Which is what makes it an attractive buy here too. Of course that will depend on the pps of Graffitti. If they are in their range or close though, it is an easy double or triple your money right now. If. I will be watching for the audit and on how well the Reader Rabbits go. Of course it remains to be seen what plans are in the works for SDVI. If these are good and as the share structure will be reduced by the converters and they will be getting 10% royalties from Graffitti. Who knows. There is still alot up in the air there but, I have time.
CEO owns big chunk of SDVI shares. He does not want to convert. He said after the IPO is complete his goal is have SDVI shares 1/10 valuation of Grafitti shares(he like to sell SDVI assets to Graffitti). That means he want to make big $$ on his SDVI shares by selling it to Grafitti later on.