Our newsletters database indicates that Viper Networks, Inc. (PINK:VPER) has received an expensive promotional campaign for the upcoming trading session. On Friday VPER issued news as well that led to a huge jump of the share price. 
As a result, VPER closed the last trading session with a 62.50% increase in its share price at $0.0013. Such a surge in the share price is not an unusual event given the low price of the stock and it made VPER cross the 50-day moving average. Now, the 200-day MA could be the next important resistance level. Trading volume is also strong, reaching almost 33.2 million shares on Friday.
A promotional campaign for VPER might initiate further action today in terms of share price and trading volumes. Last night we received two promotional e-mails on Viper Networks and the compensation for them amounted $40,000. It is paid by a third party which is likely to hold VPER shares currently that it could dump on the market.
In the middle of Friday trading session, the company announced in a press release the upcoming market introduction of its latest 9W LED incandescent lamp which is aimed to substitute 100W incandescent bulbs. Despite the positive reaction on the market to that news, traders have not paid much of attention to VPER over the past year and it has now a valuation of only $1.37 million.
