Viper Networks Inc (PK) (VPER) News

I'll take positive news any day. Just put one foot in front of the other now.

Anyone still hoping that VPER is a real company will get SOMETHING at the end of March. I believe all Sri Lanka revenue was shown on the Q3 filing, so somewhere in the neighborhood of $50,000. That isn't much. But according to the update (on the template website they pay some guy in India to do,) this Sri Lanka project they were crowing about for so long is only a "pilot project". I'm sure there are multiple definitions of "pilot project", but VPER didn't use that term until weeks after the project was completed. Why?
Q4 financials could have some revenue from Sri Lanka, but they also are supposed to show two months' worth of revenue from the weird "acquisition" they did. They pay for stock with stock, then give back the stock and replace the CEO. Doesn't really seem like an acquisition, but as previously postulated, it may be a reverse merger. I think we see a name change, ticker change, and reverse split in 2025.
What an amazing company.
Goo VPER

Has anyone checked out the new Viper website? It is an improvement over the old one, but not by much. However, I did find this fascinating tidbit of information under the Updates section. As follows: "The company implemented 108 slim line poles equipped with state of the art LED lighting" in Columbo, Sri Lanka. Supposedly that was what was in the boxes pictured at the warehouse. Well, if nothing else it gives us all something to think about. After all, is this installation showing up on the financial report? Just how much do 108 slim line poles with LED lighting cost? What about follow-up orders? If this is a successful implementation, then do we have something to show prospective clients what we can do?

How many months after the fact they say it's a "pilot project"?
How many "pilot projects" have they done in Sri Lanka?

Viper Networks Provides Update on Colombo, Sri Lanka Pilot Project

What an amazing company.
Goo VPER

RDGL getting closer.....

My sincerest apologies, I just don't know why anyone would think this was or ever will be a real company.
The company is supposedly having its financials audited, but even that happens, it may be meaningless. There is a long wait until Q4 is filed, so there probably won't be any PRs until around then, so they can distract from the financials.
I learned years ago that doubling down on subpennies is a bad idea. There are some real subpenny companies out there, but even after this long, a lot are just pump and dumps.
It's possible VPER gets bumped and you get even or make money, but "real company" isn't something I would count on.
It'll be interesting to hear what the new name will be. They will probably change the ticker, too to get some of the stink off. That's if this merger even lasts.
Again, my apologies. Have a good holiday season and happy new year!
What an amazing company.
Goo VPER

Chain; Why would you even insult me like that... WTF?

Just a Pi$$ed off shareholder that got stuck in this debacle during the OTC rules changing, the Farid silencing era, & Covid.

The plan was to flip this thing and move on. I made, and pocketed 100k on the run up (was valued at 640k briefly @ 9mil shares), but then believed the B.S. they were spewing at the time, so I jumped back in. As it fell I kept doubling down (to the tune of over 26 mil currently). Here we are (3) years later and nothing ever came to fruition, until this Veritas deal, whatever it is? Happy Farid is out of the Captain's Chair, but unfortunately not sure where this is going.

Here in Syracuse, there is a ton of Fiber Optic cabling being put in by a company E-J Electric, which is to run our street lights etc..
I'm hoping this is what these guys are supposedly up to and more. I had an electronic issue a few year s back and went to a local repair shop. He stated no problem, all of this electronic stuff originated here in Syracuse through GE. My point is - we have many light poles w/ sensors in and around the area, and it seems we are the predecessors to many of these concepts that Viper is supposed to be about.

But NO, I am not Greenshark!

Hope you enjoy your Holiday - All the Best...!

Are you Greenshark?

What an amazing company.
Goo VPER

No way this gets the Eco treatment. This is now owned by the Veritas Limited/Hammer/1st Comms people; I don't care how they present it to us.

My assumption is that Farid is or at least was a bright guy, but didn't have a clue how to get this off the ground. He probably laid a lot of ground work for his "pipe dream", and now they are going to capitalize on it - "The American Dream" - stories been done and told for thousands of years. Once they pick his brain and get this up and running with revenue streams and PROFITS, he will be out out to pasture, only to see his wildest dream come true, while they rake in the cash.

