Seven Arts Entertainment Inc (SAPX)

[lowhangingfruit]

Don't forget to track all the related companies controlled or associated with PH, in case cash has "leaked" to them, or there are guarantees, or there are off-balance sheet deals:

Leeway Properties Inc
Blue Moon
SAP Louisiana Inc
807 Esplanade Inc
Seven Arts Production Services Inc
Seven Arts Future Flows 1
Seven Arts Pictures Louisiana LLC
Cinematic Finance Limited
*Royal Alice Inc (Mrs Hoffman, Louisiana)
Seven Arts Pictures Inc
Seven Arts Pictures PLC (In Liquidation)
Seven Arts Entertainment Limited
Cinevisions Inc
*Seven Arts Filmed Entertainment Louisiana LLC
*Seven Arts Pictures Louisiana (Equicap) LLC
*Seven Arts Post LLC
*Seven Arts Esplanade Development LLC
*Esplanade Pictures LLC

And all the tax vehicles (17 companies for the Equifax and Zeus deals, at least)

And all the "special purpose companies" that the movies are actually made in (Gone to Hell Ltd, etc))

And his own and Princess Kate's "personal" companies (if any?)

Oh, and all the litigation in progress (online) and the investigations by the UK tax authorities (disclosed in their filings), Louisiana Attorney General and so on (especially $20+m from JonesFilm and UK HMRC raids on offices last July (generally take 18m to conclude).

Only with the full picture can you appreciate what is actually going on