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Microcap & Penny Stocks : Stateside's Canadian Microcap Board

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From: TheGoldReport	11/15/2015 8:42:49 PM
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SQG: Spackman's movie making big $$$ in Korea. Black Priests, Spackman Entertainment Group's (40E) movie, grossed 27.7 billion Korean Won or $23.4M USD in 10 days since its release. This is going to be huge for 40E which will translate to big $$$ made for SQG when it moves up in price: the-gold-report.blogspot.ca Update November 13: Spackman rose again on Friday to 12.2 cents on record 97 million in volume. Reviewing the chart below shows it has broken out of its downtrend and looks set to move up to 20 cents. The market value of the Spackman shares is $18.86 million SGD or $17.63 million CAD. SQG has about a million in cash, so total NAV of SQG is 12.5 cents per share. Expect that to rise along with 40E. Update November 15: Movie attendance numbers came out for the weekend in South Korea and can be found on this website (you may need Google translate if you don't understand Korean). Black Priests (the movie Spackman Entertainment Group produced) has dominated the theaters in November, grossing 27.7 billion Koran Won in 10 days, about triple of the runner up movie. This translates to $23.4 million USD in revenue in 10 days. Clearly there's a good reason why 40E has been so hot, which will flow through to SQG.

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