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Magna Group certainly has an interest in "Fractured" which may have served as the catalyst for the deal.
Dig deeper Re: question #2 and your answer to it, " No evidence points to the affirmative." With today's merger/acquisition news review the 09/04 news from last year Re: Sanwire. Cut/paste follows,
Sanwire Corporation (OTCQB: SNWR) (“Sanwire” or the “Company”), a global provider of wireless communications services and data solutions is pleased to announce the Company has entered into a common stock purchase agreement for a $7,500,000 Equity Enhancement Program with Magna Group affiliate fund, Hanover Holdings I, LLC (“Magna”), headquartered in New York, NY.
The equity financing is being provided through Magna’s Equity Enhancement Program, a Magna Group proprietary product. The program allows, but does not obligate, the Company to issue and sell up to $7,500,000 worth of the Company’s common stock over a 36-month term following the effectiveness of a registration statement the Company has agreed to file with the Securities and Exchange Commission. The Company has filed an 8-K with the Securities and Exchange Commission further detailing the transaction.
(much more at that website)
with a bid/ask of .0008 .0009
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.
It would take an idiot to argue that I am in_spite_of_it_all. I expect the board idiot to try said idiotic tactic.
The issue today is cloudy_day_jane posts that in_spite_of_it_all went long COCO at 54 cents. First off does logic at all prevail in any of you out there? How would any poster know what, when or how someone opens a position? But I'll go with the lack of logic. in_spite_of_it_all bought at 54 cents or not. in_spite_of_it_all denies it and tells cloudy_day_jane that she can be proven wrong. cloudy_day_jane is unwilling to put cash to her claim. in_spite_of_it_all is willing to put cash up to prove that cloudy_day_jane is a liar. So children, play nice. All it would take is a three way call with cloudy_day_jane on the line to in_spite_of_it_all's broker.
cloudy_day_jane what say you? Are you a truth-teller, or a liar and a coward? Pssst. I already know.
To think is one thing. To know what a fool you are ben_dreaming is what matters.
The more expensive one was whey protein by Body Fortress, the other Laura Scudder's peanut butter. I find Safeway pricing to be very shopper UNFRIENDLY.