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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 (473)	4/12/1999 1:45:00 AM
From: john	Respond to of 588

5 to 5.62???? How do you explain the following, quite a different bid ask??? pcquote.com

To: CIMA who wrote (473)	4/12/1999 9:12:00 PM
From: Sawdusty	Read Replies (2) \| Respond to of 588

Thank you for posting that Cima. I revisited the site, hoping to get some answers to my questions, however I am now, even more confused. It is the first site in my memory that will not let you cut and paste, so I printed it out. The area that confuses me is very near the bottom of the page. Please forgive any typos or errors and if anyone needs verification, please go to the web site. vcgi.com --------------------------------- Does Viking Capital have any operating companies? Yes. 1. Viking Insurance Services, Inc. -- a marketing service and profit center, selling insurance products, specializing in the Viking Travel Plan. 2. Viking Capital Financial Services, Inc. -- providing corporate relations and financial consulting, for a fee, for private and public corporations. 3. Viking Systems, Inc. -- serving all of the company's MIS needs as a profit center, providing data-processing services for other corporate client companies. 4. Viking Administrators, Inc. and NIAI Insurance Administrators, Inc. -- serving all of the company's insurance administration needs and as a profit center by providing insurance administration services for other client insurance companies upon licensing. ------------------------------ Now that looked really great, until I thought about it. I had always assumed that an "operating" company had revenues, if not profit. Answer 1 again: 1. Viking Insurance Services, Inc. -- a marketing service and profit center, selling insurance products, specializing in the Viking Travel Plan. The word selling indicates current activity. If no revenue perhaps it should have been prefaced with shall be Answer 2 again: 2. Viking Capital Financial Services, Inc. -- providing corporate relations and financial consulting, for a fee, for private and public corporations. Now the words providing indicates a current activity, the phrase for a fee indicates revenue. If there is no current revenue I would think that the wording should have been prefaced with shall be. I went back to the 10 KSB to see if my memory was fooling me, but it clearly states: REVENUE --- I do understand that the filing was for year ending December 31, 1998 but I have seen no news release announcing sales of any description, although just getting started on my DD, I may have missed it. If my company had zero revenue last year, I would certainly jump on the first opportunity to announce any that has occurred since the last filing, regardless of how small it was. I wish to make clear that I am not an accountant, nor do I understand legalese, however I am sure that there are many more out there that may be equally confused. If I am mistaken by my interpretation, I will gladly stand corrected, however I think it would be beneficial if the company worded that section of their web site more clearly. I am sure that this is all perfectly legal, but most of us are not lawyers. The legal writing should be for SEC filings, the web site for investors. Regards, Dan