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Noticed that Ken is working for Amazon now.
In 2006 SDVI won a lawsuit against SNK Playmore. Here's the public announcement:
Signature Devices announced today that SNK Playmore has agreed to settle a lawsuit which was filed after the company breached a contract with Signature Devices. The lawsuit was initiated in 2006.
Kenneth Hurley, chief executive officer of Signature Devices, Inc., said, “We are pleased with the outcome of this legal proceeding, all of which demonstrates Signature Devices commitment to defending its rights for compensation under development agreements, thereby protecting the investment of its shareholders, employees and sub-contractors. This settlement shows our commitment to fair and equitable development agreements as both a publisher and developer. It is also a great feeling to be free from pending litigation and to get back to the fundamentals of our business.”
The General Counsel for Signature Devices stated, “In the end we received tens of thousands of dollars from SNK to settle the lawsuit. We could have taken this further, but were willing to settle early and have a clean slate with no more pending litigation. If SNK Playmore would have paid as agreed, we could have avoided litigation and saved both companies unnecessary expenditures.”
Wall Street News Alert is placing aggressive investors on alert and recommends them to monitor the progress of Signature Devices. Signature Devices is focused on creating, developing and manufacturing advanced information technology, which includes computer systems, software and electronics products. Through its wholly owned subsidiary, it is also a full service developer and publisher of games for advanced entertainment consoles.
Hey Paul, it's really nice to hear from some long time investors. Was corresponding with Reg the other day. He's still waiting like the rest of us long time, very, very long time investors.
Yeah, right. Direct link to all the SDVI SUPPOSE to happen news.
I wish you would quit pumping SDVI. The amount of SDVI emails I receive from 'muga' is annoying!
Totally agree.
Are you pumping this stock? How can this be a huge success when Graffiti isn't yet listed, and SDVI continues to tumble.
Are/will the financials be audited?
So you're still following SDVI.
Very old news
Absolutely! Never left.
I did but you didn't answer.
I visited the Redwood site, and have personally seen Ken on a couple of occasions, but it's been awhile. Pictures, etc. were posted for all to see.
Agree!
Just a reminder, the recorded conference call can be viewed at:
http://www.ustream.tv/recorded/9554572
Just wondering, have you contacted your broker to see if you can obtain a certificate for your IRA shares should you decide to trade them in to SDVI for more Graffiti shares?
Did Ken say that he has funding lined up with JP Morgan and Chase, or did I misunderstand that?
He also said that once Graffiti is settled in, SDVI will uplist possibly to American Exchange, or Graffiti will buy up the SDVI shares. Did I misunderstand that?
Good catch. I wondered about that too.
39 minutes to go. The conference site is:
http://www.ustream.tv/channel/SDVI-shareholder-update#
Meeting starts in approximately one hour, 20 minutes.
Yeah, and it's a fun game.
Remember this:
2009 Revenue Guidance Estimates
January 21, 2009: 09:00 AM ET
"We are giving estimates to our revenue in order to keep our shareholders informed of the business. These estimates are based on average sales numbers for video games in the same genre and on the same platform. For 2009, we are estimating a Gross profit of between $1,244,145.00 - $3,028,155.00 with an EBITDA (Earnings Before Interest, Taxes, Deductions and Amortizations) of between $764,145.00 - $2,548,155.00."
"In estimating the revenues for 2009, we've taken a conservative approach," stated Kenneth Hurley, CEO of Signature Devices, Inc. and Graffiti Entertainment, Inc. "We've given a range with the low end being the very conservative estimates and the high end being an average sales of similar games."
Will be interesting to see what the numbers look like with the RR series.
Wondering why Walmart shows RR Wii games in stock for online orders but "Not sold in stores."
http://www.walmart.com/search/search-ng.do?search_constraint=2636&ic=48_0&search_query=reader+rabbit&Find.x=0&Find.y=0&Find=Find
Love the images they are creating.
You still in Scotland?
OMG, how are you Jigsaw? Glad to see that you're still with us.
In July, I posted that there were three (3) RR DSs on the shelf in the Walmart, Apple Valley store. (posting 23192)
That's really an excellent image. Two games seems to be missing: Air Conflicts (PSP) and Mazes of Fate (DS). The Graffiti image could be a bit clearer. Other than that, hats off to you for a job well done.
Me too! Might have to buy a phone just so I can play this game.
And that was from me. Had to get the price down a bit in order to pay less taxes on moving bunches of shares from a Traditional IRA to a ROTH IRA.
'Free Running(TM)' Ships to U.S. Retailers
July 26, 2010 2:35 PM EDT
REDWOOD CITY, CA -- (MARKET WIRE) -- 07/26/10 -- Graffiti Entertainment, Inc. -- a subsidiary of Signature Devices, Inc. (PINKSHEETS: SDVI) -- today announced that 'Free Running' for the Wii has been shipped to the North American market. This game is based on the extreme sport of Free Running, which involves the player running, jumping and performing death defying tricks through and over urban environments. 'Free Running' has already been a smash hit on PS2 and PSP.
Free Running, or Parkour as it is known in France and USA, is about being at one with the environment, challenging yourself, maintaining and developing aesthetically positive, smooth and attractive moves and tricks as you progress through structures, buildings and urban areas.
Features
• Become the best Free Runner in the world by performing the most amazing tricks and moves using the precision and flexibility of the Wii Remote and Nunchuk controllers on the Wii.
• 60 unique challenges, over 10 levels in 3 environments: Urban Jungle, Docklands & Inner City.
• 9 different single and multiplayer modes including 'Race', 'Trick' and 'Target' modes.
• Completely free roaming gameplay -- go anywhere, climb anything!
• Unlock New Characters, Clothes, Music, Tricks and Moves as you progress through the game.
• Amaze your friends (and yourself) with stunning combinations of Tricks and Moves in some of the most dangerous and death-defying environments!
• Recreate your favorite moves and techniques in exact detail!
For more information about Signature Devices, Graffiti Entertainment and their products, please visit www.signaturedevices.com.
There are three (3) Reader Rabbit Kindergarten DSs on the self at Walmart, Apple Valley.
Apple Valley
Walmart# 2333
20251 Hwy 18
Apple Valley, CA 92307
(760) 946-2030
In Stock
5.43 miles
San Bernardino
Walmart# 3276
4001 Hallmark Pkwy
San Bernardino, CA 92407
(909) 880-4038
In Stock
21.58 miles
Rancho Cucamonga
Walmart# 1922
12549 Foothill Blvd
Rancho Cucamonga, CA 91739
(909) 899-1441
In Stock
30.91 miles
Perris
Walmart# 1747
2560 N Perris Blvd
Perris, CA 92571
(951) 940-0440
In Stock
43.9 miles
Corona
Walmart# 2842
1290 E Ontario Ave
Corona, CA 92881
(951) 278-0924
In Stock
46.57 miles
Within 50 miles of my home (Apple Valley, CA 92308) five stores show that it's in stock.
What a joke. I picked up another 7,000,000+ shares just in the month of April.
Agree
Don't follow SDVI's pps; As a long term investor, my stick decision is based on Ken's commitment to the company and improvements in the release of games.