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how do you know all the information is in the auditor's hands? he stated during the last conference call " we should have an answer later today regarding when the audit will be done" and should be out in the next 10 days. right, unless of course they dont have all the figures they need which at this point is certainly my take on the whole ridiculous mess. An honest , ethical , truthful moral answer would be nice but let's face it, that isnt going to happen.... at his point i dont believe him ( and wish that I could)... that is the way it is in my viewpoint
count me in. i have 4,600,000 shares. enough is enough. bs and babies dont work anymore. My guess is all the information needed by the accounting firm is sitting around in boxes waiting to be sorted or found and it is just to overwhelming to deal with. This is a sad pathetic situation and it is time for some resolution and real answers . I didnt convert any shares over and am really sorry for those that did and have not one shred of concrete evidence that anything is going on. August... no point .
whatever is needed to get the truth and honest answers at this point is where I am at... enough bs and stalling....
at this point , please define integrity....
if integrity means keeping dates and promises and not
keeping stockholders who have faith in the company in limbo land for months on end then his integrity is equal to that of Attilla the Hun.....
do you then believe that Ken can handle everything and has done a good job based on the history? In the bay area are probably thousands of young talented folks who wouldnt expect to make close to the figure you mentioned. Hell, some of them would be happy to just have a job. It appears the rabbits are selling well and other products are around the corner, money should start moving in and to hire a capable person would only enhance not only enhance the price of the stock but I am sure make Ken's life easier. I find your arguement naive and incorrect.
He has been bashed in the past of lack of information,
often missed deadlines and other issues. Many of us here have been with this company for years and to be where we are now
with real products in real stores can only be attributed to one thing...
one thought, without these people lose interest and
patience and dump.price goes down, buyback costs a lot less.
hard to believe but worse things have happened in the wonderful world of finance... just my opinion but based on what hasn't happened .... who knows. Sad that this is even a thought but.....
what else can be said for such going's on...
clever, thank you for trying your best to get the word out.
Hopefully at some point in the future our patience will be rewarded .
good luck
absolutely agree with your assessment. For whatever reason it appears Ken thinks he is capable of doing it all and based on his fiscal/pr schedules which have been missed over and over he is obviously blind to his weak side. It is too bad as his incompentance in these areas is certainly ( imo) hurting the price of this stock. He may be a wizard computer game producer but as I have said many times before his financial skills and
sense of time reek......
sdvi
you are a person infinite patience.
To be honest the only thing I want from Ken is audits are done and GRAFF is figured out.
After waiting patiently I am not in the mood to socialize . Also , what is this quiet period... everytime there is no news and a pink stock goes down the " quiet period " is mentioned. I don't believe in " quiet periods" just promises met.......
rumour is the street will be paved by 2012 ( not sure with what)
sdvi
Hey Ken,
it is time to hire Bionic. He would be an amazing asset
to the company. He could be head of sales and marketing and
within 3 months we are all on a beach .. not kidding ..
he digs and digs and produces . You could compensate him with stock.
sdvi
so, just found the name of the " street" for all the
rumors about the audit this week - it is called Dead End"
sdvi
your the second person to mention " the street " must be a secret street because only the two of you know about it........
Couldnt agree more. My guess is that 2011 will look great but the earlier years will show nothing other than letting potential investors know we are for real and attempting to get our financial game together. It is such a shame, such potential yet we are where we are because in my opinion we basically have a one man show and that person isnt willing or capable of handing off financial issues to someone who is qualified. just my opinion but based on the price of the stock today and where is should be ( penny land ) it obviously is also the opinion of others. good luck to all sdvi longs
sdvi
another take, with no news the price appears to be slowly declining and at some point some shareholders will give up and sell regardless of the price.
( not me but hey, what is another 3 years ). At some low point a buy back may happen with the knowledge that when the audit ( 2010)comes out the stock will stabilize and then with the 2011 figures the price should take off.
just one person's guess.......
why not. what's another week in the scheme of things. My concern is that the audit will be last year and won't include the sales
of rabbits in 2011 ( which I would think should be really good and about the only real thing with potential to move the price ).
