Acquisition of SimsonMaxwell (Details Narrative) - USD ($) |
3 Months Ended | ||
|---|---|---|---|
Aug. 06, 2021 |
Mar. 31, 2022 |
Dec. 31, 2021 |
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| Goodwill | $ 252,290 | $ 252,290 | |
| Noncontrolling interest | 0 | ||
| Simmax Corp | |||
| Goodwill | 252,290 | ||
| Noncontrolling interest | $ 4,914,275 | ||
| Class A Common Shares purchase price | $ 3,198,936 | ||
| Class A Common Shares purchase | 1,462 | ||
| Purchase price of stock | $ 4,799,009 | ||
| Owning | 2,436 | ||
| Acquisition description | required 2/3rds majority of the Board to vote for changes in the capital budget of the company, capital expenditures in excess of $250k and other provisions generally considered to be participatory rights, which would preclude Viking from consolidating Simson |
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- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A textual description of the purchase or acquisition through business combination of an asset or business through a noncash (or part noncash) transaction. The description would be expected to include sufficient information to provide an understanding of the nature and purpose of the purchase or business combination, as well as the asset acquired and the noncash consideration given (that is, debt, stock, and so forth). Noncash is defined as transactions during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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