BNET Industries

Viper Powersports Inc.

(VPWS) is in the Manufacturing Industry

Market Cap:$9.8M
Last Fiscal Year Sales:$178.7K
  • Public
  • US
Dow Jones Description

Viper Powersports (Ticker: VPWS) is engaged in developing, manufacturing and marketing a line of high performance premium motorcycles, which are sold under our "Viper" brand and high-performance V-Twin engines. The Diablo motorcycle is an American made heavyweight bike within the popular custom "cruiser" class, which is dominated by Harley-Davidson and "clone" manufacturers such as Big Dog Motorcycles, American IronHorse Motorcycle, and Bourget Bike Works. The Diablo is powered by our proprietary 152 cubic inch V-Twin engine.

Co-Founder and Chief Executive OfficerJohn R Silseth
Number of Employees 2
Contact Information

1500 Rand Tower

527 Marquetts Ave

Minneapolis, Minnesota 55402

viperpowersport...

612-333-1313

NAICS Code Motorcycle, Bicycle, and Parts Manufacturing: 336991

News & Analysis

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viper powersports inc. - All News and Analysis

  • Viper Diamondback 152 Motorcycle Sales Exceed Company Expectation

    - 2009-06-25

    Viper Motorcycle Company (OTCBB: VPWS), asubsidiary of Viper Powersports Inc., announced today the successful retailsales of its Viper Diamondback motorcycles. Terry Nesbitt, President, ViperMotorcycle Company, elaborates, "Retail sales are well ahead of projectionsand growing at a pace to meet and exceed our expectations, and dealers areclamoring for more." Rick Fairless,...

  • Viper Motorcycle Company Enters Into Engine Agreement With Ilmor Engineering, Inc.

    - 2009-05-26

    Viper Motorcycle Company, a subsidiary of ViperPowersports Inc. (OTCBB: VPWS) and Ilmor Engineering, Inc., today announceda joint venture to develop the exciting Viper 152 cubic inch V-Twinmotorcycle engine. The all polished billet engine was designed specificallyfor Viper Motorcycles and is currently used exclusively in the all newDiamondback Super Cruiser. Viper...

  • Vroom...Vroom, Viper Motorcycle Company Featured in MinnesotaBusiness Magazine

    - 2009-05-01

    Viper Motorcycle Company, a wholly ownedsubsidiary of Viper Powersports Inc. (OTCBB: VPWS), announced today that itis featured in an article in the May 2009 edition of MinnesotaBusinessMagazine. The article is also featured on the MinnesotaBusiness websiteat: www.minnesotabusiness.com . Viper Powersports designs, produces and markets through an independentdealer network...

  • Viper Motorcycle Company Announces New Dealers and 2009 Shipments

    - 2009-04-16

    Viper Motorcycle Company (OTCBB: VPWS), awholly owned division of Viper Powersports, announced today that it hassigned an initial dealer network. According to Terry Nesbitt, President ofViper Motorcycle Company, "We are very pleased and excited to introduce aquality group of dealers that are truly industry leaders. Among the newdealers is Rick...

  • Viper Motorcycle Company Announces Dealer Flooring Program and CARB Certification

    - 2009-04-03

    Viper Powersports Finance (OTCBB: VPWS), anewly created division of Viper Powersports Inc., announced today that ithas secured funds necessary to offer floor plan financing for proprietarymotorcycles to qualified dealers. John Silseth II, Viper Powersports CEO,stated, "Providing in-house financing is an exciting powerful tool for usand our dealers. We're all...

  • Viper Motorcycles Obtains EPA Approval

    - 2008-12-18

    Viper Motorcycle Company (OTCBB: VPWS), awholly owned subsidiary of Viper Powersports Inc., announced today that itis now EPA approved. John Silseth II, Viper Powersports CEO, stated, "We have received our EPAcertificate and have successfully completed our CARB testing for approvalin all 50 states. During testing, we knew the Viper 152...

  • Viper Motorcycles Moves to Hopkins, MN Facility

    - 2008-10-14

    (OTCBB: VPWS) Viper Motorcycle Company, awholly owned subsidiary of Viper Powersports Inc., announced that it hassuccessfully bought out its Big Lake, MN facility lease and has moved intoa new state-of-the-art facility located at 10895 Excelsior Blvd. Suite 203Hopkins, MN 55343. John Silseth II, CEO, stated, "After many years of developing...

  • Viper Motorcycle Company Scores a Homerun With the World Softball League

    - 2008-07-02

    Viper Motorcycle Company, a wholly ownedsubsidiary of Viper Powersports, Inc. (OTCBB: VPWS) in Big Lake, Minnesota,has announced a joint promotional deal involving the Long Haul Bombers ofthe World Softball League in joining them on "THE Power Stadium Tour." Viper has announced they are awarding a brand new, custom 2008 ViperChopper...

  • Viper Motorcycle Company Announces American Iron Magazine Has Selected the Viper Diamondback as Its Cover Bike for the Annual Buyers' Guide

    - 2008-06-26

    Viper Motorcycle Company, a wholly ownedsubsidiary of Viper Powersports Inc. (OTCBB: VPWS), announced today thatAmerican Iron Magazine recently selected Viper's Diamondback Series Modelas its bike of choice for its annual BUYERS' GUIDE. The Buyers' Guide wasreleased June 17, 2008. They carry one of the largest subscription totals of all Harley...

  • Viper Motorcycle Company's Diamondback Series Motorcycle to Be Reviewed in May Issue of "American Iron Magazine"

    - 2008-03-20

    Viper Motorcycle Company, a wholly ownedsubsidiary of Viper Powersports Inc. (OTCBB: VPWS), announced today that"American Iron Magazine" recently completed a "Ride Review" of Viper'sDiamondback Series of motorcycles, installed with the proprietary 152 cubicinch all billet short stroked engine. The article will be included in the magazine's upcoming May issue, whichwill...

Decision Makers

Name (plus bio) Position
John R Silseth Co-Founder and Chief Executive Officer
John Lai President
Terry Nesbitt President
Jerry Posey Executive Vice President and Chief Financial Officer
Peter J Anton Chief Financial Officer
Duane Peterson Founder of Peterson
Al Melling Technical Director
Robert O. Knutson Director
Robert Vandenberg Director

Board of Directors

Name (plus bio) Position
John Wyckoff Board of Directors
Randy R Simpson Board of Directors

Mr. Silseth has been the Managing Director of Racing Partners Management, Inc., a motorsports industry management consulting firm. Past clients have included Norton Motorcycles, MuZ, Brainerd International Raceway, MGA Engineering, Melling Consultancy Design and March Group PLC.

Organization Position Status
Viper Powersports Inc Co-Founder and Chief Executive Officer Current
Performance Inc. Managing Director Current
Viper Motorcycle Co. Managing Director Current
Viper Powersports Inc Managing Director of Viper Motorcycle Company and Viper Performance Inc. Former
Organization Position Status
Viper Powersports Inc President Current
Viper Powersports Inc Board of Directors Current
Viper Motorcycle Co. Vice President of Corporate Development Former
Viper Motorcycle Co. Director Former
Organization Position Status
Viper Powersports Inc President Current
Viper Powersports Inc Vice President Current
Viper Powersports Inc Director Current

Mr. Posey brings 25 years of senior level finance experience serving as Vice President of Finance and CFO for a number of companies in diverse industries such as manufacturing, service and retail. Mr. Posey also served as the CFO for a start up company manufacturing a drug delivery device for the dental industry.

Organization Position Status
Viper Powersports Inc Executive Vice President and Chief Financial Officer Current
Viper Powersports Inc Controller & Treasurer Current
Viper Powersports Inc Principal Financial Officer Current
Viper Powersports Inc Treasurer Current
Organization Position Status
Viper Powersports Inc Chief Financial Officer Current
Viper Powersports Inc Principal Financial Officer Current
Organization Position Status
Viper Powersports Inc Founder of Peterson Current
Viper Powersports Inc Director Current

Technical Director for Viper Motorcycle Company and Viper Performance Inc. Al Melling is the Technical Director for viper Motorcycle Company and Viper Performance Inc. Mr. Melling, founder of Melling consultancy Design (MCD), has thirty eight years of automobile, formula one and motorcycle engine development and testing experience. Based in Rochdale, Lancashire, England, Mr. Melling designed the super powerful TVR V8 engine. Other design work include the F1 engine for the Lola race team, Jaguar (XJ-220, a $750K exotic super car), GM, Porsche, Renault, Ferrari, Lamborghini, Alfa Romeo, march formula 1, Indian Motorcycle, Triumph, Viper Motorcycle and numerous Japanese super bike manufacturers.

Organization Position Status
Viper Powersports Inc Technical Director Current
Motorcycle.Com Technical Director Current
Indian Motorcycle Co Current
Viper Motorcycle Co. Current
Rolls Royce Businessman Former
Volkswagen Ltd Former
Organization Position Status
Viper Powersports Inc Board of Directors Current
Organization Position Status
Viper Powersports Inc Board of Directors Current
Organization Position Status
Wind Energy America, Inc. Board of Directors Current
Viper Powersports Inc Director Current
Wind Energy America, Inc. CEO & Cfo Former
Dorsey & Whitney Llp Associate Attorney Former
Organization Position Status
Comstrand Inc Owner Current
Viper Powersports Inc Director Current
Comstrand Inc Chief Executive Officer Former
Viper Motorcycle Co. Director Former

Executive News

  • Viper Diamondback 152 Motorcycle Sales Exceed Company Expectation

    Reuters - 6/25/09 - View Story

  • Viper Diamondback 152 Motorcycle Sales Exceed Company Expectation

    Market Wire via MSN Money - 6/25/09 - View Story

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     VPWS $0.47 -0.03 (-6.00% )
Average Volume 20,038
Shares Outstanding 32.93M
Market Cap 15.5M
Year High 0.52
Year Low 0.11
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

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