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Viper Networks Inc (PK)

Viper Networks Inc (PK) (VPER)

0.0002
0.00
(0.00%)
Closed March 10 4:00PM

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Key stats and details

Current Price
0.0002
Bid
0.0002
Ask
0.0003
Volume
5,065,757
0.0002 Day's Range 0.0003
0.00015 52 Week Range 0.0005
Market Cap
Previous Close
0.0002
Open
0.0002
Last Trade
15000
@
0.0002
Last Trade Time
Financial Volume
$ 1,025
VWAP
0.000202
Average Volume (3m)
2,561,847
Shares Outstanding
6,413,597,467
Dividend Yield
-
PE Ratio
0.00
Earnings Per Share (EPS)
-0
Revenue
30k
Net Profit
-821k

About Viper Networks Inc (PK)

Viper Networks and it's Apollo Smart Lights product (www.apollosmartlights.com) has a full selection of intelligent LED lighting solutions that can easily be deployed into metropolitan areas, parking lots and warehousing facilities. Smart Poles and Smart LED Lighting is not only efficient but has th... Viper Networks and it's Apollo Smart Lights product (www.apollosmartlights.com) has a full selection of intelligent LED lighting solutions that can easily be deployed into metropolitan areas, parking lots and warehousing facilities. Smart Poles and Smart LED Lighting is not only efficient but has the ability to incorporate a variety of technologies into a single design. Integrity is of the utmost importance at Viper Networks, and our Board of Directors plays an integral role in overseeing the policies and procedures that insure our corporate integrity. The focus of our Board of Directors is to ensure the long-term success of Viper Networks while representing the interests of our shareholders. We have adopted principles of Corporate Governance that reinforce our stated values by promoting good corporate citizenship and ethical business practices. Ensuring that our financial results fairly reflect the results of our operations is of paramount importance to this company and our investors. Viper Networks remains diligent in maintaining compliance with our established financial accounting policies, which are consistent with requirements of Generally Accepted Accounting Principles (GAAP), and will report our results objectively and with the highest degree of integrity. Show more

Sector
Business Services, Nec
Industry
Business Services, Nec
Headquarters
Reno, Nevada, USA
Founded
-
Viper Networks Inc (PK) is listed in the Business Services sector of the OTCMarkets with ticker VPER. The last closing price for Viper Networks (PK) was $0. Over the last year, Viper Networks (PK) shares have traded in a share price range of $ 0.00015 to $ 0.0005.

Viper Networks (PK) currently has 6,413,597,467 shares outstanding. The market capitalization of Viper Networks (PK) is $1.28 million. Viper Networks (PK) has a price to earnings ratio (PE ratio) of 0.00.

VPER Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-5.0E-5-200.000250.00030.000218826360.00025573CS
4-5.0E-5-200.000250.00030.000220650650.00024144CS
12-0.0001-33.33333333330.00030.00030.000225618470.00023635CS
26-0.0001-33.33333333330.00030.00040.000251236560.00028062CS
52-0.0002-500.00040.00050.0001567018280.00029694CS
156-0.002-90.90909090910.00220.00330.0001595762430.00068358CS
2600.000199199001.0E-60.07311.0E-6306739780.01032685CS

VPER - Frequently Asked Questions (FAQ)

What is the current Viper Networks (PK) share price?
The current share price of Viper Networks (PK) is $ 0.0002
How many Viper Networks (PK) shares are in issue?
Viper Networks (PK) has 6,413,597,467 shares in issue
What is the market cap of Viper Networks (PK)?
The market capitalisation of Viper Networks (PK) is USD 1.28M
What is the 1 year trading range for Viper Networks (PK) share price?
Viper Networks (PK) has traded in the range of $ 0.00015 to $ 0.0005 during the past year
What is the reporting currency for Viper Networks (PK)?
Viper Networks (PK) reports financial results in USD
What is the latest annual turnover for Viper Networks (PK)?
The latest annual turnover of Viper Networks (PK) is USD 30k
What is the latest annual profit for Viper Networks (PK)?
The latest annual profit of Viper Networks (PK) is USD -821k
What is the registered address of Viper Networks (PK)?
The registered address for Viper Networks (PK) is 50 WEST LIBERTY STREET, SUITE 880, RENO, NEVADA, 89501
What is the Viper Networks (PK) website address?
The website address for Viper Networks (PK) is www.vipernetworks.com
Which industry sector does Viper Networks (PK) operate in?
Viper Networks (PK) operates in the BUSINESS SERVICES, NEC sector

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VPER Discussion

View Posts
chainma1l chainma1l 1 week ago
Company only publishes the truth on twitter.
Good to see the spirit of greenshark is alive and well.
What an amazing company.
Goo Ow ire
👍️0
VOIP20 VOIP20 1 week ago
This was lifted from X. A Jul 19,2024 message.

