Vivakor Announces New Acquisition Strategy
09 Dezembro 2009 - 7:17PM
PR Newswire (US)
CORALVILLE, Iowa, Dec. 9 /PRNewswire-FirstCall/ -- Vivakor, Inc.
(OTC Bulletin Board: VIVK) today announced its acquisition strategy
for the next 12 months. Executive Chairman, Matt Nicosia detailed
the key points of the strategy: "We are currently looking at
specific transactions involving companies with technologies that
fit neatly into our 'hub and spoke' model, as well as companies
which have existing commercialization channels that serve our own
commercialization strategies for products developed internally."
When asked about the timing of any future acquisitions, Mr. Nicosia
responded, "We are looking at opportunities all the time. When one
appears which fits within our stated strategy, we'll move forward
with all due course." Future announcements of any acquisitions will
be made as material events occur. About Vivakor, Inc. Vivakor is a
biomedical/biotechnology company with transdisciplinary research
that develops and acquires products in the fields of molecular
medicine, electro-optics, biological handling and natural and
formulary compounds, that extend or improve life. More information
can be found about Vivakor at http://www.vivakor.com/.
FORWARD-LOOKING STATEMENTS This press release may contain
forward-looking statements, including, but not limited to,
statements regarding Vivakor's products and markets and business
strategies. Forward-looking statements may be identified 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.
These statements are based upon the current expectations and
beliefs of management and are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those described in the forward-looking statements. 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 are incorporated herein by
reference. Readers are cautioned not to place undue reliance on any
of these forward-looking statements. Vivakor undertakes no
obligation to update any of these forward-looking statements to
reflect events or circumstances after the date of this press
release or to reflect actual outcomes. Contact: Vivakor Investor
Relations c/o IME Advisors (888) 648-8485 DATASOURCE: Vivakor, Inc.
CONTACT: Vivakor Investor Relations c/o IME Advisors, +888-648-8485
Web Site: http://www.vivakor.com/
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