Some DD on old issues: More About VIKING RESOURCES INTERNATIONAL INC:
Form 8-K, Dated July 17, 1997 On Thursday, July 17, 1997, Viking authorized the issuance of 1,000,000 shares of its common stock to Delmar A. Janovec to complete an agreement reached on May 23, 1996 concerning a judgment against Viking under litigation filed in District Court of Wyandotte County, Case Number 95C-05349 in the amount of $250,000. The litigation and judgment arose from a dispute with Mr. Janovec in connection with an agreement signed by Viking with him whereby Viking agreed to provide 1,000,000 of its common stock as collateral for a $5.2 million loan for Mr. Janovec's company. The issuance of the shares to Janovec fully satisfied the judgment obtained against Viking. |