TSXV:EFV.H - Post by User
Comment by
Stoogeon Oct 23, 2014 4:31pm
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Post# 23056062
RE:A Short History of the Viking by U.S SEC - June 30, 2014
RE:A Short History of the Viking by U.S SEC - June 30, 2014rhysler wrote: VIKING INVESTMENTS GROUP, INC.
Notes to Consolidated Financial Statements
(Amounts expressed in US dollars)
Note 1. Nature of Business and Going Concern
The Company was incorporated under the laws of the State of Florida on May 3, 1989 as Sparta Ventures Corp. and remained inactive until June 27, 1998. The name of the Company was changed to Thermal Ablation Technologies Corporation on October 8, 1998 and then to Poker.com, Inc. on August 10, 1999. On September 15, 2003, the Company changed its name to Legal Play Entertainment Inc. and on November 8, 2006, the name of the Company was changed to Synthenol Inc. Effective November 3, 2008, the Company merged with and into a wholly-owned subsidiary, SinoCubate, Inc., which remained the surviving entity of the merger. SinoCubate, Inc. was formed in the State of Nevada on September 11, 2008. The merger resulted in a change of name of the Company from Synthenol Inc. to SinoCubate, Inc. and a change in the state of incorporation of the Company from Florida to Nevada. On June 13, 2012, the Company changed its name to Viking Investments Group, Inc., and effective July 16, 2012, the Financial Industry Regulatory Authority (“FINRA”) approved this name change, and the Company’s ticker symbol was changed to “VKIN.”
Even worse than all those name changes is the amount of consolidation of the shares.
On 2006-12-18 the company did a 1 for 50 roll back and in the prior years it added up to 1 for 18.
That makes for 1 new share for every 900 owned in the beginning.
Tanager is due a 1 for 10 roll back as a first step to reviving the company