Replies to post #28541 on Signature Devices Inc. (SDVI)

[aspirin]

Thanks. Now only if Emiko can make a hit Graffiti titled song.

[BionicBoy]

I don't know how or why a hedge fund would give out that kind of credit for the formation of the newly repackaged Graffiti Entertainment and not have a controlling amount of shares... This whole thing has to be a big paperwork shuffle because if the line of credit used to purchase companies would have to show up as a debt on Graffiti's books IMO..

Graffiti would have the 360 Million Euro debt for the deals that would have to be paid back along with the debt that the companies purchased already have.

There is something else going on here besides just a line of credit.I think all of the assets and a controlling amount of shares will go to the hedge fund and Ken gets some IPO proceeds (which could be millions of Euros) to grow Graffiti as a publishing company and some of the profits for SDVI...

I would be shocked if Ken couldn't turn millions of Euros into a grand publishing company. The whole IPO thing would allow the hedge fund to gain companies packaged together in an IPO and also allow Graffiti Millions of Euros to grow into a large company..

The hedge fund will only do deals that are stacked in their favor IMO..