Seven Arts Entertainment Inc (SAPX)

[wEaReLeGiOn]

So let me get this straight. SAPX isn't being diluted, and we know this because the O/S has at least doubled every quarter since the reverse split?

"Investor confidence" is based on fundamentals for the company, at least in the case of a listed stock. We should overlook the fundamentals (as evidenced by the non-compliant PPS, company losses, litigation, inability to remit timely SEC reports and paid-for pennystock touts promotional activity, and then believe that the PPS will appreciate because of what Hoffman claims "in the pipeline" (as in, it may or may not be true or happen).

Excellent, now I know why you feel SAPX is "still undervalued".

The street says otherwise, as do the fundamentals.


That is when they were actually diluting. If they were diluting now, we would see the same kind of price decline. Will they recover? I dunno. The things they have in the pipeline have enough value to get them back up there but it will be all about investor confidence IMO. And right now there isnt a whole lot of that. Nonetheless, still undervalued at this point.