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I guess you are right. I tried to call as well. BS. Glad I didn't put that much into it. I guess this happens too often . You'd think someone would shut these guys down earlier, or stop trading their stock on their server.
ANOTHER EMPLOYEE
by Craig Herdrich
cherdrich@savwatt.com
How does saving 85 percent off your current electrical Lighting bill sound? In many businesses, lighting is the Majority of electrical usage.
LED Lights are extremely cost effective and since they typically last 50,000 hours ( 8 to 10 years) with a 4 YEAR guarantee (compared to 3 to 6 months for Halogen and CFL ) they also cut down on paying someone to constantly swap out the " supposedly efficient" yet Poisonous FL and CFL bulbs that all contain Mercury dust and are a new source of environmental Poison in our landfills and since it’s a toxic metal they can eventually leach into our oceans and food chain. Remember those stories back in History class of Crazy Gold Miners with "Gold Fever" running around doing Horrible things ? Yes, that really actually DID happen back then because they used to use Mercury to process gold and over time the Mercury would absorb thru the skin or vapors would leach into the lungs and drive them mentally ill and getting them physically sick from Mercury Poisoning ! Hair loss was instant. Violence? Yes.
Every single T8 Tube light in your ceiling contains about 5 mg of toxic Mercury just for the bulb to Floresse and work. Halogen bulbs contain Mercury and so does what used to be considered High efficient Metal Halide, but again MH contains MERCURY METAL and that’s Poison.
Who ever invented the CFL bulb must have been making a Faustian Deal as one FL bulb uses 40 watts and puts out a horrible flickering milky and Mainly Ultra Violet light. That's the light that causes skin cancer and the new ones utility companies are touting as "High efficient FL bulbs" use 32 watts or a weaker light at 28 watts mind you this is even after a utility incentive Retrofit.
However a LED tube light only uses 18 watts! Yes, you heard that right, only 18. It puts out a beautiful Clean White Light or Soft warm light if you want a warmer Kelvin and there is NOT any Ultra Violet at all. What does that mean? You are not going to get skin cancer from a LED light, .there is NO Ballast BUZZ (the noise that buzzes constantly and sucks out your soul according to many writers), and if you are using LED outdoors the new white Light from LED doesn't attract bugs. No UV means no bugs!! The best part is LEDs do not Flicker like FL bulbs, so sensitive eyes will love them! The flicker from FL is what gives people headaches and again LEDs have NO MERCURY!!
Times in the economy are pretty troubled right now for allot of people, and now more than ever it’s harder and harder to do something so very EASY that can actually Lower the overhead costs of running a business. LED lighting does just that.
If you have those little MR16 bulbs, track lighting & display, your savings are even larger! Common as little mini track lights the Halogen bulbs are usually 50 watts each and only last around 3 months. LED MR16 is only 5 watts and it lasts for up to 10 Years. Yes, they are dimmable now 30 to 70 percent so when you start adding up how much of your profits your burning up with CFL bulbs or halogen its insane not to take a good look at lowering your overhead. The electrical savings alone can be hundreds or thousands of dollars being wasted a month and at the same time you are helping keep the Earth free of Mercury leaching into your kids food someday.
In the state of California if you break a simple school ceiling tube light the fire department legally HAS to send a Hazmat Team to clean it up. This is not over reaction, the micro fine mercury powder floats easily in the air as dust and can cause all kinds of Toxic problems including possible Mesothelioma and mental retardation in children that can be permanent and greatly shorten the lifespan of a human being.
LED lights come in every size and replacement shape and Kelvin you could ever want. Find a LED company that can easily show you how to swap your lighting and massively drop the overhead expenses all at the same time! it’s extremely easy and it makes Great Financial sense saving maintenance costs, saving electrical costs , and even BETTER you are now getting a Clean Beautiful White non flickering ,UV Free, noise free, bug free LIGHT. The Future is a Bright one my friend. Did the LED Light bulb just go off in your head yet? I hope you were paying attention, and you're Welcome!!
by Craig Herdrich
cherdrich@savwatt.com
you're seeing dilution...not volume.
No Bid. I've been hearing this since January 28. What i see is VOLUMES.
Maybe we will never get a contract from the government but we will see contractors queuing to SavWatt Depot.
It took them long enough.
Wonder how many notified the SEC from IHUB.
Bad news and good news
Bad news the company closed down today, no one is at the office anymore, the phone (866) 641-3507 disconected and sec about to do its thing.
