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FD2you

01/19/12 2:26 PM

#52518 RE: BeachBum #52516

Exactly. Now why can't Mart have done that by now? Oh, that's right he's not magic...I remember.

"After that, offer a free divi to Graffiti USA shareholders against a TSX or Frankfurt IPO to drive pps and create liquidity on foreign exchange."

Couldn't they just let us keep our current GRAFF dividends for some future use? I get giving back the converted SDVI shares as if they never happened, but what about the divi's? We don't want those back into SDVI...right?

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Fatboy46

01/19/12 2:42 PM

#52519 RE: BeachBum #52516

That of course would make Graff holders very happy, short term at best. That scenario doesn't help the SDVI share structure (best guess, some 300m to be re-instated) and infact would depreciate the value. It would also not favor the company’s cash flow and would make it necessary for a relatively outrageous reverse split. For a new company just starting up that could be excusable but not one with a number of years and failures under its belt. I'm not sure having a low overhead is going to create interest considering it also can suggest low asset value as well. We just have not been provided with the numbers via audits as promised a very long time ago. Any new financial statements won't support the company either regarding cash flow and or profits. So IMO, all that's left is a reboot and new start up company and likely once again, talk of a new name change under new share structure , at best.

Regards,
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Saredi

01/19/12 2:46 PM

#52521 RE: BeachBum #52516

I'm betting this is the approximate plan Mart has in mind. I could live with it, despite the unresolved O/S issue.

Cheers,
Saredi