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I wish someone would resurrect this company to make it the powerhouse of the world like they did for Apple. Maybe it's just timing.
No pun intended to anyone. I've been following this stock on & off. It hurts to see some of the remarks made here when I recall better days.
I agree with your theory on speculation. Much has come to that in the markets today. What amazes me is how theory turns into belief at times & belief turns into action & great results are achieved.
I guess one could say that's speculating as well but I think it narrows down to people believing in a company or organization. How can you distinguish the difference between speculation & belief? It's as if they're one in the same sometimes. I guess it's just a matter of preference.
It bothers me to see how much of the positive sentiment is at question here. And you have NO idea how much it bothers me. The fact we are at the dawn of a new technological revolution & the lack of understanding for its necessity leaves one speechless. I believe growth to be in the tech & communications industries as we are seeing a large demand globally. All opinions are my own so do your own DD. GLTA
lol saw that too. The stress is building up so it seems. Never seen that b4 under normal conditions which it was. Hmmmm
I've read some of your posts & the sentiment about you here Arthur. The financials may not be great as we speak but considering the market, PVSP is bound for success. Android sales are 800,000 a day? The fact the company doesn't give up makes me believe there are greater things outlined for the near future.
I feel a bounce coming here. The Mobile app telecos have just started.
Appreciate your honest opinion & DD here Garyst. I'm still holding some shares but thinking about letting this one go. I've been out of the loop a bit and haven't followed this one closely the way I should've. Maybe things could be for the best here, so I'm staying optimistic for the healthcare industry regardless of any outcome.
You bet bro! Idk what to do with all this $$$$ Weeeeeeeeeee
Agreed. If anyone wants a real education they should just tune in to the show.
Weeeeeeeeeeee. Go PVSP!!!
Shout out to STT. Best radio show out there
Board marked
Agreed. I think ATRN is undervalued.
Sure looks that way doesn't it?
I guess some had a misconception there was oodles of money only to realize that wasn't the case. Seems like that's they're in this mess.
Mood is changing here?
And who would've thought that such a small investment for its startup would be worth a cool billion. I wonder how much the initial investors are worth from this deal now.
1.74
Seems like we're both looking for the same answer. Smoke em' all
Not sure I agree to that sorry, couldn't help but notice this post.
Is this upgrade better than ever?
The more DD on this the more prosperous it seems.
I've been keeping an eye on this as of late. Given what's happening with mobile, a company like this is sure destined for growth.
Interesting enough, if Google feels pressured by competition they usually end up buying them.
Could be the next YouTube
I like their site. Nice concept.
Hey'all. Nice board you got here. Following.
SAPX - Now is your chance to get it if you haven't
Seven Arts Entertainment, Inc. (NASDAQ: SAPX) is by and large an unheard-of company to most investors which do not dabble in the world of micro-cap stocks. It is a penny stock involved in media, it has a micro-cap status (of under $10 million), and it whips around wildly on news. Shares of Seven Arts are higher by over 5% to $0.49 today on news that it has executed a definitive agreement with David Michery to acquire his music assets, and these assets include recording agreements with several artists including two completed albums with multi-platinum artist DMX.
The company noted that “Undisputed,” the first of these two completed DMX albums noted above, will now be released during the second quarter of 2012 through a division of Universal Music.
To show how volatile the shares of Seven Arts Entertainment have been, the 52-week range is $0.06 to $5.75. The company intends to remain on the Nasdaq by bringing the greatest shareholder value in the immediate future.
SAPX - Latest Update
Seven Arts Entertainment, Inc. (NASDAQ: SAPX) is by and large an unheard-of company to most investors which do not dabble in the world of micro-cap stocks. It is a penny stock involved in media, it has a micro-cap status (of under $10 million), and it whips around wildly on news. Shares of Seven Arts are higher by over 5% to $0.49 today on news that it has executed a definitive agreement with David Michery to acquire his music assets, and these assets include recording agreements with several artists including two completed albums with multi-platinum artist DMX.
The company noted that “Undisputed,” the first of these two completed DMX albums noted above, will now be released during the second quarter of 2012 through a division of Universal Music.
