VPER - Viper Networks $$$ Alert:LED COMPANY MERGER IN THE WORKS $ Very Tight Easy Mo
[b]VPER - Viper Networks $$$ Alert:LED COMPANY MERGER IN THE WORKS $
Very Tight Easy Money
Viper Networks To Conclude Due Diligence On Attractive LED Acquisition Candidate By Month End
Viper Networks, Inc. (Pink Sheets: VPER), announces that the Company expects to conclude their preliminary due diligence on a U.S.-based, profitable LED company that they have been in acquisition talks with (as announced 1/30/12) by March 31st.
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.
Interested parties should note that these are amicable discussions propelled by strong mutual benefits and final acquisition terms are expected to include a combination of cash and stock.
In reviewing Company news during 2012, shareholders and investors will quickly see Viper has been busy establishing solid alliances within the LED industry along with key agreements designed to generate industry-leading margins and facilitate large scale growth initiatives in new global markets.
This major alliance with LEDs America has led to key agreements for Viper Networks in a North American sales and marketing agreement, global exporting arraignments, supplier status and manufacturing rights, and multiple foreign country territorial exclusivity agreements.
Another emerging alliance is Envirolite Corporation and their PowerDisc
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