Trent Staggs is a bad choice for Salt lake County Mayor. He is currently the mayor of Riverton city. He is also involved in Vivakor, who call themselves an oil field extraction and remediation technology company. Vivakor has a long history of investors claiming they were scammed. Trent Staggs is Vivakor’s strategic development adviser.
Under Mr. Staggs direction Vivakor or Vivaventures LLC is a scamming Utah’s school children.
Last year Vivakor Inc made this strategic claim in a paid press release:
″We are pleased the SITLA Board unanimously approved this mineral lease, allowing us to work with the State organization in verifying the asset reserve and ultimately deploying our technology on this vast 1440 acre area. We have a great working relationship with them, successfully operating on their properties previously, demonstrating our commitment to the area and the viability of our technology… stated Vivakor Chief Executive Officer Matt Nicosia.
Trent Staggs appeared before the SITLA board and agreed to terms for a special lease he made inaccurate claims and promises to the SITLA board who approved the contract. Vivakor never signed the contract and is not leasing anything from SITLA.
Currently Vivakor has no actual SITLA lease because they never signed the contract SITLA prepared and approved. They do use repeated press releases to generate interest in VIVK stocks and aid in a long standing pattern of pump and dump stock transactions.
Vivakor has also obtained grants for government aid and defaulted.
On June 17, 2020 Vivaventures precious metals a subsidiary of Vivakor, received Paycheck Protection Program (PPP) loan from the federal government for covid relief funds.
VivaRRT LLC. a subsidiary of Vivakor has a debt collection judgement against them from Stubbs & Stubbs Oil Field Construction, Inc. out of Vernal Utah.
Vivakor timeline and document list from UTSR research and GRAMA requests.