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Jason defrauded sucker shareholders with Liongate; in black&white...https://www.otcmarkets.com/otcapi/company/financial-report/406389/content. No where in the filing is Lionsgate even mentioned. It was Jason's bullshit all along. It isn't speculation. It is factual from the filing.
Uh oh, you're striking a nerve with shoon. I bet his eye is twitching reading this. The longer we wait for news the bigger this deal will be. Bring it!
I don't know. You seem to talk about him a lot. You don't know? Maybe ask your dad g sharp. I am sure he will oblige you after he leaves his cuck party.
hi-loaf doesn't have anything other than the same article she has posted up here 74 times. g sharp is one of these bashers. They are in a contest to see who hates the ceo the most. It is pretty comical.
Lionsgate has never verified and/or confirmed the "deal." with ASPX.
There isn't even a quote from anybody from Lionsgate confirming the deal in the press release like all press releases have when confirming a deal between two companies.
The Lionsgate deal also doesn't appear in any of ASPX'S financial statements.
The Lionsgate "deal" is also complete BS since it's also all predicated on SAPX being able to get a Form 10 (SEC registration statement) approved and it can't because of the missing audited financials from 2016 - 2019, which makes it SEC delinquent, in violation of FINRA Rule 6490 and because of that has a SEC restriction on any SAPX corporate actions (such as a merger) approval.
https://www.accesswire.com/851909/seven-arts-entertainment-inc-announces-multi-million-dollar-revenue-merger-and-up-list-developments
In addition to this preliminary Agreement, Seven Arts and representatives of Lionsgate have initiated discussions to further develop assets, with a particular focus on the burgeoning Atlanta, GA market, which has been home to Seven Arts since 2021. Currently, Lionsgate is undergoing a restructuring, with an emphasis on its Atlanta studios endeavors, which is expected to generate an additional trading symbol. The Company has agreed to withhold efforts to pursue joint news releases until such time that Lionsgate completes this transition.
LIONSGATE STUDIOS TO LAUNCH AS A SEPARATELY TRADED PUBLIC COMPANY (yahoo.com)
Pursuant to ongoing merger negotiations, which requires the Company to provide audited financial statements, management has determined it is in the best interest of Seven Arts and its shareholders to expedite these expectations and rapidly execute on its previously announced intent to up-list to full SEC reporting. To that end, the Company is actively working with its audit firm.
https://www.securitieslawyer101.com/2023/shell-hijacker-mark-miller-sentenced-to-one-year-in-prison/
Court documents show that Capitol Capital Corporation received several big chunks of stock in IGEX, then transferred the shares to Tiger Trout Capital LLC, a Puerto Rican entity controlled by Alan Masley. A bank statement from December 2019 provided in the lawsuit shows that Tiger Trout Capital LLC would then transfer money back to Capitol Capital Corporation, who, in turn, split the money between Mark Miller and Jason Black (Market Cap Concepts LLC). At the time, Jason Black was the CEO of IGEX, and none of the debt conversions were disclosed in any of the IGEX OTC filings.
Public records show that Capitol Capital Corporation has also been involved as a noteholder in at least three other public issuers that used Jason Black as the CEO, MedX Holdings Inc (MEDH), Cann American Corp (CNNA), and Seven Arts Entertainment, Inc (SAPX).
https://www.securitieslawyer101.com/2023/shell-hijacker-mark-miller-sentenced-to-one-year-in-prison/
Besides his hijacking antics, Miller has also faced some legal pressure in a separate civil suit filed against him in the United States District Court for the Northern District of Illinois by David Goulding, Howard Salamon, Robyn Goulding, and John O’Shea, regarding a company named Capitol Capital Corporation. According to the court documents, the individuals collaborated, together with Jason Black, to create a convertible debt Note in Indo Global Exchanges Pte Ltd (IGEX) in the name of Capitol Capital Corporation, using old existing debt and alleged “service fees”. The individuals then agreed to split the proceeds from the stock sales.
Court documents show that Capitol Capital Corporation received several big chunks of stock in IGEX, then transferred the shares to Tiger Trout Capital LLC, a Puerto Rican entity controlled by Alan Masley. A bank statement from December 2019 provided in the lawsuit shows that Tiger Trout Capital LLC would then transfer money back to Capitol Capital Corporation, who, in turn, split the money between Mark Miller and Jason Black (Market Cap Concepts LLC). At the time, Jason Black was the CEO of IGEX, and none of the debt conversions were disclosed in any of the IGEX OTC filings.
Public records show that Capitol Capital Corporation has also been involved as a noteholder in at least three other public issuers that used Jason Black as the CEO, MedX Holdings Inc (MEDH), Cann American Corp (CNNA), and Seven Arts Entertainment, Inc (SAPX).
