is Sitting Back and Watching the Games
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Pretty easy to do if one creates the bottom.
I have hardly paid attention to this pps at all. It would have to go a LOT lower to get any from me.
My view dramatically got worse with the bs 7th level "aquisition". And now to hear crap like "leveraged buyouts"? Not surprising in the "scheme" of things actually. But LMAO!!
Just add it to the "investment" into oil wells list. Speaking of which, since that number is now hidden, how do we know how much money they made or lost on that "investment"? Don't even have any indicator by which to know when to ask the question even, since the number is now mixed in with other "unaudited" financials.
Wonder if "7th level" has any stock shares put out there for $1 per share exchanges to the valuable SDVI stock like "Grafitti" does. And wonder if the next "leveraged buyout" will too. Guess we won't know until, if ever, we see a set of "audited" financials again (funny how that happens)
Yeah.. thanks for bringing that up.
Made me wonder, if that indeed is the case, how could they have claimed they would be up-listing back a year or so ago? And, if they didn't realize until back then when they pulled their request (which would be pretty sad), why didn't they begin the process back then?
Not sure how you can just build up a queue of 2 years of un-audited financials, if indeed the requirement is for 2 years of audited financials. If you're going to do it, why wouldn't you just audit them now. Instead talk about "leveraged buyouts"?? LMAO
Maybe a year from now they'll clarify some of dat, like they did with the bilingual (and trilingual:) packaging adding to the claimed number of SKU's. Sad that they would take advantage of that kind of a technicality. Wonder how long that plan was in da works?
They should have informed investors ahead of time that bilingual (or trilingual :) "packaging" was going to be twisted into pumping up the SKU numbers. ROFL!! That's sad.. sad.. sad.. [once again]
Don't recall Ken referring to "stock keeping units" in those audio clips as being different "packaging". It's different platforms. No games thus far have been released on more than a single platform.
AND... the "SDVI" preferred shares look like they increased 1.1 million. Versus last publicized number that I've seen or anyone has shown. That equates to 1.1 BILLION common when converted at that 1000 for 1 ratio.
AND... it didn't mention ANYTHING about the "Grafitti" common OR preferred.
Just for the sake of those conspiracy theorists:)
AND.. I keep missing those darned "investments" on the financials. They still have the verbage at the bottom. But where's the number listed now on these new "unaudited financials"
Is it under "other assets", "other current assets"? Nice way to hide it dis time around.. Unless of course it was just a typo:)
http://www.signaturedevices.com/ir/SDVI-Full-2009-U.pdf
"SDVI" common shares are close to being maxed out. Who woulda figured? LOL:)
Oh boy was that a good one! :)
Not at all suprised to see a bid of 0.002 with that ask of 0.0028
ROFL:)
Yep.. even if you've NEVER searched for HESG on the pinksheets web site, when you google "pinksheets", HESG is one of 3 stocks that's shown. STILL!! :D
Pretty cool huh?
http://www.google.com/search?client=safari&rls=en&q=pinksheets&ie=UTF-8&oe=UTF-8
And I certainly never entered "RMDM" ANYWHERE. Before seeing it HERE anyway... :D
There's that jeopardy tune playing again:)
I imagine that well (oops) find out soon..
Maybe your (oops) not being nice enough.
I wonder why it gets so quiet in here every time something potentially positive is revealed. Perception is a sort of re-grouping goes on. Know anything bout dat??
That is VERY cool...
Nice to start off with some "real" trades at the ask
EVEN MORE?? SILLY....
Wonder why the news release says Las Vegas... Have the link? [should ALWAYS accompany a link - know what a link is?]
Did I read somewhere about dudes round here get'n in BIG TIME trouble for bogus PR's?
Formatting doesn't look very good. Maybe a little more effort next time??
Thoughts?
GLTA:)
Huh? ALL I CAN HEAR ARE THE ALL CAPS!!
Seems select posters were a bit blind-sided yesterday.. ROFL!! Great sight to behold... :D
OH NO!! Here come the ALL CAPS
Think I'll buy some shares tomorrow.
Didn't take long to bring up/take advantage of that new platform. I'm sure the forward looking statement is a comin'
If I recall right, the PR about making games for the IPhone didn't get much mileage. So I imagine this new one won't phase anyone.
Speaking of which, it's been a long time now since they first mentioned that EEII will be used to make games on the IPhone. Do they have anything for the IPhone yet?
And I speak as someone who was genuinely excited that they would [cough cough] be making games for the IPhone. What an opportunity that would have been for them and us. And such a disappointment how it never materialized.
