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SaviCorp and RICO
I believe you are coming closer to the truth regarding SaviCorp's conduct when you bring up the RICO Act.
Remember you brought up the subject.All those 144's ????
You have hit upon the scheme that has been alluded to in many posts here! Just what is going on here at SaviCorp? Hype video commercials TV ads and promotions sales conventions, testing DynoValves, trial testings, testimonials and the like ...then nothing! No company progress news in three months and a veil of secrecy! A clamp down and stifling of information! We'll be watching and seeing as this unfolds. Just who's hands are clean and who has orchestrated what.
Just our opinion of course.
Understand the term "Insider Trading"
Regarding SVMI posts and information
If someone trades on "Insider Information" it's a violation... one who speaks of "Insider Information" makes it public.
For your information.
Some people know how to get the facts and information but thanks for your confirmation of the facts!
Cornell and Mario...The Deal
Let's really have a discussion of Mario and the Cornell deal
We concede that Cornell has had it's tit in the wringer with the SEC and other deals which have brought SEC scrutiny. But YA has had to defend those deals since they bought out Cornell Some of those deals have been Draconian to say the least. However, just because of those deals YA doesn't automatically roll over on the SaviCorp deal.
It remains to be proven that SVMI is in the same category. True it was Mario who made the deal and Serge signed onto it as a major shareholder and Director of SaviCorp (formerly SaviMedia). He therefore was "in" on the deal. When a lawsuit to remove Mario ensued and settled all issues were settled. So Serge got controlling interest and his so called "Intellectual Properties" restored. The contested actions of Mario were resolved. The case was settled. How now can we say that YA is part of that deal or that the money they loaned on the terms of the Debenture are faulty? That has to be proven in court. The money was paid the money was spent by Serge and Mario. The "shell" which Mario organized was paid for and Mario was compensated for his services. That was the settlement. Serge willing made this deal and now wants to claim the debt was illegal or made with a crooked company....that remains to be proven. Because the amount is beyond Serge's budget or beyond his capacity to pay...doesn't argue that it isn't owed...it's just more than he willing to pay...that's all....we all know that Serge isn't interested in selling valves ...he's looking to make his money on the stock he holds and controls and all those in the bag with him are looking to get rich in that manner and anyone holding 144 shares...that has been his vision. The rest is window dressing.
We hold millions of shares of SVMI in our group and have very good Intel on what's going on and reliable sources of DD.
In our opinion there are third parties discussing with creditors on moving in place of the present management. But the valve is still a question of viability in the long run. It's not a "Plug & Play" device and needs to be managed from time to time to perform accurately over the long haul, in our opinion. It's very expensive and takes almost two hours with 1 and 1/2 people to install it. For those much older vehicles it seems to work fine ..but it's not improving current production vehicles to any great extent and that's why fleets are balking on loading up on these DynoValves.
Yes, several ex-employees and 144 shareholders make up the group who post as Rebelcork...there are enough for a class action suit if there need be. But why waste the money and time if YA does it for us.
If telling it like it is is "bashing" then so be it it never deters to truth coming out one way or the other.
Go figure that out!
That's our take.... Got to make some money else where ...Here's just another point of view!
YA has never accepted $500k it was $1,500,000
Serge agreed and couldn't come up with the money on two occasions that we know of.
It has been a waste of time so far negotiating with Serge ...they agreed then Serge failed to perform. That's what has happened in the past
It is only now that he has hired legal counsel and trying to get them to accept $500k Hence, the exercise of waiting out the expiration of the warrants. I see a lawsuit and/or Chapter 13 in the making here. I believe that is the only way YA will end up with less and Serge will still have to pony up money to make a deal. His control would easily be in question by a Bankruptcy Trustee since he has done nothing to manage the sales of DynoValves and has only been able to survive by selling off 144 shares to the innocent general public. This has all been a rouse in our opinion up until now. IMO
Not with Serge at the Helm
Very pontificated remarks. "If only" is all you can say here!
