Replies to post #38223 on Seven Arts Entertainment Inc (SAPX)

[Ecostate]

sbc-
not 80 million bro. last filing said 179 million. plus the 25 million at .03 was maybe 40 mill a few days ago. most likely way less now. its getting thin

[Mesa8888]

SAPX is in the OTC market and CEO can issue billion shares out anytime he want that just pay registration fee $100 only !!!

SAPX Share Structure:

REVERSE SPLIT (Dilution)HISTORY

•Capital Change=shs decreased by 1 for 5 split Pay date=01/16/2009.
•
•Capital Change=shs decreased by 1 for 5 split Pay date=05/12/2011.
•
•Capital Change=shs decreased by 1 for 70 split. Ex-date=09/04/2012.

If you invested $1000 in SAPX and go long, never run away from dilution since 1 for 70 reverse split(9-4-2012)($0.28/pps), your total value lower than $2 now ($0.005/pps)!!!

I believe the reverse split again soon !