SaviCorp (fka SVMI)

[bly03]

DFW,

Yes, indeed the share structure is a bit of a problem. I recall we had some posts about the fully diluted share count when the unaudited financials showed that they were clearly over the 6 billion authorized. I continue to wonder how they will resolve this. Clearly there are at least three options:

1. Increase of the authorized
2. Reverse split
3. Share buyback or retirement.

Obviously most investors would love if option 3 were employed. Until last week's news, that seemed like a bit of a pipe dream, but now, who knows?

I assume that you saw in the 8K that they added more preferred shares (further increasing the fully diluted share count).