Serge has shown only that he can sell 144 shares not DynoValves
With Serge running the show there will never be the confidence at Cornell (which doesn't exist any more by the way) it's Yorkville Advisers. They can't have the confidence that Serge can make whole their investment. He's not a business man or a leader...by any stretch of the imagination. Serge has been at the helm for over 5 years and has not gotten this company off the ground. Who would risk taking small money and shares back from him still in charge?
I see a third party mutually agreed upon taking the reins of this company if there is going to be a chance of it surviving. One with experience and know-how and wiping the slate clean of all the un-experienced people running things now. That's my take on any settlement.
Thanks for trying to clear up the issue
Explain the option for conversion of debt now and how with settling the issue sells valves? and makes Savi a company in business?
Yorkville's Debenture
The asset security for the Debenture is their option of shares. Your remark is unfounded, because of the SEC has any issues that Yorkville may or may not have with them. This has little or no bearing on the issue of the debt. It's sort of like a foreclosure and a strong person holds the mortgage. It makes no difference who the entity is if you owe the money.. YA can convert some or all of the debt to shares and they can be held sold, merged or dealt with in any manner of ways. However, the shares (not even discussing the warrants), alone, represent 2 bn SVMI shares for the amount equal to the original debt contracted for Plus interest and penalties of the outstanding amount is the math. Since the original amount was for a greater amount then actually funded there will be negotiations on the number of shares plus or minus the unfunded money , plus the accrued interest and penalties on the total balance. This, of course, will be what has to be resolved. Whether YA wishes to just hold the shares and direct the company, take it over or run it though a new board remains to be seen.
Your opinion whether Serge Monros wishes or is obligated to the shareholders to account for the companies present situation remains to be seen. Public opinion is there for all to see. The OTC "Stop" order pretty much tells the general public the SEC's position on trading shares. Their next move would be to "Suspend" trading then De-list the company altogether. This is only a penny stock company and unless there is to be found some serious fiduciary breach or other reason... that is not going to happen right away. But that's our take on SVMI. Serge is playing the waiting game with YA and wants them to go the brink of the warrants expiring..and for YA to make the move.Meanwhile, interest and penalties mount daily!
I trust this clears up the matter.
IMO
Cornell is 100% owned by Yorkville Advisers
There are no shares of Cornell available to the public and unless you are Yorkville Advisers you can not own shares of Cornell
Please explain that? Your info is therefore incorrect. IMO
Please explain
Cornell has nothing to do with Sales!
The Cornell issue is one of "Serge's" issues and nothing to do with the operation or sales in the valve business. Cornell has never interrupted sales of valves. Either the company knows how to do business or it doesn't.
If Cornell converts its warrants to shares ...there is no impact on share prices, but only dillusion.(more shares out there for sale) .which puts more shares in the market place that are available. Since SVMI has never paid Cornell anything on the debenture (contract) Cornell has not bled SVMI of any cash nor interrupted operations. If SVMI had sales from legitimate companies those sales are bankable for SVMI to produce those valves ..so there is no legitimate reason from an operational stand point to say: "Cornell is interrupting business". SaviCorp has never moved beyond the testing stage with any company.
It's a control issue. Serge controls the company with his and the Officer's/Directors of SVMI at the present time. Should Cornell exercise their options on the Debenture..they will control SVMI. That is the issue. Serge is fighting for his control and life on this issue. It has little or nothing to do with reporting financials, operations nor reporting by the company.
I do believe that Edgars Reports (OTC reporting entity) have rejected Serge's attempts to file reports because of the irregularities with the sales of 144 shares and the lack of reporting to the SEC, etc. I believe that there exists irregularities or disparaging issue in the float that can only be resolved by a settlement with Cornell and gaining the release of those shares optioned under the Cornell Debenture agreement. Serge is in a pickle ..that's is my take on the problem.
