Signature Devices, Inc (SDVI.PK) has recently been rated a ‘Speculative Buy’ by Beacon Equity Research. Additionally, a target price has been set at $.63 cents while the stock is currently trading at $.10.
Signature Devices, Inc. manufactures, develops and markets advanced information technologies. Such technologies include various computer systems, software, electronic, and network products. Signature’s goal is to create, develop, and publish interactive games for consoles and personal computers. In fact, SDVI has already developed software for the world’s top game publishers – Electronic Arts, Crytek, Expresso Fitness, and SNK Playmore, to name a few.
Furthermore, Signature Devices is also developing and publishing games for all of the leading consoles including Nintendo DS, Nintendo Wii, XBox 360, Playstation Portable (PSP), Playstation 3, and Sega Dreamcast. Rising demand concurrent with the introduction of new game consoles shows a significant opportunity within this rapidly growing market.
Because Signature Devices has plans to publish game titles that are already developed by other manufactures, the company can minimize initial capital costs and the time-to-market. Therefore, the company can quickly capitalize on industry growth opportunities. The company is poised to capitalize on such grow since it is already serving as a consultant for leading game publishers.
Let us hear your thoughts below: