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By having to adapt the dv to engines that aren't even being mass produced yet and may never be. I think you are kinda putting the cart before the horse with this, but as I said before I see what you are saying. The reality is we are a small company and only have a limited amount of resources at our disposal.
No this will not effect SVMI in the least. With over 1 billion vehicles already on the road SVMI would be estactic to even get 1% of them total over the next ten years. That would be an average of 1 million dv's a year and would be considered a great success by anyone. This has nothing to do with Scuderi as it's apples and oranges. There are many newer technologys out there and SVMI has it's place in the market. Serge already has plenty on his plate to deal with. SVMI is small and can't get ahead of every company out there, but rather just do their thing and do it well until it's time to change gears. I'm saying we are just getting this thing off the ground and here you are already trying to change it, that's all.
GO SVMI!!!
I understand, but with over 1 billion vehicles already on the road it will have little effect on what SVMI is trying to do today. Savi isn't going after cars of the future, who knows how the dv would work on them. That may change down the road, but I'm more focused on getting our ducks in a row for the near future as that will help determine what course of action we can take in the future. There is a huge market out there for more than one new technology. I'm eager for the dv to take off and the pro to hit the market.
GO SVMI!!!
The impact from Scuderi has nothing to do with the vehicles that have already been made and that's where we come in. I don't see the two as being related although it's a great concept and I hope it makes it's way into new vehicles at some point. That's my understanding of it anyways.
WOW took most of it out in one shot. Back up we go!!!
LOL great now I want some icecream. I really do believe that SVMI is waiting for something before they start releasing the news, OTC probably. Out of the handfull of large fleets and numerous smaller ones not one of those companies has given the OK to pr they have went with the dv? Not buying it at all. It's coming folks, get ready.
GO SVMI!!!
I took this from a poster off of another board who was trying to sell some SVMI last week.
"Btw, the market is fantastically corrupt. I also doubt that it was coincidence that I spent a few hours trying to unload SVMI and each sell order was followed by the removal of the current bid, and a replacement of a bid just beneath my offer. This occurred no less than six times, without any part of the preceding bid being filled. Coincidence? Doubtful. This is also against the law."
Now I'm not saying daily action is always the doing of MM's, but they do have a lot to do with where this stock trades for the time being.
If they sell today then the money will be in their account possibly by Thursday, but more like Friday and with next Tuesday being the deadline it makes perfect sense for the selling of a large block today. The person was holding out for a higher sp, but has little choice, but to sell now in order to make the deadline.
Just logged in and was going to say the same thing. With a float of over 1.2B it could be any number of people for any number of reasons. The fact is there are a number of people that hold a ton of shares. If we see dumping of say 20M or more than I would start to get nervous. Don't forget tax day is a week away so that could be a solid reason for someone selling, but who knows.
GO SVMI!!!
Pretty quiet today, not much to talk about, but just when you don't think anything is happening with SVMI BAM it's here.
GO SVMI!!!
That's a good point with all of the paperwork Serge has submitted. If this company wasn't going anywhere why would he even submit any of it. SVMI is gonna be rolling once the audit is completed and we uplist then Serge will just keep knocking them out one at a time.
GO SVMI!!!
I just thought this is disgusting that people breath this in every second of every day and we wonder why cancer and disease are touch our lives on a daily basis.
I'm under the impression that it will give us the AOK like in California all across the country.
I don't know where you are from, but I took a trip out to California about ten years ago and LA was one of my stops. The pollution was so bad that you could actually see the cloud of smog when you were driving into the city. That's the only time I've ever seen that as I'm sure there are others, but just thought I would share.
Sorry it posted twice
Not only that, but the pro will cost considerably more so the room for a larger profit margin is there as well.
I was talking about the approval for the dv as I think Serge said it costs between 500 and 600k and six to seven months on average to get through the process. He did state they started it and that was back in January so possibly June or July.
The financials were submitted weeks ago and they are paid for as well so I don't think it will take that long, at least I would hope not. If they can get the pro up and running that will sell like hotcakes. Just think about it, it's nothing for a couple hundred thousand miles a year on a semi at close to $4 a gallon. Even if the pro can give them anywhere close to a 10% increase it will be a no brainer for them cuz they put so many miles on each week.
Well Savi will be a fully reporting company and not so scary to investors so I think there will be a big increase in volume and sp. When people see it's a real company with a real product that generates income and they are actually selling it to a lot of fleets that's money baby.
GO SVMI!!!
Are you talking about the Fed approval for the dv? If you are I think Serge said 6-7 months in the STT interview so maybe June or July if that's what happens.
Enjoy the weekend everyone. Hope Serge has something in the Savi Easter basket for all of us.
GO SVMI!!!
Seems like a bit of an odd number for painting, but maybe that's what they want it to look like.
Just partial of someone's order getting filled I'm thinking
Well banks are paying what? I haven't checked lately, but last I did it was around 1%. One thing I agree with Cramer on, a CD is basically worthless and invest in the market at this time as a cd will get you a profit that won't keep up with the times. I do think the market has pretty much topped out so I'm very happy to be in SVMI. We are just getting started while most will be on their way down. I'm outta posts for the day. Take care and GO SVMI!!!
