Viratech Corp. (VIRA)

[florida135]

Florida,

Here is a Q and A for those who ask. It was advised to us that we do
not issue a PR about this situation.


Q: Why did you cancel the RS?

A: We had submitted the paperwork weeks ago to the state of
California. California is much slower than Nevada when it comes to
issuing such changes. They were backed up. After weeks of waiting
they returned the paperwork stating that some small changes needed to
be made and then the documents resubmitted. After weeks of our
shareholders waiting, we decided to put off the RS. There was simply
too much frustration to play the waiting game again.


Q: Do you plan to do the RS in the future?

A: We have put it off but do reserve the right to RS in the future.
We have no plans for the immediate future.

Q: When will the MUME (formerly MLMD) shares appear in my account?

A: As stated in a past PR, a prospectus will be sent to you through
the mail with instructions. This will take several weeks.

Q: Will my MUME shares be restricted?

A: No, they will be free trading.

Q: Why was there so much buying on Monday prior to Tuesday's PR. Is
this insider trading?

A: I hold 1.6 million shares in IPRE stock that I received when I took
on my position with the company. I have never purchased IPRE nor have
I sold my shares. The reason is not that I don't believe in the
company, but because I never want to be accused of insider trading.
My family and to my knowledge, my close friends do not, nor have they
ever owned IPRE. I do this to protect myself. My shares are held in
a safety deposit box for the future. Ken only owns preferred shares,
no common shares.

Since I am president of the company and I want to create fantastic
projects for the future and build my name in the industry, I already
have more than enough reasons to make this company a huge success. I
don't need additional motivations.

If you would like more information on Ken and my positions, we did a
long interview with sub-penny radio that is still available on our
website at the bottom of this page:

http://www.allthatineed.net/impinvestment.html


Q: OK, so if it wasn't insider trading, why do you think there was
huge volume and increase in stock price on Monday?

A: Obviously I don't control the market or nor am I all seeing, but my
guess is that several investors found out about my meeting with the
UFC president on Friday and people were speculating about a deal for
"Never Submit". Market Makers (MM's) were shorting the stock like
crazy, and got caught in a short squeeze. When the news went out on
Tuesday about the RS being put off, this created an even tighter
squeeze for them. Then they had to start covering their position.
This increases both the volume and price.


Q: OK, so you met with the UFC president on Friday, is there a deal
with the UFC for "Never Submit"?

A: As stated in the past, we will only put out PR of a deal with a
company if and when the terms of an agreement are worked out and a
deal is agreed upon. Also, both parties would have to agree to the
wording of a PR. I should mention that sometimes this process takes
time, so anytime IPRE comes to an agreement, sometimes it takes some
time before the investors are able to hear about it. Just because I
meet with someone does not mean there is a deal.

Q: What is the UFC?

A: Ultimate Fighting Championship (ufc.com).

Q: Why have there been no updates for casting for filming for "Never
Submit" recently?

A: Sometimes there are reasons beyond the company that impact the
timelines for us to release information.

Q: "Is Say It In Russian" (SIIR) almost done editing?

A: Yes, editing should be completed in under a month's time. We will
put out a PR about this in the future when it's appropriate.

Q: What is the first film festival that you will aim to hit for SIIR?

A: Deauville Festival of American Cinema, September1st-September10th.

Q: When will you announce casting for Never Submit? Will they be
filming at live MMA events for the movie?

A: This will be answered in a future PR. Again, this is dependant on
external forces beyond our sole control.

Q: Are you confident about the future of this company?

A: Yes, more so than ever.

Q: Why did the stock shoot up on Tuesday?

A: The stock went up when we announced that we were putting off of the
RS. This was on top of the buying pressure causing shorters to cover
their position. This increase continued till Wednesday afternoon.


Q: What caused the sudden drop in stock price Wednesday afternoon?

A: The Market Makers (MM's) issued an order to several online
brokerages with the following statement: "Effective immediately, stop
all online trading for IPRE." This stopped several people from being
able to buy the stock, and the market crashed.

Q: Why cant investors place online orders through several brokers?
Did IPRE do something to halt sales from the brokers end? Was there
MM manipulation involved?

A: The Company had NOTHING to do with this. It was a request from an
MM. We suspect UBSS who is short heavily on the stock. Unfortunately
it is perfectly legal for MM's to manipulate the stock. They can get
away with a lot of things that regular investors can't do in order to
make the market. It is my speculations that the MM's were down a lot
of money; possibly millions from shorting the stock and us putting off
the RS caught them off guard. They were unable to cover their
position and thus put in the request to halt online buys. This had a
chilling effect on the stock with both volume and price.

Q: This is not right, I want to buy stock, what do I do?

A: I suggest that you call your online broker. It seems that brokers
will accept buy orders by phone and in most cases wave additional
fees.

Q: What can I do to help the stock in this situation?

A: If you are mad at this act of manipulation, and want to buy the
stock, I urge you to call your online broker and buy the stock. If
enough people buy more shares, the MM's will even be more short. If
that is the case it is possible that this could create an intense
short squeeze.

Q: Is there anything IPRE is doing to help us with this?

A: I have personally submitted a complaint about this manipulation.
Beyond that, there is not much the company can do. I am moving
forward with this company regardless.

Q: Any closing thoughts?

A: Thank you to all of our shareholders for standing by us. I feel
bad that the stock was just taking off and the price and volume were
hurt by this maneuver, but I remain unwavering in my determination for
this company. This ban cannot remain forever.

Also, I will be getting increasingly busy with pre production for
"Never Submit". I ask shareholders to respect my time at this time.
It will become more difficult for me to reply individually to all
investors. Thank you for your patience.

All the best,

James Hergott
President of IPRE