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He never said you don't own the stock but until we let them move through the process of getting back on the stock has no value. No one will sell your shares at this point.
You say
Well I'm one of the lucky ones that was waiting for current filings to be in place before buying this stock. I thank my good common sense for that wait period or I would be stuck in this mess. So at this point I have nothing to lose by sitting on the sidelines and waiting more for this company to get back on track. I still like the product despite the management failings but I have to agree with those who say the company is doing the right things now to get back to trading...let's hope sooner than later.
I'm following your little birdie. I agree with your assessment. This company will trade again no question. It's when that at this point no one knows.
Yes that will answer my question. Thanks.
Um thanks for asking before I did. DFW what was your discussion? Anything you can share?
Um thanks for asking before I did. DFW what was your discussion? Anything you can share?
Well let me ask this DFW. Do you see this stock ever trading again? Seems they are doing something to keep the doors open but of course that means nothing to shareholders unless they can trade their shares. But what's your opinion of the future besides the company being screwed.
This was not just about SaviCorp but a pitch to other auto related clients that want to be part of this event or whatever this is. Savi is not the only product in this tour. You know it's not all about Savi as far as Lauren Fix is concerned. Look at the links of past things that's she's done. She has other clients. Good for her. I watched the links and I saw Home Depot, a tire company and Repair Pal.
I would think that she is not working for free. So money talks and you know what walks.
I'm going to get more information on this because this could be really big for this company. Looks to me as if they are starting a marketing effort as they wallow through this SEC mess.
This is what that guy Rick Thomas sent me tonight. Seems this is for real. He said just email him if you want more info but quite frankly this looks like enough information below.
October Fall Car Care Month
Ground Media Tour
5 Top Cities and More
October 2015
October is fall Car Care Month and Lauren Fix The Car Coach will visit TV stations to showcase products and services that will help consumers get ready for taking care of their cars and trucks!
Hosted By Lauren Fix, The Car Coach http://www.laurenfix.com
Lauren Fix, The Car Coach®, is a nationally recognized automotive expert in car care, repair, safety issues, buying and selling new and used cars and trucks, and driving skills.
Lauren Fix is currently the automotive columnist for Parade.com, the NewsMaxTV Automotive Correspondent and columnist and hosts the Pedal To the Metal and Car Smarts segments, the Arise TV Automotive and Tech Contributor and USA Radio - DayBreak Automotive Contributor. Ms. Fix is a frequent contributor to Fox News, Fox Business, CNBC and CNN.
Lauren is the author of three, award winning automotive books, Driving Ambitions: A Complete Guide to Amateur Auto Racing and The Performance Tire and Wheel Handbook and her third book “Lauren’s Guide To Loving Your Car” with St. Martins Press. Lauren writes a regular weekly column for the Buffalo News, Sunday Edition called Car Fix.
Lauren’s broadcast experience includes Oprah, The View, TODAY, 20/20, The Early Show, CNN, CNBC, FOX News, Fox Business Channel, Good Morning America, CNN International, MSNBC, Headline News, Inside Edition, ESPN, TBS, Discovery, Speed and NPR. Lauren hosted Talk 2 DIY Automotive, on the Do-It-Yourself Network (DIY), aired 4 seasons and Female Driven on Lifetime TV.
She has written articles and been quoted in USA Today, Good Housekeeping, Redbook, Woman’s World, Esquire, First for Women, InTouch and Self. She has contributed to Motor Trend, Truck Trend, Hot Rod, and Car Craft magazines.
A member of the Society of Automotive Engineers (SAE) since 1982, Lauren is an ASE (Automotive Service Excellence) certified technician. She inherited her love of all things automotive from her father who owned a brake remanufacturing business and she currently owns many cars. Lauren has been fixing, restoring and racing cars since the age of 10. She has been advising drivers for almost all her life.
Lauren is often asked to speak to groups around the world about her success in marketing, entrepreneurship, parenting and other lifestyle topics.
Lauren’s most notable awards and recognitions:
• Women In Industry Award - 2015
• Car Care Council: 2014 Automotive Communications Award for Social Media Efforts
• Car Care Council: 2014 Automotive Communications Award for Video News Release
• SEMA Businesswomen’s Network: 2013 Athena Award
• Car Care Council: 2013 Automotive Communications Award for PR Efforts
• SEMA Businesswomen’s Network: 2012 Automotive Woman of the Year
• Car Care Council: 2012 Automotive Communications Award for PR Efforts
• Girl Scouts of America: 2010 Woman of Distinction – Entrepreneur winner
• Car Care Council: 2008 Automotive Aftermarket Woman of the Year
• 2009 Inductee into the National Women and Transportation Hall of Fame; a very high honor for a hard working automotive professional.
