Replies to post #49346 on Signature Devices Inc. (SDVI)

[markeddy998]

Taking the company private would require the shareholders to approve the proposed buyout. I don't see that happening at all at the current price and it's a worse case scenario at best.

You would see a R/S of the shares first IMO along with a drop of the GRAF shares and I am still not sure how shareholders will be reimbursed for the conversion gone awry if that were to happen.

It's all speculation at this point, I don't believe there has been a definitive signal telling shareholders to exit, that would come from a PR outlining a proposed buyout/tender offer along with reconciliation of the converted shares to GRAF.

[Saredi]

Thanks for stepping in with your views, whether folks agree with them or not the discourse is appreciated. My thoughts are with MarkEddy that without a buyout of shareholders, he wouldn't be able to make the transition. Though if SDVI is merged into GRAFF and GRAFF is currently a private company (if that's what the dividend shares represent in our accounts at the moment), then privatization will have occurred regardless. I would agree that his lack of communication is purposeful, though more for reasons of wanting to PR completed good news, rather than the previous PRs that spoke of deals still in progress that haven't panned out.

We're the secondary market for these shares and so if he's not in a diluting mood, keeping us in the dark until good news is available is not the worst plan. :)

Cheers,
Saredi