trader_ron
9 months ago
Globe Small Cap Research Report on Viking Energy Group ( OTCQB $VKIN ) - Summary of our Research Findings • Growth-oriented energy company focused on capturing opportunities in the power generation, clean energy and resource sectors • Building a diverse portfolio of innovative, clean energy technologies • Leading manufacturer and supplier of industrial engines, power generation products, services and custom energy solutions • Holds IP rights to a fully developed, patented, ready-formarket proprietary waste treatment system using Ozone Technology • Holds IP rights to fully developed, patent-pending, ready-for market proprietary Electrical Transmission and Distribution Open Conductor Detection Systems • Maintains interests in conventional oil assets in the MidContinent Region (USA) • IP license agreement with ESG Clean Energy, LLC regarding its patent rights and know-how related to stationary electric power generation (includes commodity production & carbon-capture features) We encourage investors to visit Viking’s website (https://www.VikingEnergyGroup.com/) for further due diligence. https://www.dropbox.com/s/oliv8lhpkp08ej6/Viking%20Energy%20Group%20Report%20March%202023%20-%20Final%20Review%20.pdf?dl=0
trader_ron
1 year ago
Globe Small Cap Research Report on Viking Energy Group ( OTCQB $VKIN ) - Summary of our Research Findings • Growth-oriented energy company focused on capturing opportunities in the power generation, clean energy and resource sectors • Building a diverse portfolio of innovative, clean energy technologies • Leading manufacturer and supplier of industrial engines, power generation products, services and custom energy solutions • Holds IP rights to a fully developed, patented, ready-formarket proprietary waste treatment system using Ozone Technology • Holds IP rights to fully developed, patent-pending, ready-for market proprietary Electrical Transmission and Distribution Open Conductor Detection Systems • Maintains interests in conventional oil assets in the MidContinent Region (USA) • IP license agreement with ESG Clean Energy, LLC regarding its patent rights and know-how related to stationary electric power generation (includes commodity production & carbon-capture features) We encourage investors to visit Viking’s website (https://www.VikingEnergyGroup.com/) for further due diligence. https://www.dropbox.com/s/oliv8lhpkp08ej6/Viking%20Energy%20Group%20Report%20March%202023%20-%20Final%20Review%20.pdf?dl=0
trader_ron
1 year ago
$VKIN - Viking Energy Group, Inc. is a growth-oriented diversified energy company. Through various majority-owned subsidiaries, Viking provides custom energy & power solutions to commercial and industrial clients in North America and owns interests in oil and natural gas assets in the United States. The company also holds an exclusive license in Canada to a patented carbon-capture system, and owns a majority interest in entities with intellectual property rights to a fully developed, patent pending, ready-for-market proprietary: (i) Medical & Bio-Hazard Waste Treatment system using Ozone Technology; and (ii) Electric Transmission and Distribution Open Conductor Detection Systems designed to detect breaks in power lines and to de-energize the lines. #energy #investors #otcmarkets #stockmarket #wallst #pressrelease #news #wastetreatmenttechnology #technology #carbon #carboncapture #electric
https://www.otcmarkets.com/stock/VKIN/profile
Louied91
2 years ago
$VKIN USA Today: Viking Energy Group’s latest technology will dramatically increase public safety
https://www.usatoday.com/story/sponsor-story/viking-energy-group/2022/03/23/viking-energy-groups-latest-technology-dramatically-increase-public-safety/7120440001/
While there are many potential causes for wildfires, poorly managed or broken electric transmission infrastructure can be one of them. So, utility companies are constantly looking for ways to proactively address that risk and make sure the modern grid is safe. One of those ways is with new, innovative technology. This is important as transmission lines are still delivering the vast majority of electricity consumed in the United States.
In February, Viking Energy Group announced it acquired a 51% interest in two entities that own the intellectual property rights to fully developed, patent pending, ready-for-market proprietary Electric Transmission and Distribution Open Conductor Detection Systems.
The systems are designed to detect a break in a transmission line, distribution line, or coupling failure, and to immediately terminate the power to the line before it reaches the ground. The technology will dramatically increase public safety and reduce the risk of causing an incendiary event and is designed to be an integral component within a much-needed, worldwide grid hardening and stability initiative by electric utilities to improve resiliency and reliability of existing infrastructure.
According to James Doris, president and chief executive officer of Viking, adoption of these technologies will ultimately provide a win-win-win and will be a gamechanger for safety across high-risk areas moving forward.
