Sec Form 13G Filing - Caruso Troy Andrew filing for VIKING ENERGY GROUP INC NE (VKIN) - 2021-11-22

Viking Energy Group, Inc.

(Name of Issuer)

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

1.

NAME OF REPORTING PERSON

Troy Caruso

IRS IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐

(b) ☐

3.

SEC USE ONLY

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF

SHARES BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH:

5.

SOLE VOTING POWER

Radium2 Capital, LLC beneficially owns 2,841,481 shares of common stock of Viking Energy Group, Inc. Troy Caruso indirectly owns 95.9% and controls Radium2 Capital, LLC. Radium Asset Management, LLC owns 1,184,267 shares of common stock of Viking Energy Group, Inc. Troy Caruso owns 100% of Radium Asset Management, LLC and controls Radium Asset Management, LLC. Troy Caruso owns 1,195,854 shares of common stock of Viking Energy Group, Inc. Axe Capital Solutions, Inc. beneficially owns 242,224 shares of common stock of Viking Energy Group, Inc. Troy Caruso owns 50.00% of Axe Capital Solutions, Inc., but has the authority to vote all of such shares that Axe Capital Solutions, Inc. owns. Troy Caruso, Inc. beneficially owns 196,562 shares of common stock of Viking Energy Group, Inc. Troy Caruso owns 100% of Troy Caruso, Inc. and controls Troy Caruso, Inc.

6.

SHARED VOTING POWER

Not Applicable.

7.

SOLE DISPOSITIVE POWER

Radium2 Capital, LLC beneficially owns 2,841,481 shares of common stock of Viking Energy Group, Inc. Troy Caruso indirectly owns 95.9% of Radium2 Capital, LLC, but has the authority to sell or transfer all of such shares that Radium2 Capital, LLC owns. Radium Asset Management, LLC owns 1,184,267 shares of common stock of Viking Energy Group, Inc. Troy Caruso owns 100% of Radium Asset Management, LLC and has the authority to sell or transfer all of such shares that Radium Asset Management, LLC owns. Troy Caruso owns 1,195,854 shares of common stock of Viking Energy Group, Inc. Axe Capital Solutions, Inc. beneficially owns 242,224 shares of common stock of Viking Energy Group, Inc. Troy Caruso owns 50.00% of Axe Capital Solutions, Inc., but has the authority to sell or transfer all of such shares that Axe Capital Solutions, Inc. owns. Troy Caruso, Inc. beneficially owns 196,562 shares of common stock of Viking Energy Group, Inc. Troy Caruso owns 100% of Troy Caruso, Inc. and has the authority to sell or transfer all of such shares that Troy Caruso, Inc. owns.

8.

SHARED DISPOSITIVE POWER

Not Applicable.

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

5,660,388

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES:

☐

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9:

5.55%

12.

TYPE OF REPORTING PERSON

IN

ITEM 1:

(a)

Name of Issuer:

Viking Energy Group, Inc..

(b)

Address of Issuer’s Principal Executive Offices:

15915 Katy Freeway, Suite 450

Houston, Texas 77094

ITEM 2:

(a)

Name of Person Filing:

Troy Caruso

(b)

Address of Principal Business Office, or, if None, Residence:

28 Garfield Avenue

Bayshore, NY 11706

(c)

Citizenship:

United States

(d)

Title of Class of Securities:

Common Stock

(e)

CUSIP Number:

926795105

ITEM 3:

If this Statement if Filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:

☐

a.

Broker or dealer registered under Section 15 of the Exchange Act.

☐

b.

Bank as defined in Section 3(a)(6) of the Exchange Act.

☐

c.

Insurance company as defined in Section 3(a)(19) of the Exchange Act.

☐

d.

Investment company re gistered under Section 8 of the Investment Company Act.

☐

e.

An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)

☐

f.

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F)

☐

g.

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G)

☐

h.

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act

☐

i.

A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act

☐

j.

Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

ITEM 4:

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)

Amount beneficially owned: 5,660,388

(b)

Percent of class: 5.55%

(c)

Number of shares as to which such person has:

(i)

Sole power to vote or to direct vote:

Radium2 Capital, LLC beneficially owns 2,841,481 shares of common stock of Viking Energy Group, Inc. Troy Caruso indirectly owns 95.9% and controls Radium2 Capital, LLC. Radium Asset Management, LLC owns 1,184,267 shares of common stock of Viking Energy Group, Inc. Troy Caruso owns 100% of Radium Asset Management, LLC and controls Radium Asset Management, LLC. Troy Caruso owns 1,195,854 shares of common stock of Viking Energy Group, Inc. Axe Capital Solutions, Inc. beneficially owns 242,224 shares of common stock of Viking Energy Group, Inc. Troy Caruso owns 50.00% of Axe Capital Solutions, Inc., but has the authority to vote all of such shares that Axe Capital Solutions, Inc. owns. Troy Caruso, Inc. beneficially owns 196,562 shares of common stock of Viking Energy Group, Inc. Troy Caruso owns 100% of Troy Caruso, Inc. and controls Troy Caruso, Inc. 

(ii)

Shared power to vote or to direct the vote:

Not Applicable.

(iii)

Sole power to dispose or to direct the disposition of:

Radium2 Capital, LLC beneficially owns 2,841,481 shares of common stock of Viking Energy Group, Inc. Troy Caruso indirectly owns 95.9% of Radium2 Capital, LLC, but has the authority to sell or transfer all of such shares that Radium2 Capital, LLC owns. Radium Asset Management, LLC owns 1,184,267 shares of common stock of Viking Energy Group, Inc. Troy Caruso owns 100% of Radium Asset Management, LLC and has the authority to sell or transfer all of such shares that Radium Asset Management, LLC owns. Troy Caruso owns 1,195,854 shares of common stock of Viking Energy Group, Inc. Axe Capital Solutions, Inc. beneficially owns 242,224 shares of common stock of Viking Energy Group, Inc. Troy Caruso owns 50.00% of Axe Capital Solutions, Inc., but has the authority to sell or transfer all of such shares that Axe Capital Solutions, Inc. owns. Troy Caruso, Inc. beneficially owns 196,562 shares of common stock of Viking Energy Group, Inc. Troy Caruso owns 100% of Troy Caruso, Inc. and has the authority to sell or transfer all of such shares that Troy Caruso, Inc. owns.

(iv)

Shared power to dispose or to direct the disposition of:

Not Applicable.

Dated: November 18, 2021

By:

/s/ Troy Caruso

Troy Caruso