To show how volatile the shares of Seven Arts Entertainment have been, the 52-week range is $0.06 to $5.75. The company intends to remain on the Nasdaq by bringing the greatest shareholder value in the immediate future.
SAPX - Headed much higher
Click Here for SAPX board
Seven Arts Entertainment Inc. (NASDAQ:SAPX) stock continued to provide opportunities for savvy investors to take advantage of their volatile market on Monday after its shares posted a neat 10.29 percent increase on the day. No news relating to the company was released and yet activity in the stock soared. The stock traded 4.5 times its 3 month average volume with 6.6 million shares passing through its market during Monday’s trading session.
Seven Arts Entertainment Inc. operates as an independent motion picture production and distribution company. It engages in the development, acquisition, financing, production, and licensing of theatrical motion pictures for exhibition in theatrical markets worldwide. The company also provides its motion pictures in other forms of media, including DVD, home video, pay-per-view, and free television.
The company’s vulnerable stock which has a 52 week range of 6 cents to $5.75 per share last had a run back in July when its stock price jumped from $1.16 per share to $4.49 per share in the matter of 4 days. That rally came as its second quarter report approached.
Seven Arts Entertainment Inc. (NASDAQ:SAPX) NEW UPDATE
Click Here for SAPX board
Seven Arts Entertainment Inc. (NASDAQ:SAPX) stock continued to provide opportunities for savvy investors to take advantage of their volatile market on Monday after its shares posted a neat 10.29 percent increase on the day. No news relating to the company was released and yet activity in the stock soared. The stock traded 4.5 times its 3 month average volume with 6.6 million shares passing through its market during Monday’s trading session.
Seven Arts Entertainment Inc. operates as an independent motion picture production and distribution company. It engages in the development, acquisition, financing, production, and licensing of theatrical motion pictures for exhibition in theatrical markets worldwide. The company also provides its motion pictures in other forms of media, including DVD, home video, pay-per-view, and free television.
The company’s vulnerable stock which has a 52 week range of 6 cents to $5.75 per share last had a run back in July when its stock price jumped from $1.16 per share to $4.49 per share in the matter of 4 days. That rally came as its second quarter report approached.
Seven Arts Entertainment Inc. (NASDAQ:SAPX) UPDATE
Click Here for SAPX board
Seven Arts Entertainment Inc. (NASDAQ:SAPX) stock continued to provide opportunities for savvy investors to take advantage of their volatile market on Monday after its shares posted a neat 10.29 percent increase on the day. No news relating to the company was released and yet activity in the stock soared. The stock traded 4.5 times its 3 month average volume with 6.6 million shares passing through its market during Monday’s trading session.
Seven Arts Entertainment Inc. operates as an independent motion picture production and distribution company. It engages in the development, acquisition, financing, production, and licensing of theatrical motion pictures for exhibition in theatrical markets worldwide. The company also provides its motion pictures in other forms of media, including DVD, home video, pay-per-view, and free television.
The company’s vulnerable stock which has a 52 week range of 6 cents to $5.75 per share last had a run back in July when its stock price jumped from $1.16 per share to $4.49 per share in the matter of 4 days. That rally came as its second quarter report approached.
SAPX - Read this Report
Click Here for SAPX board
Check it out: http://finance.yahoo.com/news/Seven-Arts-Announces-iw-3127187613.html?x=0
SAPX announced that they executed a definitive agreement with David Michery to acquire his music assets. Mr. Michery is a music industry veteran with an extensive track record of accomplishments. The acquired Michery assets are comprised of recording agreements with several artists, including two completed albums with multi-platinum artist DMX. Seven Arts also announced that "Undisputed," the first of these two completed DMX albums, is scheduled to be released in the United States in the second quarter of 2012 through Fontana Distribution, a division of Universal Music Group. The terms of the acquisition were not disclosed.
DMX's last four albums, which were released between seven and twelve years ago, earned gross revenues averaging more than $35 million per album in the United States, according to SoundScan. DMX is the only artist in the history of The Billboard 200 to reach No. 1 with his first five albums.
It looks like there is still some resistance at $0.54 but if we can break through then like we said in our first alert we think we can see the next leg up on the chart.
Take a look at the chart:
The stock's RSI and MACD indicators are entering into the power zone which lead us to believe the run is potentially just getting started.