Post

See new posts
Conversation
Viper Networks
@vipernetworks
Poles are delivered to Chicago installation company on 7-3-2024. $VPER
Who in the world is installing these poles and how long is it going to take?
👍️0
chainma1l chainma1l 2 weeks ago
PR doesn't even mention Shakir Alkhafaji or "Hammer/1st Communications". Likely because Shakir Alkhafaji has nothing to do with VPER or "Hammer/1st Communications" (neither of which was part of the "acquired" companies by VPER. Hammer apparently was the parent of the companies acquired by VPER. "1st Communications" was not one of those).
No mention of Cybergrab! Darn. I thought that was going to be HUGE.
I don't see them moving to the OTC QB tier without a major change in share structure. They already started that several weeks back, but I think a reverse split is on the way. After that, I can only see them issuing shares to the debt holders, but that may not have to be immediate. Basically, still appears to be a reverse merger for the companies acquire from HMMR which is interesting. I think it will get stranger at some point.
No mention of Farid, either. Ow ire actualy seems to be moving on.
What an amazing company.
Goo Ow ire
👍️0
ArchieK ArchieK 2 weeks ago
LOL I am chuckling because I too am waiting to see what all is going to happen. I've been playing around with this ever since reading a Motley Fool article MANY years ago about VOIP phones. I've owned shares in this "company" at $1+!!! I've traded when there was liquidity and now have many shares...hoping for a little blip to sell it all and stop this nonsense LOL! GLTA.
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chainma1l chainma1l 2 weeks ago
What does Veritas have to do with "Hammer/1st Communications"? Please send links to wherever you came up with this information. How would anybody use the $73+ million debt to their advantage?
What an amazing company.
Goo Ow ire
👍️0
Over the Lake Over the Lake 2 weeks ago
CEO of Veritas Limited.

Supposedly they're all subsidiaries so far. My thinking is he will reverse merge it all and use the 73 million accumulated deficit to his advantage.

Time will tell.
👍️0
chainma1l chainma1l 2 weeks ago
What does Shakir Alkhafaji have to do with "Hammer/1st Communications" or VPER?
What an amazing company.
Goo Ow ire
👍️0
Over the Lake Over the Lake 2 weeks ago
Anxiously waiting to see what Shakir and Erik are all about.

Mr. Alkhafaji didn't take this and the Hammer/1st Communications over for no reason - the accumulated deficit on record for Viper alone was over $73 million in 2023 financials, which gave him a very nice "tax" incentive, for his growing empire. Curious how they "tuck" everything into the VPER umbrella.

This will no longer be about Telecommunications and light poles.

Should have some answers within the next few weeks.
👍️0
chainma1l chainma1l 3 weeks ago
When did they say they delivered poles for Palos Hills? Last thing I saw said they were going to deliver them, but that is not the same as actually delivered.
Any bets on the RS ratio? I think 1,000:1 minimum. Will the preferreds be immune to the reverse split?
What an amazing company.
Goo Ow ire
👍️0
VOIP20 VOIP20 3 weeks ago
VPER says that they delivered 2 smart poles to the installation company last summer. Somebody from Palos Hills should know why no installation as of yet. And still waiting on follow-up orders from Sri Lanka. No word on any new projects.
👍️0
Over the Lake Over the Lake 3 weeks ago
No pulse?

(5) months and still nothing? Just Hot Air?
👍️0
chainma1l chainma1l 1 month ago
Oh they did. This Ow ire thing is definitely out of a different playbook. Reverse merger? Reverse split? They already have been perfecting the reverse revenue
What an amazing company.
Goo Ow ire
👍️0
Mr. Dragon Mr. Dragon 1 month ago
Farid and his stooges still pumping years old scams I see. Small minds can't come up with a new fraud angle?
👍️0
chainma1l chainma1l 1 month ago
Everything else? I think it's just "everything". Although, I would be inclined to believe the recent PR from the new CEO which seems to knock Viper down to the bottom of the list of things they are wanting to do. I just don't see Viper's operations being a part of Ow ire for very long.

