Vivakor Inc. (VIVK): I find it hard to believe Excelsior Man...

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Vivakor Inc. (VIVK)

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Alias Born	02/15/2004

Re: None

Monday, 06/07/2010 12:48:47 PM

Monday, June 07, 2010 12:48:47 PM

I find it hard to believe Excelsior Management truly will buy stock for twice what it could buy it for on the open market. The only reason they might do it is if they are already a huge holder of the stock and want to ensure the safety of their larger investment.

Atlanta is right---its just a Letter of Intent. Nothing binding from what I can tell. Excelsior could have bought some at .03-.035, signed a LOI and if the stock doesn't run to .10, they'll back out, imo. given the recent price and volume activity, it doesn't look like the stock is going to see .08+ anytime soon unfortunately.

It will also be interesting to see what price the debt was converted to equity at. hoping to see an 8-k filing soon.

If you need to get ahold of me, shoot me an email as I'm no longer a paying member.

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