Signature Devices Inc. (SDVI)

[awesome1_in_cc]

"Comparing SDVI - LFBG...

SDVI has 2B O/S, LFBG has 3B O/S
SDVI has 1.2B A/S(?), LFBG has 1.8B A/S

SDVI is profitable, LFBG...
SDVI has 300M to invest, LFBG...
SDVI has RR which will sell like hot cakes, LFBG...

SDVI pps is 0.0017, LFBG pps is 0.0037

??????????? "

Hard to believe isn't it??

I personally think one of the biggest problems may be the continued increase in the A/S count.

7/5/2006 - A/S Count 450M
2/20/2009 - Moved to 950M
11/13/2009 - Moved to 1.5B
5/27/2010 - Moved to 2.0B

http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=hM5PiBspITuFbwVeotDxlg%253d%253d&CorpName=SIGNATURE+DEVICES%2c+INC.

Increasing the A/S count up over 1B in a little over a year will hurt investor confidence in any stock. I think most people including me were expecting a decrease coming soon since they should be making money, so I was surprised by this.

GLTA