TROY, Mich., Jan. 20, 2025 (GLOBE NEWSWIRE) -- Viper Networks (OTCPK: VPER) announced the beginning of its strategic rebranding effort. Among other corporate actions, Viper and its subsidiaries will adopt the name 0Wire (pronounced “Zero-Wire”). The assets of 1stPoint Communications will be split into two strategic operating companies. The existing entity will be renamed 0Wire Communications and operate the company’s key telecommunications assets in both the United States and the Eastern Caribbean. A new entity, 0Wire Hosting, will operate the company’s technology hosting portfolio. 0Wire Wholesale, a new subsidiary, will refocus the company’s wholesale services on newer and higher growth opportunities such as 5G roaming and messaging, while continuing to develop the wholesale voice market. Additional subsidiaries, operated as 0Wire Energy, will address smart city and renewable energy projects in the United States and Sri Lanka.

“We have undertaken this rebranding effort in order to better align with the company’s Everything Wireless Telecom+Energy strategy,” said Erik Levitt, the company’s CEO. The Everything Wireless strategy consists of five key pillars: Over-the-Top Technologies (“OTT”), Mobility, Fixed Wireless, Smart City and Renewable Energy Generation. “We continue to see very strong growth in our OTT business and there is industry-wide recognition that we are a leader in the messaging market. We will continue to develop these technologies while we shift longer-term investment toward mobility and fixed wireless,” said Levitt.

During the last fiscal year the company completed the deployment of 108 smart poles and Apollo smart lights in the capital city of Sri Lanka, Colombo. The initial deployment was a pilot project for future, larger, and more complex installations. “Management is now evaluating follow-on projects with key constituents in the market,” said Farid Shouekani, the company’s Chairman. “We look forward to growing the recognition of the 0Wire brand as a market leader in smart city deployment,” added Shouekani.

Management elected to begin the rebranding effort with the telecommunications division because of its strategic importance as well as the lack of a need for regulatory approvals. “Due to regulatory requirements, certain corporate actions, such as name changes, can take several months to complete. We hope to complete the process at the corporate level during the next three quarters,” added Levitt. Management anticipates that this process will proceed alongside the company’s audit of its financial statements.

Further information on the rebranding effort will be forthcoming in the company’s annual filings as well as future press releases.

Nearly 4 years and not a single pole?

TROY, Mich., Aug. 13, 2021 (GLOBE NEWSWIRE) -- Viper Networks, Inc. (OTC Pink: VPER), an international leader in the LED Street Lights products and integrated Smart City solutions, is pleased to announce that it has reached a final 20-year agreement with a consortium of 21 cities throughout suburban Chicago, Illinois; to build and operate a variety of smart city projects.

First week of June. Too bad they didn't say what year. I can't wait for the Cybergrab news! What an exciting and innovative idea!

Regarding the exciting 21 Cities Project in Southwest Cook County in Greater Chicago, the Company recently finalized their new pole design, which was at 3rd party engineering for and received Professional Engineers (PE) approval. This will kick start manufacturing. The Company will ship the first 2 samples shortly and should be on site for installation in the Chicago area by the first week of June; with large quantities for quick replacement slated to commence thereafter.

In other news, the Company will provide an announcement update shortly for their San Francisco-based Cybergrab technology platform deployment.

