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Seven Arts Entertainment Inc (PK)

Seven Arts Entertainment Inc (PK) (SAPX)

0.0003
0.00
(0.00%)
Closed February 08 4:00PM

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
0.0003
Bid
0.0002
Ask
0.0004
Volume
1,384,354
0.0002 Day's Range 0.0004
0.0001 52 Week Range 0.0015
Market Cap
Previous Close
0.0003
Open
0.00025
Last Trade
10000
@
0.0003
Last Trade Time
Financial Volume
$ 326
VWAP
0.000236
Average Volume (3m)
2,624,077
Shares Outstanding
2,040,000,000
Dividend Yield
-
PE Ratio
0.00
Earnings Per Share (EPS)
-
Revenue
-
Net Profit
81k

About Seven Arts Entertainment Inc (PK)

Seven Arts Entertainment produces Film and Music Seven Arts Entertainment produces Film and Music

Sector
Motion Pic, Videotape Prodtn
Industry
Jewelry,silverware,plated Ware
Headquarters
Atlanta, Georgia, USA
Founded
2004
Seven Arts Entertainment Inc (PK) is listed in the Motion Pic, Videotape Prodtn sector of the OTCMarkets with ticker SAPX. The last closing price for Seven Arts Entertainment (PK) was $0. Over the last year, Seven Arts Entertainment (PK) shares have traded in a share price range of $ 0.0001 to $ 0.0015.

Seven Arts Entertainment (PK) currently has 2,040,000,000 shares outstanding. The market capitalization of Seven Arts Entertainment (PK) is $612,000 .

SAPX Latest News

Seven Arts Entertainment Inc. Announces Results Of Operations For The Fiscal Year Ended June 30, 2013

Seven Arts Entertainment Inc. Announces Results Of Operations For The Fiscal Year Ended June 30, 2013 PR Newswire LOS ANGELES, Oct. 17, 2013 LOS ANGELES, Oct. 17, 2013 /PRNewswire/ -- Seven Arts...

Seven Arts Entertainment, Inc. (SAPX: OTCQB) | Symbol Change

Wed, Oct 16, 2013 12:00 - Seven Arts Entertainment, Inc. (SAPX: OTCQB) - Symbol Change - The symbol, SAPX, is no longer a valid symbol for Seven Arts Entertainment, Inc.. As of Wed, Oct 16, 2013...

Deleted Symbol

Wed, Oct 16, 2013 12:00 - Seven Arts Entertainment, Inc. (SAPX: OTCQB) - Deleted Symbol - As of Wed, Oct 16, 2013, SAPX is no longer a valid symbol. You may find a complete list of deleted symbols...

Seven Arts Entertainment, Inc. (SAPX: OTCQB) | Splits

Wed, Oct 16, 2013 12:00 - Seven Arts Entertainment, Inc. (SAPX: OTCQB) - Splits - Effective Wed, Oct 16, 2013, SAPX: OTCQB engaged in a rev split. As a result of the split, shs decreased by 1 for...

Ex-Dividend

Tue, Oct 15, 2013 08:00 - Seven Arts Entertainment, Inc. (SAPX: OTCQB) - Ex-Dividend - As of Wed, Oct 16, 2013, Seven Arts Entertainment, Inc. traded ex-dividend. Seven Arts Entertainment, Inc...

Scheduled Ex-Dividend

Tue, Oct 15, 2013 08:00 - Seven Arts Entertainment, Inc. (SAPX: OTCQB) - Scheduled Ex-Dividend - Seven Arts Entertainment, Inc. has announced a dividend ex-date for (SAPX: OTCQB). Seven Arts...

French Quarter Film House To Host Welcome Party For Film Makers At The New Orleans Film Festival

French Quarter Film House To Host Welcome Party For Film Makers At The New Orleans Film Festival PR Newswire LOS ANGELES, Oct. 11, 2013 LOS ANGELES, Oct. 11, 2013 /PRNewswire/ -- Seven Arts...

Schism Premiere to be Held During Screamfest

Schism Premiere to be Held During Screamfest PR Newswire LOS ANGELES, Oct. 11, 2013 LOS ANGELES, Oct. 11, 2013 /PRNewswire/ -- Seven Arts Entertainment Inc. (OTCQB: SAPX) ("Seven Arts" or the...

Seven Arts Entertainment Inc. Announces Resignation Of Vince Vellardita As Chairman And Director

Seven Arts Entertainment Inc. Announces Resignation Of Vince Vellardita As Chairman And Director PR Newswire LOS ANGELES, Sept. 4, 2013 LOS ANGELES, Sept. 4, 2013 /PRNewswire/ -- Seven Arts...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1000.00030.00040.000210390100.0003CS
4000.00030.00040.000217206560.00030586CS
12-0.0001-250.00040.00040.000226240770.00031973CS
26-0.00015-33.33333333330.000450.00060.000176648320.00032329CS
52-0.0004-57.14285714290.00070.00150.000192063280.00061706CS
156-0.0021-87.50.00240.00380.0001106055600.00091729CS
2600.00022000.00010.01221.0E-6129208780.00206771CS

