Replies to post #38060 on Signature Devices Inc. (SDVI)

[derek_rw20]

I believe that they can do a pretty good buyback with proceeds from games sales. Good enough to prevent a R/S. I could be wrong. NO R/S PLEASE.

SDVI

[Johnny4profits]

He issued them, he can buy them back............

An R/S is inevitable to give us a more attractive share structure/share price. Either that or Ken spends upwards of 20 million on a buyback, which I do not see happening

No one in there right mind takes all of this momo and goes, oh, by the way, I need to do an RS now right in the middle of everything else everyone has been waiting so patiently for and thank you very much investors/shareholders.

Gotta be kidding me! Up until this time SDVI has been one of my most favored bright spots as far as trades go. Now there is a stench over it that I just can't seem to clean up, no matter what the justification, excuses or great reasoning. It just doesn't work that way in the real world.

IMO of course...........

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[machias]

Why would Ken do a 20 million buyback?

When he could buy the entire float right now and take the company private for under 2.5 million

[aspirin]

First things first.

I believe Ken's current strategy is share price stablity over price increase. Fantastic deals are easier executed if all parties are knowledgeable of where SDVI will be next week or even next month. Which begs the question, has preferred share count changed recently? That might be an important piece of the puzzle.