SCOTTSDALE, Ariz., June 16, 2015 /PRNewswire/ -- VIPR Corp. (VIPV)
(the "Company" or "VIPR") is pleased to provide this management
update regarding recent key developments at the Company. VIPR's new
business direction is now focused on the acquisition, development
and marketing of strategic nutraceutical and nutraceutical related
products for personal consumption, apparel and home use, creating a
portfolio of holdings, that represent both 'growth' and 'value'
investment opportunities.
"Over the last year, our Company has been successful at building a
stronger foundation from which it can continue to grow its new
business model," said Daniel Roth,
President of VIPR Corp., "Not only have we finalized a new
financing agreement with an established investment group, but we
also entering into the final stages of negotiating important new
acquisitions and distribution deals. We look forward to
completing these acquisitions and distribution agreements over the
next few months and have a prosperous 2015."
VIPR Corp. has received the initial working capital funding from a
proposed multi-level financing agreement with a privately held
investment group. Funding received from the financing
agreement will be used by VIPR, in part, to acquire, develop and
market proprietary nutraceutical products.
In addition, VIPR Corp will be launching a new Company website to
better serve its customers and to keep shareholders, potential
investors, and the media current with Company events and industry
trends. The Company expects to make further functional and
capacity enhancements to the website as demand requires.
For additional information, please visit:
http://www.viprcorp.com
This press release contains statements that are forward-looking and
which involve a number of risks and uncertainties. Such
forward-looking statements are within the meaning of that term in
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended. The
forward-looking statements in question are based on VIPR Corp.'s
current expectations and projections about future events, based on
information currently available.
The forward-looking statements found in this press release may also
include statements relating to VIPR Corp.'s anticipated financial
performance, business prospects, new developments, strategies, and
similar matters. VIPR Corp. provides no assurance regarding the
actual outcome of the events contemplated by any forward-looking
statements included in this release. VIPR Corp. disclaims any
obligation to update any of its forward-looking statements, except
as may be required by law.
Contacts:
VIPR Corp.
Investor Relations
Tel: 480-800-4136
Email: ir@viprcorp.com
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SOURCE VIPR Corp.