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Lol - you got it all wrong - die hard pats fan - took the pats with 3 and also the over - made more than I will on this dice throw
Will you please stop this nonsense. This company has less money in the bank than I have in my pocket for a Latte.
You are confusing newbies and setting unrealistic expectations - please stop.
The Vegas odds make me nervous. I am a die hard Pats fan and the 3 point spread and the majority of money going on Pats looks like a suckers bet. Vegas hasn't moved the line to draw in Atlanta money - that bothers me. Looks like Vegas like the Falcons in this game - IMO.
Sort of like SDVI - everyone is expecting the great news even though history says otherwise. Holding long and strong though.
Go PATS.
GO SDVI.
I can't disagree with anything you said. I, like you, have had shares for over 6 years, I am still in only because mentally I lost the money already and figured what do I have to lose to see where this goes.
You may turn out to be the wiser and getting out with your investment was not a bad decision. If it runs, then it was an opportunity lost, but now you have a few dollars to reinvest in something else that may give you a return anyway.
Good luck.
your math is getting better.
"Expected closing date for the transaction is February 1,2017". Looks like Feb to me. Direct from the January 11, 2017 PR.
Where is the Graffiti revenue
Hopefully SDVI can move like the Pats
Where did carjockey go - plus a few others.
Can we get off this buyback nonsense. This company has no cash.
Let's not set unrealistic expectations.
It's not happening.
Best post I have seen in some time. TY for the time and the thoughtful layout.
I agree 100% with everything you said. I too have been here for 5 years. I am not holding as many SDVI as you (4.5M) and am holding a bag full of GRAF as well.
If Ken does have these other folks around and all are truly committed to making this happen then the past will be just that and the future looks very bright. It will take time but this really could be a great ride.
Get your popcorn and strap in if Feb 1 comes and the news is good.
I have quite a few GRAF myself - more than I would like at this point and I would be ok with that as well UNLESS Ken has a way of spinning out GRAF as an IPO and this time make it happen.
If that were done, then converting to GRAF might actually be a better deal. If Graf has all of the merged companies, then the valuation of GRAF with a 200-1 conversion of SDVI to GRAF would yield a nice IPO price IMO.
the easy way out is to convert GRAF to SDVI - that would take up a chunk of the diff between the 2.7B o/s and the 7B a/s. He can't convert SDVI to GRAF unless he uses the 200-1 formula in the past, otherwise the previous conversion got screwed.
The other thing that is unknown are the terms of the Pfds - are they convertible; if so what is the conversion price; are they restricted (time). If the valuation is based on where SDVI is say a year from now, then that allows for their strategy to get deployed and see real value and growth and then the conversion really isn't a big worry but it all depends on the details of the deal.
Feb 1 is shaping up to be almost as interesting as today Jan 20th.
I just want to know how this transaction was paid for- important to know if Pfd shares involved or other shares and what the terms are. Cash would be great but don't think they have any
Nothing is confirmed - no dry ink on mergers; no published fins; no stop removed; not current.
Everything at this point is a promise - send me proof of any of the above.
Seen this before - we need real proof not will be's.
Nothing will happen here until Ken confirms fins, current status and closes on mergers. Everything else is just rhetoric, guesses and a lot of hope.
No one knows anything for certain and if they did they wouldn't be posting it here.
All IMHO of course.
Where have I heard that one before - oh yeah from me - was long suffering Sox fan for YEARS.
Now not so much.
I am still insufferable though - lol.
Yep - happy as ever - and at least I am still watching my team - the J-E-T-S are home watching college games and wondering if they could beat them- lol.
Agree on all counts - kickoff imminent - enjoy the game - be back tomorrow
Lucky you - should handle Texans- next week more difficult
Lol - in front of TV waiting for my Pats to begin the Drive for Five
Well, I have a beard now based on the patience I have shown on this one - lol.
I added in the trips to lower my ave cost a while back, but adding when its dead as a doornail is not my style but hey to each his own.
Must of hit a nerve I guess. Been here - done that and won't invest a dime until Hurley delivers the goods. I won't chase this dog until it gets a little prettier.
You on the other hand had an opportunity to get in at the sub floor level - good for you. I didn't have that luxury.
