Ann: Market Update, page-2

although most of the market update was pretty negitive given the court case and sale falling thru, the was a little somthing at the end of it worth mention.

Acquisition and Investment OpportunitiesThe Company has reviewed numerous opportunities in relation to a potential strategic acquisition or investment by the Company. The directors want to ensure that before an acquisition is put to shareholders, it is considered to be in the best interests of shareholders and suitable for an entity such as Viking. The directors are continuing preliminary discussions (some which are on an exclusive basis) in relation to a number of these opportunities.

kind of contradictory this part, it says directors are in preliminary discussions, which i take as intial or the start of discussions, but then says on a exclusive basis, which to me would be more at the advanced stages of a discussion.

hopefully its a decent aquistion for those long term holders here.