Barchart.com just gave SAPX its HIGHEST BUY RATING!
Check it out for yourself: http://barchart.com/quotes/stocks/SAPX
Now that the technicals confirm a short-term breakout we are seeing the word spread fast and many traders are starting to take notice. Remember, the last time the stock started to catch momentum like this it exploded to over $5 per share!! That's insane! Obviously this stock has a big following.
SAPX is an independent motion picture production company engaged in developing, financing, producing and licensing theatrical motion pictures with budgets in the range of $2 million to $60 million for exhibition in domestic (i.e. the United States and Canada) and foreign theatrical markets and for subsequent post-theatrical worldwide release in other forms of media, including DVD, home video, pay-per-view, and free television.
Some of the biggest movies to hit the big screen were ones made on a very low budget.
My Big Fat Greek Wedding`s production budget was $5 million yet brought in over $350 million worldwide!!
The movie Rocky was made on a budget of about $1 million and made over $225 million. It even won three Oscars including Best Picture!
Halloween was produced on a budget of $320,000 and ended up grossing $47 million in the US, with a worldwide gross of $60 million.
Napoleon Dynamite cost less than $400,000 to make but its gross revenue was almost $50 million.
The Blair Witch Project had a budget of $35,000 and made $284 mil worldwide!
Even the most recent Paranormal Activity was made on a measly $15,000 and ended up grossing domestically over $107 MM!
The proof is in the pudding and there is no doubt that it could be done again. It's only a matter of time and who will be the lucky company that hits.
Go to : www.7artspictures.com/ and you can see some of the movies that SAPX has made to start to position themselves for that potential hit.
These are the movies currently in production: http://www.7artspictures.com/films/index/in-production
As you can see, SAPX has a lot of movies in the pipe and this industry is recession proof!
Not many people realize but even during the worst recessions people go to the movies. In fact, last year was a record year for the industry!
Peter Hoffman of Seven Arts and Michael Ryan of GFM negotiated the terms with Manu Kumaran of Medient for acquisition of worldwide rights to Nick Cassavetes' new feature "Yellow." The film has completed shooting and will be ready for release this spring of 2012!
In the tradition of Cassavetes' previous festival favorites, "Alpha Dog" and "She's So Lovely," "Yellow" is a dark comedy about a young woman who comes to terms with her family's shadowed past. The ensemble cast features Sienna Miller, Melanie Griffith, Gena Rowlands, Ray Liotta and a breakout performance by Heather Wahlquist. Seven Arts and GFM expect the film to premiere at a major film festival next year.
This is a HUGE catalyst for the stock and could be the hit movie that SAPX is looking for!
Keep SAPX on your radar for a potential explosive breakout for the short-term and as always protect your investments! Never invest what you can not afford to lose.
SAPX - DD & report update
Check it out: http://finance.yahoo.com/news/Seven-Arts-Announces-iw-3127187613.html?x=0
SAPX announced that they executed a definitive agreement with David Michery to acquire his music assets. Mr. Michery is a music industry veteran with an extensive track record of accomplishments. The acquired Michery assets are comprised of recording agreements with several artists, including two completed albums with multi-platinum artist DMX. Seven Arts also announced that "Undisputed," the first of these two completed DMX albums, is scheduled to be released in the United States in the second quarter of 2012 through Fontana Distribution, a division of Universal Music Group. The terms of the acquisition were not disclosed.
DMX's last four albums, which were released between seven and twelve years ago, earned gross revenues averaging more than $35 million per album in the United States, according to SoundScan. DMX is the only artist in the history of The Billboard 200 to reach No. 1 with his first five albums.
It looks like there is still some resistance at $0.54 but if we can break through then like we said in our first alert we think we can see the next leg up on the chart.
Take a look at the chart:
The stock's RSI and MACD indicators are entering into the power zone which lead us to believe the run is potentially just getting started.
Barchart.com just gave SAPX its HIGHEST BUY RATING!
Check it out for yourself: http://barchart.com/quotes/stocks/SAPX
Now that the technicals confirm a short-term breakout we are seeing the word spread fast and many traders are starting to take notice. Remember, the last time the stock started to catch momentum like this it exploded to over $5 per share!! That's insane! Obviously this stock has a big following.
