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Friday, 05/15/2015 12:41:16 PM

Friday, May 15, 2015 12:41:16 PM

Post# of 59241
From yesterday's (5/14/15) news...Huge Catalysts in play.


Rick Bjorklund, CEO and Chairman of Seven Arts, stated, We continue to explore ways to strengthen our balance sheet and increase shareholder value. Upon closing of this deal, Seven Arts balance sheet will improve in two ways; the removal of approximately $2,000,000 debt and the monetization of our movie library assets. Post closing, I plan on presenting to our management team and board members a proposal to declare a onetime special dividend to our shareholders. The dividend will be a portion of The Movie Studios Preferred Stock. The balance of the Preferred Stock will be monetized over time to fund our operation to accelerate our expanded business plan.