SAPX - Frequently Asked Questions (FAQ)

What is the current Seven Arts Entertainment (PK) share price?
The current share price of Seven Arts Entertainment (PK) is $ 0.0003
How many Seven Arts Entertainment (PK) shares are in issue?
Seven Arts Entertainment (PK) has 2,040,000,000 shares in issue
What is the market cap of Seven Arts Entertainment (PK)?
The market capitalisation of Seven Arts Entertainment (PK) is USD 612k
What is the 1 year trading range for Seven Arts Entertainment (PK) share price?
Seven Arts Entertainment (PK) has traded in the range of $ 0.0001 to $ 0.0015 during the past year
What is the reporting currency for Seven Arts Entertainment (PK)?
Seven Arts Entertainment (PK) reports financial results in USD
What is the latest annual profit for Seven Arts Entertainment (PK)?
The latest annual profit of Seven Arts Entertainment (PK) is USD 81k
What is the registered address of Seven Arts Entertainment (PK)?
The registered address for Seven Arts Entertainment (PK) is 3440 OAKCLIFF ROAD, SUITE 104, ATLANTA, GEORGIA, GA 30340
What is the Seven Arts Entertainment (PK) website address?
The website address for Seven Arts Entertainment (PK) is www.sevenartsentertainment.com
Which industry sector does Seven Arts Entertainment (PK) operate in?
Seven Arts Entertainment (PK) operates in the JEWELRY,SILVERWARE,PLATED WARE sector

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SAPX Discussion

View Posts
Hi_Lo Hi_Lo 8 hours ago
Why does a government body like the SEC and a large corporation like Lionsgate allow news of a fake deal to be recorded.
Because they are not aware of it (both the SEC and Lionsgate).

The SEC doesn't fact check 8Ks for truthfulness. That is not their job. That is the company management's job and with a set of scammers in SAPX management, well no surprise there.

Besides what SAPX has said about the Lionsgate "deal," show us proof of this SAPX and Lionsgate deal from another source (especially Liongate itself).

You can't because it's a SAPX fabrication.
👍️0
GameStop GameStop 14 hours ago
I still don't see any concrete answer to this simple question:

Why does a government body like the SEC and a large corporation like Lionsgate allow news of a fake deal to be recorded.
👍️0
jimr1717 jimr1717 21 hours ago
That’s more malarkey than you can shake a stick at
👍️ 1
Hi_Lo Hi_Lo 23 hours ago
Even if you can not see something, it doesn't mean it it isn't there!
Logic (and the scientific method) holds that if you can't see something, it most likely isn't there.

But people who lie and pump bullshit wouldn't know that...but you'll learn...a very expensive lesson (about the truth)...soon.
👍️0
Ecomike Ecomike 1 day ago
Even if you can not see something, it doesn't mean it it isn't there!

👍️0
Ecomike Ecomike 1 day ago
When you know what you know, you just sit back and wait for the news bombs, like I do.

The Bashers are frustrated that they can not get any proof that the Lions Gate / STARZ deal is not real, So they spam the sh*t out of this bored with BS, while I just keep accumulating more shares.
👍️0
Ecomike Ecomike 1 day ago
We know, what we know.
👍️0
Hi_Lo Hi_Lo 1 day ago
Has anyone on this board ever bothered or successfully been able to reach and confirm this information from within either company? If that can’t be done then all of this is a moot point

Yeah, like they're going to admit to committing penny stock fraud.

Get real.
👍️0
threebabiesbusy threebabiesbusy 1 day ago
Has anyone on this board ever bothered or successfully been able to reach and confirm this information from within either company? If that can’t be done then all of this is a moot point and seems to be insane to continue to think something that cannot be verified and confirmed. Micro penny stocks deals like that are not what you would call confidential in nature. Jmho…GLTYA
👍️0
threebabiesbusy threebabiesbusy 1 day ago
Checking in to see how this dog is doing? Looks like this year‘s been a complete dud. I do not get the appeal?
👍️ 1
floridaboy floridaboy 1 day ago
Reckon once Starz officially splits up with Lionsgate we will see what happens
👍️0
shoondale shoondale 1 day ago
It has absolutely nothing to do with $SAPX. Not a word from the last filing. Not a mention. It is not there because it never happened.
https://www.otcmarkets.com/otcapi/company/financial-report/416786/content
🎯 1 👍️ 1
GameStop GameStop 2 days ago
From the way Ciao-lo responds, news of false agreements can also be recorded at the SEC 🤔
👍️0
Hi_Lo Hi_Lo 2 days ago
I think
You thought wrong.
👍️0
floridaboy floridaboy 2 days ago
Looks like it will be a couple more months before Starz officially becomes it's own entity...
https://deadline.com/2025/02/television-production-library-motion-picture-lionsgates-starz-earnings-1236280665/

The plus is of course that the Lionsgate/ Starz split is still going forward
👍️0
GameStop GameStop 2 days ago
It would be nice to see serious topics here and not personal opinions

I think that no false agreement could be officially recorded in the archives of a government body such as the SEC

then the fact that the stock shares almost zero is another matter
👍️0
drugmanrx drugmanrx 2 days ago
Jimbo is Starz its own company yet?

see any revenue from this 8 mil deal

Directly from Starz CEO of 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.

