This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

SaviCorp Appoints New President

SANTA ANA, Calif., Nov. 13, 2012 /PRNewswire/ -- SaviCorp® (OTCQB: SVMI)

Serge Monros, Founder and CEO of SaviCorp, manufacturer of the DynoValve®, has named Victor A. Chu President of the company, effective immediately.  In this position, Mr. Chu will oversee all business operations of the company at its Santa Ana corporate headquarters, including strategic focus on sales, business development, and product development in both domestic and international markets.

"I am excited to welcome Victor Chu to SaviCorp as I transfer full control of the company's day to day operations to his proven and seasoned leadership," said Monros of the new appointment.  "This appointment allows me to spend the majority of my time focusing on our strategic direction for research and development of the DynoValve® and the DynoValvePro® for diesel engines, as well as other patents that will enhance the value of SaviCorp."

Chu brings over 20 years of experience developing early-stage companies in a broad spectrum of areas including sales and business development, compliance, operations, marketing, relationship management, and recruiting/training.  In 1994, Chu left his position as President/CEO of a general securities brokerage to commit his resources to a regional full-service independent securities brokerage.  Over the course of 13 years, Chu was an integral resource in building gross revenues from $8 million to over $150 million generated from clients in over 40 states.

Mr. Chu comments on his appointment this week; "As an automobile enthusiast, I am extremely excited about this rare opportunity to have a significant impact on the growth of a company that offers an excellent product that reduces the carbon footprint from our vehicles while offering performance advantages.  I am working immediately to expand fleet sales and develop a national network of distributors and installers for the DynoValve®."

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,424.85 +162.29 1.00%
S&P 500 1,862.31 +19.33 1.05%
NASDAQ 4,086.2250 +52.0640 1.29%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs