News

Vivakor Creates a Qualified Opportunity Zone Fund to Invest in its Opportunity Zone Business to Manufacture all of its Proprietary Remediation Processing Centers

An Incredible Tax Savings and Return Potential, with a Proven Technology

LAS VEGAS, January 9, 2019 (GLOBE NEWSWIRE) — Vivakor, Inc. (OTC: VIVK), a technology and asset acquisition company with a focus in the area of natural resources, has recently created a Qualified Opportunity Zone Fund, Viva Opportunity Fund, LLC, which has invested and will continue to invest in Remediation Processing Centers Design and Manufacturing, LLC (RPC), which is an Opportunity Zone designated business in Utah, creating enormous tax savings and return potential for its investors.

“We have received a tremendous amount of investor interest. Not just because of the amazing, potential tax savings and returns that opportunity zones can create, but also because this company has actually developed a proven technology,” stated Vivakor Chief Executive Officer Matt Nicosia. “After having conducted multiple, successful pilots, the company is now scaling its proprietary technology in both the highly profitable global remediation and hydrocarbon extraction industries. We are excited to be doing this in an opportunity zone where our investors can not only benefit, but the workforce will too with the scores of new manufacturing jobs we plan on adding.”

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Vivakor to Manufacture Remediation Processing Centers in Utah Opportunity Zone, Securing Enormous Tax Savings Potential for its Investors

Opportunity Zones Enable Deferred Capital Gains and Create Tax-Free Realized Gains

LAS VEGAS, Dec. 10, 2018 (GLOBE NEWSWIRE) — Vivakor, Inc. (OTC: VIVK), a technology and asset acquisition company with a focus in the area of natural resources, announced today it will manufacture its proprietary Remediation Processing Centers (RPC) within an Opportunity Zone designated location in Utah, creating enormous tax savings potential for its investors.

“This is a phenomenal opportunity for our investors. Their capital gains investments are now eligible for tax deferral through 2026, and if they hold the investment for 10 years, any realized gain on the sale of their position will be entirely income tax free,” stated Vivakor Chief Executive Officer Matt Nicosia. “Any investor will additionally receive a K-1 deduction of up to 80% of their investment immediately, for all of the non-capitalized expenses associated with each RPC. That’s up to a 180% tax shield on day one.”

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Vivakor to Present at LD Micro 11th Annual Main Event Investor Conference on December 4, 2018

LAS VEGAS, Nov. 28, 2018 (GLOBE NEWSWIRE) — Vivakor, Inc. (VIVK), a technology and asset acquisition company with a focus in the area of natural resources, today announced that Matt Nicosia, Chief Executive Officer, and Trent Staggs, Chief Strategy Officer, will present at the 11th Annual LD Micro Main Event investor conference at 12 pm PT on Tuesday, December 4, 2018 at the Luxe Sunset Boulevard Hotel in Los Angeles, California. The conference will be held December 4-6, 2018.

Management will be available during the day on December 4 and December 5 for one-on-one meetings. For more information about the conference or to schedule a one-on-one meeting with management, please contact Hayden IR at hart@haydenir.com.

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Vivakor Secures Multi-Million Dollar Royalty Financing Contract for its Third Remediation Processing Center

LAS VEGAS, Oct. 25, 2018 (GLOBE NEWSWIRE) — Vivakor, Inc. (VIVK), a technology and asset acquisition company with a focus in the area of natural resources, announced today the closing of a multi-million dollar financing contract with NDH Royalty Source, for the funding of its Royalty III Remediation Processing Center (RPC).

Vivakor’s Royalty III RPC, based on its patent pending technology for remediation and extraction of Hydrocarbons from soil material, is expected to be launched in the first quarter of 2019. Vivakor operates the RPC’s through its VivaVentures Energy Group Inc. division currently in Utah and Kuwait.  The need for RPC’s throughout the world applies to any hydrocarbon mixed in soil remediation and certain Oil Sands operations.

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Vivakor is Proud to Announce it has Now Entered its Fundamental Revenue Growth Phase

LAS VEGAS, Oct. 09, 2018 (GLOBE NEWSWIRE) — Vivakor, Inc. (VIVK), a technology and asset acquisition company with a focus in the area of natural resources, is proud to announce that its Remediation Processing Centers have now entered the fundamental revenue growth phase.

Vivakor’s business model is structured to maximize the creation of value for its investors and shareholders. Each Remediation Processing Center is expected to generate sufficient revenue and profit margin over its first four years in operation to be able to provide a solid return of capital of initial costs for its investors and significant profits for Vivakor shareholders.

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