Replies to post #10898 on Viper Networks Inc (VPER)

[redhotmustang]

Looks like 2 weeks from now will be my new entry point.

[longvper]

Per the news release, vper has signed a "term sheet" until the final contract is signed, Farid is under a confidentiality agreement This is perfectly normal. The term sheet basically writes down the agreement in a form that binds them to those terms while the full contracts are written. Nothing to worry about. Be patient. Lawyers like to bill a few extra hours.

Viper Networks, Inc. (Pink Sheets: VPER), is pleased to announce that the Company has signed a term sheet with three other joint venture partners, to create the first U.S.-based LED manufacturing and assembly facility, which will be located in Washington D.C.

[profitspls]

Good point, but WHY can't he say where it is? It's not like it's a US Government secret spy facility or black ops building

Could be any number of reasons, bottom line is they (the company) has decided that that info is not to be released yet...my guess is they want to have an actual PR with names and address's as per all of our request here, they cannot roll it all out if they have already given the info to a select few, who will post it on ihub??

thats my take on it anyhow...I hate the pps at this level and shorters dragging our A$$'s down, but I think the upside here is HUGE, and if we can "fight back" with at least the odd nibble at the ask it will keep the pps up...knowone here seems to be doing that, so it goes down...imo