What an amazing company.
Goo Ow ire
👍️0
VOIP20 VOIP20 1 month ago
We are all waiting for add-on Sri Lanka orders and of course those first two smart pole installations for 21 cities project. Of course, it sure wouldn't hurt if some new projects were to come along. Everything else about this company is propaganda IMO.
👍️0
ArchieK ArchieK 1 month ago
Things sure are hoppin' over here. 🥱
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VOIP20 VOIP20 2 months ago
Beaver Road is an office complex I believe. Pictures were posted a long time ago. Probably quite a few other businesses at that address.
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chainma1l chainma1l 2 months ago
First one is Veritas, which I believe is just another "virtual office" and has nothing to do with VPER. Second one is somebody's house?
May want to include the address of the pole that is apparently still not installed in Palos Hills. Very close to city hall from what I remember.
What an amazing company.
Goo Ow ire
👍️0
Over the Lake Over the Lake 2 months ago
The addresses to drive by are 32000 Northwestern Highway, Southfield, MI. and 1375 Rivona Dr., Waterford, MI..
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chainma1l chainma1l 2 months ago
200 E Big Beaver Rd?
I doubt there is much there. Just kind of a "rent an address" type of space. VPER may have "virtual offices" there, but maybe they rent one of the physical spaces in there.
What an amazing company.
Goo Ow ire
👍️0
scottyb scottyb 2 months ago
the one in troy michigan they don't even gave a manufacturing plant smoke and mirrors 
👍️0
chainma1l chainma1l 2 months ago
Which location is that?
What an amazing company.
Goo Ow ire
👍️0
scottyb scottyb 2 months ago
i am driving down to their location to see how legit ut is
👍️0
chainma1l chainma1l 2 months ago
It was a press release that Ow ire paid Globe Newswire to distribute/promote.
What an amazing company.
Goo Ow ire
👍️0
ArchieK ArchieK 2 months ago
Unlike many other "announcements" this one actually appears on real live stock sites, Yahoo Finance, Seeking Alpha, MSN etc.
👍️ 1
Chartmaster Chartmaster 2 months ago
Viper Networks Announces Strategic Rebranding Effort

TROY, Mich., Jan. 20, 2025 (GLOBE NEWSWIRE) -- Viper Networks (OTCPK: VPER) announced the beginning of its strategic rebranding effort. Among other corporate actions, Viper and its subsidiaries will adopt the name 0Wire (pronounced “Zero-Wire”). The assets of 1stPoint Communications will be split into two strategic operating companies. The existing entity will be renamed 0Wire Communications and operate the company’s key telecommunications assets in both the United States and the Eastern Caribbean. A new entity, 0Wire Hosting, will operate the company’s technology hosting portfolio. 0Wire Wholesale, a new subsidiary, will refocus the company’s wholesale services on newer and higher growth opportunities such as 5G roaming and messaging, while continuing to develop the wholesale voice market. Additional subsidiaries, operated as 0Wire Energy, will address smart city and renewable energy projects in the United States and Sri Lanka.

“We have undertaken this rebranding effort in order to better align with the company’s Everything Wireless Telecom+Energy strategy,” said Erik Levitt, the company’s CEO. The Everything Wireless strategy consists of five key pillars: Over-the-Top Technologies (“OTT”), Mobility, Fixed Wireless, Smart City and Renewable Energy Generation. “We continue to see very strong growth in our OTT business and there is industry-wide recognition that we are a leader in the messaging market. We will continue to develop these technologies while we shift longer-term investment toward mobility and fixed wireless,” said Levitt.

During the last fiscal year the company completed the deployment of 108 smart poles and Apollo smart lights in the capital city of Sri Lanka, Colombo. The initial deployment was a pilot project for future, larger, and more complex installations. “Management is now evaluating follow-on projects with key constituents in the market,” said Farid Shouekani, the company’s Chairman. “We look forward to growing the recognition of the 0Wire brand as a market leader in smart city deployment,” added Shouekani.

Management elected to begin the rebranding effort with the telecommunications division because of its strategic importance as well as the lack of a need for regulatory approvals. “Due to regulatory requirements, certain corporate actions, such as name changes, can take several months to complete. We hope to complete the process at the corporate level during the next three quarters,” added Levitt. Management anticipates that this process will proceed alongside the company’s audit of its financial statements.

Further information on the rebranding effort will be forthcoming in the company’s annual filings as well as future press releases.

ABOUT VIPER NETWORKS, INC.
Viper Networks is a service provider of telecommunications, smart city and energy generation projects. Our “Everything Wireless” strategy is designed to integrate mobility, fixed wireless, over-the-top (“OTT”) technologies and smart cities into a single platform that can deployed in any market globally. For more information go to www.ViperNetworks.com or follow on X (formerly Twitter) Twitter@vipernetworks.

Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

Media/Investor Relations Contact: SAG Equity Group / 407.444.5959
https://www.globenewswire.com/newsroom/ti?nf=OTMzNDU3MCM2NzAxNjgzIzIwMjMyMzk=
https://ml.globenewswire.com/media/MmRhNGExMDktYzVhNS00NDRlLWFkY2YtNTkzMTJiNmZhYjY1LTEwMzQ4MDg=/tiny/Viper-Networks-Inc-.png

Source: Viper Networks, Inc.

© 2025 GlobeNewswire, Inc.

https://www.otcmarkets.com/stock/VPER/news/story?e&id=3108677
👍️0
chainma1l chainma1l 2 months ago
PR on a market holiday. Normally that would be done so nobody sees the PR. Maybe that was the intent, but there isn't a ton of negative information in it.
Ow ire. Good name for a company.
Based on the content, my assumption of a reverse merger still seems to be a possibility. All of VPER's operations are "Additional subsidiaries, operated as 0Wire Energy, will address smart city and renewable energy projects in the United States and Sri Lanka." Sounds like Cybergrab is just going to disappear.
Will Viper Networks now be spun off after a reverse split or will it become part of Veritas? Sure doesn't seem like Ow ire is interested in anything they do. If VPER gets spun off, they'll probably keep talking about Cybergrab. I just don't see VPER functioning as they have been for the past 5-10 years without being public. Do they have access to a shell or will they come up with something else?
What an amazing company.
Goo Ow ire
👍️0
Over the Lake Over the Lake 2 months ago
I realized when I got home that night that I had stated (180) by mistake, when it was actually (108) stated.

I also went back and re- read the info on the website: "Viper offers multiple pole designs, including the slim line, high strength, elegant poles depicted above. The strongest structures can exceed 30 meters in height and accommodate up to three tenant mobile network operators on a single pole and include a large base capable of housing carrier edge equipment."

I originally had in my head that the Sri Lanka poles were 30m, they look more like 10m in the photos.

The estimates of 35-45k were, guestimates on my end from what I was looking at. I still believe they're in excess of $6k a piece even @ 10m tall (if Viper even supplies them).

Regardless; we're finally seeing some activities, and news releases, updates to websites and info regarding the management who are now in control. this is much more than we had for the past (3) years.

Hopefully, this gets some attention and we can get back to trading.
👍️0
Over the Lake Over the Lake 2 months ago
Another update posted on the website.
👍️0
chainma1l chainma1l 2 months ago
So your $35k-$45k per pole dropped to $6k?
Please cite your sources. The update on Viper's website says 108, not 180 and doesn't say anything about 30m poles being installed in Sri Lanka. Based on what Viper has said, these are just LED lights with poles. No add-ons. What is the timeframe of this "pilot project"? Why did VPER not mention in any of the PRs that it was a pilot project until it was done? Where do you get 4 months? VPER PRed in March that they were shipping product and didn't say anything else about the project until December. Why is it going on two years for the SINGLE POLE to be installed in Palos Hills? The Village of Justice and Palos Hills have installed street lights since VPER's PRs about working with both towns. No mention by VPER or either town that any of the street lights have been from VPER. Why?
How is Cybergrab functioning in Antigua and whatever town in the US that was supposed to happen in Q1 of 2024?
How come Global Sustainable Initiatives is not mentioned in VPER's financials?
Was the "immediate project" in Saudi Arabia that was supposed to be completed by the end of September 2023 a success?
No updates on these PRs in over two years. Why?
Toledo Solar Commences Solar Panel Shipments to Viper Networks for Commercial and Residential DeploymentPress Release | 09/22/2022

Viper Networks and Gr8 Seas Holdings with EarthWind Technologies and General Turbo Announce JV and Future U.S. Manufacturing AgreementPress Release | 08/31/2022
Next financial report should be interesting and is due by the end of March.
What an amazing company.
Goo VPER
👍️0
Over the Lake Over the Lake 2 months ago
Here is info on a company selling street light poles. Something I found kicking around on the IPad. https://www.xintongpole.com/led-street-light/

I've seen poles in the $6000.00 range in the 10meter height range. Sri Lanka were 30 meters. No idea if the light/fixtures are ncluded or add-ons; same with sensors, cameras etc.  I would assume networking them and software(s) would be extra; along with training (after an "initial" time agreed upon).

