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Last $0.0033 USD
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SVMI On Other Exchanges
As of 8:10 PM 06/16/15 All times are local (Market data is delayed by at least 15 minutes).

savi media group inc (SVMI) Snapshot

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10/14/14 - $0.0082
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savi media group inc (SVMI) Details

SaviCorp focuses on the design, development, manufacture, and distribution of exhaust emission and fuel efficiency technologies. The company creates and commercializes blow-by gas and crankcase engine emission reduction products. It offers DynoValve, a patented positive crankcase ventilation (PCV) valve designed for use in automotive gasoline powered vehicles that regulates the flow of blow-by gases; and DynoValve Pro, a closed crankcase emission control and oil recovery system designed for diesel engines that filters particles and oil droplets from the blow-by gases. The company plans to sell its products through commercial retailers, as well as directly to retail customers and distributors. It also sells its products online. SaviCorp was formerly known as Savi Media Group, Inc. The company is headquartered in Santa Ana, California.

savi media group inc (SVMI) Top Compensated Officers

Founder, Chairman, Chief Executive Officer, P...
Total Annual Compensation: $240.0K
Compensation as of Fiscal Year 2014.

savi media group inc (SVMI) Key Developments

SEC Orders Hearings On Registration Suspension Or Revocation Against SaviCorp For Failure To Make Required Periodic Filings

Securities and Exchange Commission (SEC or the commission) instituted public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of SaviCorp. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company was delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceeding.

SaviCorp Introduces DynoFlo HHO

SaviCorp introduced the newest product in its line of emission reduction technologies: the DynoFlo HHO. The DynoFlo HHO applied hydrogen generation technologies for automobiles and can be utilized on internal combustion engines, both mobile and stationary, fueled by gasoline, diesel, CNG and LPG, in addition to commercial, industrial and maritime applications. The system will be beneficial to independent as well as fleet over-the-road truck operators. This new product will be sold as a standalone or in conjunction with SaviCorp's product, the DynoValve. DynoFlo HHO produces and delivers hydrogen on-demand to the engine through a process known as electrolysis, using an electric current to induce a chemical reaction. DynoFlo HHO uses this chemical reaction to split water (H20) into its base atoms of hydrogen and oxygen, reaping the benefits of a controlled reaction to elicit pure hydrogen production. This process is safe, efficient and environmentally friendly.

SaviCorp Hires Vincent Manship as Vice President of Operations

SaviCorp hired Mr. Vincent Manship as Vice President of Operations. Mr. Manship brings 25 years of experience in the automotive industry and is on the job on a full-time basis.


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Price/Sales 713.5x
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