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Yes but you'll have seven.......
I do hope so !
Sorry for my stupid reply, I'm quite stressed of SAPX movement!
PDOS graph is very scary...
I do hope that SAPX will have a different story
Wll, I'm not a musician but I have the same "feeling" too, this is the reason for which I'm long on SAPX.
The only problem is : when could we expect something more ....?
Don't you think that who's selling these shares could make much more money when (if) the value will be higher ?
Or do they know that the value will not be higher so they sells the shares ?
I can't understand
I would suggest a new name for the company : Seven Hearts Entertainment !! (what shareholders need to have)
Even if today seems with no shake
I agree
Extracts from the letter :
Second, we continue our development of "Neuromancer" and "The Winter Queen," both larger budget films on which we expect to start production later this fiscal year. Both, if produced, should generate "pre-sales" or guaranteed revenues well in excess of the gross revenue reported for PLC's fiscal years ended June 30, 2010 and June 30, 2011.
I also would like to address the recent substantial decline in the Company's stock price. As of the market close on June 1, 2011, SAPX stock was trading at approximately $3.00 per share. Since then, we have witnessed a sharp decline from that level. Like you, I have been deeply concerned over this unwarranted shift in our stock valuation.
Management does not believe that this decrease in stock price is related to any specific adverse event regarding the Company, nor do we believe that it is representative of the Company's operations or financial condition, both of which have improved during this time. We have received reports from stockholders and others of "manipulation" or short-selling of our common stock in violation of applicable securities rules and regulations. We have contacted the relevant regulatory authorities on this matter.
Considering that is dated November 2001, I can't see any results or changes on SAPX stock trend
IMO
A huge gain but comparing the graphic of both with SAPX graph, you can see how SAPX on each up movement had a so quick fall down every time, other stocks had a good up movement with volume but doesn't come back at the lower level like SAPX is doing.
The volume is very important, all people know, but one day it go up on volume, the following goes down with the same volume or more....
This stock has too much manipulation
I don't find any useful informations on that link...
There is only the bad yesterday closing and a summary of what SAPX do
OK, it's an admission, this means that the share price will certainly remain under $1 ....
Try to suppose that each new shareholder has received from S-8 around 100K x $0,01 shares (we are talking of only $1000), they have about $.30 of gain x 100K is equal to $30K...... since yesterday !
Probably someone (creditors) has received 1 million of shares to compensate the debt.......that will be released on the market with obviously consequence.
This is one of the reasons for which I' m worried of what Peter do
The more the market is hyped, the more is the gain of the new shareolders.
Don't you think that the 90K or something of shares bought by Hoffman is like a call for birds ?
IMO
With this share all is possible but I haven't an optimistic vision of EOD today .
Probably it goes down also next days, testing the lowest again...and again..., it seems a yo-yo
Do you agree ?, also "shortly" is an individual opinion of the time.... Maybe he think in slow motion, so shortly could be next year
Your questions are my questions too, who knows...
I agree and I think that Hoffman should be more clear and honest giving the real informations when sure, but maybe I'm too ingenuous, the market is really full of experienced sharks, always ready to manipulate the share price trend.
IMO
Yes, but I also know that Neuromancer is a very difficult movie to transpose as happened for Johnny Mnemonic (and people will not remeber it for sure)
I'm not worried about the potential of the movie or SAPX as company, but I'm worried that Peter is doing a dirty work (also with S-8 Filling), if real we can only loose the game.
As posted yesterday I'm quite sure to sell on break even (maybe half position) as to reduce the risk that is, on my opinion, very high.
I didn't hear the interview but I red the messages posted on this forum about it.
"Major talent" it's an individual and personal opinion that could be misunderstood, for example I could think of an actor as "xx" (better no name) that is a major talent but the rest of people do not agree with me.
Don't forget that if an actor as Bruce Willis was attached to the project and it's not real, he should find an actor with the same popularity....otherwise it could be a great delusion.
IMO
Maybe, but the movement of SAPX is very stressful.
One question : if the news that we are all waiting and that everybody knows aren't so good (for example the unsatisfying cast of Neuromancer or at the worst case its abandonment?)
You told that all people knows, this is the problem, too expectable
Pheraps who really knows what will happens is creating this expectation for make believe that the share will go high and selling theirs when the people run to buy.
IMO
Thanks Risk on
Maybe you're right (I hpe so) but till now -6,56% and more than 730000 pcs.......
Thanks,what does it mean a GTC order ? I'm italian so my platform is for sure deeply different from yours.
I confirm that a sell order at $1 isn't possible......anyway it's important that someone like you can do that as to avoid the indiscriminate selling off of shorters
Sorry for my interference, I'm a rookie on this forum but I follow you everyday; it seems an interesting suggest, I tried to put a sell order at $1 but my trading platform doesn't accept it (too far from the real price).....
I think that the technical analysys on a stock could be made with no extra news (S-8 Filling, Neuromancer etc.), by the way on SAPX should be extremely difficult also in normal conditions.......but I'm not an expert on this way
IMO
Ok, making a comparison the unit share price specified on the S-8 Filling of YHOO, PRWT, DHT and YRCW because on Google's the price isn't specified.
It's quite strange : for YHOO and PRWT the price is very near to the real value of the stock, for DHT is so far from the real quotation as per SAPX.
Considering the date of issue of each Filling and the subsequent movement of the price on share after the filling doc. DHT fall down (issued in July when the share was 4$ and now is 1.12$), PRWT (issued in November and share was around 1$) it gone down at 0.8$ and now is 1$ again, YRCW (issued on end November around at 9$) it gone up at around 12$ after that, now is back at 9.97$, YHOO (issued on June when was around 15.5$) fall down around to 11.5$, now it's 15.73$ again; I'm so confused : people (employee or suppliers or maybe the mistress) could sell the shares as soon as possible making immediately great profit on it, and if done there will be a lot of dilution (new shares on market)and the price will fall down.
IMO
How do you think that Seven Arts's S-8 filling could be considered good for little investors as we are ? (same question to everyone on this forum)
Nothing appears on those links !!
We can only hope, as small investors, that Hoffman is doing well
Maybe tomorrow (or at least on next days) good news will be released
For sure something will happens.....
Have a good night (in Italy it's almost midnight)
Yes but this means that the operation could be not so good as we think !
The SEC’s Streamlined S-8 Securities Registration Scheme, Demystified
Without doubt, S-8 is a powerful tool: it empowers fully reporting companies to register shares quickly and easily–without automatic SEC examiner review. S-8 registration allows issuers to compensate employees and some outside consultants with registered shares in lieu of cash. Issuers and their management remain confused, however, by the types of services for which S-8 compensation can be issued. Actually, the SEC’s pronouncements on S-8-set forth in a recent Final Rule Release (see below for link)-are as clear as day.
The rest can be read on following link !! (very interesting)
http://www.gimmelaw.com/the-secs-streamlined-s-8-securities-registration-scheme-demystified" rel="nofollow" target="_blank" >http://www.gimmelaw.com/the-secs-streamlined-s-8-securities-registration-scheme-demystified
Thanks for answer, I actually think that a company (especially if quoted on a open market), should give informations when requested, otherwise it seems like they have something to hide (and have bad manners too).
I'm afraid, and I do hope to be wrong, that Hoffman paid the creditors with SAPX shares, but due to the low value they can't make enough money, so there is a pump and dump on the share price as to give the possibility to sell their shares and make money.
Obviously this means that the normal people always loose a lot of money on this game entering when the price run high, and doing what they want.
I'm in at .39, maybe on next run (if there will be), I'll sell my shares cause this game is too dangerous.
There is also the NASDAQ deadline of delisting..... and we are too far from the dollar land.
Graphically is very difficult to understand this share, we live every day on the hope of a news as Neuromancer cast or something similar but, be real, they are talking about this film since 4 years and at that time the cast isn't already choosen (how do they can start the film?)
I don't know if this company deserve our attention and hope.
Sorry for my english but I'm still (always) learning it.
Thanks again
Francesco
Hi, I'm an italian SAPX shareholder since last November, despite I do wish that the share price will get soon .50 or more, I'm a lot worried concerning the news read about what Hoffman has done in the past (source Los Angeles Times)
Has someone received an answer to the e-mails (or phone call) sent him ?
http://articles.latimes.com/keyword/peter-hoffman
Hi to everyone.
I'm italian and I'm just subscribed on investors hub.
I follow every day (as a SAPX little investor)your helpful and interesting discussions and technical analisys on that stock.
I'm in at .421 and waiting for some news that could pump up the value (absolutely need to gain).
At this moment it's .3871 but lower volume than past days; Could I hope for a better close today ? which is the most negative signal on it?
Sorry if my grammar isn't so good as I would....
Thanks
Francesco