3SOF

Quote from: madge20 on October 25, 2005, 05:44:18 PM
David,
I called  Solvis the company, spoke to the person that answered and I left message . The CFO Randall Jones called me back on my voice mail..I will call him back tommorrow to get the O/S and auth shs... The pink sheet site says N/A as it relates to our question. I will let you know the two numbers when we connect.

Madge.

Thanks a lot Madge, what a team work 

In the meantime there was no new technical or fundamental information for DRDF.OB, I will continue holding the stock.

David,
Mr Jones CFO at Solvis called me back today. Here is an account of our brief talk. ..He needs to check with his attorneys that it is ok to give me O/S and Auth shs because they are a pinksheet company currently doing the neccessary 10Q's and K to get on the OTC BB. When I asked he said it still could be 2-3 months until they get an answer on listing and off pink sheets. He said he would call me back either way with the share count or an answer that it would have to wait until they are done their filings and on BB.. Bottom line.. we still have no idea how many shs are O/S and Auth.. I will let you know when he contacts me after speaking to his attys..
Madge

Quote from: madge20 on October 28, 2005, 03:37:35 PM
David,
Mr Jones CFO at Solvis called me back today. Here is an account of our brief talk. ..He needs to check with his attorneys that it is ok to give me O/S and Auth shs because they are a pinksheet company currently doing the necessary 10Q's and K to get on the OTC BB. When I asked he said it still could be 2-3 months until they get an answer on listing and off pink sheets. He said he would call me back either way with the share count or an answer that it would have to wait until they are done their filings and on BB.. Bottom line.. we still have no idea how many shs are O/S and Auth.. I will let you know when he contacts me after speaking to his attys..
Madge

Thanks a lot for the info Madge ! It seems it is really a politics thing not to let people know how many shares authorized and outstanding are on Pink Sheet traded stocks. Now we know they're trying to bring the Solvis Group to the OTCBB, that would be good news to DRDF.OB.

I expect each upcoming quarter to be a blockbuster in revenues, so there's nothing else to do but to continue holding DRDF.OB, I see this penny stock with great potential.

David,
Thanks for your opinion based on the info I received from CFO.. If I do not hear from him within a week or two I will call him back..
Thanks,
Madge  ( I'm male but use this handle in rememberence of my girl Schnauzer that died in June)She was a really great dog

Quote from: madge20 on October 31, 2005, 04:25:35 PM
David,
Thanks for your opinion based on the info I received from CFO.. If I do not hear from him within a week or two I will call him back..
Thanks,
Madge  ( I'm male but use this handle in rememberence of my girl Schnauzer that died in June)She was a really great dog

Ok Madge, I'm glad you explained that before I start sending you    Lol.

On MarketWatch.com I got the Solvis Group with just $720,790 in market cap, but probably they don't know it either. If that's the case SLVG would be outrageously undervalued and would rise 10 fold in a few days.

The stock rose 40% today, but with almost no volume ... some interesting news for SLVG, check this:

The Solvis Group Strategic Alliance Agreement With SSL Expected to Provide $25 Million in Additional Revenues in 90 Days

Also read this: «Brian Bonar, CEO of the Solvis Group (http://www.thesolvisgroup.com), said, "As previously announced, we anticipated fifty million dollars in revenues for the next fiscal year in conjunction with our Strategic Alliance program. We are pleased to confirm that we will not only meet this run rate, but now anticipate that our sales results will be significantly higher."»

What the hell is this, DRDF.OB, a 90% owner of SLVG, has a market cap of just $2.79M 

I see 10 bags on DRDF.OB.

I jumped in at 0.0035 lets see 

Quote from: ket1390 on November 01, 2005, 10:25:09 AM
I jumped in at 0.0035 lets see 

Good luck ket1390, you're already ahead a bit  Volume was the highest of the last 6 days, so many a rally is about to happen. I find DRDF.OB to be extremely undervalued, and will look for a huge spike up with every quarterly earnings report.

it is boiling here looks good 

OK, In with you guys on this.

In at .0039

Ken

I'm averaging up with this one.. Bought some more at .004..
Good Luck all..

Madge

More volume and up DRDF.OB goes. I wonder when will the company present the 3rd quarter results? (for them I think it is 1st quarter, never quite understood how in a country like America, where people are so smart, there's no uniformity with this quarter thing? Why isn't it always the same and equal to the calendar year?)

It doesn't matter when, I think there will be a huge spike up on this stock when that day arrives. If the spike comes from an higher base, great.

I'll HOLD DRDF.OB.

down today with low volume nothing to worry 

New SEC filling-10QSB/A

http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=3776635&doc=1&total=&back=2&g=&attach=on

The final paragraph of this filing::::

Historically, we have financed our operations primarily through cash generated from operations, debt financing, and the sale of equity securities. Additionally, in order to facilitate our growth and future liquidity, we have made some strategic acquisitions.

