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I am sure they will put out a nice, sexy PR to go with earnings. Hopefully they will have a surpise bomb shell or two in it as well. Going to be fun if the numbes and pr are good to see this baby go up.
ATL had a away game today.... Not sure about last week though. I am sure they are rocking it there though.
It's due the 15th.... Yet companies never release them on the weekend.... So since friday has come and gone already expect them to release it sometime this week coming up, mostlikely the 19th or 20th. AKA thurs or fri, which is exactly what they have done for the past 2 years....
Nothing "unreal" about anything I write. Too bad the same can't be said for the crap you write.
They can only do this while there is low volume, if the numbers are good then I expect the volume to be in the 5 to 10 millon range, and they wont be able to control the stock anymore. Volume is the key.
Whats also funny is good ole Springrol stated that when the MM do this it's actually "good" for the stock! LOL, i guess if you work for a MM then you might be a little biased when they do a scam like this.
As you can see, MM control is in no way, shape or form "good" for a stock. They are foricing this stock down by unnaturally controlling it and not allowing it to go up in value. It's amazing when you have 2 to 1 and 3 to 1 buy orders all day long and the stock goes down. But not even the MMs will be able to rape it once the 10-q hits if the numbers are good. But if this does shoot up, be careful, because the MMs will mostlikely try to trigger a stop loss sell off where they will drive the price down quickly by taking out the stop loss triggers. The stock will shoot back up once these are removed, but you could still get burned.
Bottom line, the MMs are evil.
It's called MM control. They did the SAME exact thing the friday after the R/S. They had like 7 to 1 buy to sells and yet the stock when down 3 cents lol. It's such bull sh*t, they are totally controlling the price of this stock and are foricing it down by having redicuous requirements to move this stock up.
They are waiting for a massive amount of buys to move this stock up only a tiny amount, but are allow it to fall down 10% on a tiny $500 dollar trade. It's sick.
Uhh since when is this due sunday before midnight? Go look back at the past 2 years, it has always came out on around the 19th/20th. This year is no different, there is no "sunday midnight" time frame. Companies don't release 10qs on the weekends lol.
It will be out sometime this week, mostlikely at the end of the week around thrusday or friday.
I consider that a very good thing, at least for now :)
Couldn't agree with you more and couldn't have said it better my self. Nothing has changed with ARTS in the last 2 weeks. The fundamentles haven't changed at all, no bad news has come out, only postive news, and we still got the 10-q coming any day now.
I understand why people are upset considering most are down around 60%, but this is completely normal, specially after a R/S. If we were down on bad news, then yes, I would be extremely worried, but we are not. We are only down on extremely low volume. This stock is ready to take off and if the numbers are good then it will do so. Only people getting out right now are weak hands, nothing more.
All I really got to say is, how bad is being down 60% going to look if the numbers are good and this goes up 700%?
The only reason this is dropping is because there is no volume and there is MM control. If there are 40 million shares out there, we havent even come close to trading half of that since the R/S. I think most of the investors are taking a wait and see approch with this.
To answer the question though, all it would take for this stock to shoot up right now considering the low O/S would be good news. If the 10-Q is great, and they showed a profit or something along those lines, that would be all it would take to get this up to 20 or 30 cents easy. The only question is, will the numbers be that good? There have been plenty of companies that were filled with way more bs and had nothing to really show for it that have gone up far more than this could on good news.
I don't really see us having much of an option right now, i don't know, maybe some people here do if they only put a little bit of money into it. But I know I am not going to take an almost 60% loss.
My take, I might get burned after the Q-10 hits, but I WILL NOT get burned before it hits. At this point I have nothing to lose by waiting. And if I am going to get burned, I am going to make sure it's after the 10-q hits, not before. There is a great chance that the 10-Q will be amazing and this will shoot up after it hits.
Keep in mind, nothing has changed with this company in the last 2 weeks, the stock has simply gone down on low volume and MM control, nothing more.
It's total MM control, and despite what good ole dilute train springrol has said, its not "good for the stock" Now granted we dont have enough volume to really do anything right now, when MMs do this its very rarely ever "good" for the stock. It doesn't help "create volume" as you can see today, all it does it hold the stock down and force it lower as there is not enough volume to counter the MM plays.
That 10-Q can't come out soon enough. Hopefully tomorrow, mostlikely though it wont come out till next week, probabbly around thrusday or friday.
