LAS VEGAS, NV–(Marketwired – January 25, 2018) – Vivakor Inc. (OTC PINK: VIVK) issues Chairman and CEO letter regarding 2018 objectives.
Letter from the Chairman and CEO
Vivakor is an asset acquisition Company that is focused on creating and acquiring innovative technologies that create industry competitive advantages with cutting edge applications and rewarding opportunities. Our focus has always allowed us to have a broad ability to look for technological arbitrage, where others may not have, to create a technological advantage. This corporate directive has transitioned the Company through different phases of technological direction as the world continues to be very competitive.
We have developed a series of technologies that have been industry disruptors. Currently the Company has a portfolio of Intellectual Property that specifically relates to Natural Resources. We are in the midst of applying and developing these technologies to create and compound shareholder value. We have developed technologies in following three categories: metals extraction, hydrocarbon extraction, upstream product upgrading or product enhancement of hydrocarbon products.
The Company has a series of patents and patent pending innovations which achieve our objectives. The management investment focus of such technology depends on the opportunities that are mainly dictated by macroeconomic issues as our end products are mainly a form of commodity. Technology development this past year has created more opportunities for the Company’s technologies and we have expanded or focus to include these value creations. Such technologies include the acquisition of the Ammonia patents which use specific nano metallic technology to increase the output of Ammonia from natural gas, and the carbon nanotube sponge technology license for decreasing the cost of upgrading crude oil. During this next year many of the fruits from management’s efforts are anticipated to come to fruit on from the hydrocarbon extraction technology, both from oil sands and oil waste remediation. New technology developments in the EOR (enhanced oil recovery), petroleum upgrading sectors, and land asset acquisitions will be pushed forward this year.
Monetization of our technologies and assets is our focus and priority. This coming year monetization opportunities may arise and management will actively seek and adapt such events to our business model to create further asset and shareholder value. We project a very intense global economic growth and instability in commodities outlook for 2018 that will require international diversity to maximize our technological advantages which would ultimately result in healthy technological development, further extraction machine deployment, and greater shareholder value.
Matt Nicosia Chairman and CEO
ABOUT VIVAKOR, INC.
For more information, please visit www.vivakor.com.
This news release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including economic slowdown affecting companies, our ability to successfully develop products, rapid change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Vivakor’s filings with the Securities and Exchange Commission, which factors may be incorporated herein by reference. Forward-looking statements may be identified but not limited by the use of the words “anticipates,” “expects,” “intends,” “plans,” “should,” “could,” “would,” “may,” “will,” “believes,” “estimates,” “potential,” or “continue” and variations or similar expressions. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.