Same with that XBox Live Game. Where is it?? That one has supposedly been happening FOREVER. That as well had huge potential, huge hope by us, and huge disappointment.
Not sure where the 2002 link comment came from. This is from their not so recent, yet not so distant application for the upgrade to OTCBB as far as I understand. And I’m seeing numbers in it from July, 2008.
Anyway…. leaf down to page 20 of the pdf you were looking at. Btw… it’s really easy to use the search feature if you’re looking for something on a pdf. The help feature might be handy to learn how to use the search feature.
http://www.signaturedevices.com/docs/SDVI%20Form%2010.pdf
Looks like there’s actually a Series A and Series B preferred. And this financial document appears to me to say that both are convertible to common shares at 1000 common for 1 preferred share.
“Preferred Stock
As of July 10, 2008, 277,552 shares of Series A preferred stock were outstanding and held of record by 3 stockholders.
The Series A preferred stock votes with the common stock, and each share of preferred stock is entitled to 1,000 votes per share on any matters that the stockholders are required to vote upon. Each share of Series A preferred stock also is convertible into 1,000 shares of common stock at the option of the holder. Mr. Hurley, the CEO and director of the Company, owns 243,658 shares of Series A preferred stock. This would allow Mr. Hurley, together with his ownership of 19,469,000 shares of common stock, to control approximately 263,127,000 votes.
As of July 10th, 2008, 20,063 shares of Series B preferred stock were outstanding and held by 9 stockholders. Each share of Series B preferred stock is convertible into 1,000 shares of common stock at the option of the holder and is entitled to one vote per share.”
Since we’re stuck on this, I’d really like to know exactly what this means…. If I were to take my non-professional look at this I would say that as of that date shown, that there were ALSO 5 million shares of “Graffiti” common shares and over 5.5 million “Graffiti” preferred shares. And this financial document says those “Graffiti” preferred shares [actually looks like common too] are convertible to Signature Devices common shares at a conversion of $1.00 per “Graffiti” share in exchange for $1.00 worth of Signature devices common shares.
Is this saying that, in addition to the SDVI preferred stock conversion issue, that we also have an A/S of 10 million common, and 10 million preferred “Graffiti” shares to worry about, that can be exchanged for $$Many dollars’ worth of Signature Devices shares? I’m assuming it doesn’t include [or at least didn’t include as of July 10th, 2008 but who knows now?] the 5 million common and preferred “Graffiti” shares that the financial document says Signature Devices owns. That is a potential for a WHOLE lot of money, and a WHOLE lot more common shares of Signature Devices if/when converted. And it appears that it has potential to be even more crazy high since the authorized “Graffiti” stock is shown as 10 million preferred and 10 million common. Is that right? Are we talking a potential if maxed out and not in Signature Devices hands, of some day someone(s) exchanging “Graffiti” shares for $20 million worth of SDVI shares? Just mind-boggling!
For instance, Twin Equities owning 507,500 preferred “Graffiti” shares as an example. Looks to me that they can convert those shares into $507,500 worth of Signature Devices shares. Is that right? That’s a BUNCH of shares. And the lower the pps, the more shares that would be. Hope they didn’t give others like Navarre, Tri-Synergy, Frasher Nash, Nordic, Developers, etc. that kinda deal. Could get way outa hand at 10 million shares of “Graffiti” common and 10 million shares of “Graffiti” preferred. Way much!
“The authorized capital stock of the Company consists of 450,000,000 shares of $.001 par value Common Stock and 5,000,000 shares of $.001 par value Preferred Stock, 277,552 of which are designated as Series A Preferred Stock, and 20,063 of which are designated as Series B Preferred Stock. In addition, Graffiti Entertainment, Inc. the wholly owned subsidiary of Signature Devices, Inc as authorized capital stock of 10,000,000 preferred and 10,000,000 common shares.”
“As of July 10th, 2008, 5,000,000 shares of common, and 5,537,500 shares of preferred has been issued by Graffiti Entertainment, Inc. the wholly owned subsidiary of Signature Devices, Inc. These shares are convertible at equivalent of $1.00 per share to $1.00 worth of Signature Devices, Inc. shares at the time of conversion. Of the 5,000,000 common shares, Signature Devices, Inc, owns 100%. Of the 5,537,500 preferred shares, there are 3 stockholders, Signature Devices, Inc owning 5,000,000 shares, Twin Equities owning 507,500 shares and Eric Knopp owning 30,000 shares.”
Appears to me that we need an update AND clarification here. Because what I see is very concerning imo. In fact, believe I’ve been saying that, even so far as just the “Signature Devices” preferred shares. That’s why, in my opinion, it’s unlikely that the financials are coming. Or they would have already released this information/clarification already imo. Hope I’m wrong.
