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VKPW FINRA deleted symbol:
http://otce.finra.org/DLDeletions
VKPW: SEC Suspension:
http://www.sec.gov/litigation/suspensions/2013/34-69678.pdf
ORDER:
http://www.sec.gov/litigation/suspensions/2013/34-69678-o.pdf
VKPW - current phone on PinkSheet:
Phone: 732-792-2437
VKPW - current address on PinkSheets:
Contact Info
370 Smithburg Road
Manalapan, NJ
United States, 07660
VKPW - Share Structure
Shares Outstanding
28,112,897 a/o Dec 31, 2006
Float
N/A
Authorized Shares
N/A
VKPW - interactive website still in place http://www.vikingpower.org
Need too find out more here .
Definitely seems like the CEO (if he is still the CEO) specializes in reverse mergers. He co-founded Jersey Boiler then reverse-merged into Viking:
bidding for more 002, the only give 5k, still in it from early ,not gonna sell this for peanuts.
LinkedIn for the CEO, Ray Mancison
http://www.linkedin.com/pub/ray-mancison/20/458/953
Website still working >>> http://www.vikingpower.org
who knows?? easy mover ,, a few mill. in volume = Multipenny for sure !!!
i wonder if it means something will happen
with this shell.
002 x004 ready to move !!!
was .02 last year end may =next week !
yep it's a clean shell with low o/s and will probably have its day if one is patient enough
I bought some today !!!
like the sharestructure!!
someone bought today
been watching this again
must be a shell now
Hey PQl whats up with vikeing, are they still doing well and is there another acquestion on the table,how can I contact these people for a update.
thanks steve
Viking Power Services, Inc. Announces Chairman of the Board
Tuesday December 11, 8:30 am ET
MANALAPAN, NJ--(MARKET WIRE)--Dec 11, 2007 -- Viking Power Services, Inc. ("Viking," "the Company") (Other OTC:VKPW.PK - News) today announced the election of Mr. Raymond F. Wright to Viking's Board of Directors. In addition, Mr. Wright will serve as Chairman of the Board and Acting Chief Financial Officer.
For the last six months, Mr. Wright has been providing advisory services to the Company and has effectively been performing duties typically associated with a Chief Financial Officer. Mr. Wright has been a vital element to developing stronger internal procedures, controls, and accounting functions. In his added capacity Mr. Wright will handle shareholder relations as well as oversee Company audits and corporate governance.
Viking CEO Ray Mancison commented, "As we continue to evolve, Ray Wright has been an increasingly valuable advisory resource, and we all felt that adding Ray Wright to our board as Chairman would be the best way to formalize his involvement and ensure that we have continued access to his vast wealth of corporate governance knowledge."
Mr. Wright is a Canadian Chartered Accountant (CA) by education and has previously served as the operational CFO of Nabisco Brands USA and International. He was instrumental in facilitating the Standard Brands, Inc. and Nabisco, Inc. merger and later left to become the CFO, CIO, and Group Vice President of Tambrands, Inc., which was later acquired by Procter & Gamble. Following his retirement from Tambrands, Mr. Wright enjoys a successful career as a consultant to select emerging companies.
Commenting on the appointment, Mr. Wright noted, "I'm very pleased to join Viking Power in a more formal relationship. As I've worked with Ray Mancison [President] and Jay Sikora [COO], I've come to understand the Viking business model and the tremendous potential there is for the services and skills that Viking can provide to the power generation industry. Together, I believe we can accomplish great things and I look forward to assisting the company to continue increasing shareholder value."
About Viking Power Services, Inc.
Viking Power Services, Inc. is an emerging company that is committed to providing a single-source solution for all maintenance and repair services within the energy provider and plant maintenance infrastructure. Through strategic acquisitions and specialized partnerships the company will continue to deliver expert repair and maintenance services to energy providers and power producers throughout the US.
Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. This press release contains forward-looking statements. The words or phrases "may," "intends," "expects," "estimate," "indicate," "plans," "anticipates," "could," "if," "will," "should" or similar expressions are intended to identify "forward-looking statements." Such statements include those concerning our expected financial performance, our corporate strategy and operational plans. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties, including: (a) our ability to obtain financing in a timely manner and on terms favorable to us, (b) our ability to completely develop our business model, (c) the amount and timing of operating costs and capital expenditures relating to the expansion of our business, (d) the successful implementation of marketing programs directed to potential customers, (e) the ability to identify, negotiate, secure, fund and close potential acquisitions, (f) the ability to identify and enter into favorable strategic alliances; (g) the marketing and sales efforts of our competitors; (h) changes in various sectors that affect our industry and (i) general economic conditions. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Viking Power cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, Viking Power does not undertake, and Viking Power specifically disclaims any obligation to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
Contact:
Contact:
Viking Power Services, Inc.
Ray Mancison
T. 732-446-2300
info@vikingpower.org
** THIS IS NOT AN OPINION TO BUY OR SELL SECURITIES. I am a compensated consultant to Viking Power and have received $6,432 cash (received from the company) plus 120,000 rule144 restricted shares (issued by the company) for consulting services and coverage on PQL Research websites. My shares are under restriction until 02/08 (30K) and 05/08 (90K) - and under Rule144 I cannot sell them until such times. Nothing I post on public message forums is to be construed as anything other than speculation, and investors are cautioned that I have an inherent bias in my viewpoints and opinions about the company. As a consultant for not only Viking Power, but for other public companies, my views and opinions do not necessarily represent the views and opinions of Viking Power, its management, or its shareholders. I am not qualified to render an investment opinion whatsoever and investors should only rely on historically-proven and factual information contained in public press releases and/or filings released by the company for accurate information and representations regarding the company.
Viking Power Services, Inc. Subsidiary Secures $800,000 Purchase Order to Provide Services to a Nuclear Industry Leader; Provides Update on Proposed Acquisition of Ocean State Technical Services
Thursday November 29, 7:00 am ET
MANALAPAN, NJ--(MARKET WIRE)--Nov 29, 2007 -- Viking Power Services, Inc. ("Viking", "the Company") (Other OTC:VKPW.PK - News), an emerging growth company that provides a single-source solution for all maintenance and repair services for the power industry, today announced that the company's American Boiler and Pipe subsidiary is currently providing services for an $800,000 purchase order received from an international nuclear energy company.
Under terms of the purchase order, American Boiler and Pipe is
providing expert welding services at one of the customer's
Pennsylvania operating facilities. These services are currently
ongoing, and to date, the Company has booked revenues of approximately $170,000 from services performed in connection with this purchase order with the project expected to be completed in 2008. The $800,000 purchase order is currently the Company's largest nuclear service request.
Viking Power Services COO Jay Sikora commented, "It is refreshing to see the nuclear power industry being revived in the US. My formal education and practical experience is rooted in nuclear power. We have always seen nuclear power as a rapid growth industry that we have been targeting. With the increase of nuclear power we can anticipate a decrease in greenhouse gas emissions."
The Company also announced that despite its best efforts, its current discussions to acquire Ocean State Technical Services have terminated at the request of the principals of OST. Ray Mancison, Viking Power Services' CEO commented, "We are disappointed that we were not able to finalize the transaction with the principals of OST. Acquisition of OST would have accelerated our penetration into the New England market. Viking had opened a Rhode Island office of American Boiler and Pipe earlier, but pending the acquisition of Rhode Island-based OST we
had put it on hold. We will continue to expand into the New England Market and reactivate our methodical growth strategy in building our New England division similar to the success of our Maryland office."
About Viking Power Services, Inc.