CNNA recently appointed Jason Tucker, former CEO of LEAS, as its new CEO, giving it yet another connection to past Miller frauds. And according to SAPX OTC disclosures, on December 27, 2022, all the debt notes previously put in the name of Capitol Capital Corporation were transferred to an entity named Via Capital, represented in the SAPX filings by Jesus Cipriano, keeping the notes active despite Mark Miller’s various legal issues. Via Capital immediately started converting the debt into large chunks of free trading stock, including 150,000,000 shares on December 28, 2022, 150,000,000 shares on February 21, 2023, and 180,000,000 shares on March 6, 2023. SAPX has also begun to issue new debt notes to Via Capital.
Previously, in December 2020, Gary Kouletas (PAG Group LLC), who was another insider in LEAS and MEDH, was arrested and charged in a separate pump & dump scheme involving Global Resource Energy Inc (GBEN). That Indictment references an unnamed “Cooperating Witness” who is described as “a stock promoter and CEO of several public companies under federal investigation for securities fraud-related offenses but not yet charged.”
Share selling scam exposed (IGEX, MEDH, SAPX, CNNA)
Jason Black CNNA & SAPX CEO
Straight from the SEC website:
https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25469
Rahim Mohamed, Davies (Dave") Wong
SEC Charges 18 Defendants in International Scheme to Manipulate Stocks Using Hacked US Brokerage Accounts
Litigation Release No. 25469 / August 16, 2022
Securities and Exchange Commission v. Rahim Mohamed, Davies ("Dave") Wong, Glenn B. Laken, Richard C.S. Tang, Zoltan Nagy, Jeffrey D. Cox, Phillip G. Sewell, Breanne M. Wong, Christophe Merani, Anna Tang, Robert W. Seeley, Richard B. Smith, Christopher R. Smith, H.E. Capital SA, POP Holdings Ltd., Maximum Ventures Holdings LLC, Harmony Ridge Corp., and Avatele Group LLC, Defendants, and 9224-3708 Quebec, Inc., a/k/a Distributions Bano, and Jason Black, Relief Defendants, No. 1:22-cv-03252 (N.D. Ga. filed Aug. 15, 2022)
The Securities and Exchange Commission today charged 18 individuals and entities for their roles in a fraudulent scheme in which dozens of online retail brokerage accounts were hacked and improperly used to purchase microcap stocks to manipulate the price and trading volume of those stocks. Those charged include Rahim Mohamed of Alberta, Canada, who is alleged to have coordinated the hacking attacks, and several others in and outside the U.S. who allegedly benefited from or participated in the scheme.
According to the SEC's complaint, in late 2017 and early 2018, hackers accessed at least 31 U.S. retail brokerage accounts and used them to purchase the securities of Lotus Bio-Technology Development Corp. and Good Gaming, Inc. The unauthorized purchases allegedly enabled fraudsters, who already controlled large blocks of Lotus Bio-Tech and Good Gaming stock, to sell their holdings at artificially high prices and reap more than $1 million in illicit proceeds. According to the complaint, Davies Wong of British Columbia, Canada, and Glenn B. Laken of Illinois, respectively, controlled the majority of the Lotus Bio-Tech and Good Gaming stock that was sold while the hacking attacks were being carried out, and Mohamed coordinated with Davies Wong, Laken, and others to orchestrate the attacks. The complaint also alleges that Richard Tang of British Columbia, Canada, was involved with both the Lotus Bio-Tech and Good Gaming schemes.
