Replies to post #19636 on Signature Devices Inc. (SDVI)

[bwrbad]

In other words are you saying


some are willing to give the whole company valuation to +3billion?

[awesome1_in_cc]

punk153,

I agree it happens all the time but that is not what was stated in a previous PR.

"I wanted to assure shareholders that the current set of deals we have in place with respect to Y7 Capital partners is not at the expense of Signature Devices, Inc.," stated Kenneth Hurley, CEO of Signature Devices, Inc. "Y7 Capital is a joint venture, whereby we are bringing the acquisitions to the venture and Yamani Pictures is funding the opportunities."

Never did mention the fact that part of the deal involved giving up part of the company did it?

"This in no way affects our current business model or is a drain on cash flow with respect to our video game business"

True!! It was done on the backs of the shareholders by diluting our stake..

I guess we will see in the long run if the value is there or not..

Don't worry, I am done with my rant and will check back with you all down the road..

GLTA