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I'm not going to lie, that conference call was a rambling disjointed dump truck full of excuses and empty promises.
I have heard better presentations from 8th graders. I wish I hadn't listened to it. I seriously question whether Corey has accomplished anything of merit in his entire career. Very disappointed. The guy can't even talk.
Does anyone know where to find the link to the May 30th conference call text? If there was nothing worth transcribing I understand.
Well AFYG also proposed to get current in their filings by the end of the first quarter, now two months late and counting. AFYG is good at proposing things but their record of performing leaves much to be desired.
Also, what are they giving away to acquire anything these days? It's not like they are flush with cash.
I'm guessing from the lack of displayed enthusiasm on the board nothing much came out of the conference call that would merit a rating of "show time."
If you look at the price action/volume since the last conference call a pretty good case could be made for it already suffering from knife wounds.
Agree on the predictions. Who would have thought last December that the share price and volume would have been this bad nearing June. Corey is now two months behind and counting on his projection to get current. Time is running out. It's show time.
Today is the big day. If AFYG is going to maintain the fading health of the Canary in the mine they had better come forward with something more than just more indeterminate delays and unsupported hopeful prognostications.
Since Corey said at the last call he was 95% there in getting current, surely he will announce this week that they have made it.
Furthermore I can't conceive how he could not announce the revenue figures from the sale of production and maintain any credibility at all.
Enough of the gold is shiny and used in teeth tweets.
What is at issue here is not whether there is a demand for pollution control devices the world round, what is at issue is whether the Dynovalve has convinced any significant customer that it is a solution. After years of claiming they are, it has yet to happen. This gives me great pause.
Well the good news is...........
When we sift through sand & gravel to separate the gold, we are actually looking back at the earth's history!!! #AFYG http://bit.ly/1cOs3Gz
Common sense would also require that you question the inability to sell such a wonderful product (if you indeed buy into the product being wonderful) in meaningfull numbers after years of trying.
Over time both the free market and the stock market get it right. They have both made their decision regarding the Dynovalve after years of exposure.
Do you still feel this way?
It's long past the opportunity to get out of this one, that was months ago. If more cheap shares are the goal opportunity will present itself soon enough.
I still maintain that in it's present incarnation as a gold producer Affinity is game over. For those who have years to wait, look for the shell to reemerge with a totally new persuit and then sell that pump.
I'm calling it 5 for 5.
Everyone has their own standards for assigning credibility but from my perspective the last source I would seek for information about cars is some self promoting broad.
In your opinion, why has it taken so long? And...when do you expect it to be complete?
I'm one of those guys who doesn't believe what strangers say on the internet about any product. I consider those testimonials to be exactly what they are, hearsay.
Jerry Brown has more incentive to adopt and support the Dynovalve than anyone on earth outside the company itself. Jobs, tax revenue, clean air. The fact he to date has not, should bother any investor in this ticker.
One hour into the trading day and bid support at .04 seems to have vanished. Optimistic investors should be concerned.
What is at issue here is not whether or not governments want cleaner air, what is at issue is whether or not Dynovalve is a potential solution to achieving that. So far, not even Governor Moonbeam thinks so.
So far this morning, the thick bid support line at .04 is not there. Not a good sign.
What possible reason would Tesla have to buy SVMI? To help reduce the emissions on their vehicles?
That said, many large companies would be interested in buying SVMI, if it performed as claimed.
I believe they already have..........
"By this reasoning, RATIONAL people will sell all of their SAVI shares TODAY and not look back."
#Peru aims for more than 3.5 mn tourist arrivals in 2014! Keep watching Affinity Gold. #AFYG http://bit.ly/1cOs3Gz #gold #silver #mining
The audit must nearing completion if Affinity has time to monitor local tourist arrivals!
It's true that SAVI indeed has nothing in common with Tesla, unfortunately. Tesla was brought up to refute the erroneous contention that low emission technologies like the Dynovalve had a huge headwind in gaining acceptance by the government. The loans received from the government (465 million) are a big reason Tesla got off the ground. The Obama Department of Energy would love to give a company like SAVI money IF they thought it remotely had any functional merit. They gave Solyndra over a half a billion.
The two facts that cannot exist in parallel in a rational world are: Dynovalve works as advertised and present company officers are competent to market it after years of trying.
The penny market has been telling us for years that either it doesn't work or it is in the hands of those unqualified to make it into something. I at this point happen to thinks it's both but it has to be at least one or the other. Several different experts have left, why?
Well, I don't agree with your conclusion but if I did, I would then recommend firing all the company officers for felonious negligence.
That has been the lingering question for years.
Excerpted quote from the CARB document does not constitute a ringing endorsement from my view.
"THIS EXECUTIVE ORDER DOES NOT CONSTITUTE A CERTIFICATION, ACCREDITATION, APPROVAL, OR ANY OTHER TYPE OF ENDORSEMENT BY THE AIR RESOURCES BOARD OF ANY CLAIMS OF THE APPLICANT CONCERNING ANTI-POLLUTION BENEFITS OR ANY ALLEGED BENEFITS OF SAVICORP, INC.'S ECONO VALVE/DYNO VALVE KIT."
The point I was making is if the Dynovalve was as good as advertised, it wouldn't be a penny stock.
Do you have a link that actually comes from CARB?
Compare the price action on the Tesla stock with SVMI stock and therein lies the truth.
Also look how the government embraced Tesla (zero emission technology) with major loans to get them started. That kind of kills the argument that low emission technology is politically an up hill battle.
Well if the DYNOVALVE does work, someone needs to get it into the hands of people who know how to market it.
If the below was even remotely true, it would be breaking news on every major network including cable. The climate change people like Obama would be going nuts about it. The fact that none of this is happening should tell one all they should need to know.
SaviCorp -
Quote:
--------------------------------------------------------------------------------
"We have achieved success by eliminating up to and/or more than 90% engine emissions from the gasoline version of the DynoValve. Our independent testing confirms and documents these outstanding results. Right now 270M vehicles nationally are generating 2.7B metric tons of Green House Gases that can immediately reduce their emissions up to and/or more than 90% with the installation of the DynoValve. We have a cost effective, validated Emission Reduction Technology (ERT) product that not only reduces emissions up to and/or more than 90%, but improves MPG and substantially improves engine performance!
Well I have to admit the performance of this ticker is reflective of the content of the recent conference call.
Like I said if it did work, what kind of a company couldn't sell it by the millions? Either the valve doesn't work or the comapny doesn't work. Take your pick.
It's obvious it's too late to sell. I would just forget about SAVI until I heard about it on the evening news, prior to that it isn't going anywhere. IMO
One is only left to conclude that either the gizmo or the company is badly flawed. There is no other possibility. Maybe both?
There is something badly wrong with a company that purports to have a gizmo that does what it says this one can do and they can't make a go of it after years.
To quote Corey " I can’t give a timeline exactly." How about one not exactly? Furthermore, Corey hired the auditors and attorneys and he is the one responsible for providing them the information. He is the man responsible for getting it done.
No comment on the actual financials, revenue verses expenses? He has to know what that is and if not him, who?