An investigation for investors in OTCMKTS:VKIN shares was announced concerning potential securities laws violations by Viking Investments Group and certain of its directors and officers.
Investors who purchased shares of Viking Investments Group Inc (OTCMKTS:VKIN), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on whether certain statements by Viking Investments Group regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On July 7, 2016, Viking Investments Group Inc announced the resignation of Cecile Guangfang Yang as Chief Financial Officer and a member of the Board of Directors.
On October 13, 2016, Viking Investments Group Inc announced the resignation of its independent registered public accounting firm, which stated in a letter to Viking Investments Group that: (1) it believed an illegal act may have occurred; (2) its audit report on the financial statements of Viking Investments Group as of and for the year ended December 31, 2015 and its interim review for the three-month period ending September 30, 2015 should not be relied upon; and (3) Viking Investments Group’s Form 10-Q for the three-month period ended March 31, 2016, and Form 10-Q for the six-month period ended June 30, 2016 should not be relied upon.
Shares of Viking Investments Group Inc (OTCMKTS:VKIN) closed on November 1, 2016 at $0.2 per share.
Those who purchased OTCMKTS: VKIN shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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