Signature Devices Inc. (SDVI)

[tapout]

From your postings on this board. Could you clarify a few points[/b]
4/6/2011
The S1 registration document is 1/2 done.

The Audits are almost complete and should be hopefully next week.

The S1 only takes about 7 days of my full time attention to finish. Then we are ready to file.

So what if Graffiti IPO's at $3-4 Euro? It's free money for the SDVI shareholders. I still don't think it will IPO that low and that is what the other acquisition can bring to the table.

Could you please update on this. Are we still expecting to IPO at $3 to $4 as you discussed on April 6th. Is the other acquisition still available?
And speaking of S1. I'm putting full time attention into that and this will be my last message for a few days.

4/14/2011
2.5 cents not .0025 cents.[/i]

Are you still buying up to $.025 as it appears we are stuck in a downward trend. What do you plan on doing to get closer to your stated buyback price of $.025.
The plan is to buy up to 2.5 cents not the previously stated .0025 cents.

For that matter, depending on profits and how much float is out there, we would purchase at prevailing market prices at any amount

4/14/2011
Graffiti has paid us some money, but more than that
the pre-sales of Reader Rabbit are looking very good.

I'm not saying we'll buy the whole float back, but I'm sure
going to try to.[/b]

Buy the whole float? It doesn't appear you are buying any troughout this period. Could you please explain what is happening with the buyback.

5/18/2011
DTC Eligibility.
I will update everyone at the same time on other non-public information. This should hopefully happen soon. But in regards to the DTC Eligibility. We always have been and still are. I just verified this with our transfer agent who verified it with the DTCC. My attorney is contacting Penson to have us removed from that list.

Could you please explain if all Brokerage houses are abiding by Pensons statement below. I use Choicetrade for part of my trades and they are still saying SDVI is not DTC eiligible. Choicetrade clears through Penson.

Dear Ken:
Your company is DTC eligible.
Thank you.
Sincerely,
Olessia Kritskaia
I s l a n d S t o c k T r a n s f e r
Full Service Transfer Agency

100 Second Avenue South, Suite 705S, Saint Petersburg, FL, 33701
Office phone: [phone] ext. 243
Fax: [phone]
Email: mailto:[e-mail]
web: http://www.islandstocktransfer.com


I know you are busy but many of your shareholders were expexting a rise in price this summer with the release of the rabbits and instead we are heading south. What do you plan to do to counteract this? A buyback whcih drives price North sure would help.