0001019687-11-000859.txt : 20110315 0001019687-11-000859.hdr.sgml : 20110315 20110314200238 ACCESSION NUMBER: 0001019687-11-000859 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20110315 DATE AS OF CHANGE: 20110314 GROUP MEMBERS: ISAAC CAPITAL GROUP LLC GROUP MEMBERS: NEGOTIART OF AMERICA INC. FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Isaac John CENTRAL INDEX KEY: 0001512469 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: 501 W. BROADWAY STREET 2: SUITE A212 CITY: SAN DIEGO STATE: CA ZIP: 92101 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Seven Arts Pictures PLC CENTRAL INDEX KEY: 0001408276 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812] IRS NUMBER: 000000000 STATE OF INCORPORATION: X0 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-86136 FILM NUMBER: 11686871 BUSINESS ADDRESS: STREET 1: 2 - 3 FAREHAM STREET CITY: LONDON STATE: X0 ZIP: SW6 7HJ BUSINESS PHONE: 44 020 7043 5394 MAIL ADDRESS: STREET 1: 2 - 3 FAREHAM STREET CITY: LONDON STATE: X0 ZIP: SW6 7HJ SC 13G 1 sevenarts_sc13g-031411.htm SEVEN ARTS PICTURES PLC sevenarts_sc13g-031411.htm
SCHEDULE 13G

CUSIP No.
  
    Page 1 of 9 Pages
  
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549
 
____________
 
SCHEDULE 13G
 
 
Seven Arts Pictures PLC
(Name of Issuer)
 

Ordinary shares, par value £0.25 per share
(Title of Class of Securities)
 

 
 (CUSIP Number)
 
 
  
(Date of Event Which Requires Filing of this Statement)
 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
  
x  Rule 13d-1(b)
o  Rule 13d-1(c)
x  Rule 13d-1(d)
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 
 

CUSIP No.
  
    Page 2 of 9 Pages
 
1
 NAME OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 Jon Isaac
2
 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)(   )      
(b)(   )      
3
 SEC USE ONLY
     
4
 CITIZENSHIP OR PLACE OF ORGANIZATION
   
 Canada
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH REPORTING
PERSON WITH:
5
 SOLE VOTING POWER
   
 1,562,162
6
 SHARED VOTING POWER
  
 0
7
 SOLE DISPOSITIVE POWER
  
 1,562,162
8
 SHARED DISPOSITIVE POWER
  
 0
9
 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
 1,562,162
10
 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  o
 
  
11
 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  
 14.8%
12
 TYPE OF REPORTING PERSON
  
 IN
 
 
 
 

CUSIP No.
  
    Page 3 of 9 Pages
   
1
 NAME OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 Isaac Capital Group LLC
2
 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)(   )      
(b)(   )      
3
 SEC USE ONLY
  
  
4
 CITIZENSHIP OR PLACE OF ORGANIZATION
  
 Delaware
  NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH REPORTING
PERSON WITH:
5
 SOLE VOTING POWER
    
 950,000
6
 SHARED VOTING POWER
  
 0
7
 SOLE DISPOSITIVE POWER
  
 950,000
8
 SHARED DISPOSITIVE POWER
  
 0
9
 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
 950,000
10
 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES o
 
  
11
 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  
 9.0%
12
 TYPE OF REPORTING PERSON
  
 OO (Limited Liability Company)
  
 
 
 

CUSIP No.
  
    Page 4 of 9 Pages
 
 
1
 NAME OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 Negotiart of America Inc.
2
 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)(   )      
(b)(   )      
3
 SEC USE ONLY
  
  
4
 CITIZENSHIP OR PLACE OF ORGANIZATION
    
 California
NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH REPORTING PERSON WITH:
5
 SOLE VOTING POWER
  
 612,162
6
 SHARED VOTING POWER
  
 0
7
 SOLE DISPOSITIVE POWER
   
 612,162
8
 SHARED DISPOSITIVE POWER
   
 0
9
 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
 612,162
10
 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  x
  
  
11
 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  
 5.8%
12
 TYPE OF REPORTING PERSON
   
 CO
  
 
 
 
  
CUSIP No.
  
    Page 5 of 9 Pages

Item 1 (a)           Name of issuer:
 
Seven Arts Pictures PLC (the “Issuer”).
 
(b)           Address of issuer’s principal executive offices:
 
38 Hertford Street
London, UK  W1J7SG
 
Item 2 (a)           Name of person filing:
 
(1)  Jon Isaac
(2)  Isaac Capital Group LLC (“ICG”)
(3)  Negotiart of America Inc. (“NAI”).

