IRVINE, Calif., Nov. 9, 2010 (GLOBE NEWSWIRE) -- Vivakor, Inc. (OTCBB:VIVK) announced today that the Company has filed an application with FINRA for the distribution of the previously announced stock distribution of Regeneca International Inc. Subject to FINRA approval, the dividend record date is expected to be November 22nd, 2010 with an expected distribution date of December 2nd, 2010. Chairman Matt Nicosia added the following statement, “The Company has made great strides and has been able to finalize documentation necessary to complete the application for the Regeneca International Inc. stock dividend and looks forward to completing the transaction. Management is making steps toward rebuilding investor confidence in its plan and this stock dividend distribution is one step forward in the new direction Vivakor plans to tread.”