Vivakor, Inc. Releases Shareholder Update
1/3/2011 9:39:26 AM
IRVINE, Calif., Jan. 3, 2011 (GLOBE NEWSWIRE) -- Vivakor, Inc. (OTCBB:VIVK) released the following shareholder update from management. The previously announced Regeneca International Inc. stock dividend submission to FINRA is now eligible for completion due to the finalization of the Regeneca International Inc.'s merger that was announced today. Vivakor Inc. was unable to complete the dividend earlier as it would have delayed merger. Due to the legal nature of the transaction, Vivakor's management felt that it is better for Vivakor shareholders to receive a stock dividend of a public company rather than a private one. Finalization of the stock dividend will commence with the transfer agent as the transaction is completed with final FINRA approvals.
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