Mr. Isaac is the owner of ICG and NAI.  ICG is the record owner of 950,000 of the Issuer’s ordinary shares, par value £0.25 per share (the “Ordinary Shares”).  NAI is the beneficial owner of 612,162 Ordinary Shares.  ICG and NAI each expressly disclaims beneficial ownership of the Ordinary Shares beneficially owned by the other of them.
 
 (b)           Address of principal business office or, if none, residence:
 
501 W. Broadway Suite A212
San Diego, California  92101
 
 (c)           Citizenship:
 
Mr. Isaac is a citizen of Canada.  ICG is a Delaware limited liability company.  NAI is a California corporation.
 
 (d)           Title of class of securities:
 
Ordinary shares, par value £0.25 per share
 
 (e)           CUSIP No.:
 
Unknown.
 
Item 3 If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
 
Not applicable.
 
 
 
 
 
CUSIP No.
  
    Page 6 of 9 Pages
   
Item 4 Ownership.
 
(a)   Amount beneficially owned: 1,562,162 shares
 
ICG beneficially owns 950,000 Ordinary Shares and NAI beneficially owns 612,162 Ordinary Shares.  ICG and NAI each expressly disclaims beneficial ownership of the Ordinary Shares beneficially owned by the other of them.
 
(b)   Percent of class:  14.8%
 
This percentage was calculated based on 10,589,100 outstanding Ordinary Shares as of March 11, 2011, as reported in the Issuer’s Amendment No. 5 to Registration Statement on Form F-1, as filed with the Securities and Exchange Commission on March 11, 2011.
 
(c)   Number of shares as to which such person has:
 
(i) Sole power to vote or to direct the vote: 1,562,162
 
(ii) Shared power to vote or to direct the vote: 0
 
(iii) Sole power to dispose or to direct the disposition of: 1,562,162
 
(iv) Shared power to dispose or to direct the disposition of: 0
   
Item 5 Ownership of 5 Percent or Less of a Class.
 
Not applicable.
 
Item 6 Ownership of More than 5 Percent on Behalf of Another Person.
 
Not applicable.
 
Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
 
Not Applicable.
 
Item 8 Identification and Classification of Members of the Group.
 
Not Applicable.
  
 
 
 
   
CUSIP No.
  
    Page 7 of 9 Pages
  
Item 9 Notice of Dissolution of Group.
 
Not Applicable.
 
Item 10       Certifications.
 
By signing below each of the undersigned certifies that, to the best of his or its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
   
 
 
 
    
CUSIP No.
  
    Page 8 of 9 Pages
  
SIGNATURE
 
After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
 
Date: March 14, 2011
Jon Isaac
 
   /s/ Jon Isaac                                                     
   
   
Date: March 14, 2011
Isaac Capital Group LLC
 
By:     /s/ Jon Isaac                                             
       Jon Isaac
       Member
   
   
Date: March 14, 2011
Negotiart of America Inc.
 
By:     /s/ Jon Isaac                                             
       Jon Isaac
       President


 
 
 
  
CUSIP No.
  
    Page 9 of 9 Pages
  
EXHIBIT INDEX
   
No.
   
1 
Description
   
Joint Filing Agreement
   
 
 
 
EX-1 2 sevenarts_sc13g-ex1.htm JOINT FILING AGREEMENT sevenarts_sc13g-ex1.htm
EXHIBIT 1
 
JOINT FILING AGREEMENT
 
The undersigned hereby agree that the Statement on Schedule 13G filed on or about the date set forth below, and any amendments thereto, with respect to the beneficial ownership by the undersigned of ordinary shares, par value £0.25 per share, of Seven Arts Pictures PLC, a company established in England and Wales, is being filed on behalf of the undersigned in accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.
  
The undersigned further agree that each party hereto is responsible for timely filing of such Statement on Schedule 13G, and any amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein, provided that no party is responsible for the completeness and accuracy of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate.  The undersigned further agree that this agreement will be included as an exhibit to such joint filing.
 
This agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
 
In witness whereof, the undersigned have caused this agreement to be executed on their behalf this 14th day of March, 2011.
   
Jon Isaac
 
   /s/ Jon Isaac                                                     
 
 
Isaac Capital Group LLC
 
By:     /s/ Jon Isaac                                             
       Jon Isaac
       Member
 
 
Negotiart of America Inc.
 
By:     /s/ Jon Isaac                                             
       Jon Isaac
       President