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Seven Arts Entertainment Inc (PK)

Seven Arts Entertainment Inc (PK) (SAPX)

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Updated: 07:16:25

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Hi_Lo Hi_Lo 16 minutes ago
And when passover gets here again it will delay everything for a year like it did last year.

LOL!

It doesn't matter. No credible updates are coming for this scam company again.
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Hi_Lo Hi_Lo 21 minutes ago
This is new.

Even though it's Pink Limited, I just checked Schwab and E-Trade and SAPX doesn't even come up in their search tool and you can't trade it on those platforms as far as I can see.

The three amigos other scam stock CNNA does come up in search even though it's in expert market.
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sealskin123 sealskin123 1 hour ago
Another holiday approaching! That should add another 6 months of delays for sure! LOL
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sealskin123 sealskin123 19 hours ago
Hope you got your order in for 100mil at .0002!
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sealskin123 sealskin123 2 days ago
👎️👎️👎️👎️👎️👎️👎️Farts!
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sealskin123 sealskin123 2 days ago
There is 1 1/2 hours left in the trading day $220.00 been thrown at sapx today then it's up in smoke! Jason can relate to that!
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floridaboy floridaboy 2 days ago
I am serious indeed...
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shoondale shoondale 2 days ago
You can't be serious..."Jason gonna communicate this week? Seems viable"

Is JB taking a run at the throne?
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floridaboy floridaboy 2 days ago
That's a good thing, tomorrow coming
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jimr1717 jimr1717 2 days ago
If ECONmike™ is pumping you can bet on it going to fka.
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Hi_Lo Hi_Lo 2 days ago
I don't see Pink Limited but CE is coming....NUTS
This scam was Pink Current recently but was just downgraded to Pink Limited.

Expert Market or Caveat Emptor coming soon.
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sealskin123 sealskin123 2 days ago
Tomorrow is coming!
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TerraRyzing TerraRyzing 2 days ago
It just happened today. But y'all were saying CE tommorrow
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sealskin123 sealskin123 2 days ago
SAPX
OTC Pink - Limited Information/US
Seven Arts Entertainment Inc
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TerraRyzing TerraRyzing 2 days ago
I don't see Pink Limited but CE is coming....NUTS
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floridaboy floridaboy 2 days ago
Jason gonna communicate this week? Seems viable
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floridaboy floridaboy 2 days ago
Jason gonna communicate this week? Seems viable
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floridaboy floridaboy 2 days ago
C'mon man, you know that ain't happening...
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Hi_Lo Hi_Lo 2 days ago
Here's actual info coming straight from SAPX that never happened.

Apr 4
We are still awaiting 3rd party approval on the next $SAPX press.
We will work to resolve it over the weekend for release early next week.
Seven Arts Entertainment
@SAPX_7arts

Mar 28
Per inquiries, we are aiming to have the next $SAPX updates out next week.
Seven Arts Entertainment
@SAPX_7arts

Mar 24
This will be relevant to some upcoming $SAPX updates, we are preparing.
From techtimes.com
Seven Arts Entertainment
@SAPX_7arts

Mar 6
Per inquiries: We are waiting for $SAPX pink current designation to begin releasing updates. We expect it to be current within the next couple days.
Seven Arts Entertainment
@SAPX_7arts

Feb 27
After a considerable effort, we've been able to retrieve this $SAPX account which was hacked several months ago.
We look forward to resuming communications.
Seven Arts Entertainment
@SAPX_7arts

And that's just since late February of this year, but similar lies have been fed to investors for years (such as getting a Form 10 registration processed and approved).

All lies.

SAPX management keeps kicking its investors in the teeth.

How much of these lies and careless stringing investors along can shareholders take?

I guess they can take a lot more abuse from this documented scamming management.

This scam is for ignorant masochists.
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Hi_Lo Hi_Lo 2 days ago
This has nothing to do with SAPX.

SAPX isn't even mentioned.

This is just more proof of pumpers grasping at straws because of their desperation. One can feel their panic.

