SaviCorp (fka SVMI)

[solly8]

At the request of my wife this will be my last post.

The only accurate part of that post is the last sentence; I agree that 2016 could be great.

Dubai- we won't even be over there until the last week of October.
Post Office- a vehicle in Missouri has been obtained and testing on it will happen soon then shipped to CA for certification. Not tested yet.

Korea- the hydrogen unit is not producing consistent test results yet. It will be tested again this weekend. The Koreans will be bringing over the new, improved DV controller in a couple of weeks that should improve the mpg results for the taxis that thus far have been disappointing due to the significant idle time in Seoul traffic. Could see an order soon.

China- The government has formed a new company to compete with Ali Baba. As soon as the software is developed to support the sales of the DV they will also sell it. Their targets are local governments, private companies and individuals. If you think about it, this is tantamount to the Chinese government endorsing the DV.

The form 10 won't be submitted until a meaningful sale is made. Could that happen in October? I hope so. Could we be trading again in early 2016? Maybe. Maybe not.

There are some other really good things going on that hopefully management can capitalize on but the finances are not strong at this point.