Viking Power Services, Inc. is an emerging company that is committed to providing a single-source solution for all maintenance and repair services within the energy provider and plant maintenance infrastructure. Through strategic acquisitions and specialized partnerships the company will continue to deliver expert repair and maintenance services to energy providers and power producers throughout the US.
http://www.vikingpower.org
Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. This press release contains forward-looking statements. The words or phrases "may," "intends," "expects," "estimate," "indicate," "plans," "anticipates," "could," "if," "will," "should" or similar expressions are intended to identify "forward-looking statements." Such statements include those concerning
our expected financial performance, our corporate strategy and
operational plans. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties, including: (a) our ability to obtain financing in a timely manner and on terms favorable to us, (b) our ability to completely develop our business model, (c) the amount and timing of operating costs and capital expenditures relating to the expansion of our business, (d) the successful implementation of marketing programs directed to potential customers, (e) the ability to identify, negotiate, secure, fund and close potential acquisitions, (f) the ability to identify and enter into favorable strategic alliances; (g) the marketing and sales efforts of our competitors; (h) changes in various sectors that affect our industry and (i) general economic conditions. Statements made herein are as of the date of this
press release and should not be relied upon as of any subsequent date. Viking Power cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, Viking Power does not undertake, and Viking Power specifically disclaims any obligation to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
Contact:
Contact:
Viking Power Services, Inc.
Ray Mancison
CEO
T. 732-446-2300
info@vikingpower.org
** THIS IS NOT AN OPINION TO BUY OR SELL SECURITIES. I am a compensated consultant to Viking Power and have received $5,139 cash (received from the company) plus 120,000 rule144 restricted shares (issued by the company) for consulting services and coverage on PQL Research websites. My shares are under restriction until 02/08 (30K) and 05/08 (90K) - and under Rule144 I cannot sell them until such times. Nothing I post on public message forums is to be construed as anything other than speculation, and investors are cautioned that I have an inherent bias in my viewpoints and opinions about the company. As a consultant for not only Viking Power, but for other public companies, my views and opinions do not necessarily represent the views and opinions of Viking Power, its management, or its shareholders. I am not qualified to render an investment opinion whatsoever and investors should only rely on historically-proven and factual information contained in public press releases
and/or filings released by the company for accurate information and representations regarding the company.
haveasamy - i apologize for being away for a bit. i didn't abandon anyone.. i accidentally removed the boardmark for this board and didn't even notice the posts here because it wasnt in my list of boards i follow. (teaches me to do housekeeping of my boardmarks late at night!)
AND the posts to me weren't replies to me -- so they didnt pop up in my inbox! make sure to reply to the original posters! =)
as to VKPW -- yes, the company is alive and well. i've been up to the offices several times in the last few months. management is fully aware that investors are waiting, more than patiently, for some new announcements - presumably on the status of the OST deal.
i can confirm that management is fully pursuing closing the OST deal, although clearly it has taken longer than expected. that happens sometimes, and instead of issuing forward-looking PRs to tide things over, the company simply elected to stay quiet.
it's frustrating, i completely agree, but probably more meaningful for the company in the long run.
my belief is that we're through the brunt of the silence. i'm looking forward to an active end of the year for viking.
** THIS IS NOT AN OPINION TO BUY OR SELL SECURITIES. I am a compensated consultant to Viking Power and have received $4,140 cash (received from the company) plus 120,000 rule144 restricted shares (issued by the company) for consulting services and coverage on PQL Research websites. My shares are under restriction until 02/08 (30K) and 05/08 (90K) - and under Rule144 I cannot sell them until such times. Nothing I post on public message forums is to be construed as anything other than speculation, and investors are cautioned that I have an inherent bias in my viewpoints and opinions about the company. As a consultant for not only Viking Power, but for other public companies, my views and opinions do not necessarily represent the views and opinions of Viking Power, its management, or its shareholders. I am not qualified to render an investment opinion whatsoever and investors should only rely on historically-proven and factual information contained in public press releases and/or filings released by the company for accurate information and representations regarding the company.
haveasamy glade to see you here, this company is making money,Im glade there are attending to bussiness rather the boards here, they should update share holders on a regular basis though,they did state intentions of going to the otcbb which would be a upgrade rather a reverse merger or acquistion, it does take at least a year to file with sec which is way too long to get this done, this is a rare penny stock that has earnings and rev, it is under the radar, vary few investors know about this and one day this will be in the dollars, just takes time, I will buy on every dip, good long term stock, just wish they would be more informative to share holders, this was a 2 dollar stock a year & 1/2 ago, they did a reverse split which took it down, hope there smart enought no to do that again as they don't need money to operate any more, no dilution here a big plus, they are making money and growing, like I said, under the radar, just got to wait for
the next big move.