Good news you can still sell this next week at .0001 before no bid and halt
"Shareholders are our major asset"
LOLOL
NOW that FUNNY-----they are the only asset..
Still laughing!
How'd I know that was gonna be 'somebody's' first post.
They anticipate making profits in the not to distant future (starting next quarter.) Global warming has become a recognizable problem. Companies such as this are quickly becoming the new norm as people come to grips with the hard truths. Global warming will tip the scale in the next 50 years causing melting of permafrost and massive CO2 release. (aka. the point of no return) Regulations will begin to push the market towards more efficient units more agressively. This trend has already started. Smart investment is also investment that is good for people and the economy. Profit will come more with wisdom, and less with blind greed. Take a look at world trends. Developing nations are learning from our mistakes too, and investing in the future. Companies such as SavWatt could become mainstays very soon. Get on sooner rather than later with developing companies who take these global trends into consideration. Anyone clinging to the past will be loosing because those companies waiting to adapt will hit their wall, and be out of commission quickly, and with little warning.
Here is a quote from the company's website
BALTIMORE, MD--(Marketwire - Jan 5, 2012) - SavWatt USA, Inc. (OTCBB: SAVW), pioneers in LED lighting and the Green Revolution, today released a New Year message from SavWatt's CEO, Mr Ike H. Sutton.
For this new year, I would like to thank the support of our shareholders which is our major asset. We have grown and developed due to their support. I have only one request for the new year that is in regards to SavWatt's bashers on online chat boards. Ask yourself why are they bashing SavWatt? If they are shareholders, why bash? This only creates negativity in the marketplace. If they are not shareholders, why are they on the board? Are they being paid for bashing? By whom and what's the purpose? And if they are really unhappy with SavWatt and the SavWatt team, get out of the stock and move on. Please do not listen or act based on basher information as they have an agenda of their own and provide misinformation to the determent of the company.
We WILL have VERIFCATION of DILUTION when the reports are released-Just like in the past-CROOK
serious do you think we have a 40%-50% Chance to get above .0057
In the next Year or so
PLEASE i WANT ALL Your Answers. Thanks in Advance
No debate here.
Just read Ike's letter for the New Year:
"We are raising funds through short term convertible loans; these loans when converted do dilute the stock"
or look at any of the 8K's they file
I'm sure ol" Ikey is dumping massive quantities if shares, but is there not a filing process required before a company can dilute/sell shares in the open market.
This is always an ongoing debate on numerous boards whether a company is diluting or not.
Nobody believes in it...especially Eco-Depot.
They're gonna be pushing the other LED brands they carry over SavWatt's supposed lights, watch.
The brand name SavWatt is gonna be an anchor for them.
At. 0001 why sell? They don't really have a choice but to hold and hope.
....I don't think so, if they did the pps wouldn't be .0001.....
Ok, take a look at the RSI, savw is not oversold. Looks like people are holding. Dilution brought us to .0002.
"believe"....I don't think so, if they did the pps wouldn't be .0001. They are taking a huge risk buying SAVW. The pps is .0001 for one reason...IKE SUTTON. These are lottery tickets being bought and I'm sure most of them know it. There is a lot of interest here because of the run this past year. The only way this runs is if IKE stops diluting (convertible notes) and huge groups of investors buy and accumulate the stock. The float is increasing at a rapid rate and IMO I don't see the ceo stopping his conversion of notes with common shares. Just my opinion.
Maybe people believes in SavWatt. Big opportunity here.
20 mil t-trade to the bid...just more shares dumped. I would like to see another 8k to show how many more shares have been released. That increase in A/S will allow this CEO to continue dilution for months. And with the bid of 1.7 billion it appears there are many venture capitalists who want to take the plunge here. Good weekend everyone.
Breath taking day today. All this volume and no news of contracts, sales, giveaways, Beamers, eco pole, sun pole, Riverhead installment, SAVWatt-Depot/Eco Express, solar sales, p2 stuff, helping the Fed Govt, the oversees markets, suppliers, very interesting, very interesting.........................
Well! How much Dilution was happening today. I knew that management could not stop. They just postponed it for a couple days-CROOK.
Looks bad, but Sutton got about $30k today. So all in all, a pretty good day.
Oil.
Ouch, 50 million to the bid in one trade this afternoon. Wonder what the next 35 minutes will bring for SAVW?
Yep, soon NO BID will happen here as well. Just a matter of time.
