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Business
6 Months Ended
Jun. 30, 2011
Notes to Financial Statements  
Business

NOTE 1 - Business

 

Description of Business

 

Juniper Group, Inc. (“Juniper” or the “Company”) is a corporation incorporated in the State of Nevada in 1997. The Company’s business is primarily focused on wireless infrastructure services operated through two wholly-owned subsidiaries of Juniper Entertainment, Inc., a wholly-owned subsidiary of the Company.

 

Wireless infrastructure services

 

The Company’s wireless infrastructure services operating subsidiaries provide wireless infrastructure services by providing broadband connectivity services for wireless telecommunication networks.

 

The Company commenced a lawsuit against Michael Brown, Donald Johnson, William Furdock, Shanna Smith, Timothy Downs, and Thomas Nyiri, (“Michael Brown et. al.” or “Defendants”) former employees of Ryan Pierce Group, Inc. in the second quarter 2010. The lawsuit alleges that the defendants solicited the Company’s customer while still in the employ of the Company used fraud as a means to cause a mass defection of work crews from its subsidiaries, intentionally damaged the Company’s reputation with its largest customer, misappropriated equipment and abandoned work in progress.  Defendants moved for partial summary judgment and certain of the claims were dismissed, while the remaining claim of tortuous interference with the Company’s contractual relationship with its principal client will proceed to discovery and trial. The grant of partial summary judgment is being appealed. The lawsuit alleges that as a result of the alleged wrongful acts of defendants, the Company’s relationship with its principal client was severely damaged and the Company has experienced a severe reduction in its wireless infrastructure services revenue and extensive loss of business from major customers beginning in the second half of 2010 thru 2011.

 

Our mission is to try to reestablish our presence in the marketplace and rebuild business relationships with our customers in order to be able to support the demand in the deployment of wireless/tower system services with leading wireless telecommunication companies and in providing them with maintenance and repairs and upgrading of wireless telecommunication network sites in the coming years.