Participation Fee Includes:
• An experienced spokesperson to relay your messages and product- approx. 20-30 seconds per partner
• Spokesperson fees, travel etc.
• Updates on booking status and other partners
• Downloadable air checks of all hits
• Critical Mention links will be included
• USA Radio Daybreak mention
• Plus other opportunities as they arise but not guaranteed*.
• Social Media will include The Car Coach Report, Lauren’s web site, Twitter, Instagram and Facebook etc. With over 17,200 followers on Twitter, Lauren will tweet in each city prior to each segment. With over 2,500 Facebook Friends and over 4,000 likes on her professional page, 11,300 Instagram followers. She will post information on all partners prior to each segment
• Conference call with spokesperson prior to first hit
• Final Media Report
Fee To Participate: $ 10,500
*Additional fees to be considered:
1st and 2nd spot guarantees
COPY AND PASTE LINKS BELOW TO VIEW PAST GROUND TOUR VIDEOS
Hmmmm...is there a reason he would lie about this? I'm not sure he would put it up on his LinkedIn page although I have been asked to connect there by people in foreign countries telling me that I my long, lost uncle from Bosnia left me 10 million dollars.
I would think it to be real. If he's a shareholder I would think he would know about the stock's status. Who knows but thanks for the info.
Thanks DFW for the detailed overview. I had no clue who he was. She's really good.
I emailed him. This was his response.
Yes SaviCorp is part of the fall tour for this year. The DynoValve will be featured with two to three other products.
Sent: Wednesday, July 15, 2015 11:46 AM
To: Rick Thomas
Subject: Lauren Fix Question
Mr. Thomas,
I am watching the SaviCorp stock as a possible future investor. There was a note on your LinkedIn page that stated that Lauren Fix was working with the company on a fall TV tour. Can you confirm if this is true?
This is what it says on his linkedin page. There's a photo of Serge and Lauren Fix who I assume is still with SaviCorp?
Rick Thomas
18h
Rick Thomas
MediaRich Marketing
SaviCorp, maker of the DynoValve and other products designed to reduce emissions from automobiles and trucks, joins Lauren Fix The Car Coach's October/Fall Car Care Month Ground Tour. The October Tour will hit five different cities, national television opportunities and feature partner's products on all of Lauren's digital and social media assets.
Photo: Serge Monros, Founder & CEO of SaviCorp, Inc. with Lauren Fix
[img][/img]
So my Google Alerts brought this up...
https://www.linkedin.com/pulse/activities/rick-thomas+0_2RVv-dZ-lTcpHcnk6oPjNO?trk=nav_responsive_sub_nav_yourupdates
Who is Rick Thomas? Looks like he reps Lauren Fix? I guess Savi is still in business long term if they are working on marketing concepts for the fall.
No timetable on it I would think. It all depends on how quickly they put the areas he detailed in place.
Well unfortunately dog the fact that we are not getting information from this company is probably a good thing. It would surely be something the SEC would frown on and slap their hands for and it seems both the company's hands are pretty raw at this point. Seems Serge is following the right course from a rules and regulations standpoint which is what investors need. What this company does not need any more of is the SEC crawling up their you know what.
Let them do the right thing and get the information to shareholders properly. But I surely understand the frustration.
Yes they accept revocation but it is not permanent. It is not the SEC's responsibility to detail the settlement's terms but it is the company's responsibility to do so in their financials. The SEC only deals in the final outcome not line by line of the settlement.
I don't know when the next filing is due but that's when you will a full overview of the settlement.
"The SEC put the hammer down on Savi."
Solly what does that mean? Is what Serge sent back to them that they are in full revocation of trading? Or a suspension of trading?
Oh no I didn't buy this stock. I was planning to but after the yield sign was removed. That could be a while.
Needless to say you all have to own it. I am so glad I didn't get my people to invest in this stock with where it stands at this point. Bottom line this week will be one of the most important weeks in history for SaviCorp. Let's hope you all see the best and don't get screwed. All you can do at this point is hope for the best.
And a good way to end the story Jim. Get current first. Then work on other issues. I've said it and so have others but no one who hears about SVMI will buy the stock if the company is not current. To expect anyone to invest as a new shareholder they'll just flip past this stock and on to the next if there's a yield sign attached to it so get current and move on to the next issue.