Good for you and hope this runs and becomes a monster - I have plenty to get rewarded on a run.
Well obviously you are not a history buff. History tends to repeat itself.
So I guess you are hitting the ask every chance you get - lol - not.
Me too - for 6 years. As I stated recently, I have seen this movie before and didn't like the ending.
Ken is a good guy and I believe he is sincere - spent hours on the phone and emails with him from 2011 to 2013. He always bit off more than he could chew and always over committed or over promised and UNDER delivered.
I think he is trying to do the right thing, but I am not sure he has the management skills and the instinct to pull this off.
My fear is this is going to be mired here and then go silent like it did in the past.
Feb 1st is the deadline for me. That is a real date for something to get completed - if it gets delayed or it doesn't happen - Then SDVI is done - finished. You can only disappoint so many times before people won't believe you. There are a whole lot of new faces here - your disappointment will send this to oblivion once and for all.
I am still holding millions and don't intend to sell them at these prices. I already took this as a loss mentally - might as well let it play out.
Read the PR - closing is set for Feb 1 - I don't think Feb 1 comes before Jan 11.
Nothing is final until agreement is signed.
Let's not let the cart get before the horse here. THEY HAVE PURCHASED NOTHING - it is an intent - that is far from a done deal.
I hate these forward looking PR's. Tell me when it is DONE - signed, sealed and delivered. All this is, at this time, is wishful thinking.
What we need is the details and to see the ink DRY on the agreement.
Not trying to rain on anyone's parade, but this movie is a rerun from 4 years ago until Ken Hurley - actually pulls the Rabbit out of the BAG so to speak.
Yeah, I agree - it's amazing how one's perspective is shaded by experience/history. We have seen this movie before. I don't want a sequel - lol. Didn't like the original.
The News seems GREAT but The devil will be in the details.
How does Innovo "fit" into the corporate structure.
What are the details on how this is being structured - shares, debt, cash - most likely not cash. Looks like shares and it must be part of the 7B as only about 2.8 are O/S. So assumption is these would be restricted somehow.
What and how does Graffiti play in all this?
Is SDVI angling to be a holding company of sorts.
A lot to digest here and a whole lot of details need to be disclosed.
I like the direction but really need to know how this impacts SDVI. I get very nervous when I see deals like this because I have seen many pink sheet stocks do stuff like this and they end up abandoning the parent (SDVI) and spin off the other companies and the shareholders end up on the short end.
Not saying that is the case, but I am waiting on the details - being cautiously optimistic.
Keep pumping up the volume - I have a lot to make up for the last 6 years. The 4.5M shares I held (am holding) looking very nice right now.
"And why in the world would he spend 4K and get current and have a 90 day share lock out to follow it up with a Fluff pr"
Like that has never happened before in a pinkie - lol.
Sorry, just saying we need to see what he actually does PR before the "actual" excitement level meets the current "expectation" level sentiments.
Seen this show before - I own a ton of this from the past. I would love nothing more than for Ken to deliver the goods - very cautiously optimistic. Sold a few in the past, but still hold millions, so I have every reason to see this to the end.
Looks like the hype has slowed down - now all that is needed is for Ken Hurley to actually deliver - we shall see.
Hurley is on the clock.
Ok - how does he pay for a Revenue producing company with no cash, no shares, and no chance to get financing - optimism is great but it needs to grounded in some reality.
Me too. I am still holding but honestly, I have seen this movie before with Ken. Not saying this time will be the same, but there are a lot of memories and promises not met that makes one hesitate more than you normally would. I have a lot of SDVI and GRAF stock as proof along with a BIG RED number next to my investment.
Not weaklings - probably old investors holding since 2011 trying to get their investment back while they can. Many have been holding the bag for years and an opportunity presented itself and they took it.
Good for them.
Oh God - The Reader Rabbit gambit. That horse (er rabbit) left the barn 4 years ago.
Let's get some current data here.
Me as well. I have then in two different accts.
Maybe - hopefully - but let's hope the third time around for Ken is the charm.
Obviously I am not as shrewd a trader, so I will let the rising tide lift my boat load of shares.