Seven Arts Entertainment Inc (SAPX)

[wEaReLeGiOn]

A surreal amount of dilution indeed.

http://ih.advfn.com/p.php?pid=nmona&article=53569416

Shares in Issue. 
  
 As of June 30 2012 (the Company's financial year-end) , the Company 
 had 96,793,011 shares in issue. Since the last reported number of shares on 
 May10, 2012 in the March 31 2012 10-Q , the Company has issued the following 
 unregistered securities. 
  
 New Stock Issuances from May 10, 2012 through June 30, 2012 
  
 6,659,364  common shares were issued in satisfaction of $240,000 of film loans 
            previouslyconverted at an average conversion price of 
            $0.04/share. (high of $0.09 and low of $0.02) 
  
  
  
 18,109,801  common shares were issued in satisfaction of the $796,152 of newly 
             converted debtat an average conversion price of $0.04/share. (high of 
             $0.08 and low of $0.04) 
  
  
 2,568,383 common shares were issued in satisfaction of $200,000 of existing overhead liabilities (loan interest) at an average conversion price of $0.04/share 
  
  
  
 Item 9.01 Financial Statements and Exhibits 
  
 (d) Exhibits 
  
 99.1 Press Release dated July 23, 2012 

SAPX 8-K new out
SEVEN ARTS ENTERTAINMENT INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits