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The video is cute but it is too little too late. SAVI cannot pay the bills, so down she goes. Don't tell me about those imaginary contracts. How many DV did Berg and Mc buy...not enough!
Are you kidding? SVMI has been sinking for two years because of Serge dumping shares and you want to blame it on "lack of buying". Who in their right would buy? The damage done by Serge cannot be undone and SAVI will go to triple 0001 with out a doubt.
SAVI has no sales to speak of and CEO that has not been truthful to say the least. Are "we rich" yet.
Serge being open with financials now is just a show for the SEC and is too little too late.
There is no way Serge can pay the bills without a reverse split and when he does that it will prove everything I have said to be true.
Not bashing just identifying another penny stock scam.
Serge and company jumped a long time ago(notice the pumpers stopped posting). It's the bag holders jumping now before it's too late.
Only down 69%...nothing to worry about! Don't worry these guys are working hard..right!
If she quit already, watch out below!
It's not done. Did you watch the ASK? It's dropping pretty fast. Triples very soon, but make sure you take Mr Thomas' advice and don't sell! Don't forget next year is just around the corner.
Next week,
Next quarter and now
NEXT YEAR!!!
Do you even read what you post? "back to future thing"...LOL
After reading the financials and many of today's posts I think it's safe to say svmi.pk is toast.
Why update the financials now you ask? It's an illusion to distract the SEC. My guess Serge will be pulling the plug on shareholders very soon.
Read Mr Vegas's posts, they are very telling to Serge's incompetence. Serge won't even support a guy that had a major lead like the union boss. A small kick back say $25 a unit and the boss would have made the DV a mandatory purchase to members. Missed opportunity!
PS Have you noticed all real pumpers have disappeared now the cat is out of the bag. Makes you wonder who employed them? I guess their job is done.....LOL
We're neighbors!!! I knew I liked you for some reason.
It's too late for them to do the right thing. Doing the right thing now is only a show and smoke and mirrors. Serge was partner with Mario for a reason.
I don't they are clueless, I think many are working with and for serge. How will serge every pay that bill off?
This is a scam and many here are involved.
Happy investing and god bless. What was Mario's profession?
You're easily pleased....I guess you don't mind people lying to you?
That's a good one....I can't stop laughing. SVMI up 11% today and how much is it down in the last year? A 100% gain won't even get us to a penny! How many pennies did your DOW stocks get you with a 2%
I hope that was a shot at humor?
Look again...bye bye to the 5's.
A typical paid pumper's response "if not happy, sell and move on". I guess we are all suppose to be happy with the continuous excuses for failure. SAVI has not delivered and except for diluting current shareholders.
You paid pumpers just don't stop.
Listen to his radio broad cast again. Paraphrasing, but he said he would the last to sell.
Plus search savi message board it has been stated many times Serge was not selling.
The float increased by 1.5 billion shares. Giving them away for service or goods is the same as selling. Plus, what will happen when those buggers hit the market? That's a simple one.
If you are correct, then why is the stock price sinking? Obviously smart money does not believe you or Serge.
A man of his word you say, well answer me this; was he 100% honest when he said he was not selling shares or was he being deceptive in his choice of words?
I have been told many times here by board members that it's his company Serge = SAVI, they are one in the same. So was he honest?
bly03, I said Cornell TYPE of death spiral. I believe death spiral is very appropriate description. I have yet to see a penny stock that gets involved in this type of financing survive. If the company survives, the shareholders surely don't. The only difference in these companies is the speed at which the spiral occurs. What happens when Serge exhausts the remaining two billion shares?
Yesterday's update was nothing new and the berge electric instal is not nearly large enough to pay the overhead. So, how will Serge and company put food on the table? Serge will have to create more and more 144s until the printing press runs dry. As the price continues to drop the speed at which he uses the two billion will increase dramatically.
Now what. He will have to look for more money and where will he get it? Doc and friends or another Cornell deal? My guess reverse split and start all over.
Serge is to blame not Knight capital for the drop in sp. The missed deadlines and working hard prs have done more damage than good. Now he has hired "expert" people which have shown little to no results as of yet. Except, Thomas he manage to shed light on how bad thing are at SAVI and pissed off a lot of people. So, he has accomplished something in first few months.
The shareholders will be wiped out so, death spiral is appropriate.
Seriously, what was said that could possibly keep the sp from sinking into the triples. Geeze this thing will be a total loss.
No rabbits in this hat!
Do you think the selling is done? Wait until Thursday after the "update" and more of the same "working on stuff". We all better hope it's not!
