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Alibi95

01/14/11 10:03 AM

#14795 RE: bly03 #14794

It may be that SaviCorp does not consider the Information Statement complete until it is approved by the SEC or until the warning is removed or until SVMI is OTC. I make a living writting reports of a different sort, they are never considered complete by me until the powers that be give me final approval after their review.

I have narrowed one of my concerns from this PR to the words "near-term" for these goals. I searched several investment dictionaries and most consider near-term to indicate immediately, within a few weeks to a few months, some consider near term to be anything less than long term which is typically a year or more.

My business background would tend to agree more with the latter. Now that SaviCorp has these goals in writting, it would do no one any good if it takes more than a year to complete.

I agree, a PR clearly stating, as you have indicated, that "SaviCorp has completed the initial draft of the Information Statement and submitted it to the SEC for review" would be a nice gesture on behalf of SaviCorp. Anyone can lawyer a PR, the intent of this one is good, no matter how we pick it appart.
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DELILAH

01/14/11 1:52 PM

#14801 RE: bly03 #14794

We are very positive that the SEC will approve
the unaudited financial reports of SaviCorp due to
the fact that our brokers accepted the same reports and
their HQ approved and cleared our certificates for trading.
So, it's only a matter of weeks before we'll
be back to OTCBB and remove the pink. GO SAVI!!!!