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Signature Devices, Age 4, of The Netherlands, and formerly of Redwood California died while surrounded by sad shareholders, July 27, 2012, after a long illness of dillution, fluff prs, no financials and stock fraud. Services will be on Saturday.
Share your memories and photos, offer your condolences and view his memorial video and portrait at www.phattyaffle.com.
I knew this was going to happen the second the A/S was raised. There is no other reason for this company to do that besides dillute as much as possible.
The worst part, there is nothing to show for it.
The silence and failed promises intially made me believe he was dilutting... which he was.
Now, the only thing I can speculate on is that he's bleeding the stock out as much as possible until he just closes shop. Using raised funds to recoup whatever losses he has.
I'm not saying he was handed a well run company like Google.. Kickstarter Ken ran a poor ship but Dutch is walking down the same road.
Let someone prove me wrong, but I doubt it.
IMO
Well now that we know this is happening, the next question is where did the money go???? Was it all spent on fluff pr's, little espressos and crepes.
If that's the case, then we'll never get an updated share structure.
Doesn't that sound pretty fishy? Let's confirm that this is the actual case.
Isn't that something Mart can clear up pretty quickly. Just tell Island Stock Transfer to freely release that information. I'm sure that can't take that much paperwork and or time.
That's a pretty easy way to prove he's not at least dilluting the increased A/S.
Sir Carrot
Has anyone contacted Island Stock Transfer for the updated share structure? Its been 6 months.
You know... I did see a line of ppl at my local game stop... that must be the reason.
hmm well a legitimate SDVI is RIP. The whole crazy concept -running a company that sells a product and makes a profit sort of thing and keeping track of that.
I wouldn't doubt Dutch putting out a few more fluff PRs and the volume that day magically jump to 30M, when its normally next to nothing. But seriuosly, the raise in the A/S is just a coincidence. Nothing bad could come from that right??
The trip from the netherlands to munich for oktoberfest can cost a lot of euros.
IMO, just speculation from whats been happening over the last several months since the loss of Kickstarter Ken.
RIP SDVI
You won't be missed, but I'll try to remember the good days of Kickstarter Ken promising us big deals in the works.
He can't update the GRAFF website/twitter/facebook/ihub/email chain or send a carrier pigeon on a monthly basis with progress of the company?
It won't even cost us any investor dollars to do that.
He would have to put out some serious tangible news for some good vibes to come back.
He's already showing himself as another fluffer PR stinky pinky CEO.
I like to picture Mart as a figure skater. He wears like a white outfit, and He does interpretive ice dances of my life's journey.
I like to think of Mart like with giant eagles wings, and singin' lead vocals for Lynyrd Skynyrd with like an angel band and I'm in the front row and I'm hammered drunk!
Kickstarter Ken is the triple chinned Bernie Madoff of the low end video game industry.
He needed all of our investor money to counter act the raising sugar prices for his mountain dews and twinkies.
Not sure what Mart will turn out to be. It's hard to tell. If he was making decent progress, you'd think that he want to report that to shareholders, so the silence must mean otherwise? It's only common sense, I highly doubt he's secretly working on the next Halo.
Let's take a review -
Where are all these new RR games put on itunes from the last PR?? What's the deal with that?
What's going on with the english version of RR 2nd grade? it's getting blasted with bad reviews. Poor reviews on that one will equal lack of sales.. maybe a few updates to make customers happy?
What are we doing to promote these games to the public?
Where are new games beyond the fast selling world of RR? Those sales alone won't get him a brand new Vespa.
Mart needs to put down the Dutch cookies/Imported Mountain Dew... hop on his european bicycle and hit the road promoting this brand!
Weren't a bunch of new RRs supposed to come out on itunes??
Commoner AD -
I'm trying to set the bar pretty low and just have him prove he's currently making money to pay the bills. Not asking for him to create the next Call of Duty series.
and maybe RR Chinese? There are a lot of people in China.
At this point, let's just hope and pray a decent amount of money is steadily coming in the door. As opposed to our invested dollars flying out of it.
He needed to pay for his Mountain Dew/Twinkie fund somehow! He needed all the extra calories because he was putting so much effort into coding games and playing hoops.
It's okay Peasant -
As Knight of the Carrots, I understand your frustration.
I know all to well the days of Kickstarter Ken destroying our realm.
My point is that at this point, i'll take what I can get. If that means KH working in the dungeons then so be it. Perosnally, I hope he's lost just as much money as the rest of us.
