Research, Report & Profiling Services by IPOdesktop.com VIPR Industries Inc (VIPR.PK) Stock symbol: VIPR.PK…….…………..….….……..………..………..10 day average vol 110,448

Stock price 7/28/08: $.55…………….………..……….Common shares 5/22/08: 28.3mm (issued)

52 wk price range: $0.0075 -- $1.20 ………………………Equity market capitalization: $15.6mm

Recent News…..Stock Price…..Chart…..SEC Filings

BUSINESS

. Precious metals exploration and development company focused on gold, Uranium, and other precious metal resources and reserves through mergers, acquisitions and resource development. . Presently focused on its Gold and Uranium assets. Principle properties are the Singida Gold Concessions and its Itigi / Manyoni Uranium Property, both located in the safe confines of Tanzania.

. Tanzania encourages gold development, while the United States does not

GOLD PRICE & PRODUCTION TRENDS

Gold prices increase, 2001 to 2008

From $362 to $920 an ounce

http://www.nma.org/enumerate/gold/gold.htm

But U.S. gold production declines, 2001 to 2006

United States: from 335,000 kilograms to 251 kilograms

California: from 13,800 to 1,000

http://www.nma.org/pdf/g_production.pdf

Because, for example, no proposed mines in California

. Statewide, no large operations are actively mining gold, and regulators say that’s because of restrictions put into place in recent years.

A supervising planner with the Kern County Planning Department, said many companies are not applying for gold mines because of a 2002 state regulation that requires all metallic mines to be backfilled, a process in which material taken from the site to create the mine is returned to the pit.

"That was a substantial change in mining activities in the state of California, and as a result, there really are no mines that are being proposed because of that requirement," he said.

…read more

RECENT VIPR DEVELOPMENTS

> VIPR acquires the highly promising Singida Gold Concessions located in the stable confines of Tanzania, July 28, 2008. . VIPR acquired the Singida Gold Concession Property as an asset purchase for 5,543,000 restricted shares from Kinti Group Inc., a Toronto, Ontario, and Tanzanian based private company. . The property is located directly adjacent the Shanta Gold Deposit. Shanta results have thus far indicated a total gold resource in excess of 543,000 ounces, of which 330,000 ounces have been classified as a measured resource and 127,000 ounces as an indicated resource according to Shanta and GeoLogix MRC (Pty) Ltd. (at a 0g/t cutoff). . Due to the positive Shanta results and its close proximity, VIPR believes a strong potential exists for similar anomalies along its concessions. The Singida Concessions are viewed by VIPR as favorable, based upon the aerial magnetic survey which appear to highlight possible hotzones and drill targets that are expected to yield results similar too those of Shanta, eventually allowing open put mining. . Shanta has reported an indicated gold resource (an estimated in–place mineral resource for which quantity and/or grade are calculated with a degree of assurance less than that for "proven" (measured) reserves) of more than $500 million. . The Singida Concessions are classified as mining licenses, not prospecting licenses which will save time and resources as it moves forward. Mike Gerstner, President and CEO of VIPR Industries Inc. commented, "We are pleased to have acquired the assets from Kinti Group, and have high expectations for the Singida Mining Concessions as it moves towards proving an economically feasible gold deposit. . Management anticipates moving forward with a plan that will quickly allow it to develop a mining plan for the Singida Gold" Concessions ]." Mr. Gerstner further commented, " A budget and strategy is being prepared to describe the steps to be taken to explore and develop the property, for presentation to prospective financing sources.

> VIPR prepares for the OTCBB, July 23, 2008 . Has diligently complied with all Pink Sheets requirements necessary to change its designation to current issuer status to provide greater corporate transparency and disclosure. . VIPR has retained the services of accounting firm, Chisholm, Bierwolf, and Nilson to act as its independent auditor of record. The firm has been engaged to perform an audit on its year end for years 2006 and 2007, a review of its most recent quarters, and is now in the final stages of review for completion. The audit is to be used for an anticipated registration statement, expected to be filed with the Securities and Exchange Commission within the coming weeks.

Telephone: (416) 644-8648, Fax: (416) 352-5218 CEO: Mike Gerstner Web Site: http://www.viprindustries.com

State or other jurisdiction of incorporation or organization: NV Transfer Agent: Empire Stock Transfer Inc. Investor contact: info@viprindustries.com

PROPERTIES

VIPR's Singida Property

consists of 8 mining claim blocks, covering an area of approximately 73 hectares with an option for further concessions in the region. This prospect is located along strike from the Shanta Gold discovery area, and displays similar characteristics to Shanta’s newly found Gold Tree and The Jem deposits.