Does anyone else own a few 100K shares? Maybe if we get together we can get a meeting with management to tell them to pull their heads out of their asses. I know 7 year olds that could run a company better. The actions (or should I say non-action) taken by this company are despicable. The worst thing you can do to another human being is ignore them. Congrats VKPW!
PQL,
Do you know if the execs at Viking own a good portion of the stock? I'm just trying to figure out if they have a vested interest in keeping this thing from going to zero?
hey PQL is this company going to the otcbb and are they making a good profit, what about more acqusitons, lost my shirt on phgi hope this company follows through with plans and from what I can gether, it does look good here, at least there is a big demand for there services and they are in the green and best of all is they are under the rador, not many investors know about this company especialy wall street.
haveasmany - they sure do. i've been up to their offices several times in the last month.
there's a lot of good things happening, but obviously the company hasn't historically done a lot of PR.
i dont want to see them spamming the wire by any means, but i'm fully-supportive of seeing some updates of new business, the OST acquistion, etc. i'm disappointed it's been since May (!) that we've had a press release, and i'm sure you are also.
i'm a consultant for the company and trying as best as i can to encourage more frequent updates as far as PR goes..
BUT i can assure you that viking exists, has business, has revenues, has employees, etc..
hope this helps..
** THIS IS NOT AN OPINION TO BUY OR SELL SECURITIES. I am a compensated consultant to Viking Power and have received $3,285 cash (received from the company) plus 120,000 rule144 restricted shares (issued by the company) for consulting services and coverage on PQL Research websites. I have intent to sell any non-restricted shares (both purchased and compensated), whether for a profit or a loss, at any time, and for any reason. See the PQL Research site to determine the number of compensated shares I have sold. Nothing I post on public message forums is to be construed as anything other than speculation, and investors are cautioned that I have an inherent bias in my viewpoints and opinions about the company. I am not qualified to render an investment opinion whatsoever and investors should only rely on historically-proven and factual information contained in public press releases and/or filings released by the company for accurate information and representations regarding the company.
Maybe if we are lucky they will make an announcement before the end of the year?!
PQL,
Was that you that picked up that 150 share lot today? lol...have a good weekend.
Samy
getting very cheap again. getting a cap of just over $1.3M now. granted, we're still pink and i dont expect the market to be doing any backflips over a non-reporting issuer that hasn't put out a release in a couple months, but there still is a lot of value here.
looking forward to some new updates from the company to get this thing back in play again.
meanwhile - and dont laugh - i bought a little stock down here simply because i think it's cheap. yes, a whopping 2,400 shares, but hey, every little bit helps. i would recommend zecco for people like me that dont have a ton of trading cash but simply like to pick and choose positions when stocks are cheap. no commissions mean you can buy $100 and play for that 50% profit. i've always been discouraged to see the small trader/investor get muscled out of the picture, but brokers like zecco help.
** THIS IS NOT AN OPINION TO BUY OR SELL SECURITIES. I am a compensated consultant to Viking Power and have received $3,285 cash (received from the company) plus 120,000 rule144 restricted shares (issued by the company) for consulting services and coverage on PQL Research websites. I have intent to sell any non-restricted shares (both purchased and compensated), whether for a profit or a loss, at any time, and for any reason. See the PQL Research site to determine the number of compensated shares I have sold. Nothing I post on public message forums is to be construed as anything other than speculation, and investors are cautioned that I have an inherent bias in my viewpoints and opinions about the company. I am not qualified to render an investment opinion whatsoever and investors should only rely on historically-proven and factual information contained in public press releases and/or filings released by the company for accurate information and representations regarding the company.
I wish! No, that wasn't me.
grab,
was that you that picked up the 500K shares at noon? I wish it was me!
samy
Picked some up today, at these lows you're crazy not to.
in there like swimware
Wow! nice volume...if VKPW was smart they would buy back some of their own shares at this price to use in future acquisitions.