SAPX is an independent motion picture production company engaged in developing, financing, producing and licensing theatrical motion pictures with budgets in the range of $2 million to $60 million for exhibition in domestic (i.e. the United States and Canada) and foreign theatrical markets and for subsequent post-theatrical worldwide release in other forms of media, including DVD, home video, pay-per-view, and free television.
Some of the biggest movies to hit the big screen were ones made on a very low budget.
My Big Fat Greek Wedding`s production budget was $5 million yet brought in over $350 million worldwide!!
The movie Rocky was made on a budget of about $1 million and made over $225 million. It even won three Oscars including Best Picture!
Halloween was produced on a budget of $320,000 and ended up grossing $47 million in the US, with a worldwide gross of $60 million.
Napoleon Dynamite cost less than $400,000 to make but its gross revenue was almost $50 million.
The Blair Witch Project had a budget of $35,000 and made $284 mil worldwide!
Even the most recent Paranormal Activity was made on a measly $15,000 and ended up grossing domestically over $107 MM!
The proof is in the pudding and there is no doubt that it could be done again. It's only a matter of time and who will be the lucky company that hits.
Go to : www.7artspictures.com/ and you can see some of the movies that SAPX has made to start to position themselves for that potential hit.
These are the movies currently in production: http://www.7artspictures.com/films/index/in-production
As you can see, SAPX has a lot of movies in the pipe and this industry is recession proof!
Not many people realize but even during the worst recessions people go to the movies. In fact, last year was a record year for the industry!
Peter Hoffman of Seven Arts and Michael Ryan of GFM negotiated the terms with Manu Kumaran of Medient for acquisition of worldwide rights to Nick Cassavetes' new feature "Yellow." The film has completed shooting and will be ready for release this spring of 2012!
In the tradition of Cassavetes' previous festival favorites, "Alpha Dog" and "She's So Lovely," "Yellow" is a dark comedy about a young woman who comes to terms with her family's shadowed past. The ensemble cast features Sienna Miller, Melanie Griffith, Gena Rowlands, Ray Liotta and a breakout performance by Heather Wahlquist. Seven Arts and GFM expect the film to premiere at a major film festival next year.
This is a HUGE catalyst for the stock and could be the hit movie that SAPX is looking for!
Keep SAPX on your radar for a potential explosive breakout for the short-term and as always protect your investments! Never invest what you can not afford to lose.
SAPX - News Update - Report & DD
Check it out: http://finance.yahoo.com/news/Seven-Arts-Announces-iw-3127187613.html?x=0
SAPX announced that they executed a definitive agreement with David Michery to acquire his music assets. Mr. Michery is a music industry veteran with an extensive track record of accomplishments. The acquired Michery assets are comprised of recording agreements with several artists, including two completed albums with multi-platinum artist DMX. Seven Arts also announced that "Undisputed," the first of these two completed DMX albums, is scheduled to be released in the United States in the second quarter of 2012 through Fontana Distribution, a division of Universal Music Group. The terms of the acquisition were not disclosed.
DMX's last four albums, which were released between seven and twelve years ago, earned gross revenues averaging more than $35 million per album in the United States, according to SoundScan. DMX is the only artist in the history of The Billboard 200 to reach No. 1 with his first five albums.
It looks like there is still some resistance at $0.54 but if we can break through then like we said in our first alert we think we can see the next leg up on the chart.
Take a look at the chart:
The stock's RSI and MACD indicators are entering into the power zone which lead us to believe the run is potentially just getting started.
Barchart.com just gave SAPX its HIGHEST BUY RATING!
Check it out for yourself: http://barchart.com/quotes/stocks/SAPX
Now that the technicals confirm a short-term breakout we are seeing the word spread fast and many traders are starting to take notice. Remember, the last time the stock started to catch momentum like this it exploded to over $5 per share!! That's insane! Obviously this stock has a big following.
SAPX is an independent motion picture production company engaged in developing, financing, producing and licensing theatrical motion pictures with budgets in the range of $2 million to $60 million for exhibition in domestic (i.e. the United States and Canada) and foreign theatrical markets and for subsequent post-theatrical worldwide release in other forms of media, including DVD, home video, pay-per-view, and free television.
