Viper Networks Inc - VPER stock
Introduction[edit]
Viper Networks, Inc. (OTC: VPER) is a Nevada corporation that engages in the manufacture and distribution of LED lighting products. The company, in partnership with Apollo Metro, produces highly efficient LED lighting to provide superior turnkey LED lighting solutions for metropolitan areas, parking lots, and warehousing facilities. The company provides CyberGrab; Vnet, a communication application; Viper unified communications platform for carriers and providers; VRoom; parking lot lighting systems; and solar power and telecom systems. It further provides intelligent lighting solutions with a camera, sensor, and wireless technologies.[1] Apollo Metro combines LED Lighting, Wireless MESH, Sensors, Infrared, and Video into a single design to provide solutions that can efficiently be applied to existing infrastructure through streamlined system integration for a full selection of intelligent LED lighting solutions worldwide. Viper Networks also provides telecommunication engineering solutions including planning, network expansion, and managed services to telecommunication service providers of various telecom networks in the U.S., Middle East, and Northern Africa. The company is based in Troy, Michigan. Its common shares are publicly traded on OTC markets under the VPER symbol.[2]
Operations[edit]
The company focuses on the provision of telecommunication and network engineering in numerous fields including Smart Street Lights and Smart Poles technology, Renewable Energy, Solar Power generation, IoT sensors integration through the implementations of Smart Cities solutions, Smart Grid technology, incorporating wireless communication, mobile networks, broadband technology, Wi-Fi and other technologies. The company observes the most recent standards and engineering guidelines in conducting its operations.[2]
Products and Projects[edit]
Viper is a manufacturer and distributor of highly effective LED lighting products. The company has launched the novel Smart City Project with Apollo Smart Lights that offer a multitude of unique features including powerful intelligent streetlights and a wireless communications network. The project will enable municipalities to control and adjust street lighting while enabling them to monitor the streets, enhance security, and manage traffic, all while cutting costs, reducing environmental footprint, and unlocking revenue opportunities. The Apollo Smart Pole (the product) performs numerous functions during the action. These include Intelligent LED lighting, concealed high-resolution cameras, air and weather monitoring, car and pedestrian counting sensors, electric vehicle charging stations, digital advertising panels, and digital street signs, among others.[3]
Apollo Smart light – considered highly cost-effective. Has an inbuilt heat management feature. Has an IP 67 rating, functions under extreme ambient conditions, and meets the stiffest safety conditions. A vast number of features such as light color, battery backup, light smart and remote control, IoT Sensors, and more, can also be added to the product as per the customer’s preferences.[4]
Corporate History[edit]
Viper Networks was initially incorporated under the laws of the State of Utah on February 28, 1983, as Tinglefoot Mining, Inc. The company’s name was revised to Baja Pacific International, Inc. on February 26, 1996. It was further changed on October 7, 1998, to Taig Ventures, Inc. On September 14, 2000, the firm’s name was changed to Viper Networks, Inc. The Company relocated to the State of Nevada in May 2005, where it maintains an active registration in good standing.[3]
Vital Developments in the Company[edit]
On September 22, 2022, Viper announced that it had started receiving solar panel shipments from Toledo Solar to begin distribution for both commercial and residential customers across the U.S. market. Viper closed a strategic U.S. manufacturing and partnership agreement with Toledo Solar, Inc. to aid Toledo’s expansion into the American-made solar energy market.[5]
On August 31, 2022, the company announced it had entered into a JV agreement and future U.S. manufacturing agreement with EarthWind, LLC., a Florida-based engineering and renewable energy systems designer and manufacturer; Gr8 Seas Holdings, Inc., an Illinois-based renewable and green energy development company, and SC General Turbo SA, a Bucharest based company. The deal would allow Viper and its strategic partners to develop key renewable energy solutions ranging from 1KW to GW of combined technologies for wind turbines, solar fields, and magnetic generation drives.[6]
Viper officially announced that it had completed the acquisition of 100% of EcoTech Solutions, Inc. of Sheridan, Illinois with the issuance of restricted preferred shares on February 24, 2022. The acquisition deal cost Viper $1.7 Million U.S. The acquisition meant Viper was reducing overall component and production costs, while substantially increasing its product portfolio. Mr. Farid Shouekani, Viper Network’s president stated that EchoTech was the company’s initial initiative toward expanding its technologies and product line. EchoTech in both Surface-Mount-Technology (SMT) printed circuit boards and legacy through-hole manufacturing.[7]
Earlier this year, on January 10, the company officially made public its decision to enter the cryptocurrency space, starting its cryptocurrency mining and development of state-of-the-art technologies. The move aimed to exclusively minimize the cost of mining operations, as part of its prior acquisition of EcoTech Solutions, Inc. The company’s mining operation would use top Graphical Processing Units (GPUs) available to produce the best hash rates required for high profitability and return on investment.[8]
Leadership[edit]
The Executive Team[9][edit]
Farid Shouekani, President, and CEO
- more than 20 years of experience in corporate management, engineering, and software development of communications systems including wireless, switching, networking, and smart cities platform
- Holds a Bachelor of Science Degree in Electrical Engineering and a Master of Science Degree in Computer Engineering from Florida Tech.
- Has been vital in building the company’s state-of-the-art smart cities platform and renewable energy solutions over the past decade
Nadim Romanos, Executive VP, and International Business Development
- Holds a Bachelor of Science in Civil Engineering from Washington University in St. Louis, and a Master of Engineering from Cornell University with a minor in Business
- Previously worked for two construction consulting firms (Hill International and Nielsen-Wurster Group) in the D.C. area, specializing in construction claims and project management for 8 years
- Co-founded Hi-Tec Cements, a construction firm in the Mid-90s
- Moved to Iraq and established Hermas for Marketing & Distribution, a distribution company for fast-moving consumer goods with large warehouses in Baghdad and Erbil
Bassim Alkhafaji, Strategic Business Advisor, and Technology Executive
- Over 25 years of experience in delivering global enterprise information technology platforms and solutions, in diverse industries and sectors
- Has extensively worked in Capital Market, Asset Management, Investment Banking, Private Equity, Startups, New Ventures, and Private Sector
- Has a solid record of creating robust IT architectures to support all aspects of the information systems delivery process
- Has served in senior positions in iconic companies including JP Morgan, HSBC, Nomura Securities International, Bankers Trust, First Union Capital Market, FFTW, and BNP Paribas asset management
- Holds a Master’s of Science in Information Systems from Pace University along with a Bachelor’s of Science degree in Computer Science
Governance, Strategy, and Values[edit]
Integrity is the company’s top-of-the-list value. Viper’s board of directors plays a critical role in implementing the firm’s policies and procedures to ensure corporate integrity. The board focuses on realizing the company’s long-term success while fully representing the interests of its shareholders. The company has adopted principles of Corporate Governance that solder its stipulated values by championing good corporate citizenship and ethical business practices.[10]
- ↑ finance.yahoo.com/quote/VPER/profile?p=VPER
- ↑ 2.0 2.1 U.S. SECURITIES AND EXCHANGE COMMISSION REGULATION A OFFERING CIRCULAR UNDER THE SECURITIES ACT OF 1933, Viper Networks, Inc., page 8 – Sec.report. Accessed on 10/28/2022.
- ↑ 3.0 3.1 U.S. SECURITIES AND EXCHANGE COMMISSION REGULATION A OFFERING CIRCULAR UNDER THE SECURITIES ACT OF 1933, Viper Networks, Inc., page 22 – Sec.report. Accessed on 10/28/2022.
- ↑ vipernetworks.com/index.php/smart-lights/ - Product description – Viper Networks Website.
- ↑ Toledo Solar Commences Solar Panel Shipments to Viper Networks for Commercial and Residential Deployment – Yahoo Finance.
- ↑ Viper Networks and Gr8 Seas Holdings with EarthWind Technologies and General Turbo Announce JV and Future U.S. Manufacturing Agreement – Yahoo Finance. Retrieved on 10/29/2022.
- ↑ Viper Networks Completes Acquisition for EcoTech Solutions – Nasdaq.com.
- ↑ Viper Networks has started its Bitcoin/Ethereum mining operation & the development of new technologies to increase energy efficiency and profitability of mining – Nasdaq.com. Retrieved on 10/29/2022.
- ↑ The Executive Team – Viper Networks website. Accessed on 10/29/2022.
- ↑ Viper Networks, Inc. Company Details – sec.report.
OTC Symbol: VPER | OTC Tier: Pink Current
