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The primary product this company has brought to the market for 2012 is not the Dynovalve, but rather incompetence and disappointment. To my way of thinking, they had to work even harder trying to dupe investors out of hard earned money than they would have if they tried to actually sell the product and move the business forward. Serge, I hope someone gives you a Plexiglas stomach for Christmas. It has to be very difficult looking forward with your head stuck so far up your ***.
Someone mentioned greed in an earlier post. I do not feel that the greed falls so much upon the investor as it does the company. I know now that my mistake was assuming a great product would naturally be a great seller. Who could have imagined there were such a collection of buffoons running this company? I understand to a degree the fleet strategy because plug and play is really a misleading term for the average Joe. But why cap your market before you even establish one.
Now we have Mr. Chu s our ace in the hole. I feel secure now! We need two more people to complete our management team if they are available; The Music Man and the Flim Flam Man. These guys were salesmen in a league of their own and would make a perfect fit.
There was a group back in the 70’s called “The Undisputed Truth” who did a song called “Smiling Faces Sometimes” In it is a lyric that goes (Don’t let the handshake and the smile fool yah, take my advice I’m only trying to screw yah). Why do I feel that this should be SAVI’s theme song? Perhaps their strong management team or is it their time tested marketing plan and proven track record.
DFW, I really like your post #28449. I find it very thought provoking, and I appreciate the glimmer of hope it offers. It certainly leaves one with the thought “What If? I hope as you say Mr. Chu is no dummy, and reads this board occasionally, especially the last hundred posts or so. Some well-made points are available for him to chew on.
No news is good news. That way you can’t possibly miss a deadline and further disappoint shareholders. We have been waiting for them to follow through with their new and improved website and the most good I see from that is the completion of one item on their bucket list.
They’re not even talking about accomplishments for the 4th quarter of this year, and there is more than 2 months left in the quarter. They are talking about how next year’s first quarter is going to be much better than this year’s first quarter. Remember how dismal that news was.
Put Lauren and the hologram on QVC and sell 100,000 valves in one afternoon, and quit screwing around. Offer franchises and distributorships around the country and let people move these things. If Serge doesn’t feel comfortable being a millionaire give some other people a shot.
The remaining square footage required is for the storage of the uninstalled product. Perhaps they will raise the price again another 25%. With blazing sales of 26 each month I cant wait to go make a deposit on something big with the windfall profits.
I don't think the good shepard has done my investment any favors this year. It seems to have gone to hell in a hand basket.
We sure need someone at the helm that knows how to put the ship in gear and drive it. Perhaps this is the guy, I sure hope so. All ahead full SAVI.
Dynovalve.com takes me to the same worthless SaviCorp website that I have used 3 different times now to E-Mail requests for different types of information. This past Monday marks 3 weeks with no reply to my most recent request. I have never heard from them. They can’t even get a new website up and running, does anyone really think all of a sudden they are going to establish installers in 50 states. They should have 800 installers in place by this time. Eight people to install 10,000 units (if that’s the case) strikes me as just insane thinking. Are they intentionally trying to avoid growth? If you had a contract for 10,000 units, wouldn’t you want to satisfy the customer, complete the order and get paid as soon as possible, and then repeat the process? If not, what good is it to have a marketing and sales team? Just putting the jobs on the books doesn’t make the cash register ring. What happens when a customer gets tired of waiting? It will take the White House Press Secretary to spin this bad PR into kool-aid.
Oh well, it’s too bad he can’t hold on to a job. I wonder how long it will take him to commence a lawsuit. Keep up the great work Marc! I tawt I taw a whale.
If SAVI took the trash out to the curb in time for pickup it would be included as one of the many good things they have accomplished so let’s be honest about playing games. While I can appreciate your enthusiasm I don’t share it to the same degree. Let’s just wait until the Aug. 14th deadline to find out just how things really are for the 2nd Quarter. I think it will reveal a good snapshot of the effectiveness of current management.
1LASTAY
Please share with me what exactly it is about this interview that you find so amazing. She never once mentioned the Dynovalve so what am I missing.
I too thought it looked like a little slice of heaven on earth when I first saw it! Wouldn’t you love to say “yea it isn’t much but I call it home”?
I’m not 100% positive, but I believe a company has 45 days after the end of the quarter to supply the necessary financial information to remain current with SEC requirements. If that’s the case, we have until mid-August to remain in the game for the second quarter. I hope this amounts to a partial reason to remain hopeful.
Show me the money!
Go SAVI Go!!! Finally I'm in the money!
This info. is per IHUB Admn.
Folks, I understand people are angry and frustrated. I understand this isn't the first time L2 has been down.
However, this problem is due to an unforeseeable event. I'm not going to pretend to understand the technicalities but in layman's terms as I understand it this is what transpired.
There was a power outage at Level 3 which is a global, highly respected transit network provider. Despite 2 diesel back up generators, they lost power completely.