Needless to say it took 4 months, but things are finally moving forward.
👍️0
chainma1l chainma1l 2 months ago
You can check your math on the Q3 and Q4 financials. There should be over 6 million in revenue on the Q4 report. By your estimate, only 1 or 2 poles were included on the Q3 financials. I think the project was complete before the end of Q3, so I think that's all there is. $35,000-$45,000 is ridiculous. There is absolutely nothing to them. Looking "really good" is a stretch. How good can a street light look? It's a street light.
Viper will not be involved in anything in LA. That would be too easily verifiable. You've seen how well the Palos Hills install has gone. 2 years and still not a single pole installed?
How did that Cybergrab rollout go? What was it? Antigua and local partner in the US?
How did the "immediate project" in Saudi Arabia pan out?
I think whatever Hammer sold VPER was just reverse merged into VPER. I wouldn't be surprised if most of VPER's lines of business go away after a reverse split and name change. Whatever VPER did will probably move over to Veritas with Farid Shouekani. We should see something by the end of March.
What an amazing company.
Goo VPER
👍️0
VOIP20 VOIP20 2 months ago
I did not look up a reference for any of this, but I believe AT&T is handling smart poles in LA. Also, I thought I heard these smart poles are about $500 each. I know that sounds ridiculously low, but it is what I remember seeing somewhere. Of course, there are add-ons to the poles: cameras, Wi-fi, charging station et all. As chain said the 108 smart pole order should have been reported in VPER's last financials, and you can see there wasn't any breathtaking revenue reported.
👍️0
Over the Lake Over the Lake 2 months ago
The website is showing Light Poles in Sri Lanka (as some of you know). They look good, actually really good. Not sure what to put on them for a price tag, but they don't look "cheap" or cheap - aesthetically pleasing. I'm stuck between $35,000 - $45,000 each - plus freight, installation and set-up (any other opinions on price)? Multiply that by (180) of them.

I also read an article that L.A. plans on having s "Smart City" set-up for the 2028 games. Curious if Viper is involved.

The website is starting to come alive, now some pertinent news, and financials - too much to ask for...?
👍️0
chainma1l chainma1l 2 months ago
"The big issue is if, or how, the share structure will be re-arranged (if at all) for the current shareholders."
THAT is the big issue?
No revenue, steady stream of BS, constant discrepancies on their financials, and 72 million in debt, and the share structure is "the big issue"? That's the way VPER has been able to operate the way it has for so long. Need something? Just issue some shares. If the creditor won't take common, then A or B will work.
I think you'll at least get your wish when the reverse split happens. 1000:1 seems a little aggressive, but if the preferreds are going to be immune, then that gives them a lot of room to work. It's a good possibility that the preferreds get split, then VPER immediately issues shares for at least a chunk of that debt. May be common, may be preferred. 100:1 isn't enough. 500:1 is possible, but they might as well rip the bandaid off.
I think the "immediate project" in Saudi Arabia was maybe to put up a pole or get some sort of demo in place for whoever the partner was over there. And that is being generous. There is the possibility that nothing happened at all. Financials more or less support that. History of PRs that are never mentioned again supports that as well.
What an amazing company.
Goo VPER
👍️0
Over the Lake Over the Lake 2 months ago
There is a lot of strange trades today for 10, 20 shares.

Personally, I think once the political scene dies down a bit and people get into there groove, this will take off.

I don't believe Shakir al Khafaji got involved on a whim. It appears he makes things happen in his world. It is odd that there has been no pertinent news surrounding there investment/take over of Viper Networks - Call it what you will, but Farid wasn't put in the backseat and Eric Levitt isn't running things by mistake. I'm sure there is a plan in place. The connection with Mike Johnson and Tiffany Trumps Father in Law around the same time Alkhafaji was stepping in I don't believe was by chance either. I have done some research and he's a very successful person (in many facets).

The big issue is if, or how, the share structure will be re-arranged (if at all) for the current shareholders. I originally jumped on this for a quick hit, and got caught holding the bag, kept averaging in as it went down on Farid's "no factual news" policy for the 2-3 year period; but now hoping to hang in for what may be quite a ride. Too many things are lining up...