There is a 1 July 2011 expiration date for the warrants (and perhaps the Option ..I haven't re-read the contract lately)But Serge is hoping that Cornell (Yorkville will cave in by then....or he can get them to accept a deal. Yorkville has made a demand for full payment and Serge has been offering a fraction of that money owed...only time and circumstances will tell the outcome.
Meanwhile, the SEC, I'm sure, is looking into the situation and investigating their issues with SVMI and Serge & Co.Numerous 144 shareholders have contacted us regarding their plight and are discussing these issued with the SEC. If one wants to contact them directly for clarification, they should. There is an open file on this matter and I'm confident that the issue will be resolved one way or the other.
Contact:
Division of Enforcement
Securities and Exchange Commission
5670 Wilshire Blvd., Ste. 1100
Los Angeles, CA 90036
Tel: 323/965-3847
Fax: 323/965-4513
This is my take on the matter and situation at this time. Just to clarify this discussion on the board.
It's really time for Serge Monros to come out of the closet and address this issue publicly to clarify his position on all these issues for everyone..instead of going quiet and withholding the truth. PR's about "fictitious business" is not what we are looking for...but real facts and addressing the share and Cornell issues.
IMO
Thank you for mentioning all these and you made my point NO Orders!
Nothing gets beyond testing!
McCarthy 1/2 dozen valves & LA Fire dept.five valves in five years
No body goes beyond trying them out ...in the long run they just don't work that all the point I'm making and those who claim it does are, in my opinion a a 144 shareholder or an employee
If the other board members were such crooks, please tell me why no arrests were made and police reports filed? You do not see the trail on this new hype leading back to Pawson?
Where's Serge's picture? On topic about the Usurper of the DynoValve?
You made money on hype - you certainly did not make any money on a product.
Good Post I agree with your post
Good for you but it defies popular opinion your mileage boasts. I only posted the DD I've done which seems to be the popular opinion of most fleet owners.
Otherwise why no success here
Let's not go negative during holy week
That Bus broke down twice coming and going to that fair if my DD is correct!
That's your second best Post today!
It a shell of what it could be if only there was management and a product....time will tell it certainly has it's shareholders and gumpion to hang in there ...time will tell if it can survive.
SaviCorp Gas Mileage ??
Gas mileage has as much to do about drivers as it does about the product.
Most driving is stop and go traffic. The DynoValve has little to show in that respect and everyone kows it at SaviCorp, the fleets and my own DD. I have have personally witnessed over 20k miles on a test vehicle with a DynoValve and the only improvement was when the vehicle was in freeway driving. None at all in traffic. The Nox performance difference is not a lasting one and only after the immediate installation does there show an improvement. Lasting improvement is ever so slight. In fact the vehicle in question showed a decrease in Nox's after three to four months of testing and driving. I have seen the California Test results on this vehicle and can post them if you like. That is a really a mute point. Investors with 144's and anything to get this stock going will say anything to boost their point of view. You're right there are a lot of snake oil products out there but I think with engine modifications by major manufactures the only market is "used" vehicle" (which are in the millions) are the opportunity. There are several major companies making duel fuel Diesel vehicles including electric starter engines and CO2 use as starters for these vehicles which is when the most fuel is consumed and the most Nox's are created.
Hence, the Fleet reports will bear out my statements and hence the problem of getting orders for these DynoValves not getting tests ....in other words...SaviCorp has had The LA Fire Dept for over 5 years in testing, McCarthy for over 4 -5 months in the testing...yet no orders. with the price of fuel you'd think they would have been all over this ...either there's a credibility with the product or with the company...who's in charge? here?
That's why we post on the performance of SVMI...and the major issues and basic issues that need addressing by Serge and Co.
It's Good Friday I'm not goingto be hear today any longer I have noticed that Dynodude has a new avatar. who's the dude is that him? Lookin' good and relaxed to me!
