TopNewsGuide: Viking Energy Group, Inc.’s (OTCMKTS:VKIN) Latest Acquisition Strengthens Position in ESG Space

Viking Energy Group, Inc. (OTCMKTS: VKIN) has added a medical and biohazard waste treatment system to its portfolio of forward-looking and environmentally friendly assets. This acquisition helps the company strengthen its position as one of the leading OTC ESG stocks, if not the number one.

Some of the most active companies in the space such as: American Battery Technology Society (OTCMKTS:ABML), an environmental and ethical sourcing company that acquires resources and technologies used in electric vehicles, power grids and consumer electronics; as good as Tantech Holdings, Ltd. (OTCMKTS: TANH) an electric vehicle manufacturing and sales company; struggled to stabilize after OTC shares began to tumble in early 2021. While VKIN suffered the same price drop, the stock stabilized in its current price range.

His recent news could be a catalyst that propels VKIN stock to its 2021 high ($3.78).

The acquisition of the “OZONE” system is the third major ESG transaction that VKIN has initiated in the past few months. The other two being a renewable green diesel production facility in Reno; and carbon capture technology that creates valuable products while keeping the air clean.

viking energy is growing in a market that reached record highs in private equity last year. ESG investments reached approximately $120 billion in 2021 according to Bloomberg, more than double the $51 billion of 2020.

72% of we adults express interest in ESG (Morningstar); some analysts predict an ESG overshoot 50 trillion dollars over the next two decades (Bloomberg).

The direction of this market is clear, VKIN should be on your watch list if you are a speculative ESG investor.

ACQUISITION “OZONE” of VKIN

Viking’s acquisition of a 51% equity stake in an entity that owns the intellectual property rights to the exclusive Medical and Biohazard waste treatment system, ‘OZONE’, is the company’s entry into rapid growth $20 billion industry.

The all-stock 5 million share deal is next.

Two million shares at closing

Two million shares when product revenue reaches $10 million

One million additional shares when product revenue reaches $20 million

These are estimated earnings, however, the agreement protects the company if the “ozone” never reaches its potential.

VKIN “READY TO MARKET” STRATEGY

James DorisPresident and CEO of VKIN, said, “We are extremely pleased to pursue our strategy to continue to acquire market-ready products that demonstrate our commitment to innovation, sustainable technologies and pollution reduction. ‘carbon footprint. »

He adds that the medical service and Biohazard waste the processor is a $20 billion industry. Doris says VKIN is already in talks with potential customers in the we and abroad on the use of this technology in several places.

Doris explains that “‘OZONE’ plays a vital role in the proprietary waste treatment system as it is a ‘sterilizing’ agent. OZONE ‘shreds’ raw waste in a controlled environment and reduces its volume by 90% .”

“The associated waste is then classified as a renewable fuel for waste-to-energy (WTE) at facilities around the world. Ozone has been shown to be effective in killing bacteria, fungi and viruses,” says the press from VKIN.

THE MANY APPLICATIONS OF OZONE

“OZONE” technology will be available for safe use in the following facilities:

Hospitals

Retirement homes

Resorts and hotels

Research facilities and las

Cruise ships and ships

Military installations

Airports and Terminals

Correctional institutions

CURVATURE (NYSE: CEI), SUPPORTS VKIN ACQUISITIONS

Last year, CEI bought $11 million VKIN stock value. The proceeds of this transaction were then used to purchase approximately 60.5% of a company engaged in the manufacture of industrial engines.

The proceeds were also used to finance the license of ESG Clean Energy LLC. Additional funds from this purchase of VKIN shares went to the general working capital of VKIN.

Details of the most recent acquisition are contained in the company’s new Form 8-K filed with the SECOND.

TO TAKE WITH

ESG investments are growing rapidly, as is VKIN’s portfolio. The diversified green company is a must-have for any ESG speculative investor Watchlist.

More VKIN coverage: https://topnewsguide.com/2021/12/13/viking-energy-group-inc-otcmkts-vkin-helps-industry-reduce-carbon-footprint/

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