I belive form t sales are trades that did not get processed eariler in the day for one reason or another and get closed offically after hours. I belive that is why you see that there. Either way, still a good sign as that is a big buy.
of course there is going to be a PR released with the earnings. Last i heard they were planning on releasing the earnings before the 15th of Nov. Which should be either thrusday or friday. But if you look back the past 2 years, they have always released them around the 19th/20th, so at worst case they will be released around that time.
The earnings should be pretty damn impressive considering they will be combinding the sales and profits from CSD with ARTS. CSD is a 16 year old company, you think the fact that they have been around so long and have massed 3.3 million in sales a year, would lead you to belive that they know how to run a company and keep the debt and operating cost low. So they should have good profit margins. Keyword, "should". If this is the case the earnings for ARTS will be amazing, and this stock "should" shoot up. And of course ARTS will release a PR along with the 10Q making it sound even more sexy.
I think, as many on here know by now, there is a great chance of this coming to past, so I am going to play this and have been waiting to play this since Aug.
I lost alot of money too, and yes it sucks, no way around it. But worring about it isn't going to do any good. Specially on a public forum where it could start a "snowball" effect. I fully belive the numbes will be good on the earnings and is why I stayed in this. I am not woried. But some of the "venting" on here has been in the form of "omg what if they did this to do that" or "omg what if they did that to do this" type of talk.
Not only is that putting out all kind of crazyness, it's also largely ignoring most of the facts and fundamentals of this stock and this company. I am just trying to clear up some of the misconceptions that surround this stock.
To me, it makes no logical sense for a company to do a R/S right before the biggest 10-Q of the year unless they know their numbers are going to be good. Now obviously the Luxor deal played a part in them doing a R/S too, but I don't see them doing a R/S right before the biggest earnings report of the year unless they expect them to be good. And no, it would not be "wise" to let your earnings come up and the pps to go up first then do a R/S. The reason for this is quite simple, this was a Sub-penny stock. Even if the 3rd quater numbers were amazing, the stock would go up what, 1 or 2 cents? If you do a R/S first, and you know the earnings will be good, then when they hit, instead of it going up only 1 or 2 cents it could go up 30 or 40 cents. If the company is legit, then they want their share price to closely reflect the value of the company, which is one main reason why you do a R/S. This would not be possable without a R/S for ARTS due to the high number of O/S it had pre-split. Also, when you annouce a R/S alot of people sell off. The best way to do it is if you know you got great numbers coming out in a few weeks time, to go ahead and do the R/S first, get it out there, let your stock take a hit and then stablize, then release the 3rd quater numbers and let it shoot up.
Luxor will NOT be on the 3rd quater earnings what so ever. That was a deal that was done in the 4th Quater. The only thing that might be somewhere on the 3rd quater earnings will be the new valume of the companies assets that will now include the assets of Luxor. But any direct costs/profits/expenses from the Luxor deal wont show up till the 4th quater earnings.
CSD numbers will however be included on the 3rd quater earnings, as confrimed by the CEO in the 2nd quater earnings. So there should be a big sales increase by adding those numbers to the ARTS, and there should be a good profit increase too. But we just don't know enough about CSD yet to know for sure, but the chances are good that the 3rd quater numbers should see a nice boost from that.
If you want to belive the bashers, then the reason ARTS did a R/S was to buy Luxor and dilute the shares more....
If you wanna belive people like me, who use logic, common sense and facts, then heres my take:
I think the main reason ARTS did the R/S is that they knew there numbers were going to be great for the 3rd quater, largely due to the fact that they will be combinding the numbers from a company that did 3.3 million in sales last year. They knew their sales numbers would increase drasticly for this quater before that, and they might even show a nice profit for the quater too. Their whole goal is to increase share holder value and get uplisted to an exchange like the nasdaq. They knew there was no chance to do that with a company that had over 1 billion shares outstanding, and that there was no logical or economical way to reduce the O/S efficiently unless they did a R/S.
So I belive that they decided to do a R/S to clean up the O/S and put this stock in a positon to run on good news. They know the 3rd quater numbers will be great and I think thats why the timing of the R/S was right before that. With a low O/S and good numbers from the 10-Q, this stock could really take off and shoot up. This would be a really good start to get this stock moving towards a possiable uplisting in the future as well as increasing share holder value.
