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SavWatt USA (SAVW): The End of The Road After a 250% Trade

Trading downwards for the first time on abnormal volume signaled the end of a phenomenal trade, which we alerted members to before SavWatt USA (SAVW) shares took off 250%.
While we sported the trade earlier, the market is known for unprecedented turns that leave many novice and experienced investors, alike, at its mercy. Thus, we advocate timing.

OTC stock market penny stock SAVW

An 8-K filing with the SEC last week shows SavWatt USA (SAVW) sold hundreds of millions of shares since April to cover debt obligations. CEO Michael Haug, converted $250,000 of debt into Preffered Stock equivalent to 2.5 Billion (yeah, BILLION with a “B“) shares of common stock at $0.0001 per share.

And with the company raising their common stock issuing limit to 4.8B shares, there’s a good chance we’ll see more of the same. The equation is really quite simple. The more parts water, the less enjoyable our alcoholic beverage is. When we reach the point where we can no longer taste the drink that we ordered, we’ll look for another, elsewhere. That’s the likely outcome for shareholders of SavWatt USA (SAVW) – particularly those waiting on a fresh wave of traders for rescue. They’re not coming.

Noting a 1 for 10,000 share reverse-split in 2007, SavWatt USA Inc. (SAVW) has a history of destroying shareholder value. While we hasten to venture as far as to say that this is exactly what is coming, we do see it as a likely event in the near future.

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SavWatt USA, Inc. (SAVW)

SAVW logoSavWatt USA, Inc.
US headguarters
1100 Wicomico Street
Suite 700
Baltimore, Maryland 21230
Phone: (866) 641-3507
Fax: (410) 633-1895

IR: Brendan Magone
Phone: (307) 399-2507
Text BRENDAN to 46800 (GO800)

China & Hong Kong Offices

SavWatt is a market-leading innovator of LED lighting. Headquartered in Baltimore, MD, SavWatt is spearheading the LED lighting revolution that is replacing incandescent, fluorescent, and HID light bulbs with energy-efficient, environmentally-friendly LED lighting.