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Traders Jump On Seven Arts Pictures (SAPX) On New Picture Release

August 17, 2011 9:27 AM EDT
Seven Arts Pictures plc (Nasdaq: SAPX) is jumping higher in pre-open action after announcing the release of a new movie "The Pool Boys."

Shares are up 37 percent currently.

From the Release:
Cinedigm Entertainment Group (NASDAQ: CIDM) will release the Film theatrically on between 75 to 100 screens in the top fifty markets on September 30, 2011. Entertainment One, which acquired North American home entertainment and digital rights for the Film, will then release "The Pool Boys" on DVD, Blu-ray and digital platforms in December.

"The Pool Boys" is the hilarious new comedy from the makers of "American Pie." Starring Matthew Lillard, Brett Davern, Efren Ramirez, Rachel LeFevre and Tom Arnold, the film chronicles the playful mischief that results when a pool boy and a gardener and some women practicing the world's oldest profession throw a massive party in the empty home of one of their clients.


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