Replies to post #55885 on Seven Arts Entertainment Inc (SAPX)

[Doubledown75]

Market cap $875k
The studio in Georgia is worth more than that…..

[DD_dempsey]

Agreed with $SAPX- IMO change is good

I have a feeling they will start to ramp up here now that I just checked as saw this is PINK CURRENT. That was huge and clearly it means they are ready to do business.
If Thom can put enough together here - with the decent SS (it’s bloated but a lot of it is owned by management) and it’s nowhere near as bloated as many other trip OTC stocks.

That gives $SAPX a legitimate chance at 500%+ gains which is what I look for when trying to uncover some gems.

As the regular markets produce strong results and the crypto markets have garnered a strong rebound - will 2024 be the year OTC stocks rebound from the changes made in 2021 to get quotations and current status again? My guess is YES. More companies than ever before are already proving they can now comply legally and financially with the requirements from SEC/Finra and OTC and as attorneys get more comfortable with what’s required - I suspect we will see many more stocks resurrect.

For $SAPX- change in controlling management to a famous musical producer was a huge step in the right direction and I suspect just the tip of the iceberg of what he has planned here now that they spent all that money to get current again.

Tax loss season is almost over. There really is no reason to sell $SAPX this low anymore. It formed a strong baseline from .0003-.0005 pps- and the next break to .0006+ has a change to move this one into teens. We shall see- but I like to find the beaten down ones that proved they can always have a strong bid (the bid at 2 on this stock is absurdly high) then they have full potential to accelerate on positive news or potential