
OTCBB: SAPXF

Unknown reverse-merger that only recently began trading!
This is Scott Gibson, managing principal at Heritage First Capital.
As .com publishers of MicrocapMoney and TripleCrownStocks, I highly recommend you read the condensed 8-page Cohen Report (click .pdf icon) to confirm the trailing twelve month (TTM) fundamental numbers for this rare ‘one-out-of-a-thousand’ bulletin board listed company with 2007 EPS of $0.05.
Seven Seas Pictures’ fiscal year end is changing from March to June and will reflect such for the 2008 10-K due out shortly. As a result, FY08, ending June 30, 2008 includes 15 months.
Since actual revenue and earnings performance trump the greatest story ever told, you’ll have to pull up their symbol to find out what SAPXF does and who is involved with them.
Here’s a sneak peek of the latest research on Seven Seas:
Actual 2007 Revenues: $11,758,578 Net Earnings: $1,934,260 EPS: $0.05
Since fiscal ’09 began July 1, 2008, let’s peek at current year 2009 estimates.
FY09E: Revenues: $34.7 million Earnings: $8.49 million Fully-Diluted EPS: $0.26