Quote:
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Level 3 operates one of the largest IP transit networks in North America and Europe. It is one of only six Tier 1 internet providers in the world and aims to be "the core of the networked world".
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When a catastrophic failure of this magnitude happens (it made the news even!), databases are going to be corrupted.
The guys in London have been working non-stop since 5:00am UK time (11pm EST) to get this situation resolved.
Unfortunately, there is still no estimated time for this to be resolved.
I know this explanation doesn't change frustration, however, I thought it important that people understand the situation fully.
Well this guy certainly doesn’t have a monopoly on that train of thought. An interesting comment was made regarding the lady saying a week or two for financials to become available. I’m not holding my breath based on that comment but my gut feeling is that it could happen within the next month. If it’s not, I will be very disappointed in the SAVI team.
In general I would agree with the majority of your post if you were referring to some other company. If management has skin in the game, that can go a long way to help investor confidence, but how would we know because SAVI’s not reporting. We are left with nothing but uncertainty and a void in our wallet. When the share price reverses direction and stays that way, then we can confirm the strength and effectiveness of the management team as something of value to SAVI. If that doesn’t happen we will be put at ease knowing there are no golden parachute concerns in ousting poor management. I appreciate your involvement with us here and look forward to seeing what’s coming next.
That’s a very good thing Sannoo; it’s called “Term Limits.” If Mr. Thomas does a good job, he will be invited to serve another term. If he does an unsatisfactory job, he will not be invited to stay on. I wish that philosophy would catch on elsewhere!
I read a lot of wild ideas here all the time, and nothing seems to be too outrageous. As far as the hungry mouths to feed, I do believe that at this point in time a part of their compensation would come from sales. It’s true that we don’t know for sure what the sales are because they refuse to release the financials. We do know that there have been a number of fleet sales and that cash is being used for something. I believe that the new talent is convinced of the opportunity for profit and are working in part just for a piece of the pie.
I feel the same way as you about the videos. Some asked for a bone and this one almost barks. As far as things moving fast I’m thinking he’s referring to the progress since he and a few other new hires have been involved. There have been many good developments the first half of this year and becoming current with the financials should be the next step, further delay is just bullsh.. !
This is crazy at this point in time when more positive things are happening than ever before. Plug and play upgrades, fleet sales are taking place, improved marketing, recognizable spokespeople; and the share price still goes down like a slow leak. I feel it will take some time for things to really take off due to such consistently disappointing performance. When this does make a move up it will be met with massive selling just so people can recoup their losses thus far. I sure hope they do something soon that will generate more investor interest.
I especially like the lab coats. I know that whenever I’m about to jump into an engine or do laps on a creeper I always reach for my trusty white lab coat. Nothing says hide grease like white.
To whom it may concern,
Dear SAVI, there has been more than ample time for you to prepare and submit the necessary minimal financial documentation to get off and stay off the pink sheets. I would expect nothing less than seeing the 2011 financials and 1st and 2nd quarter 2012 financials by mid-August. I have confidence in the products as do many other investors at this time; however, our combined enthusiasm is not sufficient to generate an increase in share price. To do that is going to require attracting more active investors, and to further remain a “Stinky Pinky” is a disservice to those of us who have supported you over the years. Many of us have a great deal invested on this pony and don’t want to see it stumble at the gate, so get out the spurs and make it run. The only stop sign we want to see is the one halting the bleeding of the share price. Enough with the delays!
Not a very pretty picture you’ve panted Jax, but rather a harsh reality. QSGI needs an income source to pay for all this litigation and they have not shared any information with us. One might conclude their day to day business activities are generating sufficient income to sustain them. This would be a very good thing and perhaps there is light at the end of the tunnel. Let’s just hope it’s not a train.
Consider this; isn’t it just possible that Herb is trying to become a distributor or sales rep for SAVI in his area where ever that may be? That would make sense to me. Haven’t any of you given any thoughts to such a possibility yourself. From reading the posts on this board, I have no question as to the talents and skill sets possessed by many of you, and your enthusiasm for the product is contagious.
I don’t think Herb goes to SAVI as often as he does for extended periods because the cocktail parties are to die for. I think he is obtaining the necessary training and information to carry out an approved business model mutually beneficial to both SAVI and Herb. If you think about it, SAVI needs to expand exponentially its number of distributors and installers, and to ignore this pool of talented believers would be irresponsible on their part. My guess is there are more of you out there considering a similar endeavor and I couldn’t blame you. I will admit that I have given consideration to the possibility of the same thing and even went so far as e-mail the company querying my interest in a business opportunity. Sadly they never responded to my E-mail request about this nor another matter I e-mailed them about.
This certainly will be a wonderful opportunity for many people willing to go to work and find job security, and you know there are a ton of them out there. This is just the beginning given the number of future products and applications Serge may have up his sleeve. If I’m correct about my guess, I hope you knock the ball out of the park Herb. For the record, I am only rendering my opinion.
