Seven Arts Entertainment Inc (PK) (SAPX) Quote

gamestop, maybe do a quick google on who owns sapx movies. will help a lot, maybe take a look at the balance sheet. or maybe just look at the stock price to get an idea of how much people belive the deal.

No one yet to give a concrete answer:

Why make a fake deal with Lionsgate at the SEC?
Because Lionsgate has allowed this fake deal to be on the record for a year.

Seven Arts Entertainment Inc. (Form: 8-K, Received: 04/01/2024 10:11:59)
3440 Oakcliff Road, Suite 104, Atlanta, GA 30340(Address of Principal Executive Offices) (ZIP Code)
( 770) 866-6250


UNITED STATES

SECURITIES AND STOCK EXCHANGE COMMISSION

20549, Washington, DC

_________________



FORM 8-K

_________________



CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934



Report date (date of first reported event): February 27, 2024

Lionsgate must have no idea a pissant like $SAPX even exists.

I don't know how it will end but the agreement was registered with the SEC and not on a forum

The Company recently entered into an Amended Agreement with Lionsgate Entertainment for approximately $8 million of the Company's film assets. https://www.otcmarkets.com/filing/html?id=17415631&guid=yzQ-kHlLxd1joVh

In addition to this preliminary agreement, Seven Arts and Lionsgate representatives have entered into discussions to further develop the business, with a focus on the thriving Atlanta, GA market, which is home to Seven Arts since 2021. Currently, Lionsgate is undergoing a restructuring, with a emphasis on its efforts in the Atlanta studios, which should generate an additional trading symbol. The Company has agreed to suspend efforts to pursue joint press releases until Lionsgate completes this transition.
LIONSGATE STUDIOS TO LAUNCH AS SEPARATELY LISTED PUBLIC COMPANY (yahoo.com)

100% Correct again

dear friend, here we are not just talking about a press release but about an official report filed with the SEC in February 2024

Because Liongate is most likely not even aware of the "press release" and the so-called "partnership."

The three amigos have a long history of scamming penny stock investors.

A major company like Lionsgate could not allow a deal with a small company to be filed with the SEC if the deal was false or non-existent.
The settlement file was filed a year ago

he always writes the same old news but never answers a simple question: why register a settlement with the SEC if it was fake news?
Why doesn't Lionsgate ask the SEC to expunge the SEC file if the deal is fake

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 though not mentioned in this particular scam) 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.

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

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.

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)

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 Autoritƒ© des Marchƒ©s Financiers, the Hong Kong Securities and Futures Commission, the Mauritius Financial Services Commission, the Ontario Securities Commission, the Quebec Autoritƒ© des Marchƒ©s Financiers, the Royal Canadian Mounted Police, the Securities Commission of the Bahamas, the Sƒ»retƒ© du Quƒ©bec, the Superintendencia del Mercado de Valores de la Repƒºblica 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

It is very hard to accept logic coming from an individual that lacks the ability to comprehend what a "relief defendant" is.

"The most logical reason is"

Repeating calling someone a criminal who was not accused of any wrong going is highly illogical.

You have a long history of getting things wrong,

they always repeat the same words but they don't answer one question: why register an agreement with the SEC if it was fake news?
Why doesn't Lionsgate ask the SEC to delete the SEC file if they agree it's fake?

since there has been nothing but silence
The most logical reason is that nothing is really being done by the scamming amigos - Mark Miller, Jason Black and Jason Tucker.

They have a long history of doing penny scams.

If there was a flood of tweets or PRs since the 8K release I might agree with you. but since there has been nothing but silence since it seems more logical that there is something there and it will be known after a period when Starz becomes its own company.

Reckon we will see soon enough

There is not a snowballs chance in hell that is going to happen!

Logic says they would not. Logic says that Lionsgate wouldn't let it stand...

Anyone answer me?
Thank you

-If the news of the deal with Lionsgate was false, why register it with the SEC?

Quarterly report for SAPX due 2/15... They'll need two quarterly reports filed to get current

It won't matter! SAPX is a complete write off!

I only mentioned it because the filing maybe near

I'm not interested enough to look if you don't think its important enough to post.

