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Re: BeachBum post# 60730

Saturday, 01/26/2013 1:13:02 PM

Saturday, January 26, 2013 1:13:02 PM

Post# of 93372
Sounds like you are working for Universal.

Let me address some of your points.

$1 million+ is real money. 401k losses are $300k+, and a judgement for $667,000 a personal guarantee for Graffiti/SDVI which was an invoice was not paid. You can verify this through Washington state court and California legal documents if you know how to search. I'm hoping Graffiti/SDVI can recover through legal action, but legal action takes money.

Pacer is a great place to start. This caused the IPO to fail. A very big public company decided to try and bankrupt the little company and came very close, but they don't know who they messed with.

So yes, 1 million+ in real money. Irrespective of adding any compensation or lack of compenstation from SDVI.

So I don't really care if you think I faded away, too bad. Who wouldn't?

The one thing that sickens me about people who post on iHUB who think they are due some sort of explanation from me. They do deserve an explanation from the company. The company is a separate entity from me and always will be.

As for resigning, Terry and I did both resign over 1.5 years ago. Nevada and other states did not have a requirement to file anything except yearly when you file your annual directors list. Since SDVI couldn't do file, as you can see from the Nevada SOS website, nothing was updated.

Doesn't mean I didn't resign and we in fact did file the new forms Nevada put out, in I think 2010, where you can file to resign for $75.00. I still have the documents that were filed. They probably wouldn't file them because the rest of SDVI isn't current.

Yes, I update the IOS apps. Did I have to? No. Did I do it because I feel bad for people that invested in SDVI in the public market, NO!! Pink sheet investments are a gamble, a big one. I gambled that the distributor would pay per the contract and they didn't so I lost. I feel for you, but do I personally feel responsible, no. The price of the stock is controlled by market makers plain and simple. SDVI was at one time $1.60 for no reason, it then came crashing down because of traders.

If you lost your money, it's the pink sheets. Do you get mad/start lawsuits if you lose at the craps, blackjack, roulette or the slot machines, no.

Everyone knows that pink sheet companies are dangerous. Yes there wasn't a follow up when things went south, but I'm sorry, $1 million in real money is beyond my fiduciary duty.