Surely if the Signature Devices preferred shares have since been retired to zero, they would have broadcasted that to the hilt. But instead we don’t hear boo about dat. If on the other hand it’s maxed out to the A/S of 5 MILLION…... And now I see we have an equally if not more important concern with the “Graffiti” shares. According to my view of what I’m looking at anyway.
I did assume that if the common SDVI [don’t like having to now distinguish between SDVI shares and Graffiti shares] A/S is 1.5 billion, that that’s as high as we have to worry about. That is, unless they raise the A/S SUBSTANTIALLY to allow such conversions/exchanges. Afterall, have to imagine that if someone is wanting out, they’re gonna get what they want. Would have to think there’s even contractual language that would require such. Either way…… whew…….
Thoughts?
Maybe this is why we aren't being told what the present preferred share count is?
You may be on to something actually. Could be that the actual (combined) share count has much more than doubled! Depends on what the preferred count is now vs. the 277,552 shares as of February 15, 2008. Anyone wanna speculate what the count is now? How many might the 7th level people have received? Not to mention how many more Ken and his employees (etc. etc.) may have received since nearly 2 years ago
I wouldn't be surprised in the least if the preferred is actually maxed out at the 5 million share A/S.
Ewww... didn't realize it was that few (relative to the preferred A/S) back then. Been so long since I looked. glad I'm out.
"As of February 15, 2008, 277,552 shares of preferred stock were outstanding and held of record by 3 stockholders. Mr.
Hurley, the CEO and director of the Company, owns 243,658 shares of preferred stock. The preferred stock votes with
the common stock and each share of preferred stock is entitled to 1,000 votes per share on any matters that the
stockholders are required to vote upon. This would allow Mr. Hurley, together with his ownership of 19,469,000 shares
of common stock, to control approximately 263,127,000 votes"
http://www.signaturedevices.com/docs/SDVI%20Form%2010.pdf
(middle of page 12)
Is that the last (public) information we have on the preferred share count?
Try selling and see what it does..
btw.. that isn't quite right that the share count doubled, that is, unless your (oops) aware of an increase in dose preferred shares. You know... the ones where the conversion rate is 1000 common shares for 1 preferred share.
And if it is da case, what was the preferred share O/S count at last disclosure? If it doubled... are we maxed out? Cause maxing that to the A/S would equate to 5 billion shares apon conversion just on it's own since the preferred A/S is 5,000,000. Doesn't it?
But hey... how would we know anyway. We have no clue what the present preferred count is. Wonder why we don't know?...
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=hM5PiBspITuFbwVeotDxlg%253d%253d&CorpName=SIGNATURE+DEVICES%2c+INC.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=hM5PiBspITuFbwVeotDxlg%253d%253d
I know... don't understand
How could dey not?
Looking forward to seeing how good you are with your "definitely" comment
But hey.. that's da best thing that could happen considering what you stated was a share buyback. The lower it goes, the more shares they buy.
Just imagine how many shares they could buy with that "investment" money [cough cough] that's propping up Ken and what's his faces "investment" in those oil and gas wells. That's a LOT of shares they could have! Afterall, they know this is worth much much more. So they should do it, shouldn't they?.....
Is curious how bionic boy, dfer and tony are all makin the turn at da same time. Wouldn't you say?
Okie Dokie..
Why da red highlight on "everyone here will have lost basically EVERYTHING at that point." "hermie" ??
Your wisdom is truely incredible like the extremely short breaker taker says (and not at all transparent)
I believe the comment was a strict comparison between a traditional IRA and a Roth IRA. Not a regular broker account. You can follow the references back. Doesn't go but a few posts back.
In particular, a comment about rolling 2 million shares of SDVI from a traditional IRA into a Roth, and paying tax on the current value. And that they love that!
Go ahead. Let's say I convert $10,000 from a traditional to a Roth. I'm going to pay taxes out of my present pocket of like 3 grand, and have the risk of that money coming out of my pocket now for a potentially worthless investment in the end? Don't think so...
And if it falls to zero/next to zero, you've paid uncle SAM taxes and have nothing to show for it. hmmmmmmm..... no thanks.
I'd rather have the taxes I don't pay help the investment for compounded interest/earnings. Only have to pay Uncle Sam a percentage of what would have been their money makes for you. Good deal.
Roth would be particularly bad imo if it's a gamble to begin with. Regular IRA, you lose it... Oh well. 30% of it would have been Uncle SAMS anyway.
NOT ME!.. if theyr (oops) buying shares back, let it fall more.
Do da math! Deil get more shares!