Very surprised they haven't doled out any info by now though. It's so close to Holidays and Year's end, would have been nice to think and possibly know we had something "real" and good going on.

That being said, BUCKLE UP - they will have to eventually start announcing things in order to move the needle.

This is going TO DA MOOON!
Based on what I've read, this is a no-cost merger for VPER and several other entities that HMMR is spinning off. I don't know HMMR's motivation to spin them off and I don't know why they would choose VPER for what MAY amount to a reverse merger. VPER lists all of that accumulated deficit on their financials which seems bad, but could all go away in any number of ways. My guess is they would grant shares to those individuals if they wanted to remove that debt. Maybe they just continue to carry it on the books.
Provided this doesn't go the same way as EcoTech, and VPER unacquires 1st Point, Endstream, and all of 1st Point's subsidiaries, I think a reverse split is coming.
“Strong growth will continue to come from the messaging business due to our inherent competitive advantage in the marketplace, but we anticipate expanding our fixed wireless business as we continue to make investments in key markets such as Alabama and the Eastern Caribbean,” added Levitt.
Inherent competitive advantage being they are a CLEC in a few markets? Alabama and the Eastern Caribbean are key markets for fixed wireless? I'm guessing there must be some hurricane proof antennas they use in those key markets.
What an amazing company.
Goo VPER

(4) months now, and still no word on what, or where this is going...?

How can nothing be told about the new arrangement(s) of Veritas Limited, Hammer/1st communications taking over Viper Networks?

It's obvious that Farid was broke and needed money. He must have had some good stuff in the works for them to ante' up. They were smart to take the reins from him and not "cash" him up so this would continue to bleed out.

I realize that it takes a bit to get the structure set-up, but nothing at all in (4) months? Holidays are time for people to converse, and there is nothing to talk about?

No way this gets a good look from others, until there is substantial information and direction outlaid.

New names....same scam I'm sure.

Farid land is no more. Now it's Erik land! Sure, Farid is still involved, but now Erik and the Chief Admin Officer will take VPER to the promise land! After they change the name of the company, of course.
What an amazing company.
Goo VPER

It's always been dead money in Farid land.

Look at you mister optimistic lol

Unless it gets memed again--which it could--the only thing that I see happening is a reverse split. From my perspective, the reverse merger is a done deal, although that EcoTech situation was a done deal as well, and we know how that panned out.
I don't believe VPER has done anything substantial and I don't believe these new, additional companies have done anything substantial. I don't believe either will do anything substantial going forward.
They have some guy in India doing their website and the website is even weaker than it was. I can't believe they wouldn't insist on something more professional.
What an amazing company.
Goo VPER

Chain - It's better than what was going on. Not sure why they aren't letting out any substantial info though, it's been (3) months.

Just glad that there seems to be some activities finally, and the fact they put Farid in the backseat can only help.

My biggest fear is that this starts rolling at the end of year due to the tax consequences it would create for my situation. Best case scenario will be movement after the 1st of 2025.

Still think it gets reversed split or reverse merger coming.

It’s all good. No worries. Cheers to 2025 and the possibilities it may bring. All we can ask for is a fighting chance. … so I’m blessed.

I'll chalk this one up as a lesson learned trade. Not often these day's that I follow my heart instead of my head. There was a point however briefly that I saw a glimmer of hope. Disappointed more so for you than myself as my entry with my heart was really in support of you. Authenticity most often comes with a price and as I stated before I was willing to take a 50% loss to make a 50% gain. I'll most likely be taking that 50% loss before years end or maybe sooner if I see the .0002 bid start drying up. My best to you going forward and sorry this trade didn't work out the way we had envisioned.....or at least speaking for myself..... the way I had envisioned.....