Gold Tree, Jem and London 1 Targets

The exploration drilling at Gold Tree and Jem has identified several relatively continuous high grade mineralized shoots along several hundred meters of strike. The Gold Tree mineralization occurs along a 350 meter strike section displaying continuity below 250 meters depth with SD257 intersecting a 4 meter wide zone averaging 6.78 g/t. The gold is hosted by sheared basaltic meta-volcanics and interflow meta-sediments and is associated with quartz veining, biotite, arsenopyrite, pyrite, and chalcopyrite mineralization.

The gold mineralization at The Jem situated 500 meters along strike from Gold Tree extends along a 600 meter strike section with down-dip continuity below 250 meters depth. Borehole 5D401 intersected spectacular mineralization with coarse native gold in quartz veins.

The exploration drilling at Gold Tree and Jem has identified several relatively continuous high grade mineralized shoots along several hundred meters of strike. The Gold Tree mineralization occurs along a 350 meter strike section displaying continuity below 250 meters depth with SD257 intersecting a 4 meter wide zone averaging 6.78 g/t. The gold is hosted by sheared basaltic meta-volcanics and interflow meta-sediments and is associated with quartz veining, biotite, arsenopyrite, pyrite, and chalcopyrite mineralization.

The gold mineralization at The Jem situated 500 meters along strike from Gold Tree extends along a 600 meter strike section with down-dip continuity below 250 meters depth. Borehole 5D401 intersected spectacular mineralization with coarse native gold in quartz veins.

Given the regional geology Kinti believes similar mineralization occurs on the company’s claim block. …read more

Itigi / Manyoni Uranium Prospect

Tanzania - 170,000 Hectares

Uranium bearing granites are known to be a source of uranium deposit both in duricrust and in sedimentary sequence. The level of erosion in these granitic rocks may have played a great role in the economic potential of uranium deposit. The deeper the level of erosion and stripping off of any high level granite differentiates; the result is the accumulation of an economical uranium deposit. The radiometric surveys in the area have identified a total of 14 u- zones in qds 141 and assigned priority for a follow-up. Most of the anomalies lie on the superficial comprising of undifferentiated soils (the kilimatinde cement).

The license area lies in a zone which has mean uranium count of 36, mean total count of 2000, high uranium count of 52, u/th ratio of 1.02 and u/k ratio of 1.53. A total four point source which is significantly high fall in the license area. Point source 141/31 of uranium count 52cps, 141/49 of uranium count of 45, 141/44 of uranium count 47 and 141/53 with uranium count of 44.

CATEGORY COMPARABLES

Ranked by market capitalization: name, symbol, market cap, trailing 12 month P/E Barrick Gold Corp. (ABX), $34bb, 31 Acquisition, exploration, and development of gold properties http://finance.yahoo.com/q?s=ABX

Newmont Mining Corp. (NEM), $21bb, loss Production of gold from its properties in the United States, Australia, Peru, Indonesia, Ghana, Canada, Bolivia, New Zealand, and Mexico http://finance.yahoo.com/q/pr?s=NEM

Kinross Gold Corp. (KGC), $12bb, 36 Mining and processing gold and silver ores with a principal focus on gold, as well as in the exploration for and the acquisition of gold bearing properties in the Americas, the Russian Federation, and internationally http://finance.yahoo.com/q/pr?s=KGC

Gold Fields Ltd. (GFI), $9bb, 22 Exploration, extraction, processing, and smelting of gold in South Africa, Ghana, Australia, and Peru. http://finance.yahoo.com/q?s=GFI

Randgold Resources Ltd. (GOLD) , $3.4bb, 75 Exploration, mining, and development of gold deposits in Africa http://finance.yahoo.com/q?s=gold

Eldorado Gold Corp. (EGO), $2.55bb, 58 Acquisition, exploration, development, and production of gold and other minerals. It holds 100% interest in the Kisladag mine, which consists of 1 operating license covering an area of 15,717 hectares and is located near Usak, Turkey; and 90% interest in the Tanjianshan mine that include 4 contiguous exploration licenses totaling an area of approximately 338 square kilometers in the Qinghai Province, China. http://finance.yahoo.com/q?s=EGO

Price earnings ratios

. Average for the above (not counting loss producing Newmont) is 44 . Average for the smallest two is 66

