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Microcap & Penny Stocks : Viking Resources (VIKG) -- Ignore unavailable to you. Want to Upgrade?

To: Linda Kaplan who wrote (714)	4/29/1999 2:45:00 PM
From: D J Katich	Read Replies (3) \| Respond to of 738

Linda: Looks like VIKG is about ready to roll out its new FBO in NJ. See story, below. I think the stock will run up to the 1.25 range by June. Just guesssing, however, based up the tape and how this stock has historically run. I bought in over a year ago based upon speculation of the Europe steel purchase deal (that never happend). I had an open market order (placed when stock was at .80) that did not fill until two days later at $1.30. No one was selling. May see some of that here. More buyers than sellers. But who knows??? -------------- Viking Resources International Inc. Announces Expected Opening of Executive JetPort of New Jersey Inc. by May 10, 1999 Business Wire - April 27, 1999 14:16 TAMPA, Fla.--(BUSINESS WIRE)--April 27, 1999--Viking Resources International Inc. (OTC BB:VIKG), Thomas E. Patterson, chairman and CEO, announced Tuesday that Executive JetPort of New Jersey Inc. (EJP), a subsidiary of Viking Resources International Inc., will be opening its Fixed-Based Operation (FBO) facility by Monday, May 10, 1999. Since obtaining leasing rights to a 27-acre former US Navel Jet Propulsion base at Trenton-Mercer airport in New Jersey, the management of EJP has spent the last few months securing a DPA/EPA operational approval license (DIFF No. 110200119002), for its 450,000 gallon jet fuel farm. EJP has met and was approved under N.J.A.C. 7:1e-4.3(a)7 and 4.10. We are now in the final stages of remodeling the main terminal and assisting the county of Mercer with the installation of the new water supply system needed for operations. Thomas E. Patterson stated: "EJP is at the forefront of aviation with this state of the art facility. The facility not only brings a wonderful addition to Viking, but also develops an employment base in an area that has been besieged by plant closings. All areas of government have been most supportive of this project and have lent many a helping hand for this anxiously anticipated opening." The company provides jet fueling, storage, maintenance and repair, along with many other Fixed-Based Operation services to the commercial and corporate aviation industry. Upon opening, EJP will be announcing numerous sizeable fuel, maintenance and storage contracts with both commercial and corporate parties. In addition, EJP along with Viking are in negotiations with other FBO acquisitions, that will give them a national presence for fuel sales, maintenance and aircraft sales. In addition, Viking will be holding a conference call on Monday, May 10 to give investors an opportunity to discuss EJP. In order to be placed on the call, investors must RSVP with number below no later than Friday, May 7. Viking Resources International Inc. is a diversified holding company with a primary focus of expansion through acquisitions and development within the aviation industry. Except for any historical information presented, the matters discussed in this release are forward looking statements and are subject to risks and uncertainties that could cause actual results to differ materially. CONTACT: Viking Resources International Inc., Tampa Eric Estoos, 877/786-7885