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It has a chance if they don't release another PR
The market responds to VPER's latest PR
looks like we're going to a dime
I think you missed the point I was trying to make. You had asked why he was even in here, well if you go back to post #6017, he refers to this stock as an ATM machine.
Would you ever leave?
post# 6017
"Thanks for the advice. I know exactly what to do with this companies shares. It's an ATM machine if you do it right. "
That does seem to be the pattern
of the 2.6 mil volume, 1.8 mil has been buys, trading pretty even, someone with an etrade account likes to hold this one down
big buys coming through
I think he meant that they are not backtracking.
I posted that earlier about the website. The good thing about this PR is that it did address a lot of the shareholder concerns and does show the positive direction that VPER is headed
Looks like its gonna open in the .004's, lets get back to those .005's
If he was so concerned about that, and not trying to just get in VPER at a lower position, why didn't he post the same message on the 5 other stocks involved?
People will do anything to get in before a run
Yeah, but I bet you're holding your shares.
Its a good update as to why they just updated their financials, Sagan, it looks like your patience is gonna finally pay off
They addressed everything in that press release including OTC status, merger and/or acquisition updates, corporate talks, new sector expansions, joint ventures, and they even addressed their website as being 'temporary'.
"Please note the Company's new logo at the top of their 'temporary' corporate site at www.vipernetworks.com."
updating their financials was a big step, now auditing financials for two years + releasing the merger news, they couldn't have a better approach for what they are about to do
From the press release today....
"management is actively engaged in corporate talks"
Merger news next
"Finally, as the Company continues to embark on any number of merger and/or acquisition possibilities in the future, management believes it only prudent to maintain audited yearly financials and up-to-date quarterly reports going forward."
VPER News just released
http://finance.yahoo.com/news/viper-networks-prioritizes-completion-2-114500887.html
VPER News just released
http://finance.yahoo.com/news/viper-networks-prioritizes-completion-2-114500887.html
NEWS OUT TODAY!
Viper Networks Prioritizes Completion of 2-Year Financials to Expedite Submission to Independent Auditors
7:45 am ET 05/01/2012 - GlobeNewswire
DETROIT, May 1, 2012 (GLOBE NEWSWIRE) -- Viper Networks, Inc. (Pink Sheets:VPER), is pleased to announce the appointment of Mr. David Alpert of Prestige Business Management, Inc. of Nevada, to supervise and complete the last two fiscal years of the Company's financials ended December 31, 2011.
Upon completion, Mr. Alpert and Viper Networks' attorney W. Scott Lawler of Arizona, will submit the financials, notes and S.1 and all other relevant documents to an independent auditor certified by the S.E.C., which will be the independent accounting firm (in Southern California) of Chang G. Park, CPA, Ph.D, PCAOB Auditors.
The Company is committed to making their filings publicly available pursuant to OTC Markets Group Guidelines for designation as OTC Pink 'Current' Information. As of today, the Company has an OTC Pink 'Limited' Info listing.
Since Viper Networks has made it a top priority to meet the higher Alternative Reporting Standard, the Company seeks to submit their 2-year audited financials for the 2010 and 2011 fiscal years, and unaudited financial information through the first quarter of 2012 (ended March 31st) as soon as possible, which may be as soon as 30 days.
Viper Networks is focused on gaining greater transparency and full disclosure to the OTC Market, and once again, to become a fully-reporting company that is current in their reporting obligations with the S.E.C. As the Company works toward meeting the highest eligibility requirements, this may include an eventual listing on one or both of the top OTC Market Tiers consisting of OTCQB and/or OTCQX, the premier tier of the U.S. over-the-counter market.
Finally, as the Company continues to embark on any number of merger and/or acquisition possibilities in the future, management believes it only prudent to maintain audited yearly financials and up-to-date quarterly reports going forward.
In other ongoing developments, the Company expects to release more updates shortly as management is actively engaged in corporate talks, new sector expansions, joint ventures and product growth initiatives as previously announced.
Please note the Company's new logo at the top of their 'temporary' corporate site at www.vipernetworks.com.
The Viper Networks, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12434
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development of new business opportunities, zero operational impact and projected costs, future operations, revenue, profits, gross margins and results of operations. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
CONTACT: Investor Relations: Heritage First Capital (Orlando) Scott Gibson, Direct # 407.444.5959
Source: Viper Networks, Inc.
The investigation has nothing to do with VPER being investigated in any way as a company.
http://www.sec.gov/news/press/2012/2012-80.htm
So a promo company that VPER used in the past is in trouble? Thats a good thing, that means they won't be dumping shares here now. Thanks for the DD
2. Unlawful Sales of Viper Networks Stock
58.
On approximately March 3, 2010, Protege entered into a wrap around agreement involving Viper Networks. The wrap around agreement allowed Protege to acquire purportedly unrestricted Viper Networks stock at a 50% discount to the prevailing market price. Immediately upon signing the wrap around agreement, Protege converted $20,000 of the Viper Networks debt into approximately 3.2 million shares of stock.
59.
Linton issued an opinion letter to Viper Networks' transfer agent concluding that the transaction qualified for an exemption from the registration requirements of the federal
12
securities laws and that Protege could immediately sell the stock. In reliance on the opinion
letter, the transfer agent issued the stock certificate to Protege without a restrictive legend. Viper Networks' transfer agent would not have issued the stock without a restrictive legend in the absence of such a letter.
60.
Scucci caused Protege to sell the stock into the market within approximately five months ofits issuance. Protege's proceeds from its sales ofViper Networks stock were approximately $27,111.
61.
Protege's sales of Viper Networks stock were not registered and not exempt from the registration requirement.
62.
Scucci and Protege's sales of Viper Networks stock violated Section 5 of the Securities Act.
63.
But for Linton's opinion, the transfer agent would not have transferred the stock without a restrictive legend. Thus, Linton was a substantial factor and necessary participant in the unregistered sales of Viper Networks' securities in violation of Section 5 ofthe Securities Act.
The sells today were shorters trying to hold it back. That low sell after hours should help pull the pps up tomorrow.
http://otcshortreport.com/vper
+5.9% Another nice GREEN close today!
This is gonna be a fun week for VPER
VPER, slight pullback, possible merger updates on the way
A green close would be a great start to the week
Those .004's are getting closer and closer.
.004's will be a great starting poing before the PR release
It's amazing how thin VPER is, its inching its way back up to .004's
They did just update their financials and fixed their OTC status. They wouldn't have done that if they didn't have anything else on the way.
A lot of buys coming through today
L2 is thin to .0041
L2 is thin to .0041
VPER looking good today. Great entry levels here
With the financial update last week and possible news coming this week, this should be a great week for VPER. GLTA