Signature Devices Inc. (SDVI)

[stockgurutrader123]

yes, agree with your thinking. I think the increase is done to facilitate closure on the below 3 deals, which are yet to be PR'ed. Here's an excerpt from the May 19 PR that talks about 3 more deals in the making

From May 19 PR -
"Mr. Caparro will also be working very closely with both Mr. Bucaria and 7th Level CFO Jack Carton to complete investments in 3 other New Media-based entities for the division, which include a lifestyle media marketplace, a cutting edge digital marketing company and an entertainment-based transactional company."

Link to May 19 PR - http://www.marketwire.com/press-release/Signature-Devices-Inc-Announced-Today-That-Jim-Caparro-Has-Officially-Joined-Its-Subsidiary-1263449.htm

I think we would hear soon about these new deals, and I am sure, it's going to vault SDVI to high levels.