This part of 10-Q shows where they're headed:
Plan of Operation
We believe that there are six critical elements for the building of a successful research & development company that has the capacity to manufacture technology for the implementation of immediate and long-term solutions to the global challenges of air, water, and land pollution.
1. People - this includes a qualified board of directors, advisory board members, management, employees, shop personnel, Q.C., project managers, journeymen, welders, machinists, cnc operators, cad cam, shop planners, senior engineers, tool & design, maintenance personnel, calibrators & inspectors, sheet metal fabricators, debburing & finishing personnel, purchasers, transporters, cnc trainers and consultants, etc.;
2. Projects - a credible portfolio of projects that have the appropriate risk-return ratio in order to generate potentially significant shareholder value;
3. Capital - based upon the reputation of the people and the quality of the projects, there must be sufficient capital in order to launch the company and to provide for additional fundings;
4. Technology - the most advanced interpretation methods, techniques and methods should be utilized in order to maximize the potential for finding and developing immediate and long term solutions to the global challenges of air, water, and land pollution;
5. Favorable positioning - the international influence of the oil and gas companies along with the automotive & diesel industries requires a combination of secured relationships with their appointed leadership in these various industries as well as with all the various local and international governmental entities; and
6. Manufacturing capability and equipment- the competitive nature of the automotive & diesel industry requires a unique approach and a significant capital commitment in order to secure the latest in hi-tech equipment, technology, research, and the creation of numerous patents as well as to expedite mass production.
People:
In August 2004 Savi Media Group was founded by Serge Monros and Mario Procopio. Serge Monros sold several technologies to Savi Media that he personally developed over the last 17 years. Mario Procopio was hired as the President, Chief Executive Officer and director of with a mandate to acquire the initial funding for the planned projects and to assist in aggressively transforming us into an emerging research & development company utilizing cutting edge of technologies in the field of automotive and diesel retrofitting and pollution control. In August 2004, Mario and Serge recruited enough capital to acquire a bulletin board company, pay off its existing debts, and begin to launch the varied projects of which the DynoValve is one of several projects. Two years later, we have contracted with leading engineering firms, over three-dozen professionals as either employees or consultants and officers and directors that accomplish their tasks in an expedient manner.
We have contracted with several significant additions to the operating team through the establishment of a Strategic Advisory Board. On this board we have notables, including General Alexander Haig with a background serving in the U.S. Government as Secretary of State for Ronald Reagan, Commander in Chief, U.S. European Command for President Gerald Ford, Senior Military Advisor to Dr. Henry Kissinger White House Chief of Staff for President Nixon, and as a 4 Star General in Japan, Korea, Europe, & Vietnam. General Alexander Haig is among the most decorated military and civilian figures of our time. In addition to his military accomplishments, General Haig has held a number of key positions in political and business leadership, and presently serves as Chairman of Worldwide Associates, Inc., and is a senior advisor to United Technologies Corporation. He also serves on the Board of Directors of America Online, Inc., Interneuron Pharmaceuticals, Inc., MGM Grand, Inc., the National Foundation for Advanced Cardiac Surgery, Preferred Employers Holdings, Inc., as well as Metro-Goldwyn-Mayer, Inc. and United Technologies Corp. General Haig is perhaps best known as U.S. Secretary of State under President Ronald Reagan, appointed by the President-elect and confirmed by the U.S. Senate. However, many are familiar with General Haig’s reputation as a paragon of statesmanship, with the mental and tactical genius befitting a 4-star general, and the consummate diplomacy of a master negotiator at the highest levels of the public and private sectors.
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----------------------------------------------------------------We continue to seek additional qualified candidates to join our Board of Directors and Advisory Board. We intend to utilize our strong industry contacts with top quality consultants, contractors, and employees to expand these Boards.
Projects:
During the quarter ended June 30, 2006, we further refined our strategic plan and have determined that the maximum value to all of our shareholders is best served by targeting three focused project areas that provide for long-term growth from our invested capital. The three major project areas are as follows:
A fully functional R & D Lab and office with limited manufacturing capabilities and state of the art diagnostic equipment.
We have constructed and established this lab with its adjacent offices located at 2530 S. Birch St. Santa Ana, CA. 92707. The lab should be fully functional and in use before January 2007. We have also negotiated with G & K Auto in acquiring a 270,000 square foot R & D lab and office in Tian Jin, China in the Auto Trade - Free Trade Zone in order to test and retrofit heavy duty equipment, machinery, and certain diesel engines that they have shipped overseas from China to our facility here in the U.S. We also have established dependable mutually benefiting relationships with about a dozen large manufacturers around the world for contract outsourcing so that when we grow beyond our capacity locally to meet certain production needs we can adequately outsource. For example, we could ramp up within three to six months to a manufacturing capability of about 50,000 DynoValve units monthly and more at our facility.
Implement the initial testing phases in order to secure revenues, licensing agreements, and contracts.
Domestic and international entities have given us projects to test our equipment on selected diesels, stationary machines, and technology for certification and verification. As we continue to obtain favorable results in these certified tests, there is greater potential for obtaining purchase orders and contracts.
Become a technology partner to the various entities that are focused on environmental solutions.
We are presently participating in a consortium of companies with emission reduction technologies for the problem solving of both our local environmental challenges and to assist in China’s pursuit of immediate solutions to the particular needs in their environment.
