SaviCorp (fka SVMI)

[Saddle Up Partner]

Almost every case of a penny stock scam, the company did not deliver on what they promised. So why would they make these promises? You guess it!
They need money for their idea! Whether their idea is really something that will work or whether the CEO just needs some more money to fund his/her lifestyle, they need to attract new investors to fund the "plans". Almost every time, this is done by issuing a Press Release projecting the next big reason why investors should buy in to their companies idea. Sometimes the company makes pretty substantial claims in these press releases in order to attract new investors. Sometime the press release is actually nothing but how they meticulously word the article to exaggerate a simple and meaningless event make it sound like the next best thing since sliced bread.