Some of the biggest movies to hit the big screen were ones made on a very low budget.
My Big Fat Greek Wedding`s production budget was $5 million yet brought in over $350 million worldwide!!
The movie Rocky was made on a budget of about $1 million and made over $225 million. It even won three Oscars including Best Picture!
Halloween was produced on a budget of $320,000 and ended up grossing $47 million in the US, with a worldwide gross of $60 million.
Napoleon Dynamite cost less than $400,000 to make but its gross revenue was almost $50 million.
The Blair Witch Project had a budget of $35,000 and made $284 mil worldwide!
Even the most recent Paranormal Activity was made on a measly $15,000 and ended up grossing domestically over $107 MM!
The proof is in the pudding and there is no doubt that it could be done again. It's only a matter of time and who will be the lucky company that hits.
Go to : www.7artspictures.com/ and you can see some of the movies that SAPX has made to start to position themselves for that potential hit.
These are the movies currently in production: http://www.7artspictures.com/films/index/in-production
As you can see, SAPX has a lot of movies in the pipe and this industry is recession proof!
Not many people realize but even during the worst recessions people go to the movies. In fact, last year was a record year for the industry!
Peter Hoffman of Seven Arts and Michael Ryan of GFM negotiated the terms with Manu Kumaran of Medient for acquisition of worldwide rights to Nick Cassavetes' new feature "Yellow." The film has completed shooting and will be ready for release this spring of 2012!
In the tradition of Cassavetes' previous festival favorites, "Alpha Dog" and "She's So Lovely," "Yellow" is a dark comedy about a young woman who comes to terms with her family's shadowed past. The ensemble cast features Sienna Miller, Melanie Griffith, Gena Rowlands, Ray Liotta and a breakout performance by Heather Wahlquist. Seven Arts and GFM expect the film to premiere at a major film festival next year.
This is a HUGE catalyst for the stock and could be the hit movie that SAPX is looking for!
Keep SAPX on your radar for a potential explosive breakout for the short-term and as always protect your investments! Never invest what you can not afford to lose.
SAPX - Report
Check it out: http://finance.yahoo.com/news/Seven-Arts-Announces-iw-3127187613.html?x=0
SAPX announced that they executed a definitive agreement with David Michery to acquire his music assets. Mr. Michery is a music industry veteran with an extensive track record of accomplishments. The acquired Michery assets are comprised of recording agreements with several artists, including two completed albums with multi-platinum artist DMX. Seven Arts also announced that "Undisputed," the first of these two completed DMX albums, is scheduled to be released in the United States in the second quarter of 2012 through Fontana Distribution, a division of Universal Music Group. The terms of the acquisition were not disclosed.
DMX's last four albums, which were released between seven and twelve years ago, earned gross revenues averaging more than $35 million per album in the United States, according to SoundScan. DMX is the only artist in the history of The Billboard 200 to reach No. 1 with his first five albums.
It looks like there is still some resistance at $0.54 but if we can break through then like we said in our first alert we think we can see the next leg up on the chart.
Take a look at the chart:
The stock's RSI and MACD indicators are entering into the power zone which lead us to believe the run is potentially just getting started.
Barchart.com just gave SAPX its HIGHEST BUY RATING!
Check it out for yourself: http://barchart.com/quotes/stocks/SAPX
Now that the technicals confirm a short-term breakout we are seeing the word spread fast and many traders are starting to take notice. Remember, the last time the stock started to catch momentum like this it exploded to over $5 per share!! That's insane! Obviously this stock has a big following.
SAPX is an independent motion picture production company engaged in developing, financing, producing and licensing theatrical motion pictures with budgets in the range of $2 million to $60 million for exhibition in domestic (i.e. the United States and Canada) and foreign theatrical markets and for subsequent post-theatrical worldwide release in other forms of media, including DVD, home video, pay-per-view, and free television.
Some of the biggest movies to hit the big screen were ones made on a very low budget.
My Big Fat Greek Wedding`s production budget was $5 million yet brought in over $350 million worldwide!!
The movie Rocky was made on a budget of about $1 million and made over $225 million. It even won three Oscars including Best Picture!
