Seven Arts Entertainment Inc (SAPX)

[wEaReLeGiOn]

Evidently he forgot it's a leap year, with 29 days in February. I've been posting this information all along, just from reading the filings. They have until close of business tomorrow to file. Since they already trade on the NASDAQ capital market, and since they are more than 70% behind for the $1 min/10 day, it's very unlikely they will receive another extension. It will be entirely up to the NASDAQ to decide, so no one here knows, but can just trade accordingly.

Don't forget that SAPX is paying touts to post on message boards. Just because these people don't declare, and are trying to flaunt 17b disclosures rules, doesn't mean they will identify themselves.

When people start posting nonsense about March 22nd, they're trying to hold this sinking ship together until the shares they were paid in become eligible to be traded. SAPX has been paying penny touts for longer than 6 months.

They can now file for that extension as of today since today is the last day that they can get the minim bid price up above $1 (AND STILL HAVE 10 CONSECUTIVE DAYS ABOVE $1) to meet the minim bid requirement deadline for the NASDAQ listing requirements.