Vivakor Inc. (VIVK)

[hardlesson]

I suppose it will be a $10M Stock "Transaction."

To who and how remains to be seen. :)

hl



Sales of Unregistered Securities

In September 2013, the Company converted $1,000,000 in payables owed into 1,000,000
shares of Series A Preferred Stock.16

In December 2013, the Company converted $849,375 of convertible debt and related
interest expense into 4,246,875 shares of Series B Preferred Stock. The Company also issued
28,125 shares of Series B Preferred Stock for $5,625.

In December 2013, the Company completed a 10-for-1 forward stock split of its common
stock, the effects of which are reflected in this Quarterly Report.

For the period January 2014 through September 2014, the Company converted $86,800
of convertible debt and related interest expense into 2,184,000 shares of Common Stock, which
carry liquidation restrictions limited to 10% of the 10 day average once every 90 days.

For the period January 2014 through September 2014, the Company has converted
$4,509,950 of convertible debt and related interest expense into 22,161,000 shares of Series B
Preferred Stock. For this period the Company also issued 15,309,050 of Series B Preferred Stock
for $3,035,709.

For the period January 2014 through September 2014, the Company has issued 532,470
shares of Series B Preferred Stock and 847 shares of Common Stock as a $133,329 interest
distribution to Series B Preferred Shareholders.