Why should I? Do you know what went on today? I suppose you are an no-nothing. This isn't meant to "impress" you as you had asked of me. Ponder and have your own impression; that should be adequate.
Today 's volume 30,533,519 and a close of .0008, up from .0007 or up 14.29%. That is only part of what went on today. Less than 15 minutes before the close the volume was 21,348,619 UNCH @ .0007. Nasdaq charting will show you the daily activity. The vast majority of shares traded below .0008. I'd say about half of all the volume was at .0006. Nasdaq showing an after hours block trade 4:08:55 PM EST 8,784,900 .0006
Do you have anything intelligent to say?
SNWR whose last trade is .0066....whereas SAPX is .0014, I think this is the time for SAPX to go up at lease .0066....SAPX had an agreement for purchasing SNWR.
Sentiment: Strong Buy
LOS ANGELES, Oct. 31, 2013 /PRNewswire/ -- Seven Arts Entertainment Inc. (OTCQB: SAPX) ("Seven Arts" or the "Company") announced that its partnership with Tony Lytle Media Sales ("Tony Lytle") to manage Seven Arts' film library, resulted in a successful sales effort at MIPCOM, producing pending deals for the Seven Arts' library in Eastern Europe, Scandinavia and Japan, as well as securing a deal with MIG in Germany for four library motion pictures.
At the upcoming American Film Market, the Company will introduce a four-minute teaser reel for its upcoming production "Neuromancer", created by the renowned previsualization house The Third Floor, Inc. ("Third Floor").
CEO Kate Hoffman stated, "I am thrilled that Seven Arts' association with Tony Lytle has got off to such a great start and have every confidence in continued success going forward. We are also very excited by the Third Floor previsualization which we believe will progress the production of our film based on the legendary science fiction novel "Neuromancer"."
All kidding aside, somebody knows something. 19,433,679 volume today which is more than 1.9 billion accounting for the most recent 1 for 100 reverse split. Caution is required, no doubt. If you doubt that then do a search, Hoffman Arata NOLA. Several links from the main search page, the NOLA website find the headline
Movie producers renovating mansion for 'Hollywood South' accused of tax credit fraud. It goes into detail with history making an analysis of the fundamentals next to impossible.
As for the convoluted ownership entities, it's not unfathomable to orchestrate a structure whereby all entities are folded into the public company trading under the symbol SAPX. IMO, such a move explains the run on shares. But put that idea aside for now.
What surely matters is the revenue Fractured generates in the months ahead. Not to rule out years of future revenue either. I'll explain. Box office headlines of Transformers, Batman, etc. they get most peoples' attention. But take a movie such as Shawshank Redemption with its opening weekend, the film earned $727,000 from 33 theaters—an average of $22,040 per theater. It received a wide release on October 14, 1994, expanding to a total of 944 theaters to earn $2.4 million—an average of $2,545 per theater—finishing as the number 9 film of the weekend. The film left theaters in late November 1994, after 10 weeks with an approximate total gross of $16 million. (source: Wikipedia). Today, with home theater systems and streaming content, I don't see theater release revenue as the cash cow. From May 22, 2014 WSJ,
"Shawshank's" last 20 years offer a guided tour through the myriad and evolving revenue streams of the entertainment business. After grossing $28 million at the box office in North America and another $30 million overseas, it went on to the video rental market and by the end had made about $80 million in sales, Warner Bros' Mr. Baker said. Give "Fractured" time if you own SAPX.
criminal lies from ceo, all this togheter made sapx thw worst performance ever in us sotck market history
You're welcome. No doubt it's all about revenue. What I find inexplicable is how management has seemingly abandoned the music division. The promotion for Fractured appears completely absent. Those 2 aspects I attribute to Hoffman being ineffective directing this company. With her being removed from the CEO position,
Bjorklund, I expect, will prove to be an upgrade to the company's overall direction. Bjorklund took the position of Chairman of the Board at Sanwire last December. With a bio at Aero Networks, I suggest you read it. While there, if you care and have the time, check out Jim Bradley, Aero's CTO. Quite the background which includes, Bradley holds 9 US Patents on wireless and packet networking.
I found his background by visiting the Aero Networks website. I also learned that he was the former president of the North Texas Association of Air Force Academy Graduates, Inc., an official chapter of the United States Air Force Academy Association of Graduates.
New leadership by a man of noted military discipline may be what this company, by way of acquisition, needs.