Seven Arts Entertainment Inc (SAPX)

[sbc357]

Earnings may not be bad, they just are likely to not be as promising as we had hoped. I have grown more and more suspicious of this with the continual delays and constant needs to get more and more people (like accountants and then auditors, etc.) to sign off on them.

Also, something is up as to WHY they will not release information outlining what the specifics of the BJM deal are. That is the item that has me MOST concerned!

I'm not saying sell, I'm just saying you may have to hold longer than you wanted.

We may get a nice surprise next week with something real positive in the earnings and then you will be happy you bought those shares at .41 - .42.