All the other stuff - we'll see.
go sdvi
out of curiosity, whose street and what street are these rumours on? thanks.
here is one uneducated guess. I work with students who are really bright, A's in tests and participation - F in homework so C in class. Why, can't prioritize, they hyperfocus, cant conceptualize timeframes , incredibly unorganized.
An audit only gets completed when the information is given to the auditors to disseminate. . If the information they need is like a Pandora's box and not in any order a simple request from auditors can take forwever until the person who is responsible to get the information to the auditors does so.
We all have tasks we love and hate. For some people, digging for figures and trying to make sense of them is just not doable. If Ken is the only person responsible for this ( am guessing he is ) could this be one reason the audit is taking so long? just my guess .As has been mentioned before - the bay area has some incredible young workers who I am sure are well versed in accounting and computer games. Unemployment is terrible, help out a kid, pay him/her some money with a promise for stock options and the audit will be done next week ( almost).
Just a guess but hey, cant think of another reason.
go sdvi
just to clarify , it is spelled chutzpah.... always willing and able to edit when necessary...
thanks, good to see someone else here has a rye sense of humour.
ever hear of tongue-in-cheek humour.....
for me personally ,the biggest loss was getting discount tickets
on the times square roller coaster, what a drag.. now I may have to pay full price....
Dear Mr Hurley,
As you may or may not know this week I am going on vacation
and I have promised my wife and kids that I will not look at the computer for ONE WHOLE WEEK ( and you thought running a business was difficult).
During my absence if you could complete the following at some point next week it would be greatly appreciated.
Pr to state:
a) SDVI is proud to announce that we have sucessful shipped
and the following stores have received our incredibly successful reader rabbit series-
Wal-Mart, Costco, Target, Amazon, ( and others )
we have received _______ dollars in pre-orders and ______
in followup orders.( X number of units )
b) As our reader rabbit series are in several languages we have contracted with ____ company to market and distribute the series across the globe.
c) The audit for the year 2010 has been completed as has
the 1st qtr of 2011. This has been our most profitable year
and we look forward with great anticipation to our 2nd qtr audit
which will include all proceeds from ReaderRabbit ( and other misc income ) graffitti $ and oil well money )
d) We are in process of finalizing our request to uplist our stock
onto the ____ exchange.
e) The Graffitti IPO is almost finalized and should be complete by within the next month. We hope to IPO the stock on the Frankfurt stock exchange with a minimum price to be __ euros.
f) We will immediately use some of the proceeds from the sales of reader rabbit to buy back a minimum of _____ shares per for the next ____ months therefore greatly increasing the price of SDVI stock which I view as being greatly undervalued.
Ken , as you may or may not know, vacations for a family of four are getting quite expensive so if the above is distributed next week I am sure it would pay for our vacation.
Thanks hbhmb - a loyal and semi-inpatient SDVI investor since 2007.
PS - feel free to plegarize any of the above verbiage and once this has been completed and distributed to the investment community may I suggest you also take a vacation.
i am more of a soft-core guy myself ( just joking ) but hey who knows. How about we all get together when the stock hits a price we all agree on say .05 or .25 ( why not).... good idea.
i would say if the planet doesnt blow up by 9:00pm pacific time
tonight then anything is possible. Last time it happened i had to lose 20 lbs and stop eating sugar.sorry, couldnt help it....
Didnt say he wasnt working hard - just that he needs to delegate or get help and needs to stop giving timelines and promises that are way off the mark. ( audit almost finished about how many months ago - graffitti ?) - he obviously works his butt off and that is the problem - with such high employment in this country Ken should get someone who can supplement what Ken does on the fiscal/advertising/pr side and then we will have something. Cant believe that there arent some really bright, capable people out there willing to risk some time and energy ( stock options would work really well) to get this thing moving. Why if I was just 80 I would grab it in a minute! Why do you say I act like I am 95 - dont forget 95 is the new 75....good luck to all old, middle age and young sdvi investors. Oh my gawd , it's 8:00 time for my bath and bed......
Clever, it isnt that I don't have money to invest as I mentioned before ( as have many others ) the problem is if I spent $400 everytime this hit .0022 or .0023 etc I would owe more than the US government does. It moves up then moves down. Once the audit is out , rabbit figures are released and Graffitti is cleared up I will be more than willing to invest but for now I have enough shares and until the above items are handled in a professional , busineslike manner for now I am sitting on my wallet. If I miss the total bottom call , that is ok, once we move I am sure we will all be fine but at this point as does the body
I need to see some movement made and psychological price barriers being broken.
good luck to all sdvi longs
thanks for the response. as you said, " hopefully soon"
Hi, I am a realist. I own stocks that have nothing but hot air that are 10x the price of this why , my guesses -
The minuses
a) so many missed deadlines, audit should have finished weeks ago
b) absolute lack of information ( no info re:Ipo and we found out about the severence of a division on Facebook)and yet still no mention of this from this SDVI side. Shows severe lack of communication.
c) How does a company get its name into the world . obviously
we are not doing a good job of it . Company seems to be a one man show.
The Pluses -
a) we have real, viable, well-known and great educational games
being shipped and sold, and hopefully others in the future.
b) the price of this stock based on what we have is abominable
however the price should rise once the audit gets completed.
c) I have money but wouldnt buy until I am convinced that all of the above problems have been resolved then I would jump in.
Just one person's opinion- have been here 3 yrs and waiting.
one small step in the right direction. let's hope it keeps up.
go sdvi
I just think he is overloaded and doesnt understand the harm he
is doing by thinking he can do it all. I have been here for 3 yrs and feel we are closer than ever to doing well however his lack of communication ( choosing to answer this board with minor things and then never answering important questions ) is absolutly unjustified and in my mind shows how little he cares about the people who have invested in this company. Obviously he doesnt understand the whole picture of successful business should be ran and by keeping silent in my opinion is being
immoral and deceitful. So much potential but such ignorance. really sad.... I still think that in spite of Ken's ignorance and lack of business acumen that we will go up.
it will take a while but eventually you will do well.
take care.
well, now we will see if Ken really cares about those who have
invested in his company or not. In my opinion, if you don't put out a pr for this launching then you shouldn't run the company and hand off the responsibility to someone more capable ,qualified, professional and concerned.
You come on this board with tidbits of information and then drop off the planet when real, business-like questions come up . If it wasnt for the total mismanagement and lack of faith in the timing and promises you have given in the past this stock would be where it should be , in penny land.
I have worked with many bright intelligent people whose perception of time is totally off and are overwhelmed and don't know when to get help.. if the company is actually going to make money , i believe that this would be a great time for you to relinquish the duties which are obviously not your forte and hand them off to someone who has such strengths.
As I have mentioned several times before, I thought my high school girlfriend was a tease....... Hey ken, baby , its time
for a home run.....
it is a ploy to scare people off so it goes to .00001 ( a person's dream )
correct, i told them before they just wipe out someone's
stock and say it is worthless is not acceptable. If I dont get a response in two days I will report them to the stock market cops. I am sure that threat will shake them up ( ha ha ) . but i will
just on principal.
i called and was told that someone else had mentioned the issue ( strength in numbers ) and they were " checking it out. I told the woman that i had planned on selling my shares for .25 tomorrow and
they were holding up paying for my kid's college. I asked her a time frame and was told " hopefully within 24 hrs " and I should call back to see . Right.
did the " new" converted shares show up in your account?
i will call them at lunch. First, they are wrong, secondly , i dont want to convert. Third, if they did convert me i dont see the shares showing up in my account. The only ones showing up are the dividend shares. Will let you know. Thanks
because some people play the swings on the stock hoping their non-sensical comments will sway a stock to go down where they will buy
it back and re-sell at a higher price. The world of the stock market. However, for me, i dont mind making ( or if it works out ) losing money but the hell if i would hope that someone's money goes down so I can make a buck. I know, as someone once said on this board, get some bal-s , right, nothing about that has to do with ethics and morals and being right - yep , a child of the 60's who still has hope. Good luck to all longs . May the share price rise .....
gosh, thanks great wise one...... NEVER HOPE THAT PEOPLE
LOSE THEIR MONEY ...
what some people won't do to try to get the price to lower...
nice.
wow, you agree with yourself.. cool...