Seven Arts Entertainment Inc (PK) (SAPX) News

Oh its shitbags pumper buddy, i dont want anything from shitbag, that boat sailed , its just reality now. I wrote this off as a stupid investment after figuring out captain shitbag actually does nothing, has nothing for plans here except pump for cash after he loads up low again along with people like you. All the talk of short and bashers does nothing to change the reality of what is here. One only needs to look at the financials to see what is here. Why dont you tell us what two movies starz bought, maybe ask your ai for some more bullshit. its very revealing that shitbag fails to mention the names in his pr or 8k.

If it is any wonder for the bashers on this board why they have always gotten picked last - just refer to this last post by e.d.jimbagholder1717.

Lions Fools lmao

Sounds like you are confessing to being a fool?

Seriously?

How many more cheap shares of SAPX are trying to buy?

No one is fooled by your posts

Have you ever had an original thought? What's it like getting picked last from playground games as a kid to now?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174992721

Noted and Correct

Fool me once, shame on you. Fool me twoce, shame on me.

Lionsgate disappeared; Wells notice from the SEC behind the complete vanishing of this phony deal? Absolutely nothing about Lionsgate from the most recent filing:
https://www.otcmarkets.com/otcapi/company/financial-report/406389/content

No one is fooled

$SAPX



$SAPX

We always know we are getting great bargains when the shorts are paying bashers to go full tilt bash-a-thon, with nothing new, on a stock that refuses go lower than the March 2023 low, LOL.

It is sad and funny as hell to watch while I eat more shares.

https://www.wsbtv.com/news/local/douglas-county/new-metro-movie-tv-production-studios-open-early-2024-offer-new-employment-opportunities/2ZI6MZSBEBAK3IG5TDOWJ5RWNI/

Hi_Lo, from your post:

"and Jason Black, Relief Defendants, No. 1:22-cv-03252 (N.D. Ga. filed Aug. 15, 2022)"

Google Search Results for "Relief Defendant"

In the US, a relief defendant is a person named in civil litigation who is not accused of wrongdoing but is alleged to have received ill-gotten gains. They are also known as nominal defendants.

Relief defendants are often innocent parties who hold funds that can be traced to receivership but have no legitimate claim or ownership interest in them. For example, the SEC may seek disgorgement from relief defendants on the theory that they are not being sued individually, but are instead "trustees, agents, or depositories" for the wrongdoer. The SEC may argue that the relief defendants hold assets that are actually fraudulent proceeds from the wrongdoer's conduct.

Relief defendants are parties to an action but have no control over it and no financial interest in its outcome. Because of this, receivers can use summary judgment to disgorge funds from relief defendants without asserting a cause of action, as long as the relief defendants cannot show a legitimate claim to the funds.

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

In the case of SAPX we were lucky to have JB as the CEO

Some CEO - Jason Black CNNA & SAPX CEO

Straight from the SEC:

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



----------


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)

In other words, this is not under JB's sole control on the approval of the PRs. And Major Billion dollar NYSE firm execs and SEC attorneys are not known for speed in this sort of stage.
...or the whole thing could be a sham, which is my bet from the information available...or should I say unavailable.

Lionsgate has never verified and/or confirmed the "deal." with ASPX.

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" is 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.

There are no shorts in this fraud

Nope. It's real.

In the case of SAPX we were lucky to have JB as the CEO, as we got just enough clues to have time to load up.

I like to buy early, before the Mob scene, crowds...

But I know from experience in 2013/2014 that Major mega Billion dollar firms and lawyers, means a pathetic slow pace for approving the final print of a PR for a dual ticker stock, and for completion of major business deals. LionsGate/STARZ is no third rate bottom feeder scam company. It has 3 public company parts to it now.

In 2014 a stock I was in had filed a redacted 8-K on a global billion dollar tech deal, but the firm GE bought in France,
GE's largest competitor Alstom Power's attorneys and VPs, dragged out the PR approval way past the SEC deadlines (months and month not days, or weeks)...

In other words, this is not under JB's sole control on the approval of the PRs. And Major Billion dollar NYSE firm execs and SEC attorneys are not known for speed in this sort of stage. Also, what if major actor's names are involved they must get their approval for wording?

I prefer hints and stepped rallies before the major news... as some morons sell the news.

I have my tickets and front row seats...

Meanwhile, just ignore the sewer rats and slime baler posts of those hankering for weak hand sellers, and praying for help to cover their shorts? .

From the SAPX volume one might comprehend no one is selling. And the largest bid wall ever in OTC stocks is at .0003 saying P1ss off to the endless bashtard posts that are a waste of time and money.

But you are right, no one is fooled by endless bash posts. Shorts are screwed, as it would take years or a run to nickle and at the current volume to cover their shorts. in 1-2 years while bleed cash paying the fees daily to stay short.

No one is fooled

These sh1t bag wanna be day trader bashtards are sounding uber desperate these days.

How can you keep a straight face and say "Shitbag" (the CEO?) "is only a pumper dumper, share seller"." and then B1tch like a 5 year old wanting PR pumps to day trade the stock?

Fifty cents worth of close paint. No One

Is Fooled

It’s QUIET PERIOD!!

Too long without a word from CEO

It looks like this thing is dying on the vine.

Reckon?

Not too far from No Bid!

From the volume one might figure out that No one is Fooled

If the 8k is accurate and according to SEC rules it should be, the recent quiet period could be attributed to the restructuring of Starz causing the negotiations between Starz and SAPX to be delayed.and drawn out.


1.01 Entry into a Material Definitive Agreement
On February 27, 2024, the Company and Lionsgate Entertainment Corporation (“Lionsgate”), through its subsidiary, Starz Media LLC ("Starz"), entered into an amended Output Agreement, whereby, Lionsgate, via Starz, would have exclusive distribution rights over two of the Company's filmed assets through 2034.
Additionally, the parties have entered discussions for Lionsgate's business acquisitions team to review additional film and studio assets the Company has under development in the Atlanta, GA market.
Further details are expected to be provided in upcoming related press releases.

It that is true, looking forward to your rocket pictures in the near future.

"It's coming!"...So may an indictment.

Do the research and find out. I hope not, though. I got too many shares. Do you know how to do research or just rely on everyone elses?

Mr. Mr. Is Jason soon to be indicted?

Look at this beta male dbag post. This is who you bashers are. This is the e.d. team. These poor kids get picked last all their life. Have you seen george sharp? He is who these guys wish they were. lolololol

Mr. Mr. Where is Jason?

Spoken like a bitter bagholder turned hero!

I can promise you he is a turd.

Wow someone dropped a whopping 800 bucks on this and shitbag is crowing. LOL too funny. Just a huge investment! Better send out a press release on that. bwhahahhahaha

Is that why someone just bought 2m shares? Twerp!

It's coming!

.0003 almost.0001 lmao

Mr. Mr., is Jason slapping the ask?

So let me sure I understand what you saying?



Are claiming you are a turd that needs to be revoked? Have you sought therapy for that?

Bashers are in full force. About ready for the next boom! I will slap that ask for more tomorrow.

Mr_Mr, Lionsgate disappeared; Wells notice from the SEC behind the complete vanishing of this phony deal?
https://www.otcmarkets.com/otcapi/company/financial-report/406389/content

Lionsscam

That's right, boy! Post that same article 49 more times!! Do it again, slave!

Lionsgate has never verified and/or confirmed the "deal." with ASPX.

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" is 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/


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)