Hold on Peasant -
I believe the quesiton was if Ken still had any involvement with the company and where all these games were coming from. I simply said if he's still making games then okay. I don't want him to run the company and if Mart has any sense, he'd better have other developers as well.
I remember the Evil King Kickstarter Ken well and his minion, Sorcerer RJ and how they ruined our kingdom.
I can't remember if Kickstarter Ken just stepped down as CEO or was exiled completely. I imagine he has a ton of shares so it would be in his best interest to pound out games.
As long as Mart pumps out games on a consistent basis cheapily, that is what counts.
Personally, I have no issue if Kickstarter Ken is making games. If he's just good at making cheap games then so be it.
Mart still has to actually complete the several tasks he said he was going to.
Which is fine. If it's that easy, then it probably should already be up or the PR should have given a release date.
Mart just needs to be aware that most of us have already had our carrots stolen by the evil exiled Kickstarter Ken.
And if wants this stock to go anywhere, he's got to build investor faith. Which means he has to have a game plan/update us with it/and actually follow up on what he says.
I need more sense of how he's going to keep briging in money. What's life like after Reader Rabbit?
A very slight increase will only happen after I see an extra 24 games on itunes.
Well let's put that statement on ice for right now. Let's see 24 games on itunes, and then I can agree with that statement.
Something that might help the masses that follow this stock on a regular basis would be to have Mart post on ihub/fb/the website/twitter with bi monthly updates as to what he's doing with the company.
Twice a month isn't a lot.
It doesn't have to be anything crazy but just showing that actual progress is being made.
This would probably restore some investor faith in the company.
Another point is to make sure these games actually come out within in a reasonable time frame. Not like Kickstarter Ken, who kept pushing the dates further back. If your saying these games are complete, i'd expect to see them on itunes in the next 4 weeks. I find it really hard to believe it should take longer than that.
At least Kickstarter Ken tried to put some effort into lying / BS'ing us. A VCC every once in a while promising big things on the way and inviting ppl to come down by the office.. test out the games.. and maybe play some hoops.
All that Mart has done is put out a few worthless PR's. I mean completley worthless. You want kids to test games that are already out? or the ones that don't exist?
Scooter -
Have no fear, I bet as we speak... Dutch is hard at work eating a Croissant with Nutella/drinking a Caramel Macchiato while coding games left and right for Nintendo/Itunes.
He most likely wants to put out the big PR right now, but will wait a few days to wrap up the growth in revenue issue. I can tell he really wants to show us he's not like Kickstarter Ken.
Yippie!
- Sir Carrot
The sharks are circling, will Mart throw us a life preserver or save himself? I guess the answer is in 12 days!!
Maybe I missed this, but what happened to Turbo Trainz and Fractured Soul or whatever it's called?
Thanks guys
-Sir Carrot
Most of us have just been burned by the SDVI propaganda so I'm extremely skeptical about a lot of these PRs unless they provide something real thats moving the company forward.
If you want to put out a PR thats looking for help in sales thats fine, but it doesn't prove anything.
Some things that could have been added to give this PR some legitimacy.
1. How many apps we've sold so far.
2. Non reader rabbit games that are in the works.
3. Planned release of the new reader rabbits, even just the month.
IMO
Sir Carrot
Hey man, don't worry, it's not like there was a raise in the A/S or anything.. opps wait a minute.
It's impossible to know whats happening for sure but I do agree it looks fishy to the say the least.
I don't even want to call that a PR, it's more or less an advertisement...
A valid PR would say something SDVI/GRAFF has secured "exclusive" distributers and their putting releasing games in stores/online on a date.
Hey -
I said it.
I agree.
.0003 and I bet you think it will go to .0005
let's see who's right.
That seems like it would be a problem.
Maybe Ken traded a few cases of his mountain dew and packs of rolos to square off those debts?
What concerns me more than audits is money coming in the door now and going forward.
What's the plan after you can't re-package Reader Rabbit games anymore?
This company makes cheap games, which is fine. However, your only going to make money by pumping a ton of these games out there.
The focus should be on how they are bringing in money in the door and getting PRs with specifics.
Dear Commoner -
haha yes you are correct, 6/30/12.
I would like to eat carrots, but the Evil King Ken has pillaged our lands and destroyed all the crops. Now, we live in a barren wasteland of depression and despair.
Although, he was detrhoned to the exiled lands of kickstarter. The next royal line has not done anything to inspire it's people.