Also, at this point all the things said about Serge are true! Serge has misled investors and continues to do so. Do you remember his comments "we will all be rich" and "I'll be the last to sell"? Do you? Meanwhile he's dumping shares. Personally, I think this behavior is criminal.
To move the pps will take some serious good news such as
- Doc and Fix taking a financial stake in the savi
- A real national contract that is willing to pay for the DV (not free installs)
-Mr Thomas working instead of watching TV and playing the grandchildren during working hours.
The only way this will ever see 0.07 is a r/s. Serge said no r/s, so no such luck for 0.07, but wait Serge also said he wasn't selling any shares...LOL!
Everyone thought Cornel was bad news, if they only knew!
What are you talking about? I guess you can't read. Where do you think Serge has been getting his money? Can you say 1.4 billion!
How long before doc and fix jump ship? I'm sure they will be associated with a pump and dumper. My guess is when the first lawsuit is filed.
Almost forgot, NICE job Mr Thomas. Oh wait you must be watching TV!
Where are all those big buyers, Herb, Ocean, Albi and Dual and a few others. You guys are pieces of work!
Yep, you just keep the pumps going so you and your buds can unload. Nice job!
I got to admit it really sucks getting ripped off.
I should have listened to Cool and sold everything when it was two pennies. No, I had to hold a chunk of shares that will soon be worthless.
Everyone blamed Mario for misleading investors. The end result with Serge at the helm will be the same.
All those extra mouths sure did eat a LOT of shares. At least we now have confirmation who has been doing all the selling.
I guess we head back into the triple zeroes again. Yep, I wonder how many of the pumpers here actually are working with Serge so he could unload.
The selling pressure should increase while he unloads the remaining 2 billion shares. I guess all you pumpers were correct when you said Serge wasn't selling any shares....yeh right! Shame on you!
Wow nice week. I'm glad many here agree to hold now until August....September......October and beyond so Serge and company can continue to DUMP SHARES! You guys are a toot. Don't worry they are working very, very hard getting nothing done. God this is so funny.
I agree, Rick shouldn't be blamed for the deception perpetrated for the last two years. BUT, Serge is absolutely to blame along with many of the "in the know" and friends of Serge that have been posting excuses for the past two years.
I personally thank Rick for confirming that we have been deceived by many posters here, and you know who you are! My guess is many of the posters are actually 144s working with Serge to dump shares on unsuspecting believers.
SVMI is nothing more than pump and dump penny stock, which has also been confirmed by Rick's post. It will take some serious good news to change that. I think it's becoming obvious that the DV gizmo is a joke!
Seriously, two years to get the financials! Very funny!
"Positive day" now that is funny...LOL It's always positive when SVMI goes down on day when good news is released. Wait a minute that's the same ol' story for SAVI.
The real laugh is no one here can understand why it goes down on strategically place pr with supposedly good news.
Don't worry there is always next week...LOL
I guess you didn't read the PR, grand total of 114 DV installed? They have been working on fleets for two years and he releases a pr with a total of 114! If they installed some big fleets why not at least give the numbers?
Yes, you are correct we are all mouths to feed. The big difference is most companies are not selling stock to put food on the table. Did you notice no selling Wednesday; do you think that was a coincidence? Wait for pr on Thursday and dump, I guess you miss that?
Plus, who predicted we would have a fluff pr, and yes it was fluff, ME! He needs to suck more people in so he can dump and feed those mouths.
Why do you think they are still on the pinks? One guess, it allows him to hide behind the stop sign.
Two years to get paper work done, give me a break!
You and others continue to make excuses. I wonder how many of you actually work for SAVI? I’m thinking most on the board.
Yes, it's sad after two years SAVI still hasn't landed a fleet of any size. It also sad that people can't see all the selling is being done by SAVI. I suppose those mouths are working for free?
That explains the sell off. More testing and no big contracts, same ol' same ol'.
Not enough sale to pay the rent let feed all those mouths. It's pretty obvious who the big seller has been. Does anyone have any doubts?
Receiving options and RSU doesn't show any commitment by the three. It's an expense to SAVI which results in more dilution to existing share holders, especially at sub penny prices.
If they truly believed in what they are peddling, they would be buying instead of milking the cow!
Time for a fluff or "working hard" or "making progress" pr.
Seriously, how can it take this long to get he financials done? Another quarter down and nothing!
3 million and I'm sure it's more than all three combined!
So, I guess the answer is zero. Why would someone buy into the hype when the people pushing the hype don't have enough confidence to buy? This is says a lot about SAVI and their intentions.