Vivakor (VIVK) just unveiled an announcement.
The Company recently rewarded Mr. Knapp with 140,190 shares for his signing bonus and converted a $1M promissory note into 903,095 shares for a non-affiliated investor. Both transactions were facilitated under specific exemptions as both parties are accredited investors. Mr. Knapp, a seasoned corporate securities lawyer with extensive experience in the midstream petroleum industry, has been appointed as Executive Vice President, General Counsel, and Secretary. His background in high-value transactions and leadership roles in the energy sector positions him as a key asset for the company’s growth. Additionally, the Company has closed its acquisition of several firms, including Endeavor Crude and Meridian Equipment Leasing, further indicating an aggressive expansion strategy.
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