Seven Arts Entertainment Inc (SAPX)

[sbc357]

Still DO NOT TRUST PH!!!!! He will entice buyers with this news and other supposedly good news rehashes. All the while his cohorts that get to convert shares that he gave them, will continue selling into news like this - just watch what it is doing now.
He will get everyone retail buying the shares today and then he will RS this 1:100, and then this will drop another 65% before the shares have any chance of appreciating in value even minimally. And chances are, he will just dilute into any run pushing the price back down into the pennies again. He has already done three RSs and killed every single one of them. Buyers at this level will NOT get their money back for what they put in for a longggg time unless you are a trader here and are VERY NIMBLE - sell when Peter's cohorts are selling their converted shares - on the good news like today.
Buy when everyone is still wandering in the dark, trying to figure out what the next desperate move will be for Peter, but sell on the first hint of good news - NEVER, EVER hold for very long cause Peter will EAT YOU ALIVE - YOU AND YOUR SHARES, BwaHaHaHaHa!!!!!