If you want a good entry on a stock I can hook you up. I will just post I bought it and in a week your solid. 😂

I wish someone would smash those
T3’s just so I could see how it acts. Kinda like reconnaissance… lol.
On the chart this looks like the largest sell off since the T9 move. Someone just pouring them out.
Oh… I said publicly I own this stock…. That explains it. Lol

Revamped website was apparently a 4th grader's school project.
What an amazing company.
Goo VPER

You too buddy

Yep. I should have sold T3 like I told you. But my account is trashed anyways. Enjoy the holidays

Yeah this one will take some patience as there's no real catalyst that I know of on the horizon that will generate ask slapping interest. Bid support is important but it doesn't do anything to move the needle North. My "no worries" mind set is because I decided before I bought in I was willing to take a 50% loss in hopes of seeing a 50% gain. I've been trading some other tickers that will more than make up any loss I may incur here. As of now I'm still holding out for the 50% gain lol. More so rooting for you HoldEm777 than myself!

See that low volume take down? T3 bid just vanished ehh? We knew it was coming though :). I like the fact it’s acting how we thought it would

Agreed.

No worries HoldEm777. Win, lose, or draw lol. That being said all is not lost just yet. Though it does feel like there are bigger and better opportunities out there as we sit and watch the paint dry here lol.

Yeah. I’m definitely not one that would intentionally mislead anyone. That’s why I try not to ever seem to bullish on anything. Hasn’t always been the case. Once we hyped one and blew the market cap up 6-7x what it was just to have a company screw everyone then suck all that money out in literally a day. I felt personally responsible. I went after the company on social media like it would make a difference but it was a waste but I felt it was the right thing to do. That’s when my trading journey took a u-turn. All the friends I thought I once had in trading ghosted me. Some days I regret it. Some days I’m glad I did what I thought was right. But I definitely learned from it.
I still think this has potential. I have what change I have left riding in it still. That T2 bid is strong. T3 is fluctuating to entice sellers it seems as the T4 weight builds. Can’t put a finger on it but not watching very closely either. Hope all is well. $VPER

Never enter a trade “because of” someone. This is a failing mind-set. Holdem found an interesting morsel of data… and chose to share it. Be grateful… It is helpful for those paying attention.

Make decisions for yourself… based on data that you may have aggregated from sources outside of yourself.

You will live with the full consequences of the decisions you make. Good or bad.

No use trying to off-load your own accountability onto others. OTC is a big boy game… you are solely accountable for your decision making. This game is hard enough… even without others trying to blame you for decision’s they made.

T2-T3 was bottom for this ticker last time before the OTC bull run kicked in. History tends to repeat given enough time.

Not looking to hot. Hopefully it changes

Correct. My assumption is that the Sri Lanka project revenue was recognized in Q2 and Q3. But even if you say it was Q1-Q3, how big could that "major" order have been? A few hundred lights?
Regardless of that major letdown for anyone unfortunate enough to own shares and/or believe that VPER was going to do something substantial, something is definitely up with their latest "acquisition". The current CEO of VPER prepared the Q3 financials. It's interesting that the company stated they made the acquisition by giving shares of HMMR to HMMR. They failed to mention that they had acquired those shares of HMMR by giving HMMR 550,000 preferreds. I'm curious as to why they went that route instead of just saying "we acquired the entities by issuing HMMR 550,000 preferreds". Of course, there is the debt that the acquisition brings that is being addressed with more preferreds.
And why bother converting all of the A preferreds? Is it just something they could clean up easily to make things go smoother in the future? Why did Farid convert his B preferreds to common instead of just issuing commons for the "notes payable"? To me, that reinforces my belief that the preferreds will be immune to a reverse split.
"Other corporate actions inclusive of a name change". What other corporate actions aside from the name change? Or is that legal speak for whatever "corporate actions" occurred ended up just being a name change? What name is getting changed? Viper? 1stPoint? EndStream? American Networks? Shelcomm?

