Vivakor extinguishes $569K CEO note, suspends preferred dividend, grants voting rights to Series A holders

Vivakor, Inc.

CEO-controlled Ballengee Holdings forgives $569,589 convertible note; Series A preferred holders forgo 6% annual dividend for one year.
Series A Preferred now gets 96,731,000 votes (~35% of total) after filing amended certificate of designation.
Issued 3,616,310 shares for preferred dividends; 1,557,808 shares to a consultant; 82,500 inducement shares - total ~5.3M new shares.
Debt reduction and voting rights exchange approved by shareholders at 2025 annual meeting.

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