VIPR Industries Inc (fka VIPR)

[Polaris1]

No one has proof how many shares VIPR has sold to date. However, the company IS selling shares per the SEC filing in April. We don't know the exact number because they refuse to update the share structure on their webpage.

That said, they stated in their filing the intention raising $1,000,000. To date, they have filed no further Form D's. This means they have NO accredited investors contributing to that $1,000,000. In other words, ALL funds raised (to date) have been sold onto the open market (dilution).

At our CURRENT LEVELS, the company will need to sell WELL over 1 billion shares to accomplish their goal. Based upon what we saw LAST year, I believe they are attempting to raise between $75,000 and $100,000 each month. Thus, IMHO, at least 125,000,000 shares of our monthly "sell" volume can be attributed to VIPR.

Without a share structure I cannot prove this. However, I'd encourage you all to look back at how last year's 504 played out. History tends to repeat itself...