Peter Hoffman, CEO, and Michael Garstin, President of Seven Arts Pictures PLC (SAPX), preside over the NASDAQ Opening Bell.
About Seven Arts Pictures PLC (SAPX):
Seven Arts Pictures is an independent motion picture production company engaged in developing, financing, producing and licensing theatrical motion pictures with budgets in the range of $5 million to $15 million for exhibition in domestic (i.e. the United States and Canada) and foreign theatrical markets, and for subsequent post theatrical worldwide release in other forms of media, including DVD, home video, pay-per-view, and free television. Our recent domestic theatrical releases include Deal (April 2008), Noise (April 2008) and Autopsy (January 2009), all three of which received limited U.S. theatrical releases. We have completed the production of, and expect to release for domestic theatrical exhibition three additional motion pictures by fiscal year 2009, notably The Pool Boys, Nine Miles Down and Night of the Demons. We currently have five motion pictures in development that we anticipate will be released within the next two to three years: Catwalk, Neuromancer; Mortal Armor: The Legend of Galahad; Romeo Spy, and The Winter Queen. As a result of both licensing of distribution rights prior to completion as well as the use of tax-preferred financing, our released motion pictures have generated substantial gross profit margins from post-theatrical markets (i.e. video and television distribution). We expect that certain of these pictures, which we intend to release over the next two to three years, will obtain a wide theatrical release.
About NASDAQ OMX:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with over 3,900 listed companies. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; NASDAQ OMX Nordic, NASDAQ OMX Baltic, including First North; and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs.
NASDAQ OMX Group technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.
| Copyright | Disclaimer | Trademarks | Privacy Statement | Contact Us | Help | Search |
