Seven Arts Entertainment Inc (SAPX)

[Bigdogs]

I also confirmed the same thing with Kate from SAPX. This is getting Massively oversold and I wouldnt be surprised to see this close over .03 today. MMs are working like crazy to cover their Shorts.

Here is what was said

"If you read the releases you will see that we have two different categories of tax credits; the federal and state historic rehabilitation credit and the state infrastructure credits. The total audited value for all of these credits was $8M, which was what was previously announced. We received government approval this week only for the state and federal historic rehabilitation credits which are worth the $4.5M. We are still waiting on state approval of the infrastructure credits"