You are correct. No sales, no revs, and no profits. That's why the stock is priced at
.0065. If they were an operating, revenue and income producing company, do you really think the stock would be trading at these levels?
Obviously, with a pinkie and a non-rev producing company you have an extreme amount of risk. If you wait for announcements of production, contracts, sales, and revenues, of course, you would have a "real" company. My feel is that you would also be paying up at that point for the results.
IF Savi can become profitable, the price will rise to reflect that. A safer play here would be for one to wait and see. I am not waiting as I visualize a company that will be able to shortly manufacture and sell their DynoValue to many industries and companies, not just automobiles.
Should you decide to invest at these prices, I wish you luck as many have wished me.
Take Care
Act in Spite of Fear and Uncertainty
Blockman
