HK eBus Corp. (fka HKEB)

[hedge_fun]

VPRS What the DELAY means......

I spoke with someone about an hour ago that helped put this in perspective that is also CLOSE to the ins-and-out of Viper's current dealings......and it wasn't Vincent Wang.

First of all, nothing BAD is happening or VPRS would have to file a form 8K to explain.

This DELAY is about the SEC requirement called XBRL formatting. Here is an excerpt from a blog I found online........please do your own DD on this;

As most of you are probably aware, eXtensible Business Reporting Language (XBRL) is an interactive data reporting standard for financial statement disclosure that will be required by the SEC for all public companies using U.S. GAAP. For Smaller Reporting Companies the financial statements will have to be submitted in XBRL beginning with the company’s first fiscal period ending after June 15, 2011.

http://www.thelebrechtgroup.com/index.php/blog/35-blog/236-the-time-for-xbrl-compliance-is-now

I have seen some other company filings that say "interactive" beside the most recent filings. I think this is what XBRL means. VPRS must file in this new format, plus they just hired the new auditor, that's why there's a delay.

I also want to STRESS this point..........I want VPRS to tell us WTFreak is up MORE THAN YOU KNOW........

but remember, any BAD NEWS would require an 8K. I think there is NO need to be alarmed, though our patience is being tested FOR SURE!

disclaimer: I own shares of VPRS, and have since May.

gl