Will be.. AND THANKS!!
btw... you(s) ALL were VERY transparent from the beginning.
Including in dat list the pretend lightningrod guy and dat kountry guy. Seen right thru it (the games).
REALLY fun to WATCH!!! Thanks so much for providing all of dis entertainment!
Why..wishing for a 5th digit to sell your shares since your (oops) getting "OUT"? I don't get it...
Oh... trying to entice people to want to buy so you can get "OUT"? Wait.. that doesn't make sense eeder
After you get "OUT", you gonna take a 10 minute "break" like neo?
See ya;) Looks to me like it's getting close to toe dippin' time...
Still not firm on that turn yet kennypro? Cumon...make a "concise and non-weaseling" decision already.. my fingers are itchy:)
As for hotwings.. doesn't even look like he's been here long. I questioned the PR prediction bs long time ago. So why has "he" become some kinda pretend projected lightning rod? NOT!:)
That's supposed to make me feel better about the throw-in(s)? Nope
If it's important enough to throw that bs into a response, then (IF real) we should have seen a PR a LONG time ago. Obviously if the bs didn't amount to much, it wouldn't have been thrown in there now would it? Should not be where some know the truth about something that's obviously is an important factor in someone's decision of whether to invest here, but most don't know the truth. Aren't there rules against that anyway?
If that bs is not in a PR:
1. I don't believe it
2. It indicates to me that someone(s) thinks this is just a game. Maybe some enjoy the game, or will get some kind of twisted benefit from it, but not those who believed in this company and the bs, and therefore are destined to be sitting holding the bag (which by the way isn't me:) In my opinion of course.
And, btw.. not a surprise.
That's OK.. No surprise with that there opinion/prediction.
Actually is fun to watch the games.. If it goes to 0.0001, even more fun no doubt.
I like how Best Buy and Target were conveniently thrown in for a good measure attempt at surprise. Afterall.. it would be a surprise without a PR now wouldn't it? Oh.. except if your (oops) lucky enough to live buy one a dos.
Heck... why not try anyway, huh. Can't hurt. That is.. as long as you can overlook the reality bit.
Looks like it fooled many.
Alright... everyone back in their corner.
Hey.. wait. There are too many people in that corner. Wats goin on here?
I see someone choses NOW to talk about consistency? ROFL!!
That is REALLY funny.
Seems to be a little inconsistency here..
Or guess one might say consistency..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43648391
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43683464
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43683731
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43684151
Not sure that I understood that interaction entirely...
Can you kinda help out us little people and explain what that code wording all means?
btw... anyone else who lives in Canada have a walmart near them (not dat one) that is selling graffiti games? If so... please state which one. Still no PR on that. Hard (REALLY hard) to imagine how that could be the case to not PR such an important happening.....
WOW that was harsh kenny
Sounds like your (oops) teetering between that walking and not walking. Can't wait to see which direction you claim to take.
Crap sumpin else too..
Not good considering the games weren't out till nearly the end of the Christmas season. With RR, couldn't have gotten any closer to Christmas (if my memory serves me:)
Since you(s) are so determined and persuasive, I'll just gather up what I got and dew even better than the media.
I'll make you(s) proud..
My big buy today was listed as a sell ONCE AGAIN:)
Kinda ruins the whole premise to the statement. Doesn't it? I mean in a reality sort of way.
Were the "sells" your (oops) talking about even numbered or odd numbered? Just curious... because the "real" buys that I'm familiar with (ya know... the one's maneuvered to look like sells) were odd numbers. Even though the lightning quick group of transactions (three separate ones for one order AGAIN!) added up to my even (very even) buy. How dey du dat?
What's that say about the even numbered "trades"? hmmmm... there's that reality interrupting things again:)
How many shares showing up as genuine trades (of course mainly sells ) ya think are just being shuffled from one account to another? Nahhhh... couldn't be.
DFW... Do you know how I can check to see if any preferred shareholder has converted any of their preferred shares to common at that 1000 for 1 conversion ratio? Is there any way to get that info?
Figured someone at some point might want to cash in a bit, but I'm not familiar with how you could even know if they did. Seems that there's some room on the common A/S (as far as we are aware anyway), where they would have an opportunity like that, in the event that they want to sell some shares.
Thanks:)
GLTU / Do your DD
Strange how they are still selling shares below your bid price (ie: bid at 0.0003 results in 3 odd number separate trades, two of which were at 0.0029 and one at 0.0027?
If Tom is the one selling, why is he selling for less than someone is willing to pay, and as a result make it register as a sell at 0.0002 instead of a buy at 0.0003? Just crazy.....