IKE has been exposed as a complete fraud. So wherever he goes in life, the same result will occur.
Check out Onteco Corp (ONTC)another new LED lighting company.
See how they have done after a 1 for 1000 reverse split last month.
Was .0003 then split adjusted to .30 and has since droppped to today's 0.06 in a month.
They are running almost the exact same scam as SAVW except their gimmick is LED Troffer lights.
Recently they hooked up with the crooks behind another fake LED company called HiScore.
HiScore ran almost the exact same scam as SAVW; sold billions of shares and a small handfull of LED lightbulbs.
Check out both of their boards here on I-Hub, you can learn a lot about how these scams are run. They all follow the same pattern.
FYI, GO*G had also BID (@ 0.0001) of about 1.9 BILLION at some point.
Look what happened. LOL
Ah come on... LOL not this again
70 Million @ 0.0001 :) I am sure you remember that LOL
Nice try, looks more like 1.7 Billion Bid to me
Kind of hard to run a business when all your days are spent in a court house.
Could the next court document we see say "STATE OF NEW YORK vs ISAAC SUTTON"?
What money do you think that Ike is going to use to buy back shares???? Money from revenues??? Don't think so!!! Is he going to buy back shares with the money that is coming in from his conversion of notes??? Nah that money is going straight into Ike's pockets and into a bank in the Caymans as fast as he can wire there!!!
Buy Back, That is some funny stuff right there so thanks for the laugh this morning.!!!
JMHO
Basser
From the recent filings;
As of January 26, 2012, there are 3,800,763,018 outstanding shares of the Registrant's Common Stock, $0.0001 par value
As of December 5, 2011 there were 2,420,022,149 outstanding shares of the Registrant's Common Stock, $0.0001 par value.
Difference in one month: 1,380,740,869 issued to convert debt
What about 6B or 10Bnow? If they r/s i will start buying shares again.
Go check other companies listed in otc with those amount of os and as. Go check their charts and come back.
:D
Last figure, that was published about 1 month ago was 3.8 Billion O/S
OS is the last thing i am worried about now.
Buy-back vs R/S
SAVW L2 - NOT LOOKING SO GOOD NOWADAYS:
DEMAND (BID @ 0.0001) DOWN SUBSTANTIALLY: FROM 1.4 BILLION TO 0.4 BILLION
ASK UP SUBSTANTIALLY FROM 5 MILLION TO 140 MILLION
How many outstanding SEVIT? Check the filings again pal. Don't go by otcmarkets.com they are usually wrong. They don't automatically update the shares structure on otcmarkets.com. The company has to notify otcmarkets.com of their current share structure then it is posted.
Also, where do you think all of these shares getting dumped are coming from? They are being released by IKE as conversion of notes just like the 8k's state. Therefore, the O/S is probably higher than last reported in the filings.
Pps will not start to run fast buy slowly... This is not a BIOMED, 2nd we have 2.42 B oustanding shares....
Fact of the matter is, no one dissects the "negative" things. Only mindless and unsubstantiated pumping is what is going on.
Facts: 4 Billion O/S, 9.8 Billion A/S, 0.0001-0.0003 PPS, pending lawsuits, ~$4 Million expenses, $0 revenues (as per statement in 10Q's)
YOYO you were right all along. With IKE at the helm it went the same way as GO-"NE". Sorry I gave you grief from time to time. At least I got some back as a tax rightoff.
2013? Is that what CEO, Sutton, has to say? I thought it was $15 million in revenues this year? What happened to 2012? Are you giving up already? What kind of response is that for a "venture capitalist"?
If you really believe in SAVW like you say you do, then why would you believe the pps is not going to rise until next year? I can guarantee you if they have $1 million in sales this year the pps will not be .0002. But that's a big IF IMO. Dilution has killed SAVW. SAVW joins the other tickers here in the basement. There are always "believers" even when the price per share is 1/1000 of a penny. Hopeful venture capitalists I guess you could say.
sevit, why don't you call up all the judges and police chiefs involved with the lawsuits and people that weren't paid?
I will sticky that.
Jake19 don't worry for that.. Thnx anyway.
We are growing slowly and this is very important for a start up company.
PPS will go up, not now but 2013 imo. Let them finish first then we'll see what happens.
Ciao Jake
"If demand grows i'll see BUY-BACK shares"
Never happen. Ever.
He's gonna bail, just like he left Go800.
"If demand grows i'll see BUY-BACK shares"
Never happen.
ever.
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