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[Potse]

SBAT(.25)...acquires ownership of Viking.....

18M shares outstanding
$4.5M market cap

According to the 11/04/2011 8-K, SBAT has now acquired 100% ownership of Viking Investments Group. The 3 stock transactions that have occurred between the two parties over the last several months have resulted in what is basically a reverse merger between SBAT and Viking. The original SBAT shell (1M shares) represents about 5.5% of the new business........

As of the signing of this Agreement, VIKING will cease all its operations in China and transfer all rights, title and interest related to its business in China to SINOCUBATE and its wholly owned subsidiary, Viking Investments Group LLC (Nevada).

http://knobias.10kwizard.com/filing.php?param=&ipage=7888092&DSEQ=2&SEQ=&SQDESC=SECTION_EXHIBIT&exp=

I'm unsure of what assets/liabilities Viking has, but this agreement means that.....

1) SBAT now owns the current/future pipeline of Viking's incubation/RM/IPO projects and investments.

2) SBAT now becomes Tom Simeo's centerpiece for his consultant/investment firm business, so its ultimate success becomes extremely important to him.