Halloween was produced on a budget of $320,000 and ended up grossing $47 million in the US, with a worldwide gross of $60 million.
Napoleon Dynamite cost less than $400,000 to make but its gross revenue was almost $50 million.
The Blair Witch Project had a budget of $35,000 and made $284 mil worldwide!
Even the most recent Paranormal Activity was made on a measly $15,000 and ended up grossing domestically over $107 MM!
The proof is in the pudding and there is no doubt that it could be done again. It's only a matter of time and who will be the lucky company that hits.
Go to : www.7artspictures.com/ and you can see some of the movies that SAPX has made to start to position themselves for that potential hit.
These are the movies currently in production: http://www.7artspictures.com/films/index/in-production
As you can see, SAPX has a lot of movies in the pipe and this industry is recession proof!
Not many people realize but even during the worst recessions people go to the movies. In fact, last year was a record year for the industry!
Peter Hoffman of Seven Arts and Michael Ryan of GFM negotiated the terms with Manu Kumaran of Medient for acquisition of worldwide rights to Nick Cassavetes' new feature "Yellow." The film has completed shooting and will be ready for release this spring of 2012!
In the tradition of Cassavetes' previous festival favorites, "Alpha Dog" and "She's So Lovely," "Yellow" is a dark comedy about a young woman who comes to terms with her family's shadowed past. The ensemble cast features Sienna Miller, Melanie Griffith, Gena Rowlands, Ray Liotta and a breakout performance by Heather Wahlquist. Seven Arts and GFM expect the film to premiere at a major film festival next year.
This is a HUGE catalyst for the stock and could be the hit movie that SAPX is looking for!
Keep SAPX on your radar for a potential explosive breakout for the short-term and as always protect your investments! Never invest what you can not afford to lose.
SAPX - See Report & latest DD
SAPX is currently up 16% to $0.54 on massive volume and news just hit the wires at 10:15 AM. Check it out: http://finance.yahoo.com/news/Seven-Arts-Announces-iw-3127187613.html?x=0
SAPX announced that they executed a definitive agreement with David Michery to acquire his music assets. Mr. Michery is a music industry veteran with an extensive track record of accomplishments. The acquired Michery assets are comprised of recording agreements with several artists, including two completed albums with multi-platinum artist DMX. Seven Arts also announced that "Undisputed," the first of these two completed DMX albums, is scheduled to be released in the United States in the second quarter of 2012 through Fontana Distribution, a division of Universal Music Group. The terms of the acquisition were not disclosed.
DMX's last four albums, which were released between seven and twelve years ago, earned gross revenues averaging more than $35 million per album in the United States, according to SoundScan. DMX is the only artist in the history of The Billboard 200 to reach No. 1 with his first five albums.
It looks like there is still some resistance at $0.54 but if we can break through then like we said in our first alert we think we can see the next leg up on the chart.
Take a look at the chart:
The stock's RSI and MACD indicators are entering into the power zone which lead us to believe the run is potentially just getting started.
Barchart.com just gave SAPX its HIGHEST BUY RATING!
Check it out for yourself: http://barchart.com/quotes/stocks/SAPX
Now that the technicals confirm a short-term breakout we are seeing the word spread fast and many traders are starting to take notice. Remember, the last time the stock started to catch momentum like this it exploded to over $5 per share!! That's insane! Obviously this stock has a big following.
SAPX is an independent motion picture production company engaged in developing, financing, producing and licensing theatrical motion pictures with budgets in the range of $2 million to $60 million for exhibition in domestic (i.e. the United States and Canada) and foreign theatrical markets and for subsequent post-theatrical worldwide release in other forms of media, including DVD, home video, pay-per-view, and free television.
Some of the biggest movies to hit the big screen were ones made on a very low budget.
My Big Fat Greek Wedding`s production budget was $5 million yet brought in over $350 million worldwide!!
The movie Rocky was made on a budget of about $1 million and made over $225 million. It even won three Oscars including Best Picture!
Halloween was produced on a budget of $320,000 and ended up grossing $47 million in the US, with a worldwide gross of $60 million.
Napoleon Dynamite cost less than $400,000 to make but its gross revenue was almost $50 million.
The Blair Witch Project had a budget of $35,000 and made $284 mil worldwide!
