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Seven Arts Entertainment Inc (SAPX.PK)

SAPX.PK on OTC Markets Group

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Seven Arts Entertainment acquires Cash Ready ATM Inc
Wednesday, 27 May 2015 08:00am EDT 

Seven Arts Entertainment Inc:Says the execution of a stock purchase agreement under which the company will acquire Cash Ready ATM Inc (CRAI).Pursuant to the agreement, the company will acquire all the capital stock of CRAI for the company's Series E Preferred Stock converting into the company's common stock.Post closing, CRAI will continue to be managed by its current management team and will operate as a wholly owned subsidiary of the company.Closing is expected to be in the next few weeks.  Full Article

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