Ecomike
2 days ago
Huge news is out $SAPX
https://variety.com/2025/film/filming-locations/georgia-filming-production-hub-1236392186/
Georgia Maintains Status as Top Production Hub in Face of Slowdowns
Todd Longwell
10–13 minutes
A movie shooting on location is often compared to a circus, because both are self-contained communities of performers and laborers that visit for a short time, rile up the locals, then pull out, leaving sawdust and elephant dung in their wake, literally and/or figuratively.
Nobody knows this better than Robert A. Halmi, who came to Georgia as a 23-year-old producer 45 years ago to make a TV movie titled “When the Circus Came to Town” that was actually filmed “under the big top” in a tent.
Halmi says they didn’t worry about outside sound leaking in through the thin canvas walls and ruining the dialog because, “in those days, everything was looped anyway.”
Sound recording standards have changed in the ensuing decades, but not as much as the production landscape in Georgia, thanks to the film and TV incentive enacted by the state in 2008 offering an uncapped tax credit of up to 30%. Current shoots include the historical crime thriller “By Any Means,” starring Mark Wahlberg, the Amazon biopic “Madden,” starring Nicolas Cage, and the Apple TV+ series adaptation of “Cape Fear,” starring Javier Bardem and Amy Adams.
This is another thing nobody knows better than Halmi. Six months ago, he opened Lionsgate Studios Atlanta, a built-from-scratch, 40-acre, $200 million facility owned and operated by his company Great Point Studios. It joined more than a dozen other production complexes in the state, including Assembly, Shadowbox, Three Ring and Tyler Perry Studios, representing 4.4 million square feet of soundstage space.
The state even boasts a university with a pro-level production game, the Savannah College of Art and Design (SCAD). Its 11-acre Savannah Film Studios features a 5,500-square-foot virtual production space with two LED volume stages and a backlot that currently boasts 40 street facades with 8,000-plus square feet of attached dressed interiors. According to D.W. Moffett, chair of the film and television department at SCAD, the studio is ready, willing and able to start taking on Hollywood-level productions.
“When students are working with pros on a professional set, the learning curve is exponentially better,” points out Moffett, a veteran actor whose credits include co-starring roles in the series “Happily Divorced” and “Friday Night Lights.”
Trilith Studios hosted “The Suicide Squad” shoot.
The wealth of permanent facilities means that projects visiting the Peach state today are less likely to find themselves shooting in converted warehouses — as so many do in production hubs spawned by government incentives — or, heaven forbid, a tent. They’re also less likely to be staffed by out-of-towners.
“The tax incentives have been the strongest in the country for a long time, and they’ve developed a really strong crew base, so you don’t really need to bring in anybody to work on a film in Georgia,” says Halmi. “And the crew is less expensive than California crews, and the weather is better than New York, so you don’t have to worry about rainy days or getting snowed out.”
Film and TV workers, both local and visiting, live at the Town at Trilith, a 235-acre, master-planned residential development 25 miles south of downtown Atlanta. It’s located next to Trilith Studios, a production complex featuring 1,000 acres of purpose-built soundstages, offices and backlots that has hosted numerous high-profile films including Francis Ford Coppola’s “Megalopolis” and a long line of Marvel projects such as “Thunderbolts*” and “Captain America: Brave New World.”
Producer Richard Suckle, who moved from L.A. to Georgia with his wife last year after they became empty nesters, is a part-time resident of the Town. He makes the three-and-a-half-hour drive from his home in Savannah once or twice a month to do in-person work for the production company he’s launching in partnership with Trilith that will take full advantage of its synergistic studio ecosystem.
“Whenever I would go and make a movie somewhere else, the studio facility was essentially a bunch of soundstages and office space, and sometimes you had to travel pretty far to get to the actual facility,” says Suckle, who shot “The Suicide Squad” at Trilith in late 2019 and early 2020. “This is like a community that literally has everything that you would want and need, regardless of whether you were in the movie or the TV business or not.”
In addition to production facilities and living accommodations, Trilith also offers a wealth of supplemental services, including an in-house film finance team and consultation services from its director of creative technologies Barry Williams, a veteran VFX supervisor whose credits include “The Mandalorian.”
“You feel like it’s going to be $15 million to do this, but Barry will do a VFX breakdown and find a way for you to do it for six — and we have the virtual stages and all the technology here to do it,” says Frank Patterson, president and CEO of Trilith Studios.
Season 3 of Sylvester Stallone-starrer “Tulsa King” is being shot in Georgia.