I think ARTS waited till they knew they had good numbers, good revenue and started making profits to do a R/S. Becuase they know if you do a R/S and then come out with great numbers, not only will your PPS go up, but it will stay up as well. Suddenly your stock goes from being a joke, to now being a crediable stock and more accurately reflecting the companies true value.
If the company was just planning on diluting the shares more and more after the R/S as the paid bashers have said on here, they would not have applyed for a loan back in June to get CSD. They simply would have done a R/S then and bought them with mostly shares.
I belive everything they have done was to set this stock up for a big earnings run.
I love some of the posts in the recent days by the so called "experianced" investors. Really makes me laugh out loud at times. People are freaking out, worring, and questioning things.
Last time I looked, NOTHING has changed, other than the stock price. Yes its gone down some..... Guess what, it also has gone up to .07 too. Big deal, it's still got plently of support at .05 and it still trading in the same range it has been since the R/S.
I am not sure why, but some of you were apparently expecting this to go up on no news..... This stock, before the R/S and after does NOT go up with out news, this is nothing new! The volume is almost non-existant, and you are wondering why it's not going anywhere? LOL. Whats even funnier is some of you are wondering why its going down a little bit with almost zero volume....
Your not going to get volume and thus movement with this stock untill news comes out. This company just had a R/S, after one of those you always lose some value in the first few weeks. This is perfectly normal. What this stock is waiting for to move up isn't just "news" but hard numbers. After a R/S you want hard numbers and facts to drive a stock. We got those coming any day now when the 10-Q hits. Assuming those will be decent to great, and theres NO reason to expect otherwise at this point, this sotck will fly, simple as that. How high, is anyones guess, it might go up .10 cents, it might go up .50, it all depends just how good the numbers are.
We also have people saying this company is dead, there hasn't been any life, and no news.....
Uhh really? 2 weeks ago they do a R/S, annouce they just bought a new company valued at 10 million, and annouced another big deal with another pro football team worth quite a bit of money.
All in the last 2 weeks. This company is far from dead, in fact, its full of life. And they just had major annoucements. Not sure what some of you are expecting or wanting... They have all but completely cut out the fluff filled PRs, which is a GOOD thing and helps gives them more crediablity. And there not going to release some "numbers" right now because they are about to release ALL of their numbers.
I mean common guys, anyday now the big 10-Q hits, its going to answer pretty much every question any of us have, and it's going to have all the numbers we want. But since the R/S nothing has changed.... There is just as much of a chance for this going way up once the 10-Q hits as there was 2 weeks ago. The stocks price WILL NOT GO UP MUCH before the 10-Q. Please get that through your heads ok? If the 10-Q is good, it will shoot up, simple as that. But don't expect it to go up before then. There is basicly no volume right now, and there is little movement. This stocks pps wont change till the volume changes and that wont change till the 10-Q hits...
oh and stop complaining about this stock being down "50%" since the R/S. If the R/S was at $100 and we were now at $50, then yes that would be a great point. Us being down "50%" is ONLY .05 cents. Thats it.... PUT THINGS IN PERSPECTIVE! Considering this stock could shoot up to .30 cents in a blink of an eye with the curren't low O/S and good news, .05 is NOTHING. Sure it sounds so bad and scarry when you say we are down 50%, but when you realize that is ONLY .05 cents you suddenly realize that really is much at all....
For some of the people on here that claim you are "experianced" traders, you have been acting like this is your first stock ever. This stock is doing exactly what it should be doing right now, based on the news out. The 10-Q should be good, and this should take off on high volume when that hits. Untill then, DONT expect much movement out of this one way or another!
I find it so funny that you were apparently expecting this to "go to the moon" today with no PR and no News and no volume! Sounds like you have done some great DD on this company there buddy! LOL.
I don't know if the earnings will be good or bad, but based on what this company has been doing, and based on the companies they have bought, I expect the earnings to be in the range of good to great. Doesn't mean they actually will be.
I think there is going to be a great chance for this stock to really fly on good news and that the numbers could be quite good. But again, there are a TON of questions I have.
The good news first:
CSD has great sales. 3.3 million last year alone. They open up ARTS to completely new revenue outlets and a completely new market. By buying them, they have not only increased their revenue, but also fully expanded their market and company.
