Seven Arts Entertainment Inc (SAPX)

[sbc357]

Assuming that the OS count is now around 7million (That is an ASSUMPTION, last count was 6.6 million and I suspect they have gone up quite a bit more than just 400,000 shares, but maybe not)
then those revenues for June would now be .20 per CURRENT share outstanding, At a PE of 5, I see this going to $1 to $1.20 before they pull it back down to fill the gap.
Some disconcerting news would likely come out before that would happen. That news is what I have been skeptical about for all this time.