Since SAPX hasnt offered news in ages, they takw unrelarmted news and despedately try to attach it to SAPX, but the truth is that it has absolutely nothing to do with this scam.

It's quite sad actually.
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Ecomike 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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Mister Mr Mister Mr 3 days ago
When hi-load is bashing you better be buying!! I make bank buying when hi-load is bashing. Thanks, hi-load!!
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sealskin123 sealskin123 3 days ago
It's finally finished!
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floridaboy floridaboy 3 days ago
Thanks, appreciate it...
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shoondale shoondale 3 days ago
Welcome to the board Reagan.
Remember when I destroyed your great Lithium mine stock scam
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shoondale shoondale 3 days ago
Floridaboy here is the preview (hint you're the cat and JB is the coon):

Jason gonna come through, summer surprise? Yup, of course, as always
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shoondale shoondale 3 days ago
NWGC
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GameStop GameStop 3 days ago
do you earn good money?
I see you work on Sundays too
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Hi_Lo Hi_Lo 3 days ago
Looks like SAPX will be rewarded with the CE after tomorrow.

If it does happen, it couldn't have happened to a better scam.

https://tinyurl.com/ypjbnach
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Hi_Lo Hi_Lo 3 days ago
Hi_Lo can I ask you what job you do?
I expose stock fraud like the one being perpetrated by SAPX management.
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sealskin123 sealskin123 3 days ago
Looks like SAPX will be rewarded with the CE after tomorrow.
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jimr1717 jimr1717 3 days ago
Great DD but they forgot to tell you that they hired ECONmike™ to pump the stock.

No one is Fooled
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GameStop GameStop 3 days ago
Hi_Lo can I ask you what job you do?😊
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Hi_Lo Hi_Lo 3 days ago
Looking back at this SAPX press release from over a year ago (April 10, 2024), let's look at all of SAPX managemt's lies in just this one document.

https://www.nasdaq.com/press-release/seven-arts-entertainment-inc.-announces-multi-million-dollar-revenue-merger-and-up

the Company has strategically positioned itself for significant, immediate and long-term success.

"Significant?" Where?

"Immediate?" When? That press release is over a year old.

"Long-term success?" Where?

Pursuant to ongoing merger negotiations, which requires the Company to provide audited financial statements

SAPX has never filed audited financial statements and continues to file unaudited financial statements.

in the best interest of Seven Arts and its shareholders to expedite these expectations and rapidly execute on its previously announced intent to up-list to full SEC reporting.

The "expidited" up-list to full SEC reporting never happened.

the Company is actively working with its audit firm.

An audit for a stinky pinky OTC stock doesn't take years to do unless there are major problems with the audit...and SAPX continues to file unaudited financial statements.

Seven Arts continues to pursue new assets, revenue streams and negotiations with several major studios.

What "several major studios?"

Except for the Lionsgate/STARZ deal which is yet another lying scam that has never been acknowledged or verfified by either Lionsgate or STARZ.

Further third-party Agreements, worth in excess of $15mm USD are expected to be announced in the coming days.

Where are the $15 million? Those "agreements" were announced over a year ago and still nothing.

nearly three years of focused commitment are yielding positive outcomes at a continually increasing rate for the Company and its shareholders.

What positive outcome? What increasing rate?

Going forward and in keeping pace with the abundance of Company developments

What "abundance" of company developments?

Seven Arts will be providing regular updates through filings, press releases, shareholder conference calls, and podcasts.

All bullshit. The last podcast was over a year ago and all we get now are standard bullshit X posts with claims of "soon" that have been going on for years.

Management has resolved that routine communications and proactive investor relations will be paramount to the Company's future success.

What "routine communication?" I guess they aren't planning for "future success."

All lies from the lying and scamming three amigos - Mark Miller (convicted felon who controls Capital Capitol Corporation and SAPX note holder), Jason Black (relief defendant in Mark Miller's federal stock fraud court case who received ill-gotten gains from the Mark Miller scam and whose investigation is continuing according to the SEC), and Jason Tucker who also has connections to Mark Miller through all the debt notes that were previously in the name of Capitol Capital Corporation that he transferred to an entity named Via Capital (again another Mark Miller entity) without any appropriate filings or disclosures.

