News

Vivakor Does It Again: 9th Straight Quarter of Positive Financial Results

IRVINE, CA–(Marketwired – August 17, 2015) – Vivakor Inc. (OTC PINK: VIVK) announced GAAP based financial results for the quarter ended June 30, 2015.

Q2 2015 Highlights:

  • Established a larger research and development (R&D) facility in support of oil sands and precious metals development in the quarter ended June 30, 2015
  • Commenced the construction of its first mobile oil extraction unit
  • Shareholder Equity increased 127% to $23.5M for the quarter ended June 30, 2015. This represents a 276% increase from one year ago
  • For the quarter ended June 30, 2015, liabilities decreased 73% from one year ago
  • Total Assets increased to $24M for the quarter ended June 30, 2015. Total assets have increased 176% from one year ago

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Vivakor’s Second Quarter 2015 Analyst Conference Call

IRVINE, CA–(Marketwired – August 14, 2015) – Vivakor Inc. (OTC PINK: VIVK) announced today their Q2 2015 Analyst Conference Call on Monday, August 17th, 2015.

Vivakor is focused on two specific market areas within the Natural Resources space with an emphasis on Precious Metals production and green, clean Oil extraction in the Western United States.

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Vivakor Expands Technology to Environmental Cleanup of Oil

IRVINE, CA–(Marketwired – July 31, 2015) – Vivakor Inc. (PINKSHEETS: VIVK) announced it is expanding its oil extraction technology to include the remediation and reclamation of oil spills across the globe.

The Company declared that its mobile oil sands processing units have a multi-purpose and multi-functional capability through the use of their next-generation oil extraction technologies.

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Vivakor on a Roll: 8th Straight Quarter of Positive Financial Results

LAS VEGAS, NV–(Marketwired – May 20, 2015) – Vivakor Inc. (OTC PINK: VIVK) announced GAAP based financial results for the quarter ended March 31, 2015.

Q1 2015 Financial Highlights:

  • Acquired oil-sand intellectual property valued at $10M and land containing oil-sand claims for $1M for the quarter ended March 31, 2015
  • Shareholder Equity increased 117% to $22.5M for the quarter ended March 31, 2015; This represents a 630% increase from one year ago
  • For the quarter ended March 31, 2015, liabilities decreased 84% from one year ago
  • Total Assets increased 110% to $23M for the quarter ended March 31, 2015; Total assets have increased 222% from one year ago

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Vivakor First Quarter 2015 Analyst Conference Call

LAS VEGAS, NV–(Marketwired – May 11, 2015) – Vivakor Inc. (OTC PINK: VIVK) announced today their Q1 2015 Analyst Conference Call on Thursday, May 14, 2015.

Vivakor is focused on two specific market areas within the Natural Resources space with an emphasis on Precious Metals production and green, clean Oil extraction in the Western United States.

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