Intangible Assets Variable Interest Entity Acquisitions (VIEs) (Details Narrative) - USD ($) |
1 Months Ended | |||
---|---|---|---|---|
Feb. 09, 2022 |
Jan. 14, 2022 |
Jan. 31, 2022 |
Jan. 18, 2022 |
|
Ownership interest acquired percentage | 51.00% | |||
Securities purchase agreement term description | Viking entered into a Securities Purchase Agreement to purchase (the “Purchase”) 51 units, representing 51%, of Viking Ozone , from Choppy Group LLC | |||
Ownership interest acquired units | 100 | 51 | ||
No. of VKIN Pref. Shares | 8,333,333 | |||
Ownership interest remained units | 49 | |||
Fair value of acquired stock | $ 2,000,000 | |||
Ownership interest remained percentage | 49.00% | |||
Vigra [Member] | ||||
Ownership interest acquired percentage | 51.00% | |||
Securities purchase agreement term description | Viking entered into a Securities Purchase Agreement to purchase (the “Purchase”) 51 units, representing 51% of Viking Sentinel, from Virga Systems LLC, a Wyoming limited liability company (“Virga”), in consideration of the issuance of 416,667 shares of Viking common stock to Virga. Viking Sentinel was formed on or about January 31, 2022, and Virga was issued all 100 units of Viking Sentinel in consideration of Virga’s assignment to Viking Sentinel of all of Virga’s intellectual property and intangible assets, including patent rights, know-how, procedures, methodologies, and contract rights in connection with an end of line protection with trip signal engaging for distribution system, and related patent application(s). | |||
Ownership interest acquired units | 51 | |||
No. of VKIN Pref. Shares | 416,667 | 8,333,333 | ||
Jedda [Member] | ||||
Ownership interest acquired percentage | 51.00% | |||
Securities purchase agreement term description | Viking entered into a Securities Purchase Agreement to purchase (the “Purchase”) 51 units (the “Units”), representing 51% of Viking Protection Systems, LLC (“Viking Protection”), from Jedda Holdings LLC (“Jedda”). In consideration for the Units, Viking agreed to issue to Jedda, shares of a new class of Convertible Preferred Stock of Viking with a face value of $10,000 per share (the “Preferred Shares”) | |||
Ownership interest acquired units | 51 | 100 | ||
No. of VKIN Pref. Shares | 475 | |||
Face value of Convertible Preferred Stock | $ 10,000 | |||
On Closing [Member] | Choppy [Member] | ||||
No. of VKIN Pref. Shares | 3,333,333 | |||
On Closing [Member] | Open Conductor Detection Technologies [Member] | Jedda [Member] | ||||
No. of VKIN Pref. Shares | 0 | |||
On Closing 1 [Member] | Open Conductor Detection Technologies [Member] | Jedda [Member] | ||||
No. of VKIN Pref. Shares | 475 | |||
Upon The Sale Of 10K Units [Member] | Open Conductor Detection Technologies [Member] | Jedda [Member] | ||||
No. of VKIN Pref. Shares | 100 | |||
Upon The Sale Of 20K Units [Member] | Open Conductor Detection Technologies [Member] | Jedda [Member] | ||||
No. of VKIN Pref. Shares | 200 | |||
Upon The Sale Of 30K Units [Member] | Open Conductor Detection Technologies [Member] | Jedda [Member] | ||||
No. of VKIN Pref. Shares | 300 | |||
Upon The Sale Of 50K Units [Member] | Open Conductor Detection Technologies [Member] | Jedda [Member] | ||||
No. of VKIN Pref. Shares | 400 | |||
Upon The Sale Of 100K Units [Member] | Open Conductor Detection Technologies [Member] | Jedda [Member] | ||||
No. of VKIN Pref. Shares | 600 | |||
Upon 5 Unit Sold [Member] | Choppy [Member] | ||||
No. of VKIN Pref. Shares | 3,333,333 | |||
Upon 10 Unit Sold [Member] | Choppy [Member] | ||||
No. of VKIN Pref. Shares | 1,666,667 |