The consistent and sustained growth in filming and infrastructure Georgia has experienced over the last 17 years is unmatched by any other region in the United States, but the state is not immune to the problems facing other domestic production hubs. The industry absorbed repeated hits to the body — a global pandemic, then the double whammy of WGA and SAG-AFTRA strikes followed by decline in film and TV shoots many are now referring to as the “Great Contraction” — causing Georgia production spend to drop from $4.4 billion in fiscal year 2022 to $2.6 billion in fiscal year 2024.
But the cruelest blow might be what happened in the wake of the successful strike-avoiding negotiations for new IATSE and Teamster contracts last summer. What seemed like a win for the unions and the industry as a whole has turned into a loss, as an increasing number of projects have decided to shoot in other countries, where they can get lower-priced labor in addition to generous incentives.
“A lot of production has moved overseas, and up north to Canada. That’s no secret,” admits Michael Clark, general manager of studio operations at Eagle Rock Studios Atlanta in Norcross, Ga., which he says is at about 75% capacity, with projects including Season 3 of “Tulsa King,” starring Sylvester Stallone. “However, I believe Georgia is still the best place for productions to be.”
According to Kelsey Moore, executive director of the Georgia Screen Entertainment Coalition, the state is maintaining its status as a top production destination by “focus[ing] on the elements that we can control,” namely by making some important — if unsexy — tweaks to its incentive program.
In January, the Georgia Department of Revenue streamlined its audits, creating a more efficient and predictable process for productions looking to monetize their tax credits.
“The Department of Revenue and the film office in Georgia really listened to some of the overarching issues that productions were facing and cleaned it up a little bit,” says Mike Mosallam, COO of Shadowbox Studios, which also owns and operates Shinfield Studios in England.
The state legislature subsequently stepped up and updated the language covering qualified distribution platforms, including adding FAST channels and removing LaserDiscs, and passed a standalone bill pushing back the sunset date of its postproduction credit to 2031.
“It’s not stuff that’s going to shake up the industry in any way, shape or form,” says Stephen Weizenecker, an attorney with the Atlanta office of Barnes & Thornburg specializing in film and TV financing and tax credits. “But they’ve modernized the definitions, which is good.”
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Hi_Lo
4 days ago
https://www.securitieslawyer101.com/2023/shell-hijacker-mark-miller-sentenced-to-one-year-in-prison/
Public records show that Capitol Capital Corporation has also been involved as a noteholder in at least three other public issuers that used Jason Black as the CEO, MedX Holdings Inc (MEDH), Cann American Corp (CNNA), and Seven Arts Entertainment, Inc (SAPX).Â
CNNA recently appointed Jason Tucker, former CEO of LEAS, as its new CEO, giving it yet another connection to past Miller frauds. And according to SAPX OTC disclosures, on December 27, 2022, all the debt notes previously put in the name of Capitol Capital Corporation were transferred to an entity named Via Capital, represented in the SAPX filings by Jesus Cipriano, keeping the notes active despite Mark Miller’s various legal issues. Via Capital immediately started converting the debt into large chunks of free trading stock, including 150,000,000 shares on December 28, 2022, 150,000,000 shares on February 21, 2023, and 180,000,000 shares on March 6, 2023. SAPX has also begun to issue new debt notes to Via Capital.
Hi_Lo
4 days ago
https://www.securitieslawyer101.com/2023/shell-hijacker-mark-miller-sentenced-to-one-year-in-prison/
On May 18, 2023, Mark Miller became the last of three men to be sentenced for a securities fraud scheme that involved hijacking several abandoned penny stocks, then using them for an illegal pump-and-dump stock manipulation scheme. Miller pleaded guilty to count 1 of the Indictment, Conspiracy to Commit Securities Fraud, and was sentenced to 12 months and 1 day in prison, followed by 2 years of supervised release...
CNNA recently appointed Jason Tucker, former CEO of LEAS, as its new CEO, giving it yet another connection to past Miller frauds. And according to SAPX OTC disclosures, on December 27, 2022, all the debt notes previously put in the name of Capitol Capital Corporation were transferred to an entity named Via Capital, represented in the SAPX filings by Jesus Cipriano, keeping the notes active despite Mark Miller’s various legal issues. Via Capital immediately started converting the debt into large chunks of free trading stock, including 150,000,000 shares on December 28, 2022, 150,000,000 shares on February 21, 2023, and 180,000,000 shares on March 6, 2023. SAPX has also begun to issue new debt notes to Via Capital.
