installations of anything in Saudi Arabia. Supposed "point of concept" projects in Africa years ago that produced no revenue.
Shareholders were diluted by over 200%. $500 revenue last quarter. Apparently no finished products and obviously no ability to install anything. Why would the stock go up? How could it?
What an amazing company.
Goo VPER

Since nobody has ever seen a finished product from VPER, except maybe that idiotic IP phone, I have to go with "it just doesn't exist". This is probably going to wipe out the Village of Justice deal. They bought in to the ideas that VPER was peddling, but now they are finding out that they have no expertise and no products.
Thank you for sharing your updates!
What an amazing company.
Goo VPER

You seem very knowledgeable about the company. Would you please explain the relationship between VPER and "Apollo"? I assume you're referring to Apollo International, so please explain that relationship and how revenue brought in by Apollo affects VPER's financials. Additionally, while you're at it, please explain the same for Apollo Smart Lights, and Apollo Metro Solutions as well as Global Sustainable Initiatives, House of Invention, and whatever "House of Electric" is.
Please also explain how a .01 pps is justified by a company that just diluted shareholders by over 200% and who brought in $500 dollars in revenue in Q2.
I look forward to your knowledgeable and insightful response!
What an amazing company.
Goo VPER

Seems odd to hope for a reverse split, but people are all unique. At least the price will be way higher.
What an amazing company.
Goo VPER

I find it interesting that there hasn't been any additional information provided on Global Sustainable Initiatives.
VPER supposedly acquired Global Services International a few years back. The URL for Global Services International's website was gsi-networks.com. Shortly thereafter, Global Sustainable Initiatives was using the url gsi-networks.com, the same physical address as Global Services International, and the same phone number. Seems very odd to me.
Global Services International supposedly had millions in contracts in Illinois. Nothing has been said about Global Services International for quite some time. gsi-networks.com now redirects to VPER's website.
Global Sustainable Initiatives' website is a single page. Based on what it says, it seems like VPER would be in competition with this company, but maybe they are spreading risk, which makes sense. Of course, $500 in revenue isn't much to put at risk.
What is the relationship between Global Sustainable Initiatives and VPER? Specifics. "Partners" is not adequate. Do they split revenue? Do they split expenses? What happened to Global Services International and all of the contracts they supposedly had?
What is the relationship between Apollo International and VPER? The latest PR states that Apollo International is "the Company’s international operations arm". Is that through Apollo Metro Solutions or Apollo Smart Lights? Why is Apollo International never mentioned in their financials? What is the current relationship between VPER and Apollo Metro Solutions and Apollo Smart Lights? VPER claims to have purchased 12.5% of Apollo Metro Solutions years ago with the option to purchase up to 49% of the company. Why would their ownership of whatever percentage of Apollo Metro Solutions not be listed in their assets?
What an amazing company.
Goo VPER

Post some supporting evidence other than a vague PR. "Wait it out and see" is probably not the best strategy for someone who bought at much higher prices than .0001.
What an amazing company.
Goo VPER

Nothing of substance in the PR. Just like every PR they have put out in the past several years. Absolutely nothing in the PR.
House of Invention's website is ridiculous. Old products on there. Why?
$500 in revenue. 19+ BILLION OS. They just diluted shareholders by over 200%. ZERO poles installed.
What an amazing company.
Goo VPER

.06% of outstanding shares traded since the biggest new if all time? BFD. And that's being conservative using 19 BILLION OS, when the actual number is probably closer to 20 BILLION.
VPER has not produced on any of their PRs. Maybe they will on this one, but based on their track record, it's unlikely.
I think they know their earnings are going to be horrific (again) , so they put out this PR trying to keep people interested.
We're they able to sell their 13 BILLION shares or are they going to end up having to dump them on the open market for .0001?
What an amazing company.
Goo VPER

"Bashers" got it right. Another meaningless fluff PR and you're calling someone else a broken record?
Acknowledge and accept what? That it's another meaningless PR about some project that will never be heard about again? Probably a great deal for Apollo International and House of Invention. VPER shareholders will see nothing come of it. Wow, the House of Invention website is something.
What an amazing company.
Goo VPER

They haven't played this tune in a while.
What an amazing company.
Goo VPER

TROY, Mich., July 7, 2015 (GLOBE NEWSWIRE) -- Viper Networks, Inc. (Pink Sheets:VPER), issues a letter to the shareholders.

