Quarterly report pursuant to Section 13 or 15(d)

Acquisition of SimsonMaxwell (Details Narrative)

v3.22.2
Acquisition of SimsonMaxwell (Details Narrative) - USD ($)
3 Months Ended 6 Months Ended
Aug. 06, 2021
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Goodwill   $ 252,290   $ 252,290   $ 252,290
Noncontrolling interest   (188,349) $ 0 (548,854) $ 0  
Simmax Corp            
Goodwill   $ 252,290   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.