“It truly is difficult to put a monetary value on a solution that can sense a broken power line and cut the electricity flowing through the line before the wire hits the ground,” he said. “Arcing and sparking energized power lines are hazardous, and difficult to detect using traditional concepts. Unfortunately, people in places like California, Western Canada, Australia and other parts of the world are fully aware of what can happen when a downed, energized power line makes contact with the ground.”
Doris said he recognizes that there is no single magic bullet to solve the challenge of increasing wildfire risk, but this technology is a proven solution that can make a big impact moving forward.
“The damage caused by these wildfires has been catastrophic,” he said. “We have already begun discussions with major utilities in California and global equipment manufacturers for deployment. Our solution can be quickly and cost-effectively deployed in high-risk areas first, then utilized more broadly by all utility companies to help reach their grid hardening goals.”
Viking’s newly acquired products offer protective solutions for two distinct utility applications: transmission lines and distribution lines. The transmission lines solution is a software-based solution designed to be deployed within a utility's existing protection relay infrastructure, allowing the utility to protect their grid without the need for costly and time-consuming installations. The distribution line solution, known as The Line Sentinel, is fully engineered and will be introduced to the market through an internationally-recognized manufacturer and distributor of protective relay systems and other products.
Together, these two solutions can contribute to dramatically reducing the risk of wildfires and improving grid safety, protecting the public and utility stakeholders against potential disaster.
For more information on Viking Energy Group’s acquisitions and to stay informed as the technology progresses, visit vikingenergygroup.com.
Louied91
2 years ago
$VKIN Viking's Electric Transmission & Open Conductor Detection Systems Technology Founders Are Recognized Leaders in the Energy Sector
https://www.accesswire.com/689197/vikings-electric-transmission-open-conductor-detection-systems-technology-founders-are-recognized-leaders-in-the-energy-sector
Technology Founders Are Recognized Leaders in The Energy Sector
HOUSTON, TX / ACCESSWIRE / February 17, 2022 / Viking Energy Group, Inc. (OTCQB:VKIN) ("Viking" or the "Company") announced on February 15, 2022 its acquisition of a 51% interest in entities that own the intellectual property rights to fully developed, patent pending, ready-for-market proprietary Electric Transmission and Distribution Open Conductor Detection Systems designed to detect a break in a transmission line, distribution line, or coupling failure, and to immediately terminate the power to the line before it reaches the ground.
Importance of Technology
Increases the stability and reliability of the electric grid
Increases public safety as downed powerlines and electrical equipment rank as the top source of incendiary events
Replacing existing infrastructure is costly and time consuming. The technologies can be implemented at a low cost.
Advantages
The speed (i.e. half a second) within which the system can detect an open conduction and de-energize the circuit
Low-cost, in particular for the transmission line solution as there are limited labor or equipment costs.
Technology Founders
The technologies were developed by Robert Stuart and Ronald Smith, respected professionals with decades of experience in the power generation, transmission and distribution sector. Messrs. Stuart and Smith, whose backgrounds are set out below, will be leveraging their industry relationships globally to assist Viking with integration and sales efforts.
Louied91
2 years ago
$VKIN Viking Closes Joint Venture Re: Medical & Bio-Hazard Waste Treatment Technology
https://www.accesswire.com/685123/viking-closes-joint-venture-re-medical-bio-hazard-waste-treatment-technology
HOUSTON, TX / ACCESSWIRE / January 24, 2022 / Viking Energy Group, Inc. (OTCQB:VKIN) ("Viking" or the "Company") is pleased to announce it acquired on January 18, 2022 a 51% interest in an entity that owns the intellectual property rights to a fully developed, patent pending, ready-for-market proprietary Medical & Bio-Hazard Waste Treatment system using Ozone Technology (the "Ozone System"). The purchase price for the acquired interest was $5,000,000 worth of shares of Viking common stock payable as follows: (i) $2,000,000 at closing; (ii) $2,000,000 after product revenues reach $10,000,000[1]; and (iii) $1,000,000 after product revenues reach $20,000,000[2].
James Doris, President and Chief Executive Officer of Viking, commented, "We are extremely pleased to continue our strategy to acquire ready-to-market products that demonstrate our commitment to innovation, sustainable technologies and carbon footprint reduction. The medical waste treatment industry is more than $20 billion annually and growing rapidly. Proper treatment and disposal, however, of medical and bio-hazard waste has come under heightened scrutiny during these globally trying times. The industry has had limited innovation for decades. Treating biohazardous waste using ozone is the safest, most environmentally sustainable and cost-effective technology for medical waste compared to all existing alternatives. Ozone has been in use as a sterilizing agent for over 100 years with a proven operational safety and efficacy record. And finally, we are in discussions with customers in the United States and abroad with regarding the potential utilization of the technology at several locations".