"The Sign the Real scoop"
For years now SaviCorp has not had a local business license and they are not licensed to operate a "Garage/Repair" shop at this facility it is approved and licensed by the stat of California as a Testing and Certification Facility" by the State regarding California Environmental Engineering (CEE) George's business. If the State & City found out they are performing those services CEE would be in trouble. SVMI has told the City of Santa Ana the are a research and development Facility not a installation shop and a going business open for car/truck repair as Fernando does for his old clients etc.
That's my take on that issue. They packed up their bags the other month when they were being inspected and visited by YA and the City and perhaps the State so as not to show anyone that they even existed there.
That's the company we have all learned to love and trust..you go figure that one out! They removed everything computers, vehicles, personnel we given the day off and told not to come in etc etc. However, we have a record of that date and time recorded for further explanation.
IMO
Banyon - Have you spoken with Mr. Burton yourself? Are you implying that everyone on this board are idiots and only a select few like yourself & Phaeton are the only individuals who know how to do DD? Please enlighten us. Where do we begin looking??
Agreed but it's all those spec's taking in the profits from the previous bump I believe
With little news and no positive PR's of progress.. this is still a unknown investment.
IMO
It always the last minute pumpers that try to get the price artificially raised
It was their timing just seconds off or not the lowest of the final count
SVMI Share Price & SaviCorp
SaviCorp lacks substance in my opinion because:
They lack any real substantial business. If they are selling one valve at a time then they are a Mom/Pop operation not a going manufacturing installation center, a small shop and with a big ego!.
Industry is hungry for solutions to it's environmental and economic fossil fuel consumption. Hundreds of or perhaps hundreds of thousands of dollars and multiple avenues of marketing and promotion of the DynoValve, including getting that no foul EO, have been carried out with no success. No volume or quantities of scale have been achieved. Where is that Marketing/Business Plan where's their Mission Statement?
The Company lacks total transparency by not timely reporting it's financials nor filing simple reports with the SEC. All the excuses and explanations in the world beg for a honest and real responses from Serge. They've only recently obtained business licenses and filed to bring the company current in Nevada, etc. Only threats of retaliation towards the detractors and no concern of the general public have been their responses.
The statement of "Next Week" or until Yorkville Advisers is resolved is always the excuse. There is a single purpose in this and that is to maintain control by the majority shareholder of the company shell (it's public shareholding) and no driving force or Business Plan to operate or grow the company has ever been put together or expressed publicly. All we ever hear are the expressions of the "Opportunity" with the price of "Fuel" etc. Everyone knows that...that's why they are attracted to the DynoValve. It is my opinion, that industry has tested the products and found them lacking in their benefits. The product has only been successful in controlled environments and not as a "General" use product. Fuel reductions are only achieved by highway driving..not stop and go traffic...environmental Nox reductions are sporadic in their results as well. Major testing on fleets have not resulted in orders. Even with insider fleet testing. DynoValve still remains a question. Something is seriously wrong.
The economy is, indeed, in trouble and market value of penny stocks are just as affected by those problems as the majors,if not even more. Charting, established reporting of penny stock companies is unreliable. The viability of these share prices are effected by too many insider controlled agendas and rely solely on competent management with a track record of success. Belief in a CEO because you've known them or he is a long time friend has nothing to do with his performance...he
has to he make it happen ..and what is his plan ..is it to maintain control or just make a living for himself and a small core of loyal hanger oners?
Obviously SVMI has spent all its support capital on selling 144's. That's fine for getting started or making some headway...but as a business plan to maintain ultimate control of the company (namely, resolving YA) is not a business plan but an objective. The company as a business has not been proven.
We're told that by July this year all will come to a head because of the YA contract...I believe a similar issue faces the Federal Government with the short selling of GM shares ....why is the Government willing to sell those shares and take a loss.. (read the Wall Street journal) because the funds will support Obama's discretionary programs and free of Congress. Well, what is the company, in this case, doing...desiring to maintain control for pumping and controlling SaviCorp for the majority shareholder here. Shares must be freed for dillusion and settling the 144 over sales problem, increasing the float! Hence, settling with YA!