The SEC's complaint charges violations of the antifraud and beneficial ownership reporting provisions of the Securities Act of 1933 ("Securities Act") and the Securities Exchange Act of 1934 ("Exchange Act"), and names two relief defendants who received proceeds from the hacks. More specifically, the complaint charges the following defendants with the following violations:
• Rahim Mohamed of Alberta, Canada, with directly violating, and aiding and abetting violations of, Section 17(a) of the Securities Act, and Sections 9(a) and 10(b) of the Exchange Act, and Rule 10b-5 thereunder;
• Davies Wong of British Columbia, Canada, Richard Tang of British Columbia, Canada, Zoltan Nagy of British Columbia, Canada, Anna Tang of British Columbia, Canada, and Breanne Wong of British Columbia, Canada and Panama, with directly violating, and aiding and abetting violations of, Section 17(a) of the Securities Act, and Section 10(b) of the Exchange Act, and Rule 10b-5 thereunder, and directly violating Sections 13(d) and 16(a) of the Exchange Act, and Rules 13d-1 and 16a-3 thereunder;
• Glenn B. Laken of Illinois, Jeffrey Cox of Alberta, Canada, Christophe Merani of Illinois, and Phillip Sewell of British Columbia, Canada, with directly violating, and aiding and abetting violations of, Section 17(a) of the Securities Act, and Section 10(b) of the Exchange Act, and Rule 10b-5 thereunder;
• Robert Seeley of the Dominican Republic, Christopher R. Smith of the Dominican Republic, Richard B. Smith of the Dominican Republic, Wyoming entity Harmony Ridge Corp., and Nevis entities H.E. Capital SA and POP Holdings Ltd., with aiding and abetting violations of Section 17(a) of the Securities Act, and Section 10(b) of the Exchange Act, and Rule 10b-5 thereunder;
• Wyoming entity Maximum Ventures Holdings LLC, with aiding and abetting violations of Section 17(a) of the Securities Act, and Section 10(b) of the Exchange Act, and Rule 10b-5 thereunder, and directly violating Sections 13(d) and 16(a) of the Exchange Act, and Rules 13d-1 and 16a-3 thereunder; and
• Wyoming entity Avatele Group LLC, with directly violating Sections 13(d) and 16(a) of the Exchange Act, and Rules 13d-1 and 16a-3 thereunder.
The SEC's complaint also names Quebec, Canada entity 9224-3708 Quebec Inc., a/k/a Distributions Bano, and Jason Black of California and/or Georgia, as relief defendants. The SEC seeks the return of ill-gotten gains plus interest, penalties, bars, and other equitable relief. The SEC's investigation is continuing.
The SEC's investigation has been conducted by Joshua Dickman and Lucy Graetz of the Atlanta Regional Office, Andrew McFall of the Washington, D.C. Office, and Patrick McCluskey of the Philadelphia Regional Office, with the assistance of Marlee Miller and Owen Granke of the SEC's Office of International Affairs. The case is being supervised by Acting Chief of the Crypto Assets and Cyber Unit Carolyn Welshhans, Market Abuse Unit Chief Joseph Sansone, Justin Jeffries and Natalie Brunson of the Atlanta Regional Office, and Amy Flaherty Hartman of the Chicago Regional Office. Robert Gordon and William Hicks of the Atlanta Regional Office will lead the SEC's litigation, supervised by M. Graham Loomis.
The SEC appreciates the assistance of the Financial Industry Regulatory Authority, the Alberta Securities Commission, the Australia Securities and Investments Commission, the British Columbia Securities Commission, the Calgary Police Service, the Cayman Islands Monetary Authority, the Dubai Financial Services Authority, the French Autoritƒ© des Marchƒ©s Financiers, the Hong Kong Securities and Futures Commission, the Mauritius Financial Services Commission, the Ontario Securities Commission, the Quebec Autoritƒ© des Marchƒ©s Financiers, the Royal Canadian Mounted Police, the Securities Commission of the Bahamas, the Sƒ»retƒ© du Quƒ©bec, the Superintendencia del Mercado de Valores de la Repƒºblica Dominicana, the Swiss Financial Market Supervisory Authority, and the United Kingdom Financial Conduct Authority.
To learn more about how to protect your online investment accounts from fraud, please visit the SEC's Office of Investor Education and Advocacy investor alerts webpage.
• SEC Complaint
Last Reviewed or Updated: May 31, 2023
We get it, you hate the ceo of sapx the most.
Sounds like SAPX is the second most shorted stock on the hub. 🎥
AI Opinion on $SAPX:
According to AI Claude $SAPX is going to be huge:
To connect the dots on SAPX with all the articles and tweets we could find about Lionsgate, Starz, screaming, eagle, etc
AI Claude's analysis is this.
Here are a few speculative ideas:
Merger or acquisition: Seven Arts Entertainment could be in talks with Lionsgate for a potential merger or acquisition. This would explain the delay in the PR, as such negotiations are often kept confidential until a deal is finalized. If Lionsgate is looking to expand its presence in Atlanta, acquiring or merging with Seven Arts Entertainment, which already has assets and operations in the area, could be a strategic move.
Joint venture or partnership: Lionsgate and Seven Arts Entertainment may be negotiating a joint venture or partnership to develop and produce content in Atlanta. This could involve combining their resources, expertise, and assets to create a stronger presence in the region. A joint venture or partnership could also benefit from Lionsgate's global distribution network and Seven Arts' local knowledge and connections.
Involvement in the Lionsgate Studios spinoff:
Although not directly mentioned, there's a possibility that Seven Arts Entertainment could be involved in the Lionsgate Studios spinoff. Lionsgate Studios will be a standalone entity focusing on content production, and Seven Arts' assets and expertise in Atlanta could be valuable to this new company. The delayed PR might be tied to the completion of the spinoff and Seven Arts' potential role in it.