I will be there to meet you my friend with a graduation gift in hand. I remember my graduation from college and it was one of the most exciting times of my life, a true accomplishment after reading countless books and attending all the classes. Enjoy and take it in while you can.
Now I don't wanna steer anyone down the wrong path as most of this if my beliefs, but many of beliefs are based on what I have read and observed. Please don't hold me accountable for my beliefs as not even Serge gets it right some of the time. Just a disclamer because I have no doubt the Debbie Downers will pile on given the chance.
Yes Savi has given us a peak, but Last you and I both know this is barely the beginning as to what Serge has up his sleave. OTC, then fleets, then first quarter financials, then hmmmmmm carb approval of the pro maybe, then fed approval of the dv. All along more fleets signed. This is just waiting to blow!!! Remember people 26k for the first two quarters of revenue and we were well over twice what we are now.
Can you just imagine? Serge won't need any thanks from us. Say two years from now Savi is global and the Pro has swepted the heavy duty transportation market. Most Savi investors that had the insite will be sipping foofoo drinks on a beach somewhere and I hope to meet many of you in time.
To me that's completely and kinda bs. I heard Serge say that as well and his enthusisam is wonderfal, but that's not the way business works. My best friend asked me today if so many great things are happening at Savi why are we so low? Easy answer cuz if it were that simple every CEO would just say things are great. Savi has to make the OTC, show the dv works, and show they are selling it.
Honestly, IDK that much about it. From the info I have gotten we are very close and it's out of Serge's hands at this point. I do know it's exciting and it takes me back to feeling like a child on Christmas morning. If only we could relive that feeling at will aahhh.
GO SVMI!!!
I don't think it's Serge, but rather just business. Deals and such take more time than what we see in our daily lives. I truely and absolutely believe Savi is waiting to hit the OTC before we see what they have been up to the pass few months. If conditions are right we could see a run of one or two thousand percent. I will sell some on the way up and based on conditions probably hold a large portion for the long haul as this company may turn into something the entire world can use. Have you searched the net? I have quite a few times and Savi isn't the only one onto this concept. IDK where the other companies I have read about are in the R&D or stages of development, but this technology will become very important in the near future.
GO SVMI!!!
Lastay I honestly don't know about that. I'm just reporting what has been published and going from there.
Remember when I posted the financials and they said audited? It was a ways back. The financials hadn't said that before.
I'm talking about the financials only.
And the filings have been done for some time now and the payments have been made so maybe next week or the week after. Hard to say as it's in someone else's hands now, but I turely believe they are waiting for the OTC as two fleet contracts that I know of were published on the net awhile ago if one searched hard for, but not reported by Savi. It's the right thing to do imo.
GO SVMI!!!
No, Serge stated he thought the move to the OTC would happen in February or March on a couple of occasions. Once the paperwork was submitted it's out of his hands. This didn't happen, but however now we have the paperwork submitted and it's paid for so now we are at the mercy of a government organization and they move at a snails pace for the most part. The Bureaucracy we live in.
Case in point, look what happened last summer before the YA deal. We ran up to .024 and that had nothing to do with sales, but rather anticipation of the YA deal. I was a big part of the largest volume day for 2011. I remember while doing some dd I came in here and you guys talking about my bids. Now look, 26k in revenues in the first six months of last year reported and the sp was much higher than compared to now. Now just imagine mulitple contracts of 500 or larger with a good deal of smaller sprinkled in there with us reporting on the OTC. That tops the first six months by volumes and IMO a much higher pps. Another point, how many times have we seen a stock run up in anticipation of a earnings report? I have witnessed it more than I can remember and while this isn't an earnings report it's a hugh material event that is related to earnings. Will it happen, no clue. I just like throwing ideas out there and hearing what people have to say, just making chatter to pass the time. One can learn alot from certain people. DFW nice to hear from you today as you were one of the people that stuck out in my mind when I was getting into the company. We miss you and it would be nice to hear from you more often. Alibi, I respect a great deal as do most on this board.
GO SVMI!!!
When I said we could end up in the teens that was for the most part due to anticipation. Once a company is established and investors see it has a profitable product with room for company growth I believe we will see the sp take off. A product that has a good profit margin and actually sells combined with a company that has huge potential for growth equals a higher pps imo. Those factors are worth alot when putting a value on a company and while putting a number on it based soley on sales and revenue is a decent indicator I think there is much more to be taken into account.
Absolutely because I have seen it happen, but I also think Serge is being top heavy on his prediction and we don't know what his idea of shortly is. Just wanted to know what others have for input on the subject. Thanks for your reply Cadillac. I don't remember seeing you on this board before. Are you a SVMI investor?
Any thoughts on Serge stating .50 to 1.00 for a share price once we hit the OTC due to it being a ligit reporting company with a real product? I have listened to that interview and thought wow what's going on that we don't know. In his latest interview he said Savi will be a billion dollar company shortly. That's putting the pps around .44, give or take a penny or two depending on the actual number of shares and saying alot.
GO SVMI!!!