In an effort to bring reason and sense to the discussion I have posted this for discussion. Now that I have explained whom RebelCork is and you have this dissertation...I welcome your comment or post. We will continue our posting and our opinion until this goes either way. We own millions of shares of 144's and over the counter shares.
YA only wants money and a return on their 5 year investment whether Mario , with or without Serge and Co, entered into the contract...money has been invested, checks cashed and it has been and always will be a Savi Media responsibility. Keeping the company down by lack of performance only riles a investor... not make them run for the woods. The SEC has guidelines and reporting timely and taking public money has responsibilities..reporting and timely accountability is a responsibility of management..no excuses are acceptable.
If Serge claims he has saved the investors and had nothing to do with the YA deal he could have closed SVMI, took his deals and shareholders to a new clean company and started over without the problem , especially if he is right as he claims to own the patents...need we say more here? on that issue. Not a very smart move..but he needed the 144 sales to raise capital..because he nor his product could raise cash. yet he has short bungled all that by his lack of experience and fumbling business management.
That's My Opinion
For the third and final time - Post 16912 was written by Dynodude and he did infact say that Serge owned and operated the entire building.
I agree with you 100%. I am not the one who stated that SVMI owned and operated the entire building.
That is correct - please refer to post 16912. It appears to be misleading. SVMI operates out of a small portion of the building which is owned by George. The entire building is not run & operated by SVMI nor does SVMI use the entire facility.
Many have come to the table to invest in the company but Serge has blown them all away. First, he has no proper financials and intelligent investors do not want to touch companies as such. Secondly, he has had people want to put together distributorships for the product but as the man himself has said - they are a dime a dozen and he will not negotiate with them. Proof you want - besides the obvious of the company not having any of the above, get in touch with people who have put proposals as such in front of Serge.
Alibi95 Great Post
You see there is another side of every issue
Mentioning Chuck Nelson was more on illustration then defense of him
Why was his name ever brought up...because I just connected the dots of the source and who might just be a mouthpiece of Serge &/or Steve Botkins.
I'm sure Chuck nelson knows who he is and his place in the company and needs no poster to threaten his job by association. I careless personally what happens in that regards.
My point is to express what I know and believe and everyone else can do the same . I just know the shambles this organization is in and the state of affairs. It's truly disheartening for all those buying, holding and hoping for better results..but wishing for it ain't going to get the job done. and so far Serge Monros he is a wish list entrepreneur...not a business man. In my Opinion. He's a cartoon!
Your IHub info was to the point!
Something to chew over re:SVMI
Obviously attacks have been played out and the fact that either Serge Monros or Steve Botkins (Information Officer of SaviCorp) has an alias here is obvious to everyone. Steve Botkins is responsible to file all the necessary Licenses, PR and reporting information to keep SVMI out of hot water...great going Steve. Those PR have never been accurate or truthful but only bloated hype.
Only those two would be interested in the business of Mario's wedding after over 6 months (Nov.2.2010)...so much for current information and DD.
Too much crap and speculation. Now It is suggested as a 1st Salvo in retorting to my own posting is to fire Chuck Nelson who is their Executive Vice President of Marketing and Sales, who by the way is not related to Rebelcork or has been a source of any of my posts. The only guy with OEM experience and knowledge of the aftermarket parts business in the company.
Whether a poster lives in Texas, Bangladesh or Timbuktu matters little here.
There are sycophants of Serge's and/or Steve Botkins' here and everyone knows it.
Steve Botkins, Chief Information Officer, with a correspondence school education, by the way, was in with Mario during the Yorkville Deal (Cornell Capital) when Mario was trying to get Serge to come to meetings and assist in the running of the company. If there was a strategy to squeeze Serge out, which has never been proven. It was Rose, who blew the whistle on Steve & Mario and then Steve who has known Serge before the company was started, begged his way back into Serge's good graces and loaned him money to start his recovery. They, then, hatched the plan of wholesale selling of the 144's to raise money. That's the real story here. I'm waiting for the marriage announcement of Serge & Rose..but let's get the Royals out of the way before that can happen they take too much press from SaviCorp.
