Seven Arts Entertainment Inc (SAPX)

[elbowdeep]

It states
"Seven Arts Entertainment Inc. (NASDAQ: SAPX) ("Seven Arts" or "Company") announced today that it has closed the acquisition of the music assets of David Michery. Mr. Michery is a music industry veteran with an extensive track record of accomplishments. The acquired Michery assets are comprised of two completed albums with multi-platinum artist DMX, up to two additional albums from DMX"

sounds acquired to me and my lawyer speaking friends...