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Microcap & Penny Stocks : Viking Capital Group, VGCP- Internet play on the move! -- Ignore unavailable to you. Want to Upgrade?


To: CIMA who wrote (541)6/24/1999 6:06:00 PM
From: Sawdusty  Read Replies (1) | Respond to of 588
 
Interesting Cima.

I went to the website and listened to some of the interview. I admit however, to being distracted by the statement at the top of the page that indicated the original interview took place on January 28, 1999. Perhaps I read the release incorrectly, but my impression was that the interview was going to contain new info.

Is this the first time that the broadcast has been available to investors, or potential investors?

Or is it a rehash?

While listening I scrolled, a long way, to the bottom of the page and was surprised to see the disclaimer.

IMPORTANT NOTICE

Copyright © 1997-1999 Wall Street Reporter Magazine, Inc.. All rights reserved. Reproduction in part or in whole is strictly forbidden, except by written consent. Linking to Interviews is prohibited without express written permission of the publisher.

This is not a solicitation to buy or sell securities. Information in this Article,or Interview contains forward looking statements which involves risks and uncertainties. Actual results can differ from those discussed herein. Information contained here has not been independently verified for completeness, or accuracy and is not meant to offer a complete analysis of the companies financial condition Disclosure in compliance with the Securities and Exchange Commission's 1933 Act Rule 17b: The company has purchased from Wall Street Reporter Magazine, Inc. and or its affiliates, for $4,850 a financial media program which usually includes the following: re-publication of this interview/article in Wall Street Reporter Magazine, hardcopy reprints of interview, server hosting of audio content, and related graphics/programming services on wallstreetreporter.com, and other media services.If payment has been issued in shares of stock of the Company so retaining the services, Wall Street Reporter Magazine will liquidate said stock when they deem it appropriate to do so. Such liquidation may have a negative impact on the securities of the Company so being sold.


Certainly nothing wrong with paying for a bit of publicity, but I admit to losing interest after seeing that it was 6 months old, and paid for. I guess it does not matter, but I am curious if they paid by cash or shares?

Regards,




To: CIMA who wrote (541)6/24/1999 9:34:00 PM
From: Sawdusty  Read Replies (1) | Respond to of 588
 
Hi again Cima.

I had a little extra time on my hands tonight, rather unusual these days. Don't you hate it when a day job gets in the way of a hobby? <gg>

The news release and interview caught my interest, it sure seemed positive because of the way it was presented. Thinking that I had missed something pertinent during the last couple of months I decided to have a quick look.

Anyway, to get back on topic, I checked for new SEC filings. I admit to having difficulty rationalizing the following statement from todays news release.

About Viking Capital Financial Services

VCFS provides capital services for Viking subsidiaries and to Viking's corporate customers. VCFS provides Viking's corporate customers such as banks and insurance companies with financial consulting, restructuring and capital services that have a need
for these services because of extensive growth after outsourcing various services to Viking's subsidiaries.


Sure do not mean to beat a dead horse, but here I am having problems with the wording again. Keep in mind that I am terrible with the english language, probably even worse with numbers, but the first thing that comes to mind when I read the word provides is that it is current. When I read that someone provides financial consulting, restructuring and capital services I immediately think of revenue... after all, who ever heard of a consultant that worked for free?

I thought, wow, things are picking up. Then I observe the following from the latest 10QSB:

Revenue for the 3 months ending March 31, 1999 was zero, the same as for the 3 months ending March 31, 1998, the same as for the whole year ending 1998.
sec.gov

How can a company supply these services and have absolutely no revenue? If anyone can shed some light on this subject, I would sure appreciate it.

Regards,