Yes my guess was April 11 when 30,750,882 traded and closed at .0251. I was watching for it from a hint in the below report which I feel sent the stock on its now downward tend.
On Tue April 18th there was 23,944,583 traded and closed at .0181. Maybe remainder was put to the market here.......however as the market spent some time to digest the below report and begin to move back up on Thur May 4th, 28,609,303 shares traded closing at .0202
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Form 10KSB for SAVI MEDIA GROUP, INC. 17-Apr-2006Annual Report
http://biz.yahoo.com/e/060417/svmi.ob10ksb.html
(snip)
Any additional financing may involve dilution to our then-existing shareholders. We have no commitments from officers, directors or affiliates to provide funding. If we are unable to obtain debt and/or equity financing upon terms that we deem sufficiently favorable, or at all, it would have a materially adverse impact upon our ability to pursue our business strategy and maintain our current operations. As a result, it may require us to delay, curtail or scale back some or all of our operations.
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My question.....How much cash was raised....47.9 Million Shares times..??? Ave .0175 ???
$ 838,250 ? and will this show up on the next quarter report?