Last $0.59 USD
Change Today -0.0011 / -0.18%
Volume 19.0K
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As of 8:10 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

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12/30/13 - $1.00
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vivakor inc (VIVK) Details

Vivakor, Inc. is a holding company, which through its subsidiaries develops assets, start-ups, and technology and growth sector specialty companies. The company focuses on precious metals, green energy alternatives assets, natural and formulary products, and molecular medicine including electro-optics and biological handling products. Additionally, it focuses on cryogenic preservation, MRI imaging technology, and natural supplements. Vivakor, Inc. was formerly known as NGI Holdings, LLC and changed its name to Vivakor, Inc. in April 2008. The company was founded in 2006 and is based in Irvine, California.

1 Employees
Last Reported Date: 11/22/10
Founded in 2006

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vivakor inc (VIVK) Key Developments

Vivakor Inc. Opens Research & Development Lab Focusing on High-Demand Natural Resources

Vivakor Inc. announced it has opened a research and development lab near its global headquarters facility in Irvine, CA. The company expressed that in addition to its next-generation, disruptive precious metals extraction technology, they are substantiating through their lab another major advantage in their growing capability to monetize rich, high demand oil and gas natural resources. The lab environment will ultimately showcase the ability to demonstrate a fully scalable oil and gas operations model utilizing a proprietary extraction catalyst that will be unique to the industry. The company has their attention on specific areas in the U.S. and across the globe where there is a sizable advantage to utilizing Vivakor's technology and methodology for extraction.

Vivakor, Inc. Unveils Scaled-Up Precious Metals Extraction Machine

Vivakor Inc. unveiled its newest version of the scaled-up precious metals extraction machine. The achievement of this milestone as it relates to Vivakor's business model roadmap illustrates once again the Company's ability to execute on schedule the specific objectives they defined over 18 months ago. This latest machine is capable of processing up to 20 tons of ore per day through the highly productive efficiency of Vivakor's proprietary, industry disruptive technology and methodology for extraction of Precious Metals. This unit will be enhanced during the quality control and assurance phase and will greatly boost the overall yield per tonnage processed. Yield estimates for the new machine are for processing in a range between 5-10 times current production levels. This positive momentum in production output will continue for Vivakor in the form of lower costs per ton processed and improved yield over time as the company adds to its ever expanding asset accumulation with two machines processing ore on a daily basis out of its operations facility in Henderson, NV.

Vivakor, Inc. Announces Royalty Lease of Precious Metals Mining Claim

Vivakor, Inc. announced that the company has entered into a Land Lease Agreement with National Reserves Mining Statutory Trust (NRMST) of Minnesota. Vivakor is enthusiastic to reveal a Royalty Lease arrangement spanning ten years with a potential value to Vivakor of $50 million over that period. The extraction process utilized by NRMST enables reclamation of the processed soil keeping in line with Vivakor's eco-friendly position on operating practices. This specific Vivakor precious metal claim located in Arizona covers an area of over 160 contiguous acres.


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Price/Sales 2.5x
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TEV/Sales 555.3x

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