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ATM

07/14/06 3:55 PM

#3556 RE: bermuda #3555

Everyone here want to make up your losses on this turd should invest in ACHI. They are the real deal ... just recently announced PO's with GM and much is in the pipeline. ACHI could well become the standard of machining for Auto Parts worldwide as well as many other applications.

It is my largest position in the penny stock portfolio I trade.
Check out the ACHI (Silicon Investor) board for great info and my previous posts
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ShaqsBootyCall

07/14/06 3:56 PM

#3557 RE: bermuda #3555

From EDGAR:

On July 10, 2006, Savi Media Group, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Cornell Capital Partners L.P. (“Cornell”) providing for the sale by the Company to Cornell of its 10% secured convertible debentures in the aggregate principal amount of $2,970,000 (the “Debentures”) of which $1,670,000 was advanced immediately. The second installment of $800,000 will be advanced two business days prior to the filing by the Company with the Securities and Exchange Commission (the “Commission”) of the Registration Statement (as defined below). The last installment of $500,000 will be advanced two business days prior to the Registration Statement being declared effective by the Commission.


In connection with the Purchase Agreement, we agreed to issue Cornell warrants to purchase an aggregate 2,900,000,000 shares of Common Stock of the Company (the “Common Stock”), exercisable for a period of five years as follows (collectively, the “Warrants”):


Number of Warrants Exercise Price

1,000,000,000 $ 0.003
1,000,000,000 $ 0.006
300,000,000 $ 0.01
. . .

Does anyone have the full Edgar release?