Signature Devices Inc. (SDVI)

[punk153]

You didn't take into account the share structure of SDVI though. I think Ken is saying that 10% of Graffiti's worth will likely be worth SDVI's market cap and thus be split up among all SDVI shares. Lets say that SDVI gets down to 1.25 billion shares after the IPO takes place because some people decided to do the conversion.

Now, lets say that there are 30 million shares of Graffiti Entertainment on the market at a price of 1 Euro. That is a 30 million euro market cap. That gives a price of 3 million Euros or ~$4 million dollars to be dispursed among all SDVI shares. If you divide $4 million by 1.25 billion that equals a stock price of $0.0032.

$0.0032 * 1,025,000 = $3280

IMO

Update: I guess the market has SDVI's current pps priced appropriately after the dividend date, IMO.