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Friday, December 18, 2009 2:41:08 AM
Here are some quotes:
"The primary goal of the financing is to provide 7th Level with a financial vehicle to acquire entertainment based entities that are synergistic to both Yamani and 7th Level. While neither party has released information on the exact amount committed by Yamani, the anticipated contracts should yield in the 9 figure range."
"In addition to enabling 7th Level to produce a series of high profile events surrounding Yamani's fantastic feature films, this deal puts the 7th Level Entertainment Group in the position to acquire companies and assets within the scope of the Entertainment Industry that will add significant value to the 7th Level Entertainment Group, Yamani Pictures and their respective investors."
"This is a win for Yamani Pictures and a win for Signature Devices as well-the 7th Level and Graffiti deals really propel our momentum as we continue to diversify our businesses into new areas of the entertainment sector, specifically with music and film tours, live events and talent management- all this added to our core gaming business." (Grafitientertainment can make games of the films of Yamani pictures)
http://finance.yahoo.com/news/Signature-Devices-Inc-prnews-924630212.html?x=0&.v=1
Add this to Reader Rabbit Kindergarten and Rogue Trooper and ... you will see sdvi will show a very nice q4 and will be able to acquire other companies and assets too. Sdvi is becoming a giant in the entertainment and gaming industry!!
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