Wednesday, May 16, 2012 9:12:05 AM
They’ve done it again folks. Today’s May 16th PR Reads:
Signature Devices, Inc. (PINKSHEETS: SDVI) and its subsidiary, Graffiti Entertainment Inc., announced the immediate availability of exclusive sales territories on a global level, potentially doubling the Company's market reach. There are financial requirements including minimum sales quotas to obtain special sales rights to countries or regions and individuals may apply directly to the company with an indication of interest at sales @ graffitientertainment.com.
Then, the very bottom of PR reads:
Based in Redwood City, Calif., Graffiti Entertainment, Inc. was spun out from Signature Devices, Inc. (www.signaturedevices.com) (PINKSHEETS: SDVI) and publishes diverse media products including console video games, iPhone/iPad and Android games. Signature Devices, Inc. creates and develops social networking systems including social networking server software, social networking games and console games, which it publishes through Graffiti Entertainment, Inc. Signature Devices, Inc. and Graffiti Entertainment, Inc. recently announced a merger agreement. Mart van der Velde is the CEO of both companies.
I’M TOTALLY CONFUSED. Shouldn’t the PR read:
Signature Devices, Inc. (PINKSHEETS: SDVI) and its former subsidiary, Graffiti Entertainment announced…” Again, I thought the purpose of April 12 PR was to put all this confusion to rest. Mart, what's up?
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