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Explanatory Note

The purpose of this Amendment No. 1 to the Annual Report on Form 10-K of Viper Powersports Inc for the period ended December 31, 2012, originally filed with the Securities and Exchange Commission (the SEC) on December 11,, 2013 (the Form 10-K), is to correct a consolidation error in the 2011 selling, general and administration amount from $3,136,316 to $3,212,118.