Seven Arts Entertainment Inc (SAPX)

[Hi_Lo]

When Google Gemini is asked...

Question: Is SAPX a scam because of Jason Black?

https://gemini.google.com/app/438cbb7a2a30898c

Answer: Based on the information available, there are serious concerns surrounding the involvement of Jason Black and associated entities with companies like SAPX. Here's a breakdown of the key points:

• Connections to Securities Fraud:

• Jason Black's name appears in connection with schemes involving the hijacking of dormant public shell companies and subsequent "pump-and-dump" operations.

• He's been linked to individuals like Mark Miller, who was sentenced for securities fraud.

• Court documents indicate involvement in questionable financial transactions, including the use of convertible debt notes and the transfer of shares.

• Concerns with SAPX:

• SAPX is among the companies where these concerning financial activities have taken place.

• The transfer of debt notes and the subsequent conversion into large amounts of free-trading stock raise red flags.

• The involvement of entities such as Capitol Capital Corporation, and Via Capital, in the debt conversions, within SAPX, are also causes for concern.

• General Context:

• The overall context involves complex financial maneuvers that can be indicative of fraudulent activity.

• The "pump-and-dump" scheme is a classic form of securities fraud. 1  

1. Pump and Dump Schemes - Investor.gov

www.investor.gov

In conclusion, while definitively labeling SAPX as a "scam" requires formal legal judgment, the documented connections to Jason Black and the associated financial activities raise significant concerns. It is highly advisable to exercise extreme caution when dealing with companies associated with these individuals and transactions.