SEC Info - YA Global Investments, et al. - ‘SC 13D’ on 7/17/06 re: SaviCorp

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YA Global Investments, et al. – ‘SC 13D’ on 7/17/06 re: SaviCorp

On: Monday, 7/17/06, at 2:07pm ET · Accession #: 1144204-6-28683 · File #: 5-78451

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 7/17/06  YA Global Investments             SC 13D                 2:15K  SaviCorp                          Vintage/FA
          Mark Angelo
          Yorkville Advisors, LLC

General Statement of Beneficial Ownership — Schedule 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D      General Statement of Beneficial Ownership              7     29K 
 2: EX-1        Underwriting Agreement                                 1      6K

SC 13D — General Statement of Beneficial Ownership
Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (Word, et al.) Contract, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer Identity and Background Interest in Securities of the Issuer Material to Be Filed as Exhibits Purpose of Transaction Security and Issuer Source and Amount of Funds or Other Consideration
1	1st Page - Filing Submission
5	Item 1. Security and Issuer
"	Item 2. Identity and Background
"	Item 3. Source and Amount of Funds or Other Consideration
"	Item 4. Purpose of Transaction
"	Item 5. Interest in Securities of the Issuer
6	Item 6. Contract, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
"	Item 7. Material to Be Filed as Exhibits

SC 13D 1st Page of 7 TOC ↑Top Previous Next ↓Bottom Just 1st
 
                                                                          Page 1

 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

--------------------------------------------------------------------------------

SCHEDULE 13D

 Under the Securities Exchange Act of 1934

SaVi Media Group, Inc.
(NAME OF ISSUER)

Common Stock
(TITLE OF CLASS OF SECURITIES)

(CUSIP NUMBER)

 Mark Angelo
Cornell Capital Partners, LP
 101 Hudson Street, Suite 3700
 Jersey City, New Jersey 07302
(201) 985-8300
 (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
 AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS)

Copy To:

 Mark Angelo
 101 Hudson Street, Suite 3700
 Jersey City, New Jersey 07302
(201) 985-8300

 July 17, 2006

 (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)

    If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing 
this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].  

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                                                                          Page 2

SCHEDULE 13D

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSON                                                   

Cornell Capital Partners LP                                           
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                           
(a)  |X|                                                              
(b)  |_|                                                              
--------------------------------------------------------------------------------
3    SEC USE ONLY                                                               

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS                                                            

OO                                                                    
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED                   
PURSUANT TO ITEMS 2(d) OR 2(e)                                   |_|  

--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION                                       

Delaware                                                              
--------------------------------------------------------------------------------
7    SOLE VOTING POWER                            

30,000,000                              
               -----------------------------------------------------------------
NUMBER OF    8    SHARED VOTING POWER                                       
SHARES                                                                    
BENEFICIALLY                                                                    
  OWNED BY     -----------------------------------------------------------------
EACH       9    SOLE DISPOSITIVE POWER                                  
REPORTING                                                                   
PERSON           30,000,000                                               
    WITH       -----------------------------------------------------------------
10   SHARED DISPOSITIVE POWER                     

--------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON               

30,000,000                                                            
--------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES   |_|

--------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                         

5.1%                                                                  
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON                                                   

PN                                                                    
--------------------------------------------------------------------------------

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                                                                          Page 3

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSON                                                   

Yorkville Advisors, LLC                                               
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)        
(a)  |X|                                                              
(b)  |_|                                                              
--------------------------------------------------------------------------------
3    SEC USE ONLY                                                               

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS                                                            

OO                                                                    
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED                   
PURSUANT TO ITEMS 2(d) OR 2(e)                                   |_|  

--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION                                       

Delaware                                                              
--------------------------------------------------------------------------------
7    SOLE VOTING POWER                            

                   30,000,000 (as General Partner of Cornell Capital Partners,
LP)                                     
               -----------------------------------------------------------------
NUMBER OF    8    SHARED VOTING POWER                                       
SHARES                                                                    
BENEFICIALLY        -0-                                                         
  OWNED BY     -----------------------------------------------------------------
EACH       9    SOLE DISPOSITIVE POWER                                  
REPORTING                                                                   
  PERSON           30,000,000 (as General Partner of Cornell Capital Partners,
LP)                                     
    WITH       -----------------------------------------------------------------
10   SHARED DISPOSITIVE POWER                     