This advancement in waste treatment technology is a sustainable alternative to incineration, chemical, autoclave and heat treatment of bio-hazardous waste. The OZONE technology fine shreds the raw waste in a controlled ozone environment as the first step in the waste processing treatment. The waste is reduced in volume by up to 90% and is no longer recognizable or retrievable, eliminating HIPPA violations. The treated waste is classified as renewable fuel for waste-to-energy (WTE) facilities in many locations around the world. OZONE is effective to kill all known pathogens including bacteria, fungi, and viruses.
The OZONE biohazardous waste treatment technology extracts oxygen from the ambient air and converts it to ozone using plasma ozone generators. This ozone is used to treat biohazardous waste in a very safe and controlled manner. The processing and treatment of the waste is done at room temperature, no steam or heat is required, and no by-products are produced from this system. After the treatment, any residual ozone is automatically converted back into oxygen, resulting in "zero" emissions.
StockLogistics
2 years ago
Lowest Gap is at .36, from August, , fill before V (‘22)? V- King …or… V I K, “I N” G, 22 - 9 - 11, September 11, 2022 next run?
November 10, 2021:
“The Registrant is registering an indeterminate aggregate principal amount and number of securities of each identified class of securities up to a proposed aggregate offering price of $100,000,000, which may be offered from time to time in unspecified numbers and at indeterminate prices, and as may be issuable upon conversion, redemption, repurchase, exchange, or exercise of any securities registered hereunder, including under any applicable anti-dilution provisions. In addition, pursuant to Rule 416 under the Securities Act of 1933, as amended, the shares being registered hereunder include such indeterminate number of shares of common stock and preferred stock as may be issuable with respect to the shares being registered hereunder as a result of stock splits, stock dividends or similar transactions.”
https://ih.advfn.com/stock-market/USOTC/viking-energy-qb-VKIN/stock-news/86522676/securities-registration-statement-simplified-form
Price on November 10, 2021: .77
Today: .58
Response to negative report:
https://www.businesswire.com/news/home/20211116006390/en/
SS:
Share Structure
Market Cap Market Cap
55,437,218
12/23/2021
Authorized Shares
500,000,000
12/13/2021
Outstanding Shares
98,995,032
12/13/2021
Restricted
88,690,298
12/13/2021
Unrestricted
10,304,734
12/13/2021
Held at DTC
7,724,794
12/13/2021
Float
7,613,451
05/11/2021
Par Value
0.001
Louied91
2 years ago
$VKIN Viking Energy Signs Agreement to Acquire Renewable Diesel Facility
https://www.globenewswire.com/news-release/2021/12/01/2344429/0/en/Viking-Energy-Signs-Agreement-to-Acquire-Renewable-Diesel-Facility.html
Facility Designed to Produce ~ 43,000,000 Gallons/yr. of Renewable Diesel
HOUSTON, TX, Dec. 01, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Viking Energy Group, Inc. (OTCQB: VKING) (“Viking” or the “Company”) is pleased to announce that on Nov. 18, 2021 it entered into a Membership Interest Purchase Agreement to acquire a 100% interest in a group of companies that arein the process of engineering, developing, constructing and bringing into commercial operations a processing plant located in Reno, Nevada, which is designed to produce renewable diesel (the “Plant”). The estimated production capacity of the Plant once operational is ?43,000,000 Gallons per year. The main part of the Plant is ?95% complete and there is a pre-treatment unit under construction within the Plant that is ?30% complete.
Renewable diesel fuel, sometimes called green diesel, is a biofuel that is chemically the same as petroleum diesel fuel, and is produced through various thermochemical processes such as hydrotreating, gasification, and pyrolysis. Renewable diesel is made from renewable feedstocks instead of crude oil.
Viking’s obligation to close the transaction is conditional on a number of items set out in the Membership Interest Purchase Agreement, including, without limitation Viking having obtained financing, on terms and conditions satisfactory to Viking in its sole discretion. There is no guaranty the conditions will be satisfied.
Additional details regarding the proposed transaction were included in, and the description above is qualified in its entirety by reference to the Membership Interest Purchase Agreement attached as an exhibit to, Viking’s Current Report on Form 8-K filed with the Securities and Exchange Commission (“SEC”) on November 19, 2021, and is available under “investors” – “SEC filings” at www.vikingenergygroup.com.
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