Hi_Lo
4 days ago
https://www.securitieslawyer101.com/2023/shell-hijacker-mark-miller-sentenced-to-one-year-in-prison/
Besides his hijacking antics, Miller has also faced some legal pressure in a separate civil suit filed against him in the United States District Court for the Northern District of Illinois by David Goulding, Howard Salamon, Robyn Goulding, and John O’Shea, regarding a company named Capitol Capital Corporation. According to the court documents, the individuals collaborated, together with Jason Black, to create a convertible debt Note in Indo Global Exchanges Pte Ltd (IGEX) in the name of Capitol Capital Corporation, using old existing debt and alleged “service fees”. The individuals then agreed to split the proceeds from the stock sales.
Court documents show that Capitol Capital Corporation received several big chunks of stock in IGEX, then transferred the shares to Tiger Trout Capital LLC, a Puerto Rican entity controlled by Alan Masley. A bank statement from December 2019 provided in the lawsuit shows that Tiger Trout Capital LLC would then transfer money back to Capitol Capital Corporation, who, in turn, split the money between Mark Miller and Jason Black (Market Cap Concepts LLC). At the time, Jason Black was the CEO of IGEX, and none of the debt conversions were disclosed in any of the IGEX OTC filings.Â
Public records show that Capitol Capital Corporation has also been involved as a noteholder in at least three other public issuers that used Jason Black as the CEO, MedX Holdings Inc (MEDH), Cann American Corp (CNNA), and Seven Arts Entertainment, Inc (SAPX).
CNNA recently appointed Jason Tucker, former CEO of LEAS, as its new CEO, giving it yet another connection to past Miller frauds. And according to SAPX OTC disclosures, on December 27, 2022, all the debt notes previously put in the name of Capitol Capital Corporation were transferred to an entity named Via Capital, represented in the SAPX filings by Jesus Cipriano, keeping the notes active despite Mark Miller’s various legal issues. Via Capital immediately started converting the debt into large chunks of free trading stock, including 150,000,000 shares on December 28, 2022, 150,000,000 shares on February 21, 2023, and 180,000,000 shares on March 6, 2023. SAPX has also begun to issue new debt notes to Via Capital.
Previously, in December 2020, Gary Kouletas (PAG Group LLC), who was another insider in LEAS and MEDH, was arrested and charged in a separate pump & dump scheme involving Global Resource Energy Inc (GBEN).  That Indictment references an unnamed “Cooperating Witness” who is described as “a stock promoter and CEO of several public companies under federal investigation for securities fraud-related offenses but not yet charged.”
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170221017
Share selling scam exposed (IGEX, MEDH, SAPX, CNNA)
Hi_Lo
4 days ago
Jason Black SAPX CEO
Straight from the SEC website:
https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25469
Rahim Mohamed, Davies (Dave") Wong
SEC Charges 18 Defendants in International Scheme to Manipulate Stocks Using Hacked US Brokerage Accounts
Litigation Release No. 25469 / August 16, 2022
Securities and Exchange Commission v. Rahim Mohamed, Davies ("Dave") Wong, Glenn B. Laken, Richard C.S. Tang, Zoltan Nagy, Jeffrey D. Cox, Phillip G. Sewell, Breanne M. Wong, Christophe Merani, Anna Tang, Robert W. Seeley, Richard B. Smith, Christopher R. Smith, H.E. Capital SA, POP Holdings Ltd., Maximum Ventures Holdings LLC, Harmony Ridge Corp., and Avatele Group LLC, Defendants, and 9224-3708 Quebec, Inc., a/k/a Distributions Bano, and Jason Black, Relief Defendants, No. 1:22-cv-03252 (N.D. Ga. filed Aug. 15, 2022)
The Securities and Exchange Commission today charged 18 individuals and entities for their roles in a fraudulent scheme in which dozens of online retail brokerage accounts were hacked and improperly used to purchase microcap stocks to manipulate the price and trading volume of those stocks. Those charged include Rahim Mohamed of Alberta, Canada, who is alleged to have coordinated the hacking attacks, and several others in and outside the U.S. who allegedly benefited from or participated in the scheme.
According to the SEC's complaint, in late 2017 and early 2018, hackers accessed at least 31 U.S. retail brokerage accounts and used them to purchase the securities of Lotus Bio-Technology Development Corp. and Good Gaming, Inc. The unauthorized purchases allegedly enabled fraudsters, who already controlled large blocks of Lotus Bio-Tech and Good Gaming stock, to sell their holdings at artificially high prices and reap more than $1 million in illicit proceeds. According to the complaint, Davies Wong of British Columbia, Canada, and Glenn B. Laken of Illinois, respectively, controlled the majority of the Lotus Bio-Tech and Good Gaming stock that was sold while the hacking attacks were being carried out, and Mohamed coordinated with Davies Wong, Laken, and others to orchestrate the attacks. The complaint also alleges that Richard Tang of British Columbia, Canada, was involved with both the Lotus Bio-Tech and Good Gaming schemes.
