Vivakor, Inc.

Item 1 - Business General Vivakor, Inc. was originally organized in 2006 as a Nevada limited liability company and converted to a Nevada corporation in 2008. Since then, we have grown through strategic acquisitions and the development of our integrated midstream platform, which provides crude oil transportation, terminaling, and marketing services across major U.S. producing basins. Key milestones include the 2022 acquisition of our terminaling facilities in Colorado City, Texas and Delhi, Louisiana, and the 2024 acquisition of our trucking, pipeline, and storage operations (hereinafter the “Endeavor Entities”). We have also developed Remediation Processing Centers (“RPCs”) capable of…

AI summary unavailable — showing raw filing excerpt

Item 1A - Risk Factors Risks Related to Our Company We are at an early operational stage, and our success is subject to the substantial risks inherent in the establishment of a new business venture. Our business and operations are in an early stage and subject to all of the risks inherent with new business ventures. Our initial operations have been focused on the remediation of soil and the extraction of hydrocarbons, such as oil, from properties contaminated by or laden with heavy crude oil and hydrocarbon-based substances. We intend to, but have not yet, completed the second stage of our operational strategy, selling the asphaltic cement and/or other petroleum-based products we are able…

AI summary unavailable — showing raw filing excerpt