Signature Devices, Inc. (OTCMKTS:SDVI) Stock Soars 67%: Here is Why

Signature Devices, Inc. (OTCMKTS:SDVI) on September 22, 2021, announced the release of detailed information as well as financials on the Pubco Info website. This is in line with SEC rules for Alternate reporting companies with respect to 15c2-11 amendments happening on September 28th, 2021.

The website enables the firm to reveal profile information as well as posting financials for Q3 & Q4 2019, Q1-Q4 2020, and Q1-Q2 of 2021.

Signature Devices is looking to post complete quarterly data publicly on Pubco info website as well as financials will be posted by year.

The company also reacquired Graffiti Entertainment and made Roger Arias a part of the board of Directors.

A game industry veteran, Roger is CEO of Graffiti and will be running operations for building the game portfolio. The company has also got an investment of $50,000 for embedding AI Processing into the company’s games.

Signature also closed Innovo Technologies business as well as Nano 101 businesses as the businesses were unviable due to the pandemic. The firm will be focusing on embedded cryptocurrency space, which does not get impacted by a pandemic or other calamities in lockdowns.

Townsend the Interim CEO of Signature Devices, Charles Townsend said that the firm had decided on going to the basics and acquiring a stake in Graffiti Entertainment. He added that it will permit the firm to both to make games as well as a foray into the cryptocurrency space.

Market Reaction:

On Thursday, SDVI stock soared 67% at $0.0005 with more than 640.54 million shares, compared to its average volume of 81.03 million shares.

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