Viper Networks Inc (VPER)

[chainma1l]

Finally, somebody admits that VPER actually needs money to accomplish what they have been talking about for years. I'm amazed that they couldn't get someone to give them $8,000,000 for 10 billion shares without just having to sell on the open market. Although, they would have had to go with preferred, since nobody with half a brain is going to give that much money and have their shares reverse split into oblivion, so their only choice was the open market, and we can sell how well that's going. MAYBE $90,000 yesterday for the ~75,000,000 sold. That will fund a lot.
Only ~9,925,000,000 shares to go!

The expected use of net proceeds from this Offering represents our intentions based upon our current plans and business conditions, which could change in the future as our plans and business conditions evolve and change. The amounts and timing of our actual expenditures, specifically with respect to working capital, may vary significantly depending on numerous factors. The precise amounts that we will devote to each of the foregoing items, and the timing of expenditures, will vary depending on numerous factors. As a result, our management will retain broad discretion over the allocation of the net proceeds from this Offering.

Watch out for the numerous factors.
What an amazing company.
Goo VPER