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Viper Networks Inc. Message Board

  • jerry_weinberger jerry_weinberger May 1, 2012 9:20 PM Flag

    May 1 Press Release

    Wow they are now saying (May 1 Press Release) that they will do the work to provide the financial statements which they should have been providing all along. This is a very odd Press Release.
    As to an "independent auditor certified by the S.E.C., which will be the independent accounting firm (in Southern California) of Chang G. Park, CPA, Ph.D, PCAOB Auditors", has anyone checked whether Chang Park has already agreed to do that work (how would he be paod) for Viper Networks and whether it is accurate to state that he or his firm are certified by the S.E.C.? They are suggesting within 30 days --- that seems overly optimistic considering the many audit confirmatio problems they are likely to encounter. Chang Park has only done compilations in the past, not reviewed financials, and not audited financials. What is this about an S-1? That sounds incomprehensible, Viper Networks hasn't produced a profit, ever. Their reported P&L loss is much greater than their revenue. They haven't revealed those things promised in the Press Releases; they haven't revealed their greater than 5 percent shareholders, and on and on in terms of their full disclosure shortfalls.
    What does investor relations say?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Looks like you own millions of VPER stocks which cost you much higher price than it is now.

    • blueskylimo@att.net blueskylimo May 10, 2012 1:08 PM Flag

      A ceo of a corporation on a message board. a real piece of work

    • Wow they are now saying (May 1 Press Release) that they will do the work to provide the financial statements which they should have been providing all along. This is a very odd Press Release. Aren't public company Annual Reports due within 90 days of the end of the fiscal year (March 30, 2012)? Aren't public company quarterly reports due within 75 days of the end of the quarter (May 15, 2012)? Are they not both late at this point?
      As to an "independent auditor certified by the S.E.C., which will be the independent accounting firm (in Southern California) of Chang G. Park, CPA, Ph.D, PCAOB Auditors", has anyone checked whether Chang Park has already agreed to do that work (how would he be paid) for Viper Networks and whether it is accurate to state that he or his firm are certified by the S.E.C.? They are suggesting within 30 days --- that seems overly optimistic considering the many audit confirmation problems they are likely to encounter. Chang Park has only done compilations in the past, not reviewed financials, and not audited financials. What is this about an S-1? That sounds incomprehensible, Viper Networks hasn't produced a profit, ever. Their reported P&L loss is much greater than their revenue. They haven't revealed those things promised in the Press Releases; they haven't revealed their greater than 5 percent shareholders, and on and on in terms of their full disclosure shortfalls.
      What does investor relations say?

 
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