Difference between you and me is I back my opinion with objective logical not childish name labeling " keep on pumping pumper"

I asked you a direct question, How about an adult answer..

Do you believe a company like Lionsgates doesn't research who owns what before they sign a ten year deal?
👍️0
Anticipating Anticipating 2 days ago
“Lionsgate has never verified and/or confirmed the "deal." with SAPX”

Has Lionsgate ever denied the 8K put out by SAPX? 😵‍💫
👍️ 1
Hi_Lo Hi_Lo 2 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 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.
👍️0
Hi_Lo Hi_Lo 2 days ago
Correct. SAPX is a scam being perpetrated by Mark Miller, Jason Black and Jason Tucker.

Mark Miller and Jason Black have a long relationship and history of perpetrating penny stock scams MEDH, IGEX and CNNA to name a few. Mark Miller was found guilty of stock fraud and recently spent a year in federal prison. Jason Black was a relief defendant in another SEC court action.

Straight from the SEC website:

https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25469

More on Mark Miller:

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.
👍️0
jimbo36 jimbo36 2 days ago
see any revenue from this 8 mil deal , didnt think so. says entered a amended output for 2 films. So revenue should be flowing. first gotta have 2 films though. This is same all the rest of his lame brain tweets on things that are going to happen but never do. Hows that studio that should be showing up as an asset going. see any revenue from it. Nahhh keep on pumping pumper
🎯 1 👍️ 1 🤢 1 🤥 1
drugmanrx drugmanrx 3 days ago
Do you believe a company like Lionsgates doesn't research who owns what before they sign a ten year deal?

"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".

I don't!

Really then point to me where the assets are then. If there were movies in sapx assets i woud put a 100k here.
👍️ 1 💥 1 💯 1 😲 1 🚀 1
jimbo36 jimbo36 3 days ago
Really then point to me where the assets are then. If there were movies in sapx assets i woud put a 100k here. But there is not. Simple search of old sapx movies shows who owns them. And its not shitbag
👍️ 1
drugmanrx drugmanrx 3 days ago
It doesn't matter if anyone believes the deal at this time or not,

"just look at the stock price to get an idea of how much people belive the deal."

If the deal is real (which I believe it is based on the legal obligation of a SEC 8K) then after a period of time Starz is allowed to be it own company revenue should start appearing in SAPX financials and the stock price appreciation should take care of itself.

From the mouth of the buying partner

CEO of Starz 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.
👍️ 1 💥 1 💯 1 🥰 1 🥳 1
GameStop GameStop 3 days ago
sure, I will
However, I would like to know why they registered an agreement with the SEC if the news is false
👍️ 1 😍 1 😎 1 🤗 1 🤣 1
jimbo36 jimbo36 3 days ago
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.
👍️0
GameStop GameStop 4 days ago
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
👍️ 1 💥 1 💯 1 😎 1 🚀 1
shoondale shoondale 4 days ago
Lionsgate must have no idea a pissant like $SAPX even exists.
🎯 1 👍️ 1
GameStop GameStop 4 days ago
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)
👍️ 1 💥 1 💯 1 🥰 1
jimr1717 jimr1717 5 days ago
100% Correct again
👍️0
GameStop GameStop 5 days ago
dear friend, here we are not just talking about a press release but about an official report filed with the SEC in February 2024
👍️0
Hi_Lo Hi_Lo 5 days ago
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.
🎯 1 💯 1
GameStop GameStop 5 days ago
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
👍️ 1
GameStop GameStop 5 days 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
👍️ 1
Hi_Lo Hi_Lo 5 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 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.
👍️0
Hi_Lo Hi_Lo 5 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

👍️0
Hi_Lo Hi_Lo 5 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.
👍️0
Hi_Lo Hi_Lo 5 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)
👍️0
Hi_Lo Hi_Lo 5 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 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
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drugmanrx drugmanrx 5 days ago
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,
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GameStop GameStop 5 days ago
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?
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Hi_Lo Hi_Lo 5 days ago
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.
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drugmanrx drugmanrx 5 days ago
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.
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floridaboy floridaboy 6 days ago
Reckon we will see soon enough
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sealskin123 sealskin123 6 days ago
There is not a snowballs chance in hell that is going to happen!
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floridaboy floridaboy 6 days ago
Logic says they would not. Logic says that Lionsgate wouldn't let it stand...
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GameStop GameStop 6 days ago
Anyone answer me?
Thank you

-If the news of the deal with Lionsgate was false, why register it with the SEC?
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floridaboy floridaboy 6 days ago
Quarterly report for SAPX due 2/15... They'll need two quarterly reports filed to get current
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sealskin123 sealskin123 6 days ago
It won't matter! SAPX is a complete write off!
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TerraRyzing TerraRyzing 6 days ago
I only mentioned it because the filing maybe near
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