Go SAVI GO,….. Daddy needs a new tractor!
It sure is hard to stay upbeat and not grunble about this investment. I sure wish I needed a big loss. EARTH TO MARC; CAN YOU HEAR ME NOW?
That would depend on how far up we go. Go far up SAVI!
Avocet, I respectfully disagree with your analogy of Raystream’s Stealth algorithm. You fail to give this company its due. I know for certain that their technology is, and remains, far superior to your proclaimed examples. I personally have witnessed a very convincing demonstration of their Cloaking algorithm technology which was rolled out months ago. Before my very eyes I watched my money disappear, and when the Un-Cloaking process was initiated, half my money was gone. Now you can say what you want about Raystream’s ineffectiveness, but I have seen, and I believe.
p.s. wallywannabe right on target!
Here’s a thought. QSGI and their Legal Counsel mutually agreed to a fee structure before any representation took place. Following the advice of their Legal Counsel, Marc was a no show. I may be wrong but I would think that the Law Office eats this one.
Perhaps free gaskets for one full year!
I wonder how they will feel about receiving shares of QSGI as payment.
Kudos Jax for staying on top of things. You are doing a far superior job of keeping me informed than QSGI’s PR department. Oh that’s right; they don’t have one. Keep up the great job and thanks again.
I’m looking forward to next months “fireside chat”. I was expecting the message to go on quite longer but I’m glad it didn’t; it was to the point as Cool mentioned, and that is all that is really needed. I’m optimistic about the completion of the auditing and up listing, and because we didn’t hear any mention of a date, I feel it will be prior to the next “fireside chat”. I was very encouraged to hear acknowledgement of the need for additional installers and expanded regions. The ball has started rolling down the hill and is gaining momentum. Sub penny is soon going away never to return.
Hey Fernando, Why don't you ask for more help?
Don’t take this the wrong way, but perhaps you are making too big of a deal about the format in which Serge is using to share information. I refer to that being a Webcast. I was doing something like that once upon a time for a business I was involved with and it is not at all expensive. There are services out there that provide the tools for doing so and it is for a flat monthly fee. Once again, it’s not at all expensive but it is effective. Serge could do it five times a day each month and it would not cost any more than once a month.
The most important thing about the Webcast is going to be the content delivered. We already know he is going to tell us about new fleets on board and record sales completed, that’s a given. How do I know this, no it’s not insider information, it’s just what you’d expect from someone that goes to work every day. If I did not hear this I would probably start recovering my money back. I hope to hear specific information that we can sink our teeth into; such as new locations where the product is sold and installed or at the very least, plans in the final stages for doing so. I want to know about the sales teams and what their short term goals are and how they plan to achieve them. It would seem to me that this is what they need to focus on the most.
As far as the DV-Pro, if they can’t bring the DV to the market on a grand scale, it makes no difference if they even come out with The Super Duper DV-Pro with Crome-a-Colour II.
And last but not least, Lauren Fix is a knowledgeable lady well known throughout the automotive industry, but most of the remaining planet has never heard of her so it really does no good to put her on such a tall pedestal. She is a SAVI marketing tool that needs to be utilized to their mutual satisfaction; no more, no less.
Like everyone else, I am looking forward to hearing from Serge. This truly seems to be the year that launches SAVI out of the dreaming stage.
Thanks much for that update. I will put it to good use.
When would I be able to see any information on Edgar about an initial filing? Would this information alerting me (the public) of the initial filing become available immediately or would that information be delayed until the SEC issues a commitment letter or other such notice? I am asking this because I hear all the time “We hope to be compliant by such and such time”. My thought is that if the information is made public on Edgar immediately, I can sort through the BS and verify for myself if they have even filed in the first place.
I further wish to thank everyone who has been helping with my questions.
Well said!
I understand and agree with your valid points about keeping the books up anyway so they know how much tax to pay. I also understand (the hard way) about penny stock scams, that being said, my questions are about a penny stock I believe in. So what are we talking about with regards to fees for keeping the books and doing the quarterly filings, $40,000.00 - $50,000.00? I have heard these estimates tossed around from others; do those seem like realistic numbers; they seem a little high to me. I am guessing gross annual sales for this year might be $2.5 million but with substantial increases in future years. The company makes and installs a gizmo.
To stay compliant as a reporting company, xyz information must be submitted by a specific timetable. There is a substantial expense to a company for the preparation process; accountants, auditors, attorneys etc. Can someone (hopefully several people) share with me what a typical amount that expense would be. I’m sure the initial time a company reports would be more costly due to gathering all the back information so let’s assume we are talking about the next 3 quarters. Any thoughts out there would be appreciated?
move the decimal point
Almost 69,000 shares traded this week, We're talking close to $175.00. Go QSGI ...... to da moon!