I am the Ex-CEO and Ex-Affiliate or Signature Devices, Inc.
The funding for the new acquisitions and scaling of the businesses and the sole individual funding has been through me.
There has been no dilution because I am the sole owner of the remainder of the issue-able shares per the financials.
There will only be dilution of the stock when I see fit to do so and at a very conservative rate, if any. The sole purpose of any dilution will be to raise capital for the company to scale operations (and profits). I am NOT interested in "pump and dump" or death spiral financing of any sort.
I have locked up the entire remaining common shares in my name and no dilution of shares can happen except through me.
My goal is to build a company that is working on the Internet of Things business. It does require funding, which I am currently seeking partner(s) to help fund the company with minimal funding, but only to scale sales and profits of current business activities.
I have also asked the IHUB admins to change my alias to klhurley, so that you know that it is me.
The accusations that I have made money off of a "pump and dump" scheme are ludicrous, as there has been no new issuance of stock. There cannot be any new issuance except through me, and I've agreed to not issue anything to myself until April 1st.
I am no longer taking advice from anyone who thinks I shouldn't post here. Too bad, I will post and reveal my intent, here and make sure that every potential shareholder knows the go-forward plan with Signature Devices.
My only intent is to try and move the company forward with funding scaling profits for the benefit of shareholders.
Feel free to contact me at klhurley63@gmail.com for more information or to help move SDVI and CWIR forward.
Regards,
Kenneth Hurley
