Signature Devices Inc. (SDVI)

[zambono]

CC MINUTES BY ME
they are not perfect, but a good summary

5k units makes profit
rr ds 15 - 20k , average about 1k units a month continuous sales
air conflicts - 20k , average 400 units a month continuos sales
others 5 - 10k

1.7b O/S
1.6b float
2.7m preferred, kh has majority, some to 7th level

7th level cost, mostly shares, and a big investor

rr wii - kh did most of the coding
at lot check, 3 of them
1st grade needs a minor bug fix then submittal to lot check

jakers almost complete
held back to implement wii mote, gesture recognition

no dilution, has an investor who received common shares, big investor mentioned before

buy back in the plans

$1.2m purchase orders from canada

amani deal $5m hasn't started, film hasn't started

dfindie entertainment - $33m for sdvi 33% ownership
$100m equity funding
$100m bank loan revolving
first right of refusal
2 seats on board
signed 9/9/10 and ready to go

PR going out after CC

big stuff

$360m euros with hedge fund for acquisitions, equity line
fully reporting and listed is a requirement
has 2 be listed on frankfurt
cayman island fund

dividend to of grafiti shares to sdvi share holders
.00675 per share
200 shares of SDVI = 1 share of Graffiti
300m acquisition in entertainment industry, no name given, big name cant's say

ipo in frankfurt will be 1euro a share
access to euro investors
must get audit, month time
1 month after, frankfurt can list

buy back
depending on rr sales, will happen gradually
also sdvi might be bought out by graffiti europe once that is place and final acquisition completed

dividend announced to be 9/16/10