The numbers have been updated on the OTC page on the weekend

If the news of the agreement with Lionsgate was false, why register it with the SEC?

Here is your BINGO mate! Not one comment because there is no point!

Bingo

I disagree.

In the mean time it is not doing much for SAPX is it?[


It has established an opening ten year partnership with a yet to be formed billion dollar company.

On February 27, 2024, the Company and Lionsgate Entertainment Corporation ("Lionsgate"), through its subsidiary Starz Media LLC ("Starz"), entered into an Amended Production Agreement, pursuant to which Lionsgate, through Starz, would had exclusive distribution rights on two of the Company's filmed assets until 2034.
Additionally, the parties have entered into negotiations for Lionsgate's corporate acquisitions team to review additional film and studio assets the company has in development in the Atlanta, Georgia market.


The deal is with Starz a company that has yet to become it own company and once it does Starz CEO Jeff Hirsch states:
:
“I do think there’s an opportunity once we separate, once we have our own balance sheet and a currency, to go out and acquire some of those linear assets.

So until proven other wise it has and is doing something for SAPX, it has opened the door to the possibility of a great future.

It's been registered for a year
February 2024
But the question is: if it wasn't reliable news (also known to Lionsgate), why did the SEC record it?

I think it will eventually get removed. In the mean time it is not doing much for SAPX is it?

thanks to those who answer seriously

you still don't answer: why the SEC allows you to register a SEC file with fake news on an agreement with Lionsgate.

You are kicking a dead horse man! But it is a free country.

8-K 1 settearti_8k.htm FORM 8-K


UNITED STATES

SECURITIES AND STOCK EXCHANGE COMMISSION

20549, Washington, DC

_________________



FORM 8-K

_________________



CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934



Report date (date of first reported event): February 27, 2024

_______________________________



Entertainment company Seven Arts Inc.

(Exact name of the registrant as specified in its statute)

_______________________________



Wyoming Phone Number: 001-34250 Phone Number: 45-3138068
(State or other jurisdiction (Commission (IRS employer
of incorporation) File number) Identification number)


3440 Oakcliff Road, Suite 104, Atlanta, GA 30340

(Address of Principal Executive Offices) (Postal Code)



(770) 866-6250



1.01 Entering into a substantial definitive agreement



On February 27, 2024, the Company and Lionsgate Entertainment Corporation ("Lionsgate"), through its subsidiary Starz Media LLC ("Starz"), entered into an Amended Production Agreement, pursuant to which Lionsgate, through Starz, would had exclusive distribution rights on two of the Company's filmed assets until 2034.



Additionally, the parties have entered into negotiations for Lionsgate's corporate acquisitions team to review additional film and studio assets the company has in development in the Atlanta, Georgia market.



It is expected that further details will be provided in future related press releases.











SIGNATURES

In accordance with the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, duly authorized to do so.



Entertainment company Seven Arts Inc.
By /s/ Jason Nero

Name: Jason Black

Title: Director/CEO

Date: April 1, 2024


https://www.sec.gov/edgar/search/#/q=Seven%2520arts%2520entertainment&dateRange=1y&ciks=0001408276&entityName=Seven%2520Arts%2520Entertainment%2520Inc.%2520(CIK%25200001408276)

So you're saying that the SEC allows the recording of fake news?

It really doesn't matter at this point. It is what it is, absolute junk! Pretty soon there won't even be any posts about it. It will just go dormant until the next scam!

The SEC file of the agreement between Seven Arts Entertainment and Lionsgate through Starz is officially filed with the SEC
If it was fake news, don't you think the SEC would have deleted or removed it?

I do believe that was the reason for that amended filing yesterday...

I wonder how quick will the shareholders proxy vote take. I know there were some groups that didn't want to split. Enough shares could quiet that though

Amended filing was needed it appears... https://cordcuttersnews.com/lionsgate-moves-closer-to-splitting-starz-off-into-its-own-company/

It may be time to Revoke all of these Frauds.

Nada, zilch...

No love for SAPX today!

I do, reckon we will see man

Don't think it will have any impact on SAPX

Lionsgate/ Starz split by end of month?