Seven Arts Enter Stock Price, News & Analysis

Seven Arts Entertainment Inc. (OTC PINK:SAPX) has announced a Memorandum of Understanding to develop a Sci-Fi feature film, primarily with a team based in Atlanta and directed by Andrew Burn. The film's success is expected due to a supporting cast with strong social media influence, totaling approximately 5 million subscribers. CEO Jason Black expressed optimism regarding securing a major streaming network for the film, emphasizing preparations for pre-production have already begun. Additional cast announcements are forthcoming as agreements are finalized.

Seven Arts Entertainment Inc. (SAPX) has secured a $1.5 million credit line aimed at funding future film and music projects. The agreement allows funds to be drawn in tranches over the next six months, with repayment sourced from revenue and royalties generated by upcoming productions. The company is currently negotiating with music artists for label representation and has plans for several feature films. CEO Jason Black noted this funding is crucial for revitalizing the brand and enhancing shareholder value, anticipating imminent announcements regarding new projects.

Seven Arts Entertainment Inc. (OTC PINK: SAPX) has announced updates regarding its subsidiary, Muse Media. The company recently launched a new website, www.musemediaent.com, aimed at revitalizing the multimedia and entertainment industry. Muse Media, based in Atlanta, will function as a satellite for Seven Arts, focusing on indie productions, music A&R, and social media initiatives. CEO Jason Black expressed confidence in Muse's potential to disrupt traditional entertainment development and meet the growing demand for fresh content.

Seven Arts Entertainment Inc. (OTC PINK:SAPX) has successfully achieved Pink Current reporting status with OTC Markets after six years of dormancy. New management took control, verified with OTC, and published current financial reports within just 11 weeks. In addition to improving compliance, management is focused on developing future operations and revenue through subsidiaries. CEO Jason Black expressed optimism about the Company’s potential in various media markets, including feature films, streaming, and more. Further updates on operations and revenue strategies are anticipated soon.

Seven Arts Entertainment (OTC PINK:SAPX) has announced a shareholder update emphasizing its progress in becoming current in its annual filings. The company is awaiting access to OTC Markets for submission of necessary documents, crucial to avoid delisting. Additionally, it has initiated a plan to limit the number of authorized common shares and is working on reducing outstanding shares, although progress is currently hindered by a missing certificate. CEO Jason Black expresses confidence in meeting deadlines and providing relief to shareholders.

Seven Arts Entertainment Inc. (SAPX) announces its acquisition of Muse Media LLC, a film and music studio based in Atlanta, aimed at expanding production capacity and revenue streams. Muse Media offers a range of services from broadcast commercials to music videos, providing a semi-recurring revenue model alongside major feature productions. The studio will be led by award-winning cinematographer Matt Bryant, enhancing the quality and appeal of Seven Arts' content. This strategic move positions the company to leverage industry trends and capitalize on Atlanta's growing entertainment market.

Seven Arts Entertainment Inc. (OTC PINK: SAPX) has announced updates on its operations as of July 12, 2021. The company has commenced production on a documentary film focused on the music industry, with interviews across Southern California, Nevada, and planned future locations including Utah and Texas. A new website has been launched, and efforts are underway to enhance its cinema presence under new management. Additionally, the company has completed its OTC Markets application to meet reporting obligations. This progress is communicated by CEO Jason Black, emphasizing the commitment to keep shareholders informed.

Seven Arts Entertainment Inc. (OTC PINK: SAPX) announced the hiring of Thom Hazaert to lead its Seven Arts Music subsidiary. With over 25 years of experience in the music industry, Hazaert has previously worked with major artists including Linkin Park and DMX. His initial task will be to manage the master recordings of DMX and collaborate with his estate on a tribute album. CEO Jason Black expressed enthusiasm for Hazaert's expertise in enhancing the company's music library.

Seven Arts Entertainment Inc. (OTC PINK: SAPX) provided a shareholder update on June 14, 2021, announcing Jason Black as the new CEO. Black aims to restore the company's status and recover significant assets in film and music. The company is revisiting its original business model after a turbulent past and addressing past management issues, including settling $35,000 in Transfer Agent fees. SAPX is in discussions with a production company to pursue streaming opportunities, moving away from conventional theatrical releases.