One or two good news announcements will help immensely.
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VOIP20 VOIP20 2 months ago
The "installation company" is said to have received the VPER Smart Poles back in August. Just what is going on with the 21 Cities project? It is now the start of a new week in a new year, surely time to get moving on this. Anyone hear any news about Palos Hills? And of course, my favorite phantom project in Saudia Arabia. We should have sent them thousands upon thousands of smart poles for installation by now on our way back when "immediate" project.
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chainma1l chainma1l 2 months ago
Probably just naked shorties or MM manipulators!
TO DA MOOON!

What an amazing company.
Goo VPER
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Mr. Dragon Mr. Dragon 2 months ago
$489 traded today🤣🤣🤣....yup....the scam is now very well known.
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Mr. Dragon Mr. Dragon 2 months ago
Same whore.......different dress.
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Over the Lake Over the Lake 2 months ago
Full Steam Ahead... the fact that Mike Johnson was retained as the Speaker of the House is a Very big deal for the Viper Networks/Hammer/1st Communications/Veritas Limited arrangement (whatever it actually is). Shakir W. Alkhafaji the President & CEO Veritas Limited,LLC didn't get involved in this for the fun of it, I can assure you that.

Farid must have had some legitimate business happening that needed serious funding, and he plans on ringing the bell.

https://www.linkedin.com/search/results/all/?heroEntityKey=urn%3Ali%3Afsd_profile%3AACoAABBjj3oBxGaSqYgO3VZaZMuua03aZTq7gt8&keywords=Shakir%20W.%20Alkhafaji&origin=ENTITY_SEARCH_HOME_HISTORY&sid=.Mz

Speaks Volumes to me... along with the fact the Tiffany Trump's Father-in-Law is involved also.

There may be some real hope here now, once things get put into place.

Probably see Chicago get a cleaning up also, as part of it all.
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chainma1l chainma1l 2 months ago
The company is 70+ million in debt and has a history of PRing things and then never mentioning them again. More importantly, the history of almost no revenue and even less profit is the main red flag. Your nieces and nephews are smart. 90+% of pennies and subpennies are straight up gambling and should never be "investments".
In my opinion, Farid has done with VPER exactly what he set out to do. I don't consider that "poor management" since in my view, there was no intent to grow a real company, yet somehow the company has stayed in business for years.
If the "acquisition" doesn't turn out like EcoTech, SOMETHING is going to happen. What, specifically, I have no idea. My money is on a reverse split and it will be interesting to see how that plays out since supposedly, all of the class A preferreds are gone, and some portion of class B shares have been converted to common.
How do you see that $70+ million getting repaid? I think if the class B shares are immune to a reverse split, stock may come into play, but if the creditors are expecting cash payments at some point, I don't see that happening to a significant degree. The companies involved in the "acquisition" don't bring in much in the way of revenue.
What an amazing company.
Goo VPER
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Over the Lake Over the Lake 2 months ago
My biggest fear was this stock going up in the last few days of the year and causing a huge income tax event in my world.

Feeling very fortunate things didn't go up before the New Year.

Now, let's see what Mr. Levitt and the Vertis Limited people are all about.

Too bad they couldn't let us know something before the Holidays though, I was trying to convey to our (17) nieces and nephews (who want to invest and make some money) all in their 30's what the company was about, and hopefully up to, but they were not buying into it. Actually thought it was funny that I was still going on about this for the 3rd year and the fact that it was now at .0002 didn't help.

From the past (3) years history, lack of revenue (and profit(s)) from any of the supposed sources, and the poor management (thanks to Farid).

Don't really blame them.
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chainma1l chainma1l 2 months ago
Classic VPER. Although the board did expand from one to three people.
March 31 is probably the next time there will be any communication from the company and I expect it to be financials with information about the name change and potential reverse split buried in it.
What an amazing company.
Goo VPER
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Mr. Dragon Mr. Dragon 2 months ago
"Viper Networks, and our Board of Directors plays an integral role in overseeing the policies and procedures that insure our corporate integrity."

Could be the lie of the century!
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jb55 jb55 2 months ago
I'll take positive news any day. Just put one foot in front of the other now.
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chainma1l chainma1l 2 months ago
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
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VOIP20 VOIP20 2 months ago
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?
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chainma1l chainma1l 3 months ago
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
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WALLnut WALLnut 3 months ago
RDGL getting closer.....
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