{"id":224,"date":"2013-03-25T10:53:00","date_gmt":"2013-03-25T10:53:00","guid":{"rendered":"\/?p=224"},"modified":"2013-03-25T19:34:10","modified_gmt":"2013-03-25T19:34:10","slug":"seven-arts-entertainment-inc-otcsapx-resurfaces-as-double-zero-bid","status":"publish","type":"post","link":"\/articles\/seven-arts-entertainment-inc-otcsapx-resurfaces-as-double-zero-bid\/","title":{"rendered":"Seven Arts Entertainment, Inc. (OTC:SAPX) Resurfaces as Double-Zero Bid"},"content":{"rendered":"

Fame is key to the movie and entertainment business, and fame and noise have made the day for the stock of Seven Arts Entertainment, Inc. (OTC:SAPX<\/a>), as the company combined a paid promotion at the end of January with an active series of press releases. The latest addition, the company’s financial information, reminded investors of the ticker and caused the fifth day of buying in a row. \"SAPX0324.png\" <\/p>\n

The price of SAPX<\/a> is extremely affordable at $0.004, and the company added more than 36% on Friday’s trading, starting the new Monday session on a positive note. The story of SAPX<\/a> is weird, starting with highly priced stocks at nearly $1,000 and after a series of splits and past promotions, sliding to highly volatile double zeroes. The current spike is almost negligent, seen in comparison to the longer-term graph, but it may cause shakes for investors that are not fast enough. \"EVCA0324.png\"<\/p>\n

When we last dealt with SAPX<\/a>, it was still a promising, reportedly poised to rise, NASDAQ company, but despite several successful movie releases, the company sank into penny-market obscurity.<\/p>\n

Fundamentally, the entertainment company has little amusements in its balance sheet and other statements:<\/p>\n