TopNewsGuide: Viking Energy Group, Inc.’s (OTCMKTS:VKIN) Latest Acquisition Strengthens Position in ESG Space
Some of the most active companies in the space such as:
His recent news could be a catalyst that propels VKIN stock to its 2021 high (
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.
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
The all-stock 5 million share deal is next.
Two million shares at closing
Two million shares when product revenue reaches
One million additional shares when product revenue reaches
These are estimated earnings, however, the agreement protects the company if the “ozone” never reaches its potential.
VKIN “READY TO MARKET” STRATEGY
He adds that the medical service and
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:
Resorts and hotels
Research facilities and las
Cruise ships and ships
Airports and Terminals
Last year, CEI bought
The proceeds were also used to finance the license of
Details of the most recent acquisition are contained in the company’s new Form 8-K filed with the
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
More VKIN coverage: https://topnewsguide.com/2021/12/13/viking-energy-group-inc-otcmkts-vkin-helps-industry-reduce-carbon-footprint/
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