This one move alone makes me belive that the numbers for the 3rd quater will be at least "decent". Besides CSD, they are also selling things them selfs and are mostlikely working on cutting costs to increase profits. Again, more great stuff.
Now the questions I/we have and need answers to:
We have no idea how much debt CSD has, if any, and we have no idea what their profit margins are or what their operating costs are. These are VERY important questions that we need answeres to. If they are debt free, or mostly debt free and have low operating costs, then they should have a very high profit margin and be netting a nice amount. If this is the case, then the 3rd quater earnings will be amazing. But this is aso a best case example.
So the bottom line is:
We have a company that has made major moves in the last 6 months to increase profits and mostlikely reduce costs. They bought what could be a incrediable company that might have great numbers and provide them with a nice profit. But we don't know any of the key numbers yet for this company. They have also just did a R/S that has set this stock up for a big, fast up movement if good news comes out. Which if the 3rd quater earnings are good, then this thing will fly.
But we don't know yet all the details of CSD. Captin Jim and his buddy Springrol know this so they try to scare people by tossing out the dilution talk. They are basing this on NOTHING. They have no facts, no information to back up any of their cliams that they are planning to dilute this stock. They are nothing more than paid bashers sent by the MM.
The company has a good chance, I would say 60-70% to have decent to great earnings numbers. They have a roughly 30-40% chance of having bad earnings numbers. I don't belive they would have done a R/S right before the 3rd quater earnings come out if they knew those numbers were going to be bad. I belive part of the reason they did the R/S when they did it was to set this stock up for a big run once the 3rd quater numbers hit.
In anycase, I fully belive that there is more then a good enough chance of the numbers being good to hold this stock till earnings come out. If the numbers arnt good then you sell. Simple as that. Even the paid bashers don't have anything to really "bash". Their only card is the "dilute" card, and it's based on ZERO facts and information. But thats all they have. Which I consider a good sign.
We will know everything we need to know when we see those 3rd quater earnings. And those should be released this week coming up. All we got to do is sit back and wait!
They dilute the OS daily? HAHAHAHAAH based on what? You have no proof of any thing you speak of. If your not invested with the company, and you hate the company WHY ARE YOU HERE? To "save" us all from our selfs?
LOL your nothing more than a lame paid basher, you have no life and no reason to be here unless someone is actually paying you to be here. Your posts contain ZERO facts and are nothing but BS.
You reading WAYYYYYY to much into things. First of all that company has been around for 16 years, they did change their name, but not recently from what I have seen. And your worring about them buying companies that are close to them? LOL jesus what in the hell is wrong with that and what does that have to do with anything?
2nd, what has changed? Your freaking out about all kinds of things and nothing has changed, no new news has come out....The fact sheat on their website is not an offical document. It's just a "fact sheat" on their site. They apparaently made an error on it and corrected it, BIG DEAL.
And now people are worring over the fact that the CEO did an interview? The ceo didn't ask that site to do a interview, they asked him. If you go on the site they have tons of interviews from different ceos on there. Thats what they do. He gave some good infomation in the interview and that was it. He didnt mean for it to be some outlet for shocking new information or anything like that. They asked if they could do a interview with him and they did. That chick asked the questions, and he responded, simple as that. Artfest didn't "design" the interview or intend for it to be used a PR outlet.
It seems to me like your starting to let the bahsers get to you... Nothing has changed with this company. We are still only a few days away from earnings. They still have a great company. There is still a very good chance that they will show a profit on earnings. They have all kinds of other things they are working on as well.
The O/S is still insanely low, no one knows for sure where the extra shares came from, but it was a small amount and I am sure they mostlikely did something good with the money from those.
It amaezes me that people on here start freaking out and questioning every little thing for no reason. Nothing has changed with this company, they are on the right track.
Everyone should always have an exit plan for a penny stock, but common guys, some of you are turning this into a "witch hunt". It's going to be quite interesting to see what is on the 3rd quater earnings next week, but they shoud be good to great. As I have stated before, there is a very realistic chance that there will show a profit on there. But even if they cut their losses or even broke even that would be a huge sucess. On top of that, they will also have forward looking statements in the PR and offer more details on what they are doing and will be doing over the next few months.
I really think most peoples questions will be answered when those hit. If the earnings are bad then it's simple, get out. But they should be great and I really think that will be the catalist to propell this up quite a bit.
