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.
