SaviCorp (fka SVMI)

[DFW]

No I will not say that because no mater what has happened to this company or how mismanaged it was Serge is still a friend as far as I am concerned....I still like the guy and will till the day I die....
(which might not be that far off).....

however looking at the filings it sure can look like it was used as that...

when you go back and look at this post and run the number it turns my stomach.....

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116343982

lets take one for instance.....

In April 2014, the Board of Directors authorized the issuance of 4,916,666 Preferred A shares to accredited and non-accredited investors for total proceeds of $187,500.

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Ok so preferred A----converts to 1 to a 100 of common stock...

so 4,916,666 shares converted to common is 491,666,600 shares common
(almost 1/2 billion shares)

cost was 187,500 dollars divided by converted shares is .000381 per share....

when it had a market value around a penny I think at that time....it was still a ten bagger when the SEC closed the company down....price .0034

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does that look Savi to you?


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