Replies to post #15489 on Seven Arts Entertainment Inc (SAPX)

[TraderUsa]

When they least expect shorts, we will rise to $ 2 ... that's how it works ...
The company can not lose the right to be on the NASDAQ market, advertising in this market is very valuable ...

Thanks for your call "master".

[Chrisalex69]

OK, it's an admission, this means that the share price will certainly remain under $1 ....

[Asia888]

So u are implying that it will definitely go up 1.00 before march isn't it???

[wEaReLeGiOn]

Strange- On their website, and SEC filings, they say this-

I don't see anything about being 100% certain, or the extra 20 days you "heard".

http://www.7artspictures.com/news/view/57

On September 22, 2011, Seven Arts received a notice from NASDAQ stating that the bid price for our common stock was below $1.00 for thirty consecutive days. Seven Arts is otherwise in compliance with NASDAQ listing maintenance standards. Seven Arts will have until March 1, 2012 to maintain a closing bid price of at least $1.00 for ten consecutive trading days for continued listing on NASDAQ. If Seven Arts does not meet that goal by March 1, 2012, it may apply and would expect to obtain a further 180-day extension to meet the trading price requirement of NASDAQ

I spoke with the company yesterday and was told they have till March 20th for the extension and it WILL BE GRANTED 100% by Nasdaq.

[Bigdogs]

Also if you listen to the recent interview by Peter Hoffman he clearly states that the Stock Price is trading at 3x less than the companies Book Value.

Fast forward to 17 minutes into the recording.
It will take a few minutes to download.

http://crntalk.com/podcast/cs/2012/CS_Hr1-01-20-2012.mp3



I also confirmed yesterday through SAPX that the book value of each share remains more than three times the current price

Massively undervalued here

Once fully valued this will easily be in the dollars IMO