SAPX has scam written all over it - especially being run by the lying and scamming three amigos.
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Hi_Lo Hi_Lo 4 days ago
Lionsgate has never verified and/or confirmed the "deal." with SAPX.

There isn't even a quote from anybody from Lionsgate confirming the deal in the press release like all press releases have when confirming a deal between two companies.

The Lionsgate deal also doesn't appear in any of SAPX'S financial statements.

The Lionsgate "deal" is also complete BS since it's also all predicated on SAPX being able to get a Form 10 (SEC registration statement) approved and it can't because of the missing audited financials from 2016 - 2019, which makes it SEC delinquent, in violation of FINRA Rule 6490 and because of that has a SEC restriction on any SAPX corporate actions (such as a merger) approval.

https://www.accesswire.com/851909/seven-arts-entertainment-inc-announces-multi-million-dollar-revenue-merger-and-up-list-developments

In addition to this preliminary Agreement, Seven Arts and representatives of Lionsgate have initiated discussions to further develop assets, with a particular focus on the burgeoning Atlanta, GA market, which has been home to Seven Arts since 2021. Currently, Lionsgate is undergoing a restructuring, with an emphasis on its Atlanta studios endeavors, which is expected to generate an additional trading symbol. The Company has agreed to withhold efforts to pursue joint news releases until such time that Lionsgate completes this transition.
LIONSGATE STUDIOS TO LAUNCH AS A SEPARATELY TRADED PUBLIC COMPANY (yahoo.com)

Pursuant to ongoing merger negotiations, which requires the Company to provide audited financial statements, management has determined it is in the best interest of Seven Arts and its shareholders to expedite these expectations and rapidly execute on its previously announced intent to up-list to full SEC reporting. To that end, the Company is actively working with its audit firm.



No wonder this Lionsgate "deal" isn't mentioned in the most recent SAPX financial statement. It's because it's all BS.

The Mark Miller, Jason Black and Jason Tucker Capitol Capital Corporation scam continues.

It seems that Jason Black is taking advantage of this Lionsgate transition to further this scam - hence no Lionsgate acknowledgement of this "deal."

Where are the SAPX missing audited financials?

Where is the SAPX SEC approved Form 10?

Where is the mutually acknowledged "deal" with Lionsgate?

They don't exist.
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Hi_Lo Hi_Lo 4 days ago
Let's take a look at all the lies from these documented fraudsters in SAPX management.

Seven Arts Entertainment
@SAPX_7arts
·
Apr 4
We are still awaiting 3rd party approval on the next $SAPX press.
We will work to resolve it over the weekend for release early next week.
Seven Arts Entertainment
@SAPX_7arts
·
Mar 28
Per inquiries, we are aiming to have the next $SAPX updates out next week.
Seven Arts Entertainment
@SAPX_7arts
·
Mar 24
This will be relevant to some upcoming $SAPX updates, we are preparing.
From techtimes.com
Seven Arts Entertainment
@SAPX_7arts
·
Mar 14
With $SAPX now pink current, we are preparing updates. The company has several developments that we're very pleased to announce.
Who to follow

SportsQuest
@SpqsOtc

Mar 6
Per inquiries: We are waiting for $SAPX pink current designation to begin releasing updates. We expect it to be current within the next couple days.
Seven Arts Entertainment
@SAPX_7arts
·
Feb 27
After a considerable effort, we've been able to retrieve this $SAPX account which was hacked several months ago.
We look forward to resuming communications.

And that is just this year. The whole story of SAPX management is to stall and lie.

Nothing they say they will do ever gets done. They are simply pumping and stringing shareholders along.
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Hi_Lo Hi_Lo 4 days ago
When Google Gemini is asked...

