Seven Arts Entertainment Inc (SAPX)

[sbc357]

Dude, that was the LAST filing, always at LEAST a month behind the real scene of what the OS count is TODAY!
They are diluting CONSTANTLY! Look at the filing: there are PAGES AND PAGES in there about who they have paid, and are paying WITH SHARES = DILUTION!
Now, those people who got those shares or have CDs are selling, or converting and selling immediately, right before your eyes, TODAY!

Now, Look at SmoothTrader's post: That has a bit of insight into a clear picture of what is going on with some of those dilution shares today.

...dilution that is happening is some debt conversion still going on and the lowest conversion price for any debt is .13 and then a bunch at .15, should be about over. All future debt conversions in May, June etc. are set at .20 and above.

BTW, Thank you SmoothTrader for your post. GREAT info!
Yes, it is all there in the filing, just have to be adept at reading the way it's converted, which you appear to be well versed in that.
Thanks again.