Replies to post #48681 on Signature Devices Inc. (SDVI)

[Johnny4profits]

Question on this............

Let's say that everyone votes for a 1000:1 conversion SDVI to GRAFF. That conversion will be effective for shareholders of record on xx/xx/2011 and will be based on the SDVI share price on that day. Do you feel that your GRAFF shares will benefit from that?

It seems what's best for all is to give the converted shares back as if they never left, get the company back into good health and then look at reducing the SS. Any other plan will most likely be disastrous for holders of both company's. IMO

Regardless of what transpires, what is there to protect Signature Devices from any litigation resulting from failure to perform in regards to the voluntary conversions? Wasn't there enough time line information disseminated to constitute a legal positioning? If not, I guess that it is business as usual and anything dreamed up in that little room will work just fine and if people are happy the PPS will go up and all the bunnies and bunny enthusiasts will live happily ever after. Good story, good ending...........

What a mess!

[easton]

Disasterous short term maybe...long term the reduced share count is needed....quickest, cheapest, and easiest way is through the conversion.

The conversion way benefits long term holder vs flippers/short term holders which is what Ken wants anyways.

If the conversion does not happen, we will be having this same conversation in another however many months/years over reducing the share count. Might as well rip the band aid off now and move on so that we may be in a much better position in a years time.

The conversion(R/S) headline will potentially hurt no matter when you do it, so might as well do it now when no one is watching and get our ducks in a row before bringing on new eyes.

[zambono]

i'm with you, we can all agree to vote no to the merger into Graff