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NC Jim

08/08/12 3:41 PM

#26107 RE: something #26106

So they should be done by the end of this year?

Jim
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ICEQUITY

08/08/12 8:02 PM

#26110 RE: something #26106

Something tells me he is correct about the DynoValve's not being finished with ALL these installations.

In my opinion... Not really but I like saying that. ;0

Q.
When do you think these fleet contracts were going to pay SaviCorp for the DynoValve installations?

A.
SaviCorp will be paid after the work is complete and a invoice has been sent for the each DynoValve installation.

This is why you did not see them in the books, because you cant just count an agreement as money in the bank. In SaviCorps case money really does need to be in the bank after a invoice for each DynoValve has been installed.

Do you really think if a company had a agreement for 10,000 installed properly working DynoValves... That they would cut you a check with no DynoValves installed?

So how many orders do you think Savicorp has waiting to be installed? More then you can imagine - IMO