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Re: nhden post# 11102

Friday, 01/13/2012 7:33:21 PM

Friday, January 13, 2012 7:33:21 PM

Post# of 58645
Seven Arts believes that consumer interest in DMX remains after this period strong, and expects that the next two DMX albums will generate similar gross revenues. The addition of these potential revenues and the revenues from other expected album releases from Mr. Michery's assets should in the current fiscal year alone more than double Seven Arts' gross revenues for the last two years. Seven Arts CEO Peter Hoffman stated: "Dave's assets are expected to make a very substantial addition to our revenues and profits this year, as well as raise awareness of our brand and expand our reach. We believe this acquisition will be an exciting game-changing event for our company."

http://online.wsj.com/article/PR-CO-20111107-906159.html