Signature Devices Inc. (SDVI)

[Hymea]

Don't know if anyone already posted this from Kenneth Hurley. It's from the Phat Yaffle site - Ken's Corner forum.


SDVI Business 1 Week, 6 Days ago

As previously mentioned in our press releases we have good traction with our products and are profitable, but it still seems we aren't getting the attention we deserve.

Electronic Arts loses 1.09 Billion in Fiscal 2009. I predict this 14 months ago.
http://www.phatyaffle.com/index.php? option=com_fireboard&Itemid=107& func=view&id=781&catid=38

Their EPS is negative and ours positive.

Some investors complain about market cap and the price of the stock and what I'm doing about it from a business perspective.

Market Cap and Stock price are emotional values people place on a companies worth. They really have nothing to do with business in the sense of profitability, but maybe potential? EA is again bleeding money and has a 5.9 billion dollar valuation, we have a 4 million dollar valuation!

Building SDVI the way I have been is starting to show me that I've taken the right path. The long tail approach.

If I had a board of directors like they do over at EA, we would be out of business. I'm not sure what they are thinking hiring Riccitiello for the second time. At his direction he lost $500 million back around 2000 and not it's 1.09 billion in 2009. At this rate the company will burn through any cash reserves and be out of business in a year.