Or you guys can continue to freak out over what amounts to nothing and listen to the bashers and their "dilute train".
What do you expect? LOW volume does this.... Yesterday we close at 7 cents, today we are down a bit. It's trading in a nice range, .05 to .07 roughly. You can't expect this to go up on NO VOLUME. Monday we will probabbly be at .07 again, big deal. It's not going to really move till news hits, and that should be next week when earnings are released.
"What I know is that this company has diluted its shares over 3000% since November of 2007."
LOL here comes the "dilute" train right on time again! ALL ABORAD! Oh noooooooos, so your telling us all a start up company has diluted it shares some in the first 2 years of it's existence? No way, I have never heard of such a thing! LOL still stuck in the past I see and not focusing at all about whats going on in the present.
"If I am to take the info on their own website as factual they have already diluted a ton since the RS."
A ton? A ton? You consider them adding 16 million shares "a ton" LOL, thats the funniest thing I have ever heard. And to be honest, you have no idea where those shares came from nore what they did with the money the got from them. No one does. We don't know if they issued more shares, we don't know if they were from something else, we don't know if they did sell a few more shares to possiably pay off a loan or something else, which would be VERY GOOD for them to do. Your only view and take on anything related to this company isn't just always in a negative light, your take is always the worst possiable light you could possiably paint. Bias much? OH YEA!
"The company has NEVER turned a profit for any year of its existence. "
LOL there ONLY 2 Years OLD! MOST companies make little to nothing in the first few years of their existence! Look at the biotechs, they often go 4 or 5 years before they get their first FDA approveal and take off. But till that day, they lose money year after year on R & D. I don't know whats more funny, your bleak, horrfic opinion of this company, or the fact that you apparently expect 2 year old start up penny stock companies to make profits right out of the gate LOL.
"Pumpers need to try and say that ARTS has all these great plans because they have NOTHING to draw on from this company's past."
Plans? Plans? Great plans? LOL they already acted on many of these "plans". They just bought a very sucessful company in June that did 3.3 million in sales for 2008 and gave them well established access to COMPLETELY new markets with more revenue outlets. They bought this company NOT by "diluting" the shares which if anyone actually listened to you would be expecting them to do, but by getting a LOAN! WOW what a concept, buying a company with out diluting shares....... That kind of goes against EVERYTHING you have been saying.
You are stuck permanently in the past, and have no care to even take a look at what they are doing now.
"how about huge losses and cancellation of what was expected to be a big money maker for them in 3rd Q? Is that fair game? "
How about they just bought a company that does 3.3 million in sales and has been around for 13 years and that does live acutions at many of the biggest NFL and Collage football games every year? Is that fair game? Apparently it's not for you, as you only like to point out the things you can twist into bad news without posting completely relavant news that contradicts what you are trying to argue.
So they canceled some of their Sat open house sale days....... Something that might have brought in what 20k, 30k? 50k? Did you ever think that they might have decided to cancel these to cut down on operating costs? Did you ever think that the company they just bought in June could be making them far more money from their live auctions at NFL and Collage football games as well as CBSsports.com and other websites? No of course you didn't because that would be a "postive" view on this company, something a basher can never form!
"Anybody who doesnt fully admit that this company is complete garbage is not being honest."
WOW the quote of all quotes there! So you think this company is "complete garbage". Based solely on what they did in the past, something that 85% of start up penny stocks do when they first get going. So you hold what they did in the past against them, but whats funny is, you still COMPLETELY ignore what they have done this year, the major moves they have made, you completely write them off because "this company didn't make any money in its first 2 years". Your basicly saying this company has no chance to ever make money and do well. And whats great about that is, you arnt basing it on any big news that just came out, or any big issue, your only bases for that statement is this company didn't make any money in its first 2 years....
This is a completely different company that the one that started 2 years ago, it has many more revenue outlets, it's in MANY more outlets, it has far more assets worth much more. And they continue to make big deals. Yet you belive this company is "complete garbage" and has no chance ever to make money and do well. LOL
Let me ask you a very important question that I think many people here would love to know the answer to. If you think this company is "complete garbage" then why on earth are you here? Why do you post on these boards? It's quite obvious you don't currently own any shares, because god knows your way to smart to buy shares in a company that is "complete garbage". Did you get burned by them in the past? Did you lose alot of money on them, and now that they are starting to shine and make money, your so bitter from losing money on them in the past that you feel the need to come in here and bash this company to pieces? Or are you just a paid basher by the MMs to keep this stock as low as you can for as long as you can?
