Seven Arts Entertainment Inc (SAPX)

[ICEVRE3]

SAPX - K.I.S.S. applies well here lol. anywho, smart $ would be buying here (imo): as we now know the company is buying also->

CEO Peter Hoffman stated: "Management is aware of concerns of shareholders regarding the heavy selling of Seven Arts common stock and the potential effects on that selling of Seven Arts' previously announced program of converting its debt into equity. Management believes that this selling volume is far in excess of the number of new shares issued in debt conversion and that much selling pressure is the result of market strategies or manipulation, including substantial short selling as reflected in the failure to deliver chart. In response to those concerns, management has set aside and intends to further set aside from Seven Arts' expected tax credit collections up to $250,000 to provide bid support of our common stock up to $.10. Management continues to believe that those market participants 'betting against' Seven Arts will be disproven by financial results, which is the only viable long term strategy to defend against widespread manipulation and short term trading activities, and we believe such results will be forthcoming."

Possible revenue increase in next filings

- http://quantel.broadcastnewsroom.com/article/Seven-Arts-Entertainment-Announces-a-Stock-Repurchase-Program--2139680

Upcoming catalysts:

New website coming live by Monday, August 13th.
"we believe the new site will be a big improvement in design, information availability and interactivity."

- http://www.marketwire.com/press-release/seven-arts-entertainment-to-launch-new-website-nasdaq-sapx-1687471.htm

Release of highly anticipated DMX album "Undisputed." Also, brilliant, state of the art productions such as music video reuniting w/ Ruff Ryders, and a shout-out from our late brotha Notorious BIG on the next single. IMO that's hot stuff.... gunna blow up. I think the company will do a massive roll-out promoting it all.

- http://allhiphop.com/2012/05/04/dmx-announces-new-release-date-biggie-feature-for-his-undisputed-album/

With all that in mind, lots of reason to believe this company is pretty seriously undervalued here. Right now the best strategy is to buy into the fear at a comfortable price and sell on the upswings. Easy $)

All IMO