From the most recent financials:
"On August 7, 2024, the Company entered into a Share Exchange Agreement with Erik B. Levitt, and Andera Capital. Under the terms of the Share Exchange Agreement the company exchanged 550,000 shares of Series B preferred stock for the 2.5 million shares of HMMR common stock. The company agreed to convert all outstanding Series A preferred stock into common stock, and convert 6,289,422 million shares of Series B preferred stock into common stock. Farid Shouekani agreed to convert outstanding notes payable into Series B preferred stock. Erik Levitt and three related parties agreed to convert their existing notes payable held by Endstream Communications and 1stPoint Communications into Series B preferred stock. The Company also agreed to other corporate actions inclusive of a name change.
The Company closed the acquisition of Endstream Communications and 1stPoint Communications on November 1, 2024, and the acquisition of American Network Inc. is final approval under the FCC streamlined approval process. The Company will recognize revenues from these newly acquired subsidiaries beginning November 1, 2024. Revenues from these subsidiaries were not reflected in the current period.
On November 1, 2024 the Company appointed Erik B. Levitt as the Chief Executive Officer and appointed Mr. Levitt to the Board of Directors. On the same date the Company appointed Kristen Vasicek as the Chief Administrative Officer and appointed Ms. Vasicek as the Secretary of the Board of Directors. Ms. Vasicek will continue in her role as Chief Operating Officer of 1stPoint Communications and Endstream Communications, and a Director of 1stPoint’s Caribbean subsidiaries. Farid Shouekani remains the Company’s Chairman and President. Both Mr. Levitt and Mr. Shouekani will be active in the Company’s day-to-day operations of both the telecommunications business practice as well as the smart city and energy business practices. The staff of 1stPoint Communications, LLC will immediately assume all operations of the Company including financial accounting bringing most functions in-house.
On September 12, 2024, the Company engaged Boladale Lawal & Co to perform an audit of the Company’s financial statements and the consolidated financial statements of Endstream Communications and 1stPoint Communications and its subsidiaries, with the intention of achieving reporting with the Securities and Exchange Commission and as required by 17 CFR 210 Regulation S-X."

From marketscreener.com:
"November 01, 2024
Viper Networks, Inc. (OTCPK:VPER) agreed to acquire Endstream Communications, LLC, 1stpoint Communications, LLC, Shelcomm Inc., American Networks Inc., and 10% ownership in Wikibuli Inc. from Hammer Fiber Optics Holdings Corp (OTCPK:HMMR) for $750 on August 7, 2024. Viper is acquiring these assets in exchange for 2,500,000 shares of the Company's common stock. The transaction is subject to approval by regulatory board and other customary closing conditions, including, subject to certain materiality exceptions, the accuracy of each party's representations and warranties and each party's compliance with its obligations and covenants under the Purchase Agreement. Subject to the satisfaction or waiver of the foregoing conditions and the other terms and conditions contained in the Purchase Agreement, the transaction is expected to close by end of calendar year 2024. As of September 30, 2024, Viper Networks has applied for the necessary regulatory approvals from the Federal Communications Commission and various state authorities for the acquisition of the telecommunications assets of Hammer Fiber Optics Holdings Corp.
The regulatory, Federal Communications Commission approved the transaction on October 28, 2024, and the transaction effective November 1, 2024."

What an amazing company.
Goo VPER

We joked about the picture of "empty" boxes sent to Sri Lanka. Well with 117K of revenue for the year to date (quarterly report) I don't think we were too far off. There just couldn't have been much value in those boxes. And what about follow-up contracts? Another VPER disappointment. As of report, about 6.5B shares outstanding. Gee what is 117K divided by 6.5B?

I am who I am. I can give reasons to support who I am as well as identify the aspects that would be beneficial if I change. I feel I am a decent trader although I’m currently broke basically. I used to be ashamed of my situation but now I realize it’s only temporary. Life has been tough. I could have given up a thousand times already. But….. that’s not my story…. I will make sure of it. Enjoy your weekend Friend.

Thanks lol… It’s all depends on time and money I would say. It’s obvious they have things in the works. I guess it’s somewhat natural to flip up some freebies for a run that comes down the road. Most would welcome T2’s as they would just average down. Well I personally do not have the luxury of time or money. I have what I have which is very little. It’s a different mental game at rock bottom. Maybe that provides a little understanding of my cautious interpretations

Well HoldEm777 if it makes you feel better. Even though I’m in this trade because of you. I won’t hold it against you if I eventually end up selling at a loss lol. I think your intentions are good and your heart is in the right place. Fingers crossed

Low volume. That would look obvious. Huge demand on T3 but minimal slaps on T4. You want a prop to not look like a prop. If that’s indeed what it is. In this case I couldn’t say for sure. But it looks that way to me at the moment. I will apologize for my views. I know they are seen as negative. Everytime I try to have a positive outlook on a stock my ass get scorched…..

"But it’s trading like someone is slowly flipping T2’s"


If that is truly the case I would think they would move some of the millions of .0002 bids designed as a prop up a notch to .0003. The .0003 bids are clearly in no danger of being took out. And a 100 MILLION .0003 bid would surely change the bid sitter mind set that the T4's will always be there for the taking. Nothing really to add or say for now. But if things start to living up I'll be here to chime in lol. Good luck with whatever decision you make.

I’m not trying to persuade anyone. Just giving my opinion. You could not sell T4’s with any other bid/ask ratio. It has good aspects indeed. But it’s trading like someone is slowly flipping T2’s

.0003's BIDS out number the .0004's ASK by a 3 to 1 ratio. That has been the trend pretty much since Monday. Eighty percent (80%) of the last two weeks volume has come by the way of shares being bought on the ASK at .0004. I don't see the sell side conviction at .0003 that it would take to breach the .0003 BIDS. Even if that unlikely scenario did occur. The shares that could be possible netted on the .0002 BID would be minimal. https://ih.advfn.com/stock-market/USOTC/viper-networks-pk-VPER/historical I'm not here to encourage or sway anyone to BUY or SELL VPER. I'm just observing the trading action and making observations based on what I see that can be validated by the trade data. I'm in the camp which believes any real volume will come more from a upside move than a downside move. At least that's been the trend I've witnessed since I started paying attention to VPER. I'm only here because you brought it to my attention. Just keeping it real. Not here to mislead or misrepresent. Just sharing data.....but not sharing my .0004 buys with the .0003 bidders.....

If it’s trader driven then they will push it down to load. Which means eating red 50% as they will want T2. No one pushes anything with a equal deck usually.

In reference to what specifically?
But probably should if we have to depend on what you said.

Haven’t sold yet. But probably should if we have to depend on what you said.

So your saying you bought T4's that you sold for .0003?

Buying T4’s

Not sure I'm following you HoldEm777. Would you be as so kind to elaborate? Call what a mistake?


I will take T3 and call it a mistake

The events of August 7 should have been included as "subsequent events" on the Q2 filing. All three of VPER's Q2 submissions happened after August 7.
Series A conversion will add 681,760,000 common shares. The series B will add 1,257,884,400 common shares. That leaves 11 million series B shares, but some amount of the available 9 million shares will be issued for Endstream and 1stPoint notes payable.
It SOUNDS like the name change is VPER, but it could be any of the companies involved I guess.
Getting compliant with SEC. Again, seems like a reverse merger to me, but I may be way off base. Series A preferreds are gone, so that cleans up that little bit of extra shares. Would series B be immune to a reverse split or, if there was a reverse split, do all of those get converted to common (between 2.2 billion and 4 billion) beforehand?


What an amazing company.
Goo VPER

If that’s what we are depending on then stick a fork in it now. I will take T3 and call it a mistake

It was almost single digits when I mentioned it. If it drops to .0002 everything I once thought is invalid. jmho

The 23 MILLION on the .0003 BID appears to be pretty reliable. Then there's that 136 MILLION on the .0002 BID. The 7 MILLION sitting on the.0004 ASK is nothing. A 4000.00 MARKET BUY would print some .0005's filling the order as L2 stands right now. This ticker is just missing one thing and that is trader enthusiasm. It has moved up and held pretty steady with nothing obvious justifying the support for the move. But the support is currently there none the less. More than anything VPER is a chart play at the moment. So I hope the powers to be here continue on driving us northward. I for one would certainly be grateful.....

February 6,2024
New Issuance 110,000,000 Common Shares
$0.00025 Cede & Co. Investment Unrestricted Exemption

February 8,2024
New Issuance 160,000,000 Common Shares
$0.00025 Cede & Co. Investment Unrestricted Exemption