LAS VEGAS, NV–(Marketwired – February 06, 2018) – Vivakor Inc. (OTC PINK: VIVK) announced today that it has increased its multi-patent portfolio with new filings regarding its closed-looped hydrocarbon recovery system.
Further technological enhancements to Vivakor's existing oil separating capabilities have been filed. The Company plans to expand its patent portfolio further, as they have made huge advancements in upgrading up-stream end products from their processed oil-based material. Management believes such developments will immediately add significant value to products sold, thus aggressively driving shareholder equity value due to the technology advancements.
CEO Matt Nicosia said, “The Company's ability to continue to expand its developed, and acquired technologies is a key focus for 2018 as we drive asset growth by maximizing existing revenue streams and creating new ones. This is a very exciting year for Vivakor as this expansion is well underway.”
Vivakor is an asset acquisition company that procures, develops and commercializes revenue producing assets across the globe. These holdings include intellectual properties that are proprietary and largely disruptive while centered principally in the natural resources sector.
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.
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