Viratech Corp. (VIRA)

[moneybound24]

Jun 19, 2006 (M2 PRESSWIRE via COMTEX) -- Imperia Entertainment, Inc


"Shares of Imperia Entertainment, are continue to trade down as investors and
insiders sell off shares with hope of finding better opportunities out there.
Currently trading down to $0.0009, this company is lower then ever and looks
like it could be a great entry point. According to this recent letter, which was
released to shareholders, things do look like they could turn around in the long
term. Volume has increased significantly over the last few days and it will be
interesting to see how investors react to this letter. The BWR Research Team
will continue to follow the market sentiment on this company and numerous
others."


Jun 19, 2006 (M2 PRESSWIRE via COMTEX) -- Imperia Entertainment, Inc
(OTCPK:IPRE), is a company that our research team will be tracking over the
ensuing weeks. They recently came out with a significant corporate development,
causing a market stir. The BWR Research Team will continue to bring its
subscribers cutting edge research tools, and second to none customer service.

Imperia Entertainment, Inc, company which has emerged as a player in the area of
independent film production and distribution, once monopolized by the major film
studios, on Friday released a letter from their President to their shareholders.

I believe this is my sixth letter to you. I realize that because of the low
stock price, morale is low. I understand that it is frustrating for investors to
see their stock price dwindle. And I appreciate those who have stuck with us
through these hard times.

The price has only been lower once in the company history. At that time, people
were very frustrated. I told shareholders that we were selling shares to pay for
going over budget on our feature film "Say It in Russian", and I told them how
long it would continue for (2-3 weeks).

Even though I explained this, many did not believe me. Then, when the selling
was complete (2-3 weeks later), we announced the selling had concluded. The
stock price skyrocketed up 2000% within a week or two. I remember the day before
that release went out. Investors wrote me derogatory letters. They were
pessimistic. What a difference a couple of days made. People who had swore to me
they would never touch the stock again, were suddenly buying. People who had
hurled accusations at me two days earlier were suddenly calling me the best
president on the pink sheets. It seems people's opinions about the company and
management are directly linked to if they are making or losing money on the
stock.

It always amazes me how even though the experts say that the smart thing to do
with stock is to buy low when no one wants the stock and sell high when everyone
wants it, very few shareholders actually do this. The instinct inside us is to
not touch something that no one else wants, and to buy something when there is
great demand. These natural instincts are very difficult to overcome. The result
is that when a stock price drops very low, investors see it as a situation of
impending doom.

Obviously I can never predict the market price of our stock. I do think at this
time that the company's value is underestimated and that the stock price is
greatly undervalued. The fact is that nothing has changed with the company
through all of these wild price swings other than the announcing of the upcoming
reverse split. Our projects are still moving forward. You would not believe that
by what most say on the message boards or in emails to me. If you read those,
you would think the company is three days away from folding.

Even though the stock price is very low, the company could not be stronger. Lets
look at what is not going to happen in the next year, and then look at what will
happen. I hope this will dispel all of the doom and gloom theories. I will also
include some new updates for shareholders.

We had a great reaction by distributors and sales representatives in Cannes to
the trailer and have been approached by several top studios that are interested
in seeing the finished product. We are only ten weeks away from having a
finished movie to take to film festivals and to market to buyers.

And don't forget our other deals including the upcoming movie "Brothers," our
last movie, which was theatrically released, "All That I Need" and our upcoming
mobile phone deal for "All That I Need" and our television series.

Never before in Imperia's history have we had so many irons in the fire and yet
have we been so undervalued by the market at the same time. Never before have we
had such a bright future ahead.

As you can see, our company has been greatly underestimated. While others have
been spending their time predicting our doom, we have been spending our time
building a bigger and stronger company. I look forward to a very prosperous year
and future for this company.

Shares of Imperia Entertainment, are continue to trade down as investors and
insiders sell off shares with hope of finding better opportunities out there.
Currently trading down to $0.0009, this company is lower then ever and looks
like it could be a great entry point. According to this recent letter, which was
released to shareholders, things do look like they could turn around in the long
term. Volume has increased significantly over the last few days and it will be
interesting to see how investors react to this letter. The BWR Research Team
will continue to follow the market sentiment on this company and numerous
others.

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