Replies to post #34452 on Seven Arts Entertainment Inc (SAPX)

[rwa3848]

Why doesn't this news item along with The Winter Queen pre-production/casting commitments$$ press release translate into a Net Book value of about 79 million/ 2.26 per current O/S assuming 35 million o/s? gfmfilms.co.uk/news/new-production-fund-raise/ GFM Films today announced that it has entered into an agreement with international investment bank Bryan Garnier & Co to raise a film production fund for GFM’s current slate. Initial funding of US$85m of a planned US$200m will work alongside EIS production funding sourced in London via Park Caledonia Capital. The first three films from GFM’s slate to take advantage of the fund will be high octane action thriller ‘The Job’, family animation ‘Secret Defenders’ and Seven Arts’ highly anticipated ‘Neuromancer’. For more information please contact Guy Collins