I've been waiting to make my buy at the day they become current. Now I have to wait until at least the end of June. But all of the negative posters here have been eerily quiet. Seems some people hang on to all of the bad with Savi. But you don't hear from them now do we?
Now that things are getting better with the company it's all quiet on the Santa Ana front.
Looks like good things are coming soon. Exciting.
And right after that an 8K? They are moving really fast to get back up to trading. Very good news.
In other words the company is not being supported by revenue but supported by the issuance of stock. Similar to what has happened for years. My question then is do these shares issued have a legend attached to them? And what is that legend? A year or two years.
If there are extended legends as mentioned above then they are coming up for removal of the restriction. The problem is without the company being current those restricted shares cannot have the legend removed until Savi becomes current in their filings, correct?
Have a great weekend!
Yet the lights are still on and they are finally becoming compliant. Despite this current setback they are still filing their audited financials. So I'm not understanding the negativity. I don't want to buy because of their not being compliant and they consistently put up their 10K's to get current. I think the future is bright if they can start making money.
Where are you getting your info on this?
The fact that the company is getting current, the fact that the company is clearing up any outstanding lawsuits and the fact that the company is introducing new products to the market are a positive step in the right direction. Looking back at all of the issues this company has faced over the last several years and looking at where the company is today the management there should be applauded.
Smells pretty good to me.
You responded in a humorous way to my question re:the company getting current. But I do have questions maybe you can clear up for me.
Is the delay for any other reason than they do not want people with restricted shares cashing out too fast to drop the PPS after the Yield sign is removed?
Isn't there a cap on how many shares can be sold on one trading day? Meaning does the OTC limit the number of shares that can be sold at one sitting?
How many shares have that restriction that would trigger the ability to turn them in to free trading shares to be sold?
Thanks DFW for any answers.
Just getting back on this board. Very funny DFW, unfortunately. It's been very quiet in that not only nothing from the company buy nothing from those here posting. Still like this product. But strangely quiet all around.
Good news or bad news getting current is imperative in taking one task off the table and then working on the dilution of shares. But there's no way to attract new investors unless they become current. Yes the Yield sign needs to go first and holding back on anything getting to remove that would quite frankly be fraud. I would think this company doesn't want any more issues with their past problems that they have seem to have resolved.
It's taking way too long and it's frustrating to see the legal opinion from their legal department but still no removal of the Yield sign. Does anyone have a clue on when they will be current?
My understanding is that that with the Attorney's letter on current information that the letter cannot be sent to the OTC until they are fully current and they (the OTC) will review (takes a couple of three weeks for that process) and once that review is completed the Yield sign will be removed. But only if they are compliant.
If they sent that letter and the OTC kicks it back with them not being fully compliant then the legal department at this company needs to be sent packing to Siberia.
Can't agree with you more D. Press releases at this point are meaningless. Revenue will be key moving forward and with the Attorney's Letter re: current financial information that should have the Yield sign removed hopefully this week. Then investors won't be afraid of buying this stock which is where I currently stand.
Agreed. Now that they've filed this paperwork the next step has to be revenue and working on the share structure. Both need to be addressed but at least this will be off their to do list.
The important part of the lawyer's statement..."April 14, 2015 (i) constitutes adequate current public information” concerning the
Company’s securities and the Company and “is available” within the meaning of Rule 144."
Being current should happen soon.
Sorry had to run out real quick to the Post Office. What was your motivation for going for 10 mill with a stop sign? That's kind of scary for me with many of penny stocks up to date with reporting. Or is that standard for those, taking a high risk for potential reward even with a stop sign attached. And do you see issues with the back and forth between stop and yield?
Oh and just getting to happy hour.
As mentioned as soon as the company gets current. The stop sign going up today certainly is in the wrong direction but after someone discovered the 8K being filed that will hopefully have the stop removed tomorrow or Friday.
Quite frankly this stock to a bit too risky for a higher bid. And my 10 million minimum would make the outstanding shares 5,990,000,000 so that would at least be less outstanding available than yesterday.
I think I did the match correctly.
Point is less is less right?
I have already recommended a minimum 10 mill share buy for this stock...when and if they get current. I guarantee that exceeds the amount of shares you have. We will move forward at the right time but again I think you getting up on the right side of the bed tomorrow morning are doctor's orders.
Actually the 8K just submitted today should have the stop sign removed. When you wake up in the morning and you go from yield to stop that will start your day off poorly. So someone hustled today to get the proper paperwork in place with the SEC. The stop sign probably has a business day or two to come down.
Can't continue to be delinquent on the filings and it would be nice to have the fully current.