Even the most recent Paranormal Activity was made on a measly $15,000 and ended up grossing domestically over $107 MM!
The proof is in the pudding and there is no doubt that it could be done again. It's only a matter of time and who will be the lucky company that hits.
Go to : www.7artspictures.com/ and you can see some of the movies that SAPX has made to start to position themselves for that potential hit.
These are the movies currently in production: http://www.7artspictures.com/films/index/in-production
As you can see, SAPX has a lot of movies in the pipe and this industry is recession proof!
Not many people realize but even during the worst recessions people go to the movies. In fact, last year was a record year for the industry!
Peter Hoffman of Seven Arts and Michael Ryan of GFM negotiated the terms with Manu Kumaran of Medient for acquisition of worldwide rights to Nick Cassavetes' new feature "Yellow." The film has completed shooting and will be ready for release this spring of 2012!
In the tradition of Cassavetes' previous festival favorites, "Alpha Dog" and "She's So Lovely," "Yellow" is a dark comedy about a young woman who comes to terms with her family's shadowed past. The ensemble cast features Sienna Miller, Melanie Griffith, Gena Rowlands, Ray Liotta and a breakout performance by Heather Wahlquist. Seven Arts and GFM expect the film to premiere at a major film festival next year.
This is a HUGE catalyst for the stock and could be the hit movie that SAPX is looking for!
Keep SAPX on your radar for a potential explosive breakout for the short-term and as always protect your investments! Never invest what you can not afford to lose.
SAPX - Report & DD
SAPX is currently up 16% to $0.54 on massive volume and news just hit the wires at 10:15 AM. Check it out: http://finance.yahoo.com/news/Seven-Arts-Announces-iw-3127187613.html?x=0
SAPX announced that they executed a definitive agreement with David Michery to acquire his music assets. Mr. Michery is a music industry veteran with an extensive track record of accomplishments. The acquired Michery assets are comprised of recording agreements with several artists, including two completed albums with multi-platinum artist DMX. Seven Arts also announced that "Undisputed," the first of these two completed DMX albums, is scheduled to be released in the United States in the second quarter of 2012 through Fontana Distribution, a division of Universal Music Group. The terms of the acquisition were not disclosed.
DMX's last four albums, which were released between seven and twelve years ago, earned gross revenues averaging more than $35 million per album in the United States, according to SoundScan. DMX is the only artist in the history of The Billboard 200 to reach No. 1 with his first five albums.
It looks like there is still some resistance at $0.54 but if we can break through then like we said in our first alert we think we can see the next leg up on the chart.
Take a look at the chart:
The stock's RSI and MACD indicators are entering into the power zone which lead us to believe the run is potentially just getting started.
Barchart.com just gave SAPX its HIGHEST BUY RATING!
Check it out for yourself: http://barchart.com/quotes/stocks/SAPX
Now that the technicals confirm a short-term breakout we are seeing the word spread fast and many traders are starting to take notice. Remember, the last time the stock started to catch momentum like this it exploded to over $5 per share!! That's insane! Obviously this stock has a big following.
SAPX is an independent motion picture production company engaged in developing, financing, producing and licensing theatrical motion pictures with budgets in the range of $2 million to $60 million for exhibition in domestic (i.e. the United States and Canada) and foreign theatrical markets and for subsequent post-theatrical worldwide release in other forms of media, including DVD, home video, pay-per-view, and free television.
Some of the biggest movies to hit the big screen were ones made on a very low budget.
My Big Fat Greek Wedding`s production budget was $5 million yet brought in over $350 million worldwide!!
The movie Rocky was made on a budget of about $1 million and made over $225 million. It even won three Oscars including Best Picture!
Halloween was produced on a budget of $320,000 and ended up grossing $47 million in the US, with a worldwide gross of $60 million.
Napoleon Dynamite cost less than $400,000 to make but its gross revenue was almost $50 million.
The Blair Witch Project had a budget of $35,000 and made $284 mil worldwide!
Even the most recent Paranormal Activity was made on a measly $15,000 and ended up grossing domestically over $107 MM!
The proof is in the pudding and there is no doubt that it could be done again. It's only a matter of time and who will be the lucky company that hits.
