Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
that it is, I am not sure I want to convert my shares even, because if we get anywhere close to fair value pps on sdvi we should be north of .02
It was 20+10=30 30 is correct, its 20 mil cash and 3 mil shares at 3.66 which comes to 10.98 mil pluss the 20 is 30.98 mil sdvi will receive, plus 10%
I expect to see a pop this afternoon and prob close atleast 10% up on the anticipation of being SAEI (sans E) on monday
That is yet to be seen for sure, but it restores confidence in the company if they are current with filings thus generally means an increase in PPS
a sticky of this link would be a nice addition to DD
nice find
Yes that is accurate, from what I have been able to find there is no other reason for the plummet of the stock in my opinion
sec will find right link
np, and i dont know 100% for sure it will work that way just assuming since supposedly they are current now it will come off when sec gets around to it, or who ever takes it off
well I would assume since 10q was filed that the E will come off next trading day or so, which would be monday. Just an educated guess on filing being current now
be back to check on it around close guys, got a dr apt in 40 mins.
I am not sure I want to convert, we are looking at a 1000%+ run for sdvi IMO
no lie
I might cry, looks like volume starting to come in and I wanted to buy at this level tomorrow another 2 million damn it
Because they are not posting the bids and ask correctly most likey, MM's have to power to do that.
wow haha haha I was spot on on the 30 mil to sdvi lol
I bought all I could yesterday, I am freeing up some funds for tomorrow, but wont be able to collect anymore till then.
yes and my price numbers didnt include adjustments for the shares of sdvi converted to graffiti, which will lower share count and increase price significantly. I believe my predictions are worst case predictions if it all goes though as written.
yes so 30% of the 10.98 million or 3 million shares they give us is technically still their's anyway because they own 30% of sdvi, doesnt change the market cap or what shares should be worth at that point though, so my numbers should still stand. If this all plays out as it seems to be written in the pr we should be looking at .018-.03 share price in the near future. Hope I am right
I bought some yesterday and had to buy 2 points above the ask to get it
Graffiti will hold 30% stake in sdvi and sdvi will hold 3 million graffiti shares at an ipo of 3.66 or 10.98 million dollars worth
The numbers are large, but I would speculate that ken realizes 3 years down the road of graffiti takes off, his new investors of 360 million euro will be in charge and at that point he may be out the door. In this case he wants to ensure that he is financially set from all of this, thus he gives a bit more to SDVI, to ensure his value down the road, which is fine by me because it gives all the shareholders of sdvi some value too, which is good for us as well as him.
I find it funny you havent even mentioned the 20 million note sdvi is getting you just try to twist the rest of the pr to fit your view. the 20 million note alone should value sdvi at or about 10 times current value
Whats the 20 million note mentioned?
Gl to you sir in what ever stocks you chose to invest in. And perhaps you should go post on those boards since you are invested there, where ever it may be
And I will quote it and discet if for you. "SDVI has agreed to sell most of its current assets to graffiti entertainment for a 20 million note and 10% royality" "and there will be a swap of 30% of sdvi stock for 3 million shares of graffiti entertainment." "The SDVI (not graffiti) shares will be restricted for 1 year.
NO you read it again the sdvi shares the 30% going to graffiti is restricted, we get 20 million and 3 million shares of graffiti. I know what I read.
lol, well its not too late for him to buy back in.... YET
exaclt right, sdvi really is the way to pay this one at this point in my opinion. new shares after cut off in sdvi should see a huge increase
sdvi is getting 20 million cash and 10.98 million worth of graffiti stock which values them easily at 30.98 million. What is the market cap now? enough said
and actually my figures of .0183 just a minute ago didnt factor in the 20 million payment in 6 months or the 10%. So just the 20 million payment pushes a short term figure for sdvi in my opinion to about .03. All speculation and opinion of course
I agree im my opinion this news is huge and we are looking at a 5-10 bagger easily inthe making hell maybe 15 bagger
if I am reading it correctly and my math is right if you view it as a buyout its a buy out at about .0183 10 times what it is now thats not bad
also the conversion is 200 to 1 with means sdvi stock for conversion purposes is .0183 about 10 times current level
and if thats the case, then 3 million graffiti stock at 3.66 share = 10.98 million worth of graffiti stock which would mean sdvi should be worth atleast that 10.98 mil or about 10 times its current value. is this correct? and that doesnt factor in royalties
Has anyone spoken to the company to confirm the imformation? If this is true and they do in fact have 360 million in funding this should take off big time. No reason for a company with 360 million in funding to have a market cap of just over 1 mil
Exactly I had to bid over the ask first thing this morning when ask was .0015 I bid .0017 and got some but couldnt get any at .0015 or .0016
on the daily chart the MACD just crossed back up for first time since the spike this morn. So looks like it could be headed back up now. IMO
Its pretty simple to see whats going on here really. There are alot of people in this under 1 penny so they are taking profits. The other gold plays did this too. If you look at daily charts you see they ran for a couple of days, then dropped back, then ran again for 3 or 4 days to some nice highs. I think this is just retracing as we drop off some people who have made fat profits and once they are all out it trends back up to higher highs, then it will stall and happen again. Its how it works, no stock goes strait up, if it does it usually comes strait down again. In a way this can be healthy as long as it starts the trend back up once those investors are out. As long as there is interest in the stock it will trend up over time.