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New York, NY -- (SBWIRE) -- 03/11/2013 -- Seven Arts Entertainment Inc (PINK:SAPX) shares increased 17.78% to $0.0053. The company, on Feb. 20, announced its results of operations for the quarter ended December 31, 2012. The Company recorded a gross loss of ($84,288) on total revenue of $182,797 for the quarter ended December 31, 2012 compared to a gross loss of ($412,686) on revenues of $207,790 for the quarter ended December 31, 2011. The Company's net loss increased to ($1,799,894) from ($1,099,422) principally because of two start-up businesses and an increase of interest expense to $933,939 from $328,942, primarily as interest on the loan utilized for the leasehold improvements at the Company's post production facility at 807 Esplanade Avenue in New Orleans was not included in the 2011 expense.
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Central European (NASDAQ:CEDC) is -0.1711 - -29.96% from the previous close of $0.5711. It traded between $0.3857 - 0.5746 with total traded volume of 7466293 shares. Keep a close eye on CEDC, as the stock has been showing unusual moves over the past weeks. At Current market price, CEDC has recovered +2.56% from its 52-week Low of 0.39 and has Pulled back -93.07% from its 52-week high of 5.77.
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Prospect Global Resources, Inc. (NASDAQ:PGRX) a development stage company that engages in the exploration, development, and mining of potash in the United States closed down in its previous session (-21.49%) on 1,266,096 shares traded after Prospect Global announced the appointment of Damon G. Barber as President and Chief Executive Officer, effective immediately. Prospect Global Resources, Inc. (NASDAQ: PGRX) are currently down (-91.14%) from its recent 52-week high which has prompted Growing Stock Report to add the stock to their NASDAQ Decliners Watch List.
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Skullcandy, Inc. (NASDAQ:SKUL) a company that develops and distributes headphones and other audio accessories to retailers in the United States and to distributors internationally closed down in its previous session (-22.47%) on 7,433,453 shares traded after warning that it would report a loss in the first quarter and big drop in sales. Skullcandy, Inc. (NASDAQ:SKUL) is currently down (-71.51%) from its recent 52-week high which has prompted Growing Stock Report to add the stock to their NASDAQ Decliners Watch List.
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