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Re: tomsimeo post# 54

Tuesday, 06/26/2012 12:29:55 PM

Tuesday, June 26, 2012 12:29:55 PM

Post# of 829
tomsimeo...encouraging activity/developments.....

Based on the changes in content and language on SBAT's website and other related social media sites in the last 1-2 weeks, it appears to me that what is basically a full reverse merger of Viking Investments Group into Sinocubate (SBAT) has now been completed. Have all assets/liabilities and all global operational activities of Viking Investments Group now been transferred to SBAT?

I am hoping that is indeed the case, because in my opinion the "bits and pieces" kind of approach that has been taken up to this point has been needlessly confusing and frustrating from a retail investor standpoint. I realize that changing market conditions and other factors may have played a role in all of this, but it would have been nice to just see a relatively simple straight-forward reverse merger between SBAT and Viking right from the start.

I am assuming that you are waiting for the stock symbol change to take place before there is an increased amount of news flow, but hopefully in any upcoming press releases and the next 1-2 quarterly reports you can provide a very clear and detailed status of SBAT.

Some items I would like to see addressed relatively soon include.....

1) Updated, fully-diluted share structure following any transactions related to the transfer of these additional Viking assets/operations to SBAT. Also, any anticipated additional dilution or debt that might be associated with this transfer.

2) If there remains any part of Viking Nevis that hasn't been transferred, it needs to be fully disclosed and explained. Any current or anticipated/potential future relationship/agreements between SBAT and Viking Nevis (or parties related to Viking Nevis) need to be fully disclosed and explained.

3) Exact nature of and the reason for the establishment of a Series C preferred shares.

http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=1PiUL4VzUawEuEobAeh4Rw%253d%253d&CorpName=VIKING+INVESTMENTS+GROUP%2c+INC.

4) Any information related to the private placement you are preparing to do (as per SBAT's Facebook page, April 19).

We are currently preparing a Private Placement Memorandum (PPM), enabling investors to invest directly in our company, to be used for our expansion and increased operation.



http://www.facebook.com/pages/Viking-Investments/170209863067601?sk=wall










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