VIPR VALUATION METHODOLOGY & MARKET CAP POSSIBILITIES

Assumptions

(1) Reviewed in the context of advanced, new gold exploration technologies, for example http://www.newmont.com/en/operations/exploration/technology/index.asp (2) Gold extraction cost averages $238 http://en.wikipedia.org/wiki/Gold (3) So the gross margin per ounce at today’s price would be is $920 less $238, or $682 per ounce on the average, assuming the Sales, General & Administrative costs, financing costs and taxes average about $600 an ounce, the bottom line profit could be in the range of $82 an ounce, which is in line with some of the comparables. (4) VIPR outstanding shares are increased over time form 28 million to 40 million

Discussion

> If VIPR could mine 24,000 ounces per year, and with a 30 p/e multiple (in the range of the smaller comparables above). > Then the market capitalization would be in the range of $60 million > With an adjusted 40 million shares outstanding, price per share could approach $1.50

MANAGEMENT

President / CEO, Mike Gerstner . Has been a successful businessman for over 20 years and has assisted many companies as a consultant in both operations and management. His experience in business transactions, knowledge of public company structure and financings, as well as corporate governance will make him a valued asset to the company. . He oversees the Board in order that the Company’s audit controls are strictly adhered to as well as approve and implement key decisions, material expenditure, and alterations to share capital.

Chief Operating Officer, JC Barbeck . Has been instrumental in raising venture capitol for IPO vehicles and has been a consultant for various established financial institutions for over ten years. His background in business and finance in the investment industry has enabled him to secure placement in such companies as High Grows LLC, where he was in charge of sales and development for Futures and options trading. . JC Barbeck has also co-founded and was CEO of Avion Rising Inc., a private investment company that had interest in commercial real estate and acquired patents for quantum electrodynamics technology. . He has also brought together several key players and investors for various small to mid size firms. Mr. Barbeck has also been a supporter and an active fundraiser for Leading Edge Earth Products. A company within the building industry that has sold contracts to Louisiana and the state of Florida as a hurricane relief project.

Chief Financial Officer, Gabor Harsanyi . Has been operating as an entrepreneur in the business and real estate sector for over thirty years. After acquiring a degree in electrical engineering, he successfully ran a commercial and residential real estate company of over three hundred employees for five years. . He then co-launched a public company, Leading Edge Earth Products and now is responsible for distributions and holds exclusive licensing rights for all of Mexico. Mr. Harsanyi also holds proprietary ownership of a technical trading software that he co-wrote which deals with futures and options trading on the S & P and the Dow. . He has been hired by a number of banks and public companies over the years as a consultant and technical advisor. His acumen and leadership has turned companies around that were on the verge of bankruptcy through his "critical milestone" techniques. Mr. Harsanyi currently holds a black belt in Hapkido and teaches Bikrams Yoga.

IPOdesktop (ID) SAFE HARBOR STATEMENT: Statements contained in this document, including those pertaining to estimates and related plans, potential mergers and acquisitions, estimates, growth, establishing new markets, expansion into new markets and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made. ID provides no assurance as to the subject company's plans or ability to effect any planned and/or proposed actions. ID has no first-hand knowledge of management and therefore cannot comment on its capabilities, intent, resources, nor experience and makes no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company or its agent and related sources believed by ID to be reliable, but ID provides no assurance, and none is given, as to the accuracy and completeness of this information.

DISCLAIMER: The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Past performance is no guarantee of future results. This report is a paid advertisement and is for information purposes only and should not be used as the basis for any investment decision. ID has been compensated up eighty five hundred dollars from EquityAlllianceIR for preparation and posting of this report and other advertising services. This constitutes a conflict of interest as to ID’s ability to remain objective in its communication regarding the subject company. Analysts, principals, associates and employees of ID do not own or trade equities under coverage. For detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934 contact IPOdesktop, 11693 San Vicente Blvd., #350, Los Angeles, CA 90049. ID is not an investment advisor and this report is not investment advice. This information is neither a solicitation to buy nor an offer to sell securities but is a paid advertisement. Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results. The opinions contained herein reflect our current judgment and are subject to change without notice. We encourage our readers to invest carefully and read the investor information available at the web sites of the U.S. Securities and Exchange Commission (SEC) at http://www.sec.gov and the National Association of Securities Dealers (NASD) at http://www.nasd.com. The NASD has published information on how to invest carefully at its web site. Readers can review all public filings by companies at the SEC's EDGAR page.