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Re: balamidas post# 952727

Wednesday, 07/25/2012 10:17:43 PM

Wednesday, July 25, 2012 10:17:43 PM

Post# of 2341765
Balamidas good things coming in vper.
> I have taken what I could gather as the biggest concerns and am
> placing them here. Thank you for taking the time to look this over and
> help shed light on what you can.
>
> Question 1:
>
> When are the audited financials going to get updated/released?Why is it
> taking so long?This has investors worried.
>
It is taking longer than expect as we have to get accounting done in
Saudi Arabia and all international operations.

> Question 2:
>
> Do we fore see any large scale LED contracts in the near future, here in
> the US? And does VPER have plans on merging with a LED company?
>
Yes, we are working on the merger the best form is to go in joint
venture and split the business. We started the process and we started
paying our part of the business share for the 49% We should complete
all payments in 6 months.

> Question 3:
>
> What’s going on with the VOIP contracts overseas?Are they still active
> and bringing in revenue?
The calling card and telecom contracts ended, and at this time we are
focusing on the energy supply contracts and LED in the US.
>
> Question 4:What kind of revenue has VPER brought in recently and what
> are your plans for future projects to help grow income?
>
Viper did about $2 mill in the last contract, we are working on much
larger projects. If you look at the legal filing we did with the stat
of CT it shows projections of $40 mill by end of year 2013.

> Question 5:When is the next news release expected?
>
We are getting very active in the LED manufacturing facility build out
and product design. You will see news shortly.

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