The 8K filed on August 2, was the last document filed by SaviCorp that qualifies as an official filing for Tier Level. They have filed several other documents, including the initial disclosure statement since then. The Yield Sign changed to a Stop Sign exactly six months later. The most recent informaiton from Serge is that he anticipates the jumbo filing to be completed in March or April. He also hinted that SaviCorp plans on moving off the pinks sometime thereafter. There was talk about a jumbo filing last year. Obviously, that did not happen. At that time a few posters indicated that YA Global was the reason the filing could not be done at that time. YA Global was settled last summer and if that was the problem, it should not be anymore. Slowly but surely, SaviCorp is working out all of the past problems.
SaviCorp traded under the Stop Sign for several years prior to going to the Yield Sign.
The Stop Sign will be gone in the relatively near future per Serge.
The change that I see as a Long, is that there are individual and fleet sales happening at a record pace to end last year and start off this year. Good things are happening at SaviCorp and this could be the year.
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