As the news goes, and you can find it on this page, VPER is in negotiations with 2 companies to merge with.
"As previously announced, the Company has been proactive in their pursuit of well positioned, profitable LED industry acquisition candidates and has earnestly continued merger talks with two U.S.-based firms since early 2012; one of which specifically provides compelling synergy to Viper Networks' emerging business within the LED lighting sector."
"Shortly after the conclusion of the Company's due diligence, Viper Networks will release a closing date projection (expected in mid-April) that they expect final negotiation terms and conditions to be consummated by."
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