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Tuesday, January 25, 2011 8:06:34 PM
SDVI SHAREHOLDER UPDATE: Notes
-RR had bad bug that finally found and submitted back to lot check a week ago. Should hear back by feb 1st.
-RR working on Iphone, ds, and ..
-Working on Racket ball game for xbox 360 (kinect) and Wii.
xbox 360 First possibly.
-Working on xbox 360 games to get xbox 360 licence.
-2-3 social networking games to fund and develop self.
-waiting for funding.
-SS is same as of now
-share exchange is at 300 mill not retired yet)
-IPO stuff - looking for last part of deal with 300+ mill company.
-2 banks for funding
deal needs to finish for frankfurt to start
-need current state of financials from company want to aquire( should happen by end of week hopefully)
-SDVI future: Not going away. prolly renamed. going to be reporting otccb company and audited, file sb1 registration statement. audit as soon as possible just need sales cash from rabbits.
-if on nasdaq 6 month holding period from date of conversion.
-Phatty - (Social Networking)
no mmogames to expensive, to many already. So social networking was thought of
developers can use programming and make games for the site
use paypal to monitor money flow and make for easy transactions
going to share revenue with developer
proposed date for graffiti 45 days after aquisition roughly. Shouldn't be any later than april if on frankfurt.
-IPO : roughly 10-11 euros per share!
-restrictions 6 months for nasdaq
-Frankfurt need global account believe to be a 40 day holding period before we can trade them if american. forign can trade anytime.
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