Thanks! A 1.8M Co w/ 9M in Revs can't stay that way forever. FYI...I have increased my position to 350K shares over the past 2 weeks and am looking forward to the upcoming news.
got new outstanding - not much dilution!
this is from fidelity stock transfer:
as of this morning (compare vs 4/10/07 in ibox)
30,185,754 outstanding
25,707,379 restricted
100,000,000 authorized
outstanding - restricted = 4,478,375 float
market cap just $1.8M today.. float actually was reduced against four months ago.
** THIS IS NOT AN OPINION TO BUY OR SELL SECURITIES. I am a compensated consultant to Viking Power and have received $3,285 cash (received from the company) plus 120,000 rule144 restricted shares (issued by the company) for consulting services and coverage on PQL Research websites. I have intent to sell any non-restricted shares (both purchased and compensated), whether for a profit or a loss, at any time, and for any reason. See the PQL Research site to determine the number of compensated shares I have sold. Nothing I post on public message forums is to be construed as anything other than speculation, and investors are cautioned that I have an inherent bias in my viewpoints and opinions about the company. I am not qualified to render an investment opinion whatsoever and investors should only rely on historically-proven and factual information contained in public press releases and/or filings released by the company for accurate information and representations regarding the company.
just talked to ray with viking.
recently, a key consultant (who helped take viking public and was an integral part of its market awareness) passed away and that slowed some things down with the company.
they are operating - in fact, ray seemed very pleased with their recent business. says there are some announcements upcoming that he wasn't at liberty to share with me and we should see at least one of them before the end of the month.
i asked him about the OST acquisition and he said that some of the legal/accounting stuff took longer than what he expected, but he believed they are very close to closing it.
he's not sure about the price activity in the stock -- seemed to think a combination of traditional slow summer trading and an unusually weak market really killed interest in a lot of the smallcap stocks.
anyway, in my opinion (which is biased because i'm a consultant), although the stock is showing weakness i do not believe that it directly corresponds to any tangible or material activity of the company.
hope this helps! .. ray mentioned the company is going to try to respond to any un-responded emails - this was one of the functions of the late consultant and the company should now have that taken care of once again.
i'll call the transfer agent later and get the current share structure.
hope this helps!
** THIS IS NOT AN OPINION TO BUY OR SELL SECURITIES. I am a compensated consultant to Viking Power and have received $3,285 cash (received from the company) plus 120,000 rule144 restricted shares (issued by the company) for consulting services and coverage on PQL Research websites. I have intent to sell any non-restricted shares (both purchased and compensated), whether for a profit or a loss, at any time, and for any reason. See the PQL Research site to determine the number of compensated shares I have sold. Nothing I post on public message forums is to be construed as anything other than speculation, and investors are cautioned that I have an inherent bias in my viewpoints and opinions about the company. I am not qualified to render an investment opinion whatsoever and investors should only rely on historically-proven and factual information contained in public press releases and/or filings released by the company for accurate information and representations regarding the company.
Looking forward to the reply you get.
Still buying at these levels...zero downside risk in my opinion with a lot of upside potential. The company has still not returned any of my emails so I emailed the IR person on their website today, will post any reply I get.
Bought some more @ .13 and will keep buying if it continues to drop
This is posted on Ocean's website:
"Viking Power Services has acquired OST Services.
OSTS will continue to operate at the same location retaining current personnel.
Our future is bright! With this merger we will continue to grow and provide quality services to our customers. We are now stronger than ever with the additional resources this union has provided."
Link: http://www.ostservices.com/
Leaking lower...might be time to pick up a few more...they should be announcing the financing and acquisition of Ocean in the next two weeks...hopefully that will put some life back in the stock.
I'm not sure about getting the information. Have you called the company directly to ask about it?
Is there anyway to get the information they present at Boca?? I emailed them last year to get a copy of the presentation material but they ignored me!
Would be nice to get an update from the company soon.
Yes VKPW will have its day I would hope positive financials would make us noticed
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