If your a paid basher thats cool, at least your just trying to do your job. Or if your just a bad investor who previously lost money on this stock then I can understand your bitterness now. But common, if you actually think this company is "complete garbage" then LEAVE THIS BOARD. We will all make a "mental note" that user springroll hates this company and continue to go on about our day. Or do you have no life and the only pleasure you get is from bashing stocks all day long? Either way, no one cares about your extremely bias, completely wrong views on this company. So do us all a favor and just LEAVE!
"Hmmmmmm...I wonder where I got the idea you rely on PRs??? You yourself said that they basically directed your thoughts. lmao"
WOW yet another comment by someone who CAN'T READ. I never said their PRs "directed my thoughts". I said the reason I kept quoting the 1 quater numbers as the 2nd quater numbers was because THEY RELEASED A PR WITH THE NUMBERS FOR THE FIRST 6 MONTHS COMBIND!!!!!!!
I didn't get the "idea" from that PR, the EXACT same thing that PR said was in the 1 quater SEC FILING you moron. My only mistake was labling them as "2nd quater" numbers instead of what they are, which were the numbers for the first 1/2 of 2009 and not just the 2nd quater. It was just a brain fart on my part since they issued a PR along with the 2nd quater earnings that listed the numbers for the first 6 months. All I forgot to do in "some" of my posts was to labled them as "the numbers for the first 1/2".
What I love is people like you and Jim on your little "Dilute Dilute Dilute" train keep pointing to the past and saying:
"ZOMG LOOK EVERYONE! We have a penny stock that didn't make any money for the first couple years they were open and they had to DILUTE some shares! ZOMG ZOMG ZOMG Watch OUT they are going to do it again because thats all they do!!!"
Thats basicly yours and Jims WHOLE argument! LOL and it's basicly completely meaningless. Do you know how many penny and sub-penny stocks have to dilute their shares and do R/S to stay alive. Then get their act together, start making money and then they shoot upward? Most of the succuessful ex-penny stock companies had to do dilute and do R/Ses over the years before they became stable and started making money. This is NOTHING NEW, lol it's part of the game when you are dealing with penny stocks.
But you guys like to use that simple fact as nothing more than scare tacticts. Thats all you got is the "dilute train". What you both COMPLETELY IGNORE is what the company is ACTUALLY doing. All you look at is what the company did in the past, and try to say they are going to do it again. Instead of looking at what the company is doing RIGHT NOW. It's not based on anything other than they did it once, so that must mean they will do it again!
If you guys werent bashers and actually REAL investors then you would look at what the company is doing now, and what they will be doing in the future.
They arn't just sitting around with the same failed business plan trying to get their company to take off. They are actively making moves to increase revenue and the pps.
One of the best ways to start a successful company is to buy or merge with one thats already successful. Thats basicly what they did. They bought a fantastic company back in June. CSD has been around for 13 years. They do custom framing for signed sports peaces, collectibles and art. They have contracts with most of the major pro and collage football teams to hold live auctions at the games, they sale through their shop and now through Artfests galleries and channel.
They did 3.3 million in sales last year alone. It's a perfect combo for ARTS. They sell art, they now have a in-house custom framing company and are now in the sports and collectibles market as well as fine art.
This one move just completely opened the doors for ARTS to completely new markets, new markets where CSD is already WELL established and making money! At the same time it gives them IN HOUSE framing and matting for all of their art peaces!
On top of this, they just aquired yet another company last week that is valued around 10 million and has another 700+ pieces of fine art. By buying Luxor, which is another well estblished company that is well known for it's art sales, ARTS has just expanded their business yet again to more markets while adding to their already impressive inventory of art.
Lol yet all you guys got to bash with company with is the "dilute train" based only on what happened in the past? So so so sad.
If this company didn't buy a company like CSD in June, and was just sitting around losing money and then did a R/S, I would have sold and been out long ago. In fact, I mostlikely would have never bought into it in the first place.