-0-                                     
--------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON               

30,000,000 (as General Partner of Cornell Capital Partners, LP)       
--------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES   |_|

--------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                         

5.1%                                                                  
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON                                                   

PN                                                                    
--------------------------------------------------------------------------------

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                                                                          Page 4

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSON                                                   

Mark Angelo                                                           
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                           
(a)  |X|                                                              
(b)  |_|                                                              
--------------------------------------------------------------------------------
3    SEC USE ONLY                                                               

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS                                                            

OO                                                                    
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED                   
PURSUANT TO ITEMS 2(d) OR 2(e)                                   |_|  

--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION                                       

United States                                                         
--------------------------------------------------------------------------------
7    SOLE VOTING POWER                            

           30,000,000 (as Portfolio Manager of Cornell Capital
              Partners, LP and President of Yorkville Advisors, LLC)
               -----------------------------------------------------------------
NUMBER OF    8    SHARED VOTING POWER                                       
SHARES                                                                    
BENEFICIALLY        -0-                                                         
  OWNED BY     -----------------------------------------------------------------
EACH       9    SOLE DISPOSITIVE POWER                                  
REPORTING                                                                   
PERSON           30,000,000 (as Portfolio Manager of Cornell Capital      
              Partners, LP and President of Yorkville Advisors, LLC)
    WITH       -----------------------------------------------------------------
10   SHARED DISPOSITIVE POWER                     

-0-                                     
--------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON               

30,000,000 (as Portfolio Manager of Cornell Capital Partners, LP and  
President of Yorkville Advisors, LLC)                                 
--------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES   |_|

--------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                         

5.1%                                                                  
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON                                                   

IN                                                                    
--------------------------------------------------------------------------------

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                                                                          Page 5

ITEM 1. SECURITY AND ISSUER.                                                    

    This statement relates to shares of common stock, no par value per share
(the "Shares"), of SaVi Media Group, Inc. a Nevada corporation (the "Issuer").  
The principal executive office of the Issuer is located at 9852 W. Katella      
Avenue - #363, Anaheim, CA 92804                                                

ITEM 2. IDENTITY AND BACKGROUND.                                                

    (a)-(c), (f). This statement is being filed by Cornell Capital Partners,
LP ("Cornell"), Yorkville Advisors, LLC ("Yorkville") and Mark Angelo ("Angelo")
(Cornell, Yorkville and Angelo collectively, the "Reporting Persons").          

Cornell, a Delaware limited partnership, whose business address is 101 Hudson   
Street, Suite 3700, Jersey City, New Jersey 07302, is a private equity fund.    
Yorkville, a Delaware LLC, whose business address is 101 Hudson Street, Suite   
3700, Jersey City, New Jersey 07302, is the General Partner of Cornell. Angelo, 
whose business address is 101 Hudson Street, Suite 3700, Jersey City, New Jersey
07302, is the Portfolio Manager of Cornell Capital Partners, LP and President of
Yorkville. Angelo is a citizen of the United States.                            

 (d) and (e). During the last five years, no Reporting Person has been
convicted in a criminal proceeding (excluding traffic violations or similar     
misdemeanors) or been a party to a civil proceeding of a judicial or            
administrative body of competent jurisdiction in which the Reporting Person was 
or is the subject to a judgment, decree or final order enjoining future         
violations of, or prohibiting or mandating activities subject to, federal or    
state securities laws or finding any violations with respect to such laws.      

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.                      

    Of the Shares, Thirty Million (30,000,000) were acquired as compensation
pursuant to the Convertible Debenture Agreement July 11, 2006 between Cornell   
and Issuer.                                                                     

ITEM 4. PURPOSE OF TRANSACTION.                                                 

   The Reporting Persons acquired the Shares for investment and not with a
view to, or for resale in connection with, any distribution thereof, and the    
Reporting Persons do not have a present intention of selling, granting any      
participation in, or otherwise distributing the acquired Shares. The Reporting  
Persons have no present plans or intentions which would result in or relate to  
any transactions described in subparagraphs (a) through (j) of Item 4 of        
Schedule 13D.                                                                   

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.                                   

