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Sirpeter

07/18/12 1:41 PM

#15270 RE: longvper #15269

I love joking around on this board but seriously, I don't see much happening until late this yr or early next. I still want't to know where all the money is coming from to pay for all the ventures that we're seeing. I mean can VPER management even keep a straight face when posting their P/R's? They aren't even being paid.

grego68

07/18/12 1:58 PM

#15273 RE: longvper #15269

What we do know is is VPER is spending or at least signing letters of intent to spend large sums of money, without a peep as to where it's coming from.

The PR about the newest LOI stickied talks about more build outs and expenditures, new products, and an awful lot more money to be spent that VPER can't have at their fingertips after buying all the companies and partial companies unless the companies being bought are worth very little.

Nothing has been said about if VPER made the $500k half payment for the energy company yet, and they already wired a down payment for the newest LOI. Maybe this newest LOI company is one of the original merger candidates, I don't know.

So as we know now, VPER still owes at least $500k for the energy company, whatever the cash portion of for the (at least) 2 merger candidates comes to, about 88% of the newest acquisition purchase price ( since they said the wired amount was a little over 12% of the cost), they have the cost of the build out in DC ( supposedly a government grant check is forthcoming)although I do believe some private financing may be in place from one of the JV partners, and now they are talking about more build outs in the latest PR.

There is an awful of money being promised by VPER, and I just can't see where they have the funds to do everything they are promising. If they manage to pull it off, they are going to be heavy in debt which isn't going to help this take off.

All companies operate with debt, but heavy butt deep debt is very hard to overcome,not to mention the dilution of stock that will come when they start paying the stock portions of everything they are buying with cash and stock.