The SEC's complaint charges violations of the antifraud and beneficial ownership reporting provisions of the Securities Act of 1933 ("Securities Act") and the Securities Exchange Act of 1934 ("Exchange Act"), and names two relief defendants who received proceeds from the hacks. More specifically, the complaint charges the following defendants with the following violations:
• Rahim Mohamed of Alberta, Canada, with directly violating, and aiding and abetting violations of, Section 17(a) of the Securities Act, and Sections 9(a) and 10(b) of the Exchange Act, and Rule 10b-5 thereunder;
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• Davies Wong of British Columbia, Canada, Richard Tang of British Columbia, Canada, Zoltan Nagy of British Columbia, Canada, Anna Tang of British Columbia, Canada, and Breanne Wong of British Columbia, Canada and Panama, with directly violating, and aiding and abetting violations of, Section 17(a) of the Securities Act, and Section 10(b) of the Exchange Act, and Rule 10b-5 thereunder, and directly violating Sections 13(d) and 16(a) of the Exchange Act, and Rules 13d-1 and 16a-3 thereunder;
Â
• Glenn B. Laken of Illinois, Jeffrey Cox of Alberta, Canada, Christophe Merani of Illinois, and Phillip Sewell of British Columbia, Canada, with directly violating, and aiding and abetting violations of, Section 17(a) of the Securities Act, and Section 10(b) of the Exchange Act, and Rule 10b-5 thereunder;
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• Robert Seeley of the Dominican Republic, Christopher R. Smith of the Dominican Republic, Richard B. Smith of the Dominican Republic, Wyoming entity Harmony Ridge Corp., and Nevis entities H.E. Capital SA and POP Holdings Ltd., with aiding and abetting violations of Section 17(a) of the Securities Act, and Section 10(b) of the Exchange Act, and Rule 10b-5 thereunder;
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• Wyoming entity Maximum Ventures Holdings LLC, with aiding and abetting violations of Section 17(a) of the Securities Act, and Section 10(b) of the Exchange Act, and Rule 10b-5 thereunder, and directly violating Sections 13(d) and 16(a) of the Exchange Act, and Rules 13d-1 and 16a-3 thereunder; and
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• Wyoming entity Avatele Group LLC, with directly violating Sections 13(d) and 16(a) of the Exchange Act, and Rules 13d-1 and 16a-3 thereunder.
The SEC's complaint also names Quebec, Canada entity 9224-3708 Quebec Inc., a/k/a Distributions Bano, and Jason Black of California and/or Georgia, as relief defendants. The SEC seeks the return of ill-gotten gains plus interest, penalties, bars, and other equitable relief. The SEC's investigation is continuing.
The SEC's investigation has been conducted by Joshua Dickman and Lucy Graetz of the Atlanta Regional Office, Andrew McFall of the Washington, D.C. Office, and Patrick McCluskey of the Philadelphia Regional Office, with the assistance of Marlee Miller and Owen Granke of the SEC's Office of International Affairs. The case is being supervised by Acting Chief of the Crypto Assets and Cyber Unit Carolyn Welshhans, Market Abuse Unit Chief Joseph Sansone, Justin Jeffries and Natalie Brunson of the Atlanta Regional Office, and Amy Flaherty Hartman of the Chicago Regional Office. Robert Gordon and William Hicks of the Atlanta Regional Office will lead the SEC's litigation, supervised by M. Graham Loomis.
The SEC appreciates the assistance of the Financial Industry Regulatory Authority, the Alberta Securities Commission, the Australia Securities and Investments Commission, the British Columbia Securities Commission, the Calgary Police Service, the Cayman Islands Monetary Authority, the Dubai Financial Services Authority, the French AutoritĆ’© des MarchĆ’©s Financiers, the Hong Kong Securities and Futures Commission, the Mauritius Financial Services Commission, the Ontario Securities Commission, the Quebec AutoritĆ’© des MarchĆ’©s Financiers, the Royal Canadian Mounted Police, the Securities Commission of the Bahamas, the Sƒ»retĆ’© du QuĆ’©bec, the Superintendencia del Mercado de Valores de la RepĆ’Âşblica Dominicana, the Swiss Financial Market Supervisory Authority, and the United Kingdom Financial Conduct Authority.
To learn more about how to protect your online investment accounts from fraud, please visit the SEC's Office of Investor Education and Advocacy investor alerts webpage.
• SEC Complaint
Last Reviewed or Updated:Â May 31, 2023