As a result of some of our financing activities, there has been a significant increase in the number of issued and outstanding shares. During the nine months ended March 31, 2005 and the year ended June 30, 2004, we issued an additional 130,037,455 and 371,126,679 shares, respectively. These shares of common stock were issued primarily for corporate expenses in lieu of cash, for acquisition of businesses, for the conversion of convertible debentures and other debt, and for the exercise of warrants.

As of March 31, 2005, we had negative working capital of $22,113, a decrease in working capital of $245 since June 30, 2004.

Net cash used in operating activities was $186 for the nine months ended March 31, 2005 as compared to net cash used in activities of $1,560 for the prior-year period; a decrease of $1,374.

Cash provided by financing activities was $400 for the nine months ended March 31, 2005, a decrease of $294 from the prior-year period.

We have no material commitments for capital expenditures. Our 5% convertible preferred stock (which ranks prior to our common stock), carries cumulative dividends, when and as declared, at an annual rate of $50 per share. The aggregate amount of such dividends in arrears at March 31, 2005, was approximately $498.

Our capital requirements depend on numerous factors, including market acceptance of our products and services, the resources we devote to marketing and selling our products and services, and other factors. The report of our independent auditors accompanying our June 30, 2004 financial statements includes an explanatory paragraph indicating there is a substantial doubt about our ability to continue as a going concern, due primarily to the decreases in our working capital and net worth.

NEWS....The Solvis Group Announces Plans to Distribute Global Food Technologies Stock to Its Shareholders
Wednesday November 16, 4:10 pm ET


ANAHEIM, Calif., Nov. 16 /PRNewswire-FirstCall/ -- The Solvis Group (OTC: SLVG - News), which previously announced the purchase of its wholly owned subsidiary, Boulevard Acquisition Corporation, a publicly-reporting shell, by Global Food Technologies, Inc., today announced that its Board of Directors has agreed to distribute up to 25 percent of the surviving corporation's stock, which The Solvis Group will receive pursuant to its agreement with Global Food Technologies, to its shareholders of record as of October 31, 2005. According to the Form 8-K, filed by Global Food Technologies on August 19, 2005, the 1.52 million shares of its stock, distributed to The Solvis Group, is presently valued at $2.34 million, or approximately $1.50 per share.
ADVERTISEMENT


Further details of the transaction will be announced by the Board and will be detailed in upcoming filings by the company with the U.S. Securities and Exchange Commission. "We are very pleased to reward our loyal shareholders with this benefit," said Brian Bonar, CEO of The Solvis Group, "and we anticipate the distribution of these shares to Solvis shareholders in early 2006."

Mr. Bonar said that the Board of Directors of The Solvis Group and Dalrada Financial Corporation (OTC Bulletin Board: DRDF - News), the parent company, have unanimously resolved that Dalrada Financial Corporation, the officers and directors of Dalrada and Solvis, and their subsidiaries, are exempt from the distribution of the shares from Global Food Technologies.

Global Food Technologies (http://www.globalfoodtech.com) is a U.S. based biotech firm dedicated to using its patented natural scientific food processing technologies to substantially increase the quality and value of commercially-packaged seafood, poultry and meat, and to make those products safer for human consumption through elimination of disease causing pathogens.

The Solvis Group recently announced that certain operating units have been relocated to Southfield, Michigan. Corporate headquarters remain in Anaheim, California.

About The Solvis Group:

The Solvis Group (OTC: SLVG - News), a subsidiary of Dalrada Financial Corporation (OTC Bulletin Board: DRDF - News), includes a number of operating units, including M&M Nursing Services, CallCenterHR(TM), and Master Staffing. The Company provides a variety of innovative financial services to businesses, including comprehensive human resource administration including payroll and workers compensation insurance; and employee benefits such as health insurance, supplemental insurance, HSA savings plans, 125 cafeteria plans, and 401(k) plans. The Company also offers debit card payroll accounts and payroll advances. These services enable small employers to offer benefits and services to their employees that are generally available only to large companies.

The Company also includes an imaging products and services unit, Imaging Tech, Inc., which provides a variety of innovating products and services associated with graphics, photography, and color management. Its technologies include ColorBlind® software and PhotoMotion Images(TM). For more information visit The Solvis Group websites at: www.thesolvisgroup.com, www.mandmnursing.com, www.colorvisuals.com, and www.color.com.

Safe Harbor:

Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.


    CONTACT:
    Brian Bonar, CEO
    The Solvis Group, Inc.
    1520 S. Lewis St.
    Anaheim, CA 92805
    (858) 277-5300
    [email protected]

    Paul Knopick
    E & E Communications
    949/707-5365
    [email protected]




--------------------------------------------------------------------------------
Source: The Solvis Group


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