Signature Devices Inc. (OTCMKTS:SDVI) Stock Suddenly Moves Up 67%: What Next?

Signature Devices Inc. (OTCMKTS:SDVI) stock was one of the biggest gainers in Thursday’s trading session with a jump of over 65%. Will the stock continue to move up?

Market Action

In the previous trading session, SDVI soared 67% to $0.0005. A total of 640.54 million shares traded for the session hands, above its average volume of 81.03 million shares. The stock opened at $0.0005 and moved in a range of $0.0005 – 0.0008.

Key Trigger

Signature Devices, Inc Announces the Public Disclosure of Its Financial Data and Other Company Changes

Signature Devices, Inc. announced the release of its financials and detailed information about the company on the Pubco Info website in accordance with SEC rules for Alternate reporting companies with respect to the 15c2-11 amendments taking place on September 28th, 2021.

The Pubco Info website allows the company to disclose profile information and the company has posted Financials for Q3 & Q4 2019, Q1-Q4 2020, and Q1-Q2 of 2021. The company plans on posting all quarterly data publicly on the Pubco info website and the financials are posted by year in the document

Signature Devices has also reacquired Graffiti Entertainment and elected Roger Arias to the board of Directors. Roger, a game industry veteran, is the CEO of Graffiti and will run operations to build out the portfolio of games. Graffiti Entertainment has also received an investment of $50,000 into the company to embed AI Processing into the company’s games.

Key Quote:

“The company has decided to go back to its roots and acquired a majority interest in Graffiti Entertainment,” said Charles Townsend the Interim CEO of Signature Devices, Inc. “Graffiti Entertainment will allow the company to not only start making games again but to enter into the cryptocurrency space both with embedded A.I. processing and in the Non-Fungible Tokens (NFT) gaming space”.