 (a)-(b) As of July 11, 2006 the Reporting Persons were the record and
beneficial owner of 30,000,000 shares of Issuer, representing 5.1% of the issued
and outstanding Shares. Yorkville, as the General Partner of Cornell and Angelo 
as the Portfolio Manager of Cornell and President of Yorkville, may be deemed to
have a beneficial ownership in the aforementioned Shares, which may be deemed to
have a beneficial ownership in the aforementioned Shares.                       

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                                                                          Page 6

   Cornell has the sole power to vote and to dispose of all of its Shares.
Yorkville, as the General Partner of Cornell, has the sole power to direct the  
vote and/or to direct the disposition of the Shares directly owned by Cornell.  
Angelo, as the Portfolio Manager of Cornell and President of Yorkville, has the 
sole power to direct the vote and/or to direct the disposition of the Shares    
directly owned by Cornell.                                                      

     (c) Except as follows, none of the Reporting Persons has effected, within
the last 60 days, any transactions involving the Shares. Not applicable.        

(d) Not applicable.                                                 

(e) Not applicable.                                                 

ITEM 6. CONTRACT, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO 
SECURITIES OF THE ISSUER.                                                       

      Cornell and the Issuer are parties to the following agreements, dated July
11, 2006 relating to the Shares: Convertible Debenture, Securities Purchase     
Agreement, Investor Registration Rights Agreement, Security Agreement, and      
Irrevocable Transfer Agent Instructions.                                        

Except as set forth herein, none of the Reporting Persons have any  
contracts, arrangements, understandings or relationships (legal or otherwise)   
with any person with respect to any securities of the Company, including,       
without limitation, any contracts, arrangements, understandings or relationships
concerning the transfer or voting of such securities, finders fees, joint       
ventures, loan or option arrangements, puts or calls, guarantees of profits,    
division of profits and losses or the giving or withholding of proxies.         

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.                                       

Exhibit 1         Joint Filing Agreement.                       

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                                                                          Page 7

 SIGNATURE

 After reasonable inquiry and to the best of each of the undersigned's
knowledge and belief, each certifies that the information set forth in this     
statement is true, complete and correct.                                        

DATED: July 17, 2006                              REPORTING PERSONS:            
                                      ------------------

                                                CORNELL CAPITAL PARTNERS, LP

                                                 By:   Yorkville Advisors, LLC
                                         Its:  General Partner

                                         By:   /s/ Mark Angelo
                                                       -----------------------
                                     Name: Mark Angelo
                                           Its:  Portfolio Manager

                                           YORKVILLE ADVISORS, LLC

                                       By: /s/ Mark Angelo
                                                     -------------------------
                                       Name:   Mark Angelo
                                             Its:    Portfolio Manager

                                   /s/ Mark Angelo
                                                 -----------------------------
                               MARK ANGELO

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Dates Referenced Herein and Documents Incorporated by Reference

		Referenced-On Page
This ‘SC 13D’ Filing	Date	First	Last	Other Filings

Filed on:	7/17/06	1	7	None on these Dates
	7/11/06	5	6
				List all Filings

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Filing Submission 0001144204-06-028683 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

YA Global Investments, et al. – ‘SC 13D’ on 7/17/06 re: SaviCorp

On: Monday, 7/17/06, at 2:07pm ET · Accession #: 1144204-6-28683 · File #: 5-78451

Previous ‘SC 13D’: ‘SC 13D’ on 6/28/06 · Next: ‘SC 13D’ on 7/31/06 · Latest: ‘SC 13D/A’ on 2/19/14

General Statement of Beneficial Ownership — Schedule 13DFiling Table of Contents

SC 13D — General Statement of Beneficial OwnershipDocument Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

General Statement of Beneficial Ownership — Schedule 13D
Filing Table of Contents

SC 13D — General Statement of Beneficial Ownership
Document Table of Contents