SVMI - I stayed away from the .0004's because as of November 13, 2007, the Company had 1,045,456,564 shares outstanding, 2,607,092,760 fully diluted. Leave it to IHUB to get it going on update news of their DynoValve gismo. http://www.saviautomotive.com/
OTHER EVENTS.
Savi Media Group, Inc. ("SVMI"), is announcing recent progress on its R&D efforts. Savi Media Group, Inc. (SVMI.PK) CEO Serge Monros is issuing this update on the most recent developments with the DynoValve. We are extremely pleased to issue this update and report on several milestones we have achieved over the last few months regarding the DynoValve. The company has been continuing its development and beta testing processes of the DynoValve and has completed over 30 installations in the last three months. The device has been installed on a variety of vehicles including; passenger vehicles both new and used, light duty trucks, motor homes, fleet trucks, recreational watercraft and off-road vehicles. During this process, product design improvements including firmware changes to the controller and resolving connectivity issues have been made to enable the product to be installed on virtually all passenger vehicles sold in the U.S.
In addition, due to the product design improvements, all our preliminary test results have been positive. The test results continue to confirm the gas savings and emission reduction capabilities of the DynoValve. Fuel economy improvements typically have ranged from no less than 10% and in many cases 50% or more. At the same time beta tests on emissions reductions have been as much as 50%. As an example, a 2005 Corvette was tested in June 2008 and resulted in an increase from 18.5 to 24.5 miles per gallon. In addition, a 1965 Chevelle showed an increase from 7 to 17 miles per gallon after installation of the DynoValve.
We are very excited about our design improvements and preliminary test results. We are beginning pilot programs with a variety of fleet owners over the next few weeks. As an example, one of the fleet owners has scheduled to test 10 vehicles from their fleet of 5,000 vehicles with an expectation to purchase units upon successful completion of their testing period of 30 days. We are contracting a consultant, who has successfully provided bridge loans and venture capital for other companies, in order to raise additional capital to launch the DynoValve and to be prepared to fulfill anticipated product orders upon completion of the fleet pilot programs.
If you are interested in participating in our beta testing of small fleets, please call 714-906-3978 or e-mail cleanair@savi.tv for further information.
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