Expansion of Seven Arts Entertainment: The discussions with Lionsgate and the delayed PR could be related to a significant expansion of Seven Arts Entertainment's operations in Atlanta, possibly with investment or support from Lionsgate. This could involve acquiring new assets, building new facilities, or launching new projects, which would require time to finalize and announce.
Content licensing deal: Seven Arts Entertainment and Lionsgate could be negotiating a content licensing agreement, where Seven Arts would produce content exclusively for Lionsgate's distribution channels. This could include movies, TV shows, or other entertainment properties. The delay in the PR might be due to the complexities of working out the terms of such a deal, including content budgets, creative control, and revenue sharing.
Intellectual property (IP) acquisition: Lionsgate might be interested in acquiring certain intellectual properties or franchises owned by Seven Arts Entertainment. This could include existing content libraries, characters, or story universes that Lionsgate sees potential in developing further. The negotiations around such an IP acquisition could be causing the delay in the PR.
Atlanta studio infrastructure: Seven Arts Entertainment might be working with Lionsgate to develop or enhance studio infrastructure in Atlanta. This could involve building new soundstages, production facilities, or post-production houses to support Lionsgate's increased focus on the Atlanta market. The delayed PR could be related to finalizing plans or securing necessary permits and approvals for such infrastructure projects.
Talent development initiative: Lionsgate and Seven Arts Entertainment may be collaborating on a talent development program based in Atlanta. This could involve identifying, training, and promoting local talent in various aspects of film and TV production. The PR delay might be due to the time needed to structure and launch such an initiative.
Virtual production partnership: With the increasing adoption of virtual production techniques in the entertainment industry, Lionsgate and Seven Arts Entertainment could be exploring a partnership focused on this area. They may be working on establishing a virtual production facility or developing expertise in this field, which could be attractive for Lionsgate's future projects.
Considering all the information provided, including the tweets, articles, press releases, and the 8-K document,
here are the top 3 most likely outcomes:
Acquisition of Seven Arts Entertainment by Lionsgate Studios:
The 8-K document reveals that Lionsgate's business acquisitions team is reviewing Seven Arts Entertainment's film and studio assets in Atlanta. This, combined with the information about Lionsgate's restructuring efforts in Atlanta and the Lionsgate Studios spinoff, suggests that Lionsgate is strongly considering acquiring Seven Arts Entertainment. This acquisition could be a strategic move to expand Lionsgate's presence in Atlanta and gain access to Seven Arts' assets, IP, and expertise.
The delayed PR from Seven Arts Entertainment could be related to the ongoing negotiations and due diligence process for this potential acquisition.
Long-term content distribution deal between Seven Arts Entertainment and Starz:
The amended Output Agreement between Seven Arts Entertainment and Starz, granting Starz exclusive distribution rights to two of Seven Arts' filmed assets through 2034, indicates a significant long-term content distribution partnership. This deal could be a key component of the overall relationship between Seven Arts Entertainment and Lionsgate, ensuring a steady stream of content for Starz's platform while providing Seven Arts with a reliable distribution channel and potential funding for future projects.
Collaboration on content production and studio infrastructure in Atlanta:
Given the focus on Atlanta in the various documents, it seems likely that Seven Arts Entertainment and Lionsgate will collaborate on content production and studio infrastructure in the region. This could involve co-producing films and TV shows, sharing facilities and resources, and jointly investing in new studio space or production capabilities. The potential acquisition of Seven Arts Entertainment by Lionsgate could further facilitate this collaboration, creating a unified entity with a strong presence in Atlanta's entertainment industry.
These outcomes could be interconnected and happen simultaneously.
For example, Lionsgate could acquire Seven Arts Entertainment, securing the long-term content distribution deal with Starz, and then leverage the combined assets and expertise to expand their content production and studio infrastructure in Atlanta.
Other potential outcomes, such as a strategic partnership or joint venture between Seven Arts Entertainment and Lionsgate Studios, or content licensing deals with Starz, could still occur in parallel or as part of the larger relationship between the companies.
The exact nature and timing of these outcomes will depend on the ongoing negotiations, regulatory approvals, and strategic priorities of the companies involved. As mentioned in the 8-K, further details are expected to be provided in upcoming press releases, which should offer more clarity on the future of Seven Arts Entertainment and its relationship with Lionsgate and Starz.
Schwab has zero shares to borrow, "NTB"= Non To Borrow
Recent high volumes days were nearly 100% shorted
Last rally had massive FTDs and Short interest this year
There is huge massive bid wall at the lows..
Does not take a genius to figure it out (but it does make it easier, ( LOL )
AI
