Seven Arts Entertainment Inc (SAPX)

[DD_dempsey]

With your excellent questions on $SAPX reduced SS

THE SHARE STRUCTURE has just been reduced a few times and ALWAYS Substantially - which if you’re like me - is very intriguing since most companies work th opposite way. They release shares. So why ? My guess- they are preparing this stock to be more attractive again for returning to the big boards. They used to be audited here. They used to have a pretty darn good book of copyright content. I imagine they might have finally got updated on the finance deal and streaming deal.

Instead- as evidenced in the post you found / THE AS and OS have been severely reduced in 2022.

Has the SS already been reduced or is it going to be soon? I just read this post, "Authorized Shares changed from unlimited to 4.5b", What about the O/S shares?

SAPX SECURITY DETAILS
Share Structure
Market Cap Market Cap 2,255,166 -06/17/2022
Authorized Shares 1,800,000,000 - 06/17/2022
Outstanding Shares 1,503,444,252 - 06/17/2022
Restricted 162,400,808 - 06/17/2022
Unrestricted 1,341,043,444 - 06/17/2022
Held at DTC 1,338,590,411 - 06/17/2022
Float 1,338,590,411 - 08/09/2021

SO HERE IS WHAT HAD OCCURRED- the new CEO came in and first reduced AS from unlimited to $4.5 bil. He then - IN- MOVE RECENT THAT MUST NOT GO UNRECOGNIZED) - they went even further and reduced THE A/S another 2.7 bil shares !!! That is why - since they are very current and since their TA is always compliant with the OTC’markets- their stock profile has updated to show THE NEW A/S of 1.8 Bil. Frankly- for the OTC- that is very attractive.

WHAT EVEN MORE ATTRACTIVE - is the O/S- has also been reduced and is now currently at unrestricted 1.34 bil. Again- a pretty decent float for a .00’s stock to make a multi penny run. All IMO of course.

SO to recap- the NEW MANAGEMENT- came in - and reduced SS down to 1.8 bil AS and 1.3bil unrestricted OS - and made it clear that they are doing those type of clean ups first before they update with substantial operational news. I’ve waited patiently for this and was hoping they would eventually be willing to communicate again. That would mean their quiet period was over and that generally is followed by an influx of updated, press and marketing. This one moves so fast on large volume - it can run to .007-.008’s in 2 days. Etc. we shall see.

The fact they executed the additional 60% share reduction from AS after the first major reduction - meant to me they have no interest in diluting down this stock IMO. They also retired a some of OS- leaving it at 1.3 unrestricted and 1.5 mil total.

They saved enough shares to negotiate subsidiary or spin off - and retired the rest! A review of prior correspondence shows CEO has stated multiple times - there is no dilution at all - no shares issued and no shares that will come to market anytime soon. That reality / combined with the major share reduction acrually bring value to the stock not currently realized at the current pps.