Yes, I have inside and outside sources for my DD and have pursued them diligently. Yet never traded on that info. There are a lot of people having worked there or have dealt with Serge that are disgruntled and disappointed in his lack of leadership and obvious neglect of responsively, particularly, filing and reporting his personal sales of the 144 shares in the past , hence the bottleneck of getting shares freed up for sales..Serge can't get his SEC filings done until he has sorted out the over sales of 144's and gets those shares pledged to Yorkville Advisers back
Never has the company responded to that issue and the lack of filings nor reliable PR regarding the company's present status. All's quiet (or dead) in this regards. All the dates "Quoted" from Serge regarding the times and events has never come to fruition. Yes, Serge has ceased babbling his current information so DD has gotten tighter, but my other sources have told me what I am writing here.
There's a promise of a PR on Wednesday this week...but now that's been put on hold..
Since so many of my positive posts or statements of the past were quoted here which has nothing to do with my recent discoveries of impropriety and lack of responsibility that has gone on with the company and been discovered since those posts, it makes the point that my recent negative information and posts have hit a note of truth...as Shakespeare says: "Thou protests too much!"
Suggesting an employee be terminated without any proof nor implying he/or she has been feeding information, only verifies that information and proves it has struck a chord of truth and harmony with the real situation there. If all those claims are true about me and my contacts "ring a bell" and retort is "Fire Chuck Nelson"...then all I can say is what I have posted is closer to the truth than the company would like. Chuck Nelson has never been a source of my DD nor posts..he's "in the Bag" as they say regarding Serge and Co. He's a Believer!
The share prices demonstrate the volativity of this company and it's information. . They are currently trading 26% off of Friday's close and seeking to dip into below .01 as we spoke yesterday and settled at .013.
Serge & Steve should chew on that for a while.
Take who down?
Serge Monros is his own worst enemy. Anything that I have posted is through DD and interviewing various parties that have worked there and I know personally.
If SaviCorp implodes it will be from the lack of Serge having done things right.
There's no business and only a facade of an operation. He's showcasing the operation and all these people you keep associating me with could be excellent fodder for a "take down" if you believe that is what this is all about.
I have disclosed the reasons for the disappointing progress of this stock and the principles who have shamelessly bilked investors and employees of their time, trust and money.
Since I have not been proven wrong and the only thing propping up the shares are speculators...there is no substance in SaviCorp nor it's management. They are all wannabes....everyone is going to get rich and cash in all those millions of shares...this is not the American Dream...but a nightmare! Get real get ready it ain't going to get better.
Got a long weekend ahead surfing and stuff so chill out man and take some aspirin or something for that headache I'm apparently giving you all. .
a real Rebel..Cork!
Patent Discussion
Now that this discussion has been brought up
Perhaps someone can counter that issue.
We all know that the DynoValve name belongs to SaviCorp (That's copyrighted)but what about this new that Serge put in is own name.
Hasn't the company entitled o this new version since company employees developed it?
developed by employees and himself
The original PCV had expired in 2010 (1995-2010 15 years Patent life time then it goes into the public domain) and his new innovated version (w/ the controller)was developed by employees who received Savi Media (SVMI) shares ...the question remains: Doesn't the Patent belong to SaviCorp not Serge. I'm sure Yorkville Advisers will think so.
Just my opinion.
And where is it?
The only one who hs profited so far is Serge & Rose by selling those 144 and then re-issuing them
SaviCorp is in Survival mode not a going bustling enterprise...just in case you haven't noticed.