Question: Is Mark Miller involved with SAPX?

https://gemini.google.com/app/774e354d60334434

Answer: Based on the search results, Mark Miller has been involved in activities related to publicly traded companies, including those in the penny stock market. Specifically, there are records indicating a connection between Mark Miller and Seven Arts Entertainment, Inc. (SAPX). Here's a summary of the information:

• Financial Activities:

• Public records show that Capitol Capital Corporation, associated with Mark Miller, has been a noteholder in Seven Arts Entertainment, Inc. (SAPX).

• There are records of debt notes previously held by Capitol Capital Corporation being transferred to Via Capital, which then converted those notes into shares of SAPX stock.

• Legal Issues:

• It's important to note that Mark Miller has been involved in legal issues related to securities fraud, including "pump and dump" schemes and the hijacking of inactive penny stock companies. This information comes from reports of SEC charges and criminal indictments.

Therefore, there is information that connects Mark Miller to activities involving SAPX, particularly concerning financial transactions and debt notes. However it is also very important to understand that Mark Miller has had legal issues surrounding his actions within the stock market.
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Hi_Lo Hi_Lo 4 days ago
When Google Gemini is asked...

Question: Is SAPX a scam because of Jason Black?

https://gemini.google.com/app/438cbb7a2a30898c

Answer: Based on the information available, there are serious concerns surrounding the involvement of Jason Black and associated entities with companies like SAPX. Here's a breakdown of the key points:

• Connections to Securities Fraud:

• Jason Black's name appears in connection with schemes involving the hijacking of dormant public shell companies and subsequent "pump-and-dump" operations.

• He's been linked to individuals like Mark Miller, who was sentenced for securities fraud.

• Court documents indicate involvement in questionable financial transactions, including the use of convertible debt notes and the transfer of shares.

• Concerns with SAPX:

• SAPX is among the companies where these concerning financial activities have taken place.

• The transfer of debt notes and the subsequent conversion into large amounts of free-trading stock raise red flags.

• The involvement of entities such as Capitol Capital Corporation, and Via Capital, in the debt conversions, within SAPX, are also causes for concern.

• General Context:

• The overall context involves complex financial maneuvers that can be indicative of fraudulent activity.

• The "pump-and-dump" scheme is a classic form of securities fraud. 1  

1. Pump and Dump Schemes - Investor.gov

www.investor.gov

In conclusion, while definitively labeling SAPX as a "scam" requires formal legal judgment, the documented connections to Jason Black and the associated financial activities raise significant concerns. It is highly advisable to exercise extreme caution when dealing with companies associated with these individuals and transactions.
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Hi_Lo Hi_Lo 4 days ago
https://www.securitieslawyer101.com/2023/shell-hijacker-mark-miller-sentenced-to-one-year-in-prison/

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.

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).

https://www.otcmarkets.com/otcapi/company/financial-report/380284/content

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Hi_Lo 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). 

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.
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Hi_Lo 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.
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Hi_Lo 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. 

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)
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Hi_Lo 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;
 

• 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;
 

• 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;
 

• 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;
 

• 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
 

• 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: May 31, 2023
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Hi_Lo Hi_Lo 4 days ago
Yes do tell, but it's not surprising for that lying, pump and dumping clown.
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sealskin123 sealskin123 5 days ago
Do tell more.
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Ecomike Ecomike 5 days ago
Thanks. I had forgotten the dates for the end of their fiscal year.
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scoobey-do scoobey-do 5 days ago
The late filing report is for the March 2025 Quarterly Report which was due on May 15, 2025. The Late Filing Report says that the March 31, 2025 Quarterly Report will be filed on May 20, 2025. I am looking forward to seeing what the quarterly report says. Good luck to all SAPX investors.
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jimr1717 jimr1717 5 days ago
Perhaps you have “herd” of a Wells Notice
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Ecomike Ecomike 5 days ago
Since when did the 90 days to file an annual report, due on the last day of June 2025, change? Did some one create fake OTC data post and post it here? Did the deadlines change? I have herd no such thing.
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Hi_Lo Hi_Lo 6 days ago
...and was part of a massive pump and dump scheme where he was a refief defendant in a federal stock fraud case where he received ill-gotten gains from the illegal scheme and who's investigation (according to the SEC) is continuing.
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