Viper Networks Inc (VPER)

[longvper]

I read the following statement "...Company will be working directly with one of their acquisition candidates (which is LEDs America, Inc.),..." to mean vper is acquiring LEDS America. This comes in the press release shown below regarding the DC project. Further, I interpreted LEDS America's delay regarding the other project was due to the private financing, assuming it is Viper, that this is now completed and therefore they are proceeding with construction. I could be wrong, but that is the way I have interpreted the current information.

Additionally, the two main partners in this JV are Viper Networks and LEDs America, which collectively have majority ownership of this LED manufacturing project. However, since the Company will be working directly with one of their acquisition candidates (which is LEDs America, Inc.), Viper Networks will incorporate the anticipated manufacturing build-out and forthcoming initial production run into the Company's due diligence process by verifying LEDs America's ability to mass produce various product designs and patents.

http://ih.advfn.com/p.php?pid=nmona&article=52526122