Go to : www.7artspictures.com/ and you can see some of the movies that SAPX has made to start to position themselves for that potential hit.
These are the movies currently in production: http://www.7artspictures.com/films/index/in-production
As you can see, SAPX has a lot of movies in the pipe and this industry is recession proof!
Not many people realize but even during the worst recessions people go to the movies. In fact, last year was a record year for the industry!
Peter Hoffman of Seven Arts and Michael Ryan of GFM negotiated the terms with Manu Kumaran of Medient for acquisition of worldwide rights to Nick Cassavetes' new feature "Yellow." The film has completed shooting and will be ready for release this spring of 2012!
In the tradition of Cassavetes' previous festival favorites, "Alpha Dog" and "She's So Lovely," "Yellow" is a dark comedy about a young woman who comes to terms with her family's shadowed past. The ensemble cast features Sienna Miller, Melanie Griffith, Gena Rowlands, Ray Liotta and a breakout performance by Heather Wahlquist. Seven Arts and GFM expect the film to premiere at a major film festival next year.
This is a HUGE catalyst for the stock and could be the hit movie that SAPX is looking for!
Keep SAPX on your radar for a potential explosive breakout for the short-term and as always protect your investments! Never invest what you can not afford to lose.
Seven Arts (SAPX) Announces Execution of Definitive Agreement to Acquire Michery Music Assets
Seven Arts Entertainment Inc. (NASDAQ: SAPX) ("Seven Arts") announced today that it has executed a definitive agreement with David Michery to acquire his music assets. Mr. Michery is a music industry veteran with an extensive track record of accomplishments. The acquired Michery assets are comprised of recording agreements with several artists, including two completed albums with multi-platinum artist DMX. Seven Arts also announced that "Undisputed," the first of these two completed DMX albums, is scheduled to be released in the United States in the second quarter of 2012 through Fontana Distribution, a division of Universal Music Group. The terms of the acquisition were not disclosed.
DMX's last four albums, which were released between seven and twelve years ago, earned gross revenues averaging more than $35 million per album in the United States, according to SoundScan. DMX is the only artist in the history of The Billboard 200 to reach No. 1 with his first five albums. DMX's last solo album, "The Great Depression," topped the chart with debut week sales of 440,000 copies. Earlier albums, "...And Then There Was X" and "Flesh of My Flesh, Blood of My Blood," both sold more than 600,000 units in their opening weeks.
Seven Arts Entertainment CEO Peter Hoffman stated: "Dave Michery represents a significant addition to Seven Arts' business, and we are very excited about the revenue and earnings potential of DMX and Dave's other music assets."
Upon completion of the acquisition, David Michery will be appointed Chief Executive Officer of Seven Arts Music, which is the Company's new music division. This division will initially include Big Jake Music, and stars such as DMX. Seven Arts Music intends to develop new talent and label-establishing artists in the genres of hip hop, R&B, pop, dance and rock. David Michery's prominent career includes the production of numerous platinum albums and an executive role as Head of Urban Music for All American Communication, D.B.A. Scotti Bros. Records, A&R for MCA Records and Zoo/BMG, and founder of Breakaway Entertainment and American Music Corporation.
"David is a proven leader and visionary in the music industry," stated Peter Hoffman. "David's enthusiasm and strong professional reputation are well known, and he is a terrific addition to the Seven Arts team."
"I am very excited about this opportunity to be a part of building a music company for Seven Arts," stated David Michery. "Peter Hoffman has had great success over the years, and I am confident that my executive staff (to be announced soon) and I will continue that success."
About Seven Arts Entertainment Inc.:
Seven Arts Entertainment, Inc is the successor to Seven Arts Pictures Plc, which was founded in 2002 as an independent motion picture production and distribution company engaged in the development, acquisition, financing, production, and licensing of theatrical motion pictures for exhibition in domestic (i.e., the United States and Canada) and foreign theatrical markets, and for subsequent worldwide release in other forms of media, including home video and pay and free television.
Cautionary Information Regarding Forward-Looking Statements
Forward-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from the anticipated.
Contact:
Michael Porter
Porter, Levay & Rose Inc.
Seven Penn Plaza
New York, NY 10001
212 564 7400