Dear Shareholders of Viper Networks:

On behalf of Viper Networks' management team, the Board of Directors, employees and all members of the new Apollo International team; I am happy to provide the following updates and a progress report on the Company's global efforts to establish our Intelligent LED Lighting products and technology in partnership with Apollo Metro Solutions, Inc.

In recently announced news, we are very pleased to reiterate that the Company has received LED product certification and approval for the Eastern Province municipalities in the Kingdom of Saudi Arabia. This is a big deal since Saudi Arabia has the largest market in the Middle East for LED street light installation needs and projected growth, which is estimated to reach $25 Billion U.S. Dollars in the decade ahead.

As we begin the second half of 2015, most of the major developments awaiting the Company's revenue rich future can be highlighted by noting one key aspect... certification!

This is the area where many of our resources are being mobilized and represent our latest corporate expansion. I am delighted to announce the creation of 'Apollo International' with several executive management individuals from both Viper Networks and Apollo Metro Solutions in charge of a 25 member team operating out of offices in Lebanon, UAE (United Arab Emirates) and South Africa.

In February you may remember that Viper Networks Received an LOI and Term Sheet from Export-Import Bank of the United States for $17.7 Million to Fund LED Lighting Project in Lebanon. However, before this financing help for Lebanon can be realized, the team from Apollo International is working to conclude LED lighting product certification for the country first. Lebanon is rebuilding their infrastructure, which is projected to include approximately $1 billion for lighting vast amounts of the country's streets and highways.

Although the team at Apollo International is working on LED certification in multiple countries throughout Africa, LED light product certification priority efforts are in full swing for the oil-rich countries of Bahrain, Kuwait, Iraq, Qatar and UAE.

Part of the certification process is for the Intelligent LED Lighting technology and Wireless Street Light Control for LED Street Lights and other Smart Streetlights technology.

Thank you and best regards to all VPER shareholders, who should anticipate further PR updates shortly.

Sincerely,

Viper Networks, Inc.

Farid Shouekani, President/CEO

Chugging along. Banks have been kind of all over the place. At least the ones I follow. Book value is up there and the "responsibility" may be to put up a for sale sign, but I'm not sure that the regulators are going to allow a ton of acquisitions currently, given the failures earlier in the year. Anyone other than me still holding CIBH?
https://www.cibmarine.com/documents/PressRelease_2QFinancials_071823.pdf

Over five years and not a single pole installed. No way they are averaging 88 per month.
What an amazing company.
Goo VPER

VPER Q2 financials could have been out since July 1. They won't release them until sometime in August.
$500 in revenue last quarter. VPER is a joke. I'll bet Global Sustainable Initiatives has a lot of revenue, but since they are a private company, nobody will ever know. Much like nobody will ever know what the relationship is between VPER and Global Sustainable Initiatives. The whole thing appears to be a shell game.
This board was rife with supporters a few years back. Interesting that all of them believed in the company so much and then just disappeared.
What an amazing company.
Goo VPER

What kind of funding?
What type of transportation license?
Why has it been over 5 years and they still haven't installed a single pole?
What is the relationship between VPER and Global Sustainable Initiatives?
What is the relationship between Global Sustainable Initiatives and Global Services International?
What an amazing company.
Goo VPER

In what way is volume being punished?
What an amazing company.
Goo VPER

It was probably a cross trade. Someone taking a large position. That has been happening regularly. You know, those cross trades that so frequently occur with trip stocks?
What an amazing company.
Goo VPER