Monday, January 4, 2010
SVYR -SAVOY RESOURCES CORP - A Stock With Tremendous Upside
Each trading day the Pink Sheet and OTCBB markets are hit with a bevy of well written press releases touting the next big invention, contract, and/or acquisition. Companies cast their lines out in the hopes of snagging a few investors to buy their stock. Most of these press releases are fraught with vague hopes of something that will, in all likely hood, never come to fruition. Wading through the good and the bad can be a difficult chore.
Every once in a while you find the company that is not throwing its line out there. It's not trying to lure investors in. Rather the company filed with the SEC an 8-K with details of a pending acquisition. This 8-K was not issued as a press release. It was filed quietly, and the Guru was lucky enough to stumble upon it.
SVYR issued an 8-K back in October stating that with the proper funding they are going to be able to make an acquisition that would make this stock, currently trading at $.018, a bona-fide steal. If the numbers are indeed real, and the acquisition were to take place the Guru thinks SVYR could post significant gains.
SVYR 8K Filing
SVYR will be adding a company with $55,894,296 in assets. They will be also be taking over a project that is expected to earn a net profit of approximately $38 million over the next year.The math is mind boggling for a stock trading at $.018.
The share structure, as currently constituted, is roughly 70 million outstanding. You are looking at these acquisitions adding almost $.85 a share in assets and $.50 a share in net profit.
If these acquistions are consumated, SVYR will be the most talked about stock of 2010.
Every once in a while you find the company that is not throwing its line out there. It's not trying to lure investors in. Rather the company filed with the SEC an 8-K with details of a pending acquisition. This 8-K was not issued as a press release. It was filed quietly, and the Guru was lucky enough to stumble upon it.
SVYR issued an 8-K back in October stating that with the proper funding they are going to be able to make an acquisition that would make this stock, currently trading at $.018, a bona-fide steal. If the numbers are indeed real, and the acquisition were to take place the Guru thinks SVYR could post significant gains.
SVYR 8K Filing
SVYR will be adding a company with $55,894,296 in assets. They will be also be taking over a project that is expected to earn a net profit of approximately $38 million over the next year.The math is mind boggling for a stock trading at $.018.
The share structure, as currently constituted, is roughly 70 million outstanding. You are looking at these acquisitions adding almost $.85 a share in assets and $.50 a share in net profit.
If these acquistions are consumated, SVYR will be the most talked about stock of 2010.
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2 comments:
WOW -great write up
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