Signature Devices Inc. (SDVI)

[RRSilverShadow]

Well thought out and clearly stated Saredi! I was thinking about the "breach of contract" and "terminate myself and the entire staff" that RJ mentioned in an email to derek_rw20 post #46918 on May 6, 2011.

If there are legal problems with the arrangements that RJ and Ken were bound by regarding 7th Level and any stock that RJ might have been entitled to, then perhaps RJ et al are suing SDVI for breach of contact and unexpected or unwarranted termination of employment.

We are all in the dark as to the nature and depth of the current legal issues here. Any legal matters would affect the audit in the fact that companies must also provide in their audits, any and all unresolved litigation in process in the statement of condition.
Could this be the reason that the audits haven't been released yet? Is Ken hoping for a resolution to SDVI's legal matters before the release of the audits? Just thinking out loud about it. In any case, I truly hope things get resolved quickly so that we can all regain that confidence that we had earlier in the game.

Go SDVI

GLTA

RR