| Business Summary | | Viking
Capital
Group,
Inc.
was
originally
formed
to
obtain
capital,
and
to
seek
out,
investigate
and
acquire
interests
in
new
products,
properties
or
businesses.
The
Company
is
a
development
stage
company
that
has
developed
a
comprehensive
multi-step
plan
to
become
an
application
service
provider
for
banks,
insurance
companies
and
brokerages
and
provide
specialized
administration
services
for
insurance
companies
and
to
acquire
a
base
of
insurance
managed
assets
under
the
Company's
management.
The
Company's
primary
objective
is
to
provide
administration,
data
processing,
product
development
and
management
consulting
services
to
businesses,
particularly
banks
and
insurance
companies
and
to
build
its
own
insurance
managed
assets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Viking
Capital
Group,
Inc.
is
a
development
stage
company
that
is
working
to
provide
insurance
administrative
services,
corporate
relations
services
and
to
purchase
insurance
managed
assets.
For
the
six
months
ended
6/30/01,
the
Company
reports
no
revenue,
vs.
$16
thousand.
Net
loss
rose
7%
to
$763
thousand.
Revenues
reflect
the
absence
of
the
sales
of
Video
Conferencing
PCs.
Higher
loss
reflects
increased
depreciation
and
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Fossen, 62 Chairman,
CEO | $45K | Matthew Fossen, 35 Pres,
Director | 33K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|