By the way Serge did not start Savi Media the shell was purchased by others (Mario) and the 1st Patent of record for the PCV (now the DynoValve) was not Serge Vallve (Later to become Serge Vallve Monros) he came into it later was another in 1995 Serge partnered with him in 1996 and then through a default in contract registerd he PCV in 1998 it expire in 2010 and then when John McGinnis, James Ballew and Fernando Muniz All SaviCorp employees) developed the "controller" the valve was lastly re-registered in his name n Sept 2010. That's a question for discussion why has Serge grabbed the sole Patent rights (if it's allowed since the original expired in 2010) for himself he paid these guys with SVMI shares ..isn't the product now a SaviCorp asset?
Just a curious question for disussion
Nice testimonial
If you have been in SVMI for several years then you most likely have 144 especially if you know Rose and Serge and your stocks are probably free trading..
Since it seems that Serge needs some backbone and character building good post from your point of view!
But how do you account for his poor performance in registering all those 144's on a timely basis...he as CEO should have not allowed this log-jam of shares at the agency for clearing them at WorldWide.
Profits will be TAKEN TODAY AND SHARE PRICES WILL NATURALLY SETTLE BACK DOWN BY THE DAY'S COMPLETION.
No news about all that business these guys have gotten in NC
Where's all that fluff and Bravado they usually post right after their convention attending and Pictures?
Serge may be a good father ...that's never been a question..and Rose maybe sexy...but where has been their responsibility to the shareholders been?
Just my opinion
Rave on!
Facts Man Facts
I don't really know these people are that you keep referring to,but you're right on... regarding Serge! He thinks his scheme will succeed. I'll keep an eye out for ya!
I have exposed him time and again.
Not one item I have earlier posted, has been successfully resolved.
Apparently it gets your goat. Between the SEC, IRS & YA,as I've said: "the jig is up for ole Serge". Whether he gets John, Steve,Jack, or whoever is his "mouth piece" .. your rantings will do nothing for this company nor its share price. All you play to is the cheering section in the cheap seats. You have absolutely no idea who you're dealing with here. No One of these AGENCIES IS ACCEPTING Serge's filings nor negotiations as serious. He has falsely filed for licenses and financials. That's why nothing is getting done and his people are scrambling like cats in a room full of rocking chairs. The professionals he has employed can't purger themselves and correcting and changing his filings, submissions and re-negotiating his position with YA are all a joke. They've got to be frustrated. But as long as he uses your money to pay them they are on board!That my opinion on the matter. This a pubic forum, this a public company and Serge is up for discussion...he's made a clown of himself not me...nothing out of his mouth has ever come to fruition. There are people who have bought his 144's who are out of work, lost their homes and have been let down by his incompetence. If he had only filed their purchases with the SEC and the Clearing house ad not created this Log-Jam of applications and requests for share transfers (beyond the 10% float that the agency can hold at any given time) this problem would never have happened. His failure to complete financials settle the YA problem and completed his filings as a responsible CEO none of these problems would have occurred. That's my take.
Now he backing one of these posters here to offer to buy back shares on the cheap..that's an admission the problem exists and that's about all that can be said on that subject ...until next time.
"Talkin' Loud and Saying Nothing" as James Brown used to say.
I hear you longs and can't help but hear that silent deafening reply! Go Savi!
OOPS there went the share price!
DFW
How successful have you and Serge on buying those 144's ?
It was hard to tell were you in tending on buying $200k of shares or 200k shares? Never was a clear offer. What price were you offering?
Where is the "Success PR" from the show?
There are too many "in the know"
and none in the show! In my opinion
Wild guess is...
1. Getting Edgars to except the SEC filings DONE? Why hasn't the STOP notice come off and where is the filings? on OTC Bulletin Board?
2. Settling with Yorkville Advisers LAST HURDLE? How big is that?
3. Getting some real business DONE? What Business? Where's the PR?
4. Getting 144 shares accepted for trading WAS NEVER A PROBLEM? Always been a problem these past two years
Need I go on? What is this one big thing?
SVMI(Share Price) looks good for today though...