But they arn't just diluting and doing R/Ses, they are making major plays. They just greatly increased their revenures, opened them selfs up to completely new markets, and added more value to their shares. And this happened not by diluting their stock or doing a R/S, but by them getting a 5 million dollar line of credit to buy CSD. So much for your "Dilute" theory there. They didn't do a R/S because they were planning to dilute the shares for more money, they did a R/S because they had way too many O/S and wanted to clear them all up because they now have the revenure stream to support a much higher PPS, all that was holding them back was the O/S. Also, by doing the R/S, they were able to buy another company with vauable assets and more outlets to sell ARTIs products through, plus yet another revenue outlet for the company.
You can say all day long that their plans are to "dilute" the shares, but if that was the case, they would have done a R/S back in June before they bought CSD with a $5 million dollar line of credit they aquried. ARTS waited for the right time to do a R/S, they wanted to do it right before they were going to combind the numbers of both companies together, and right before they finalized the deal with Luxor.
This is a company that is about to take off, so sorry you guys missed the bus!
"I know I am asking a lot here, expecting you will actually do some DD instead of just listening to the PRs.
I put a bit more weight in SEC filings, but thats just me. I am not a pumper."
LOL you tell me to do "dd" and read their "sec filings" instead of their PRs. Whats funny is you don't appear to have read their SEC filings because guess what, those quotes I posted were DIRECTLY FROM THEIR SEC FILINGS! I did not post anything from any of their "PRs".
The reason I didn't bother looking up your statement about "accounting tricks" is because as I stated before, I couldn't care less wheather they made a profit for that quater or not. It doesn't change my bottom line what so ever on this company.
The difference is either a 200k profit, or a 29k loss, which is basicly breaking even for that quater. I don't care all that much about net profits right now.
Why is that? Because net profits are great, and very important, long term. But this is a penny stock. I am not expecting a penny and or basiclly a sub-penny stock as of a week ago to be posting decent profits right away. Breaking even for this company would be a huge victory, specially considering the tough enconomy right now.
What I do care about however is sales. Sales are quite important for a company that well, sales things. As long as their revenue souce is strong, and they are not completely lossing their ass off, I will be very happy. Even if they post a loss.
They just bought a company that has done 3 million in sales for 2008, that company has major contracts to host acutions at live NFL and Collage Football games around the counrty. I would expect even if they did 50% less sales this year (which i find unlikely) the revenue numbers would still be great. ARTS already posted decent sales numbers. When you combind those with the company they just bought, they should be quite impressive one would think.
Again, I think there could be a strong chance that they could post a profit for the 3rd quater. Thats not "pumping" thats just an honest opinion. I also belive they could still post a loss. Anything is possable because we are missing to many parts of the picture.
But based on what I have seen, I expect good to great numbers on the 3rd quater earnings. If you don't agee thats fine, but stop wasting my time with these pointless replys.
My views on ARTS are quite simple.
They have posted decent sales numbes this year.
They bought a company that has posted great sales numbers last year and there is no reason to belive that shound't continue this year.
They will be combining those numbers with their own on the 3rd quater earnings do out in roughly a week.
They just completed a MUCH needed reverse split.
Their O/S is now quite low for a company like this.
I expect the 3rd quater earnings to be good to great.
There for I expect this to go up nicely at the very least after they come out.
Whether any of this happens or not is a whole nother story. This is a penny stock, I like what I see so far and am whilling to take a chance with it. Stocks like this shoot up all the time on lesser news then what could be coming out in a week with this company. If you don't agree with me thats fine. I could really care less.
I personally think you came here to bash this company and seem to be another Captin Jim Clone. But to each there own.
My only mistake was by refering to the 2nd Q numbers by them selfs. When the 2nd Quater 10-Q came out they issued a PR that went over not just the 2nd quater numbers but also listed the numbers for the first 2 quaters combind of 2009. I have been basing my statements on the combind numbers for the first half of 2009. Which state:
"We generated operating revenues of $505,900 for the six months ended June 30, 2009, as compared to $24,736 for the same period in 2008. We had a net operating loss of $422,514 as compared to a net operating loss of $849,114for the same period in 2008."
So they had revenues of 500k for the first 1/2 of 2009. Compared to only 24k for the first 1/2 of 2008.
They had a loss of 400k for the first 1/2 of 2009 vs a loss of 800k for the first 1/2 of 2008.
They, according to their 10-Q, had a massive gain in sales for the first 6 months of 2009. Most of which were in the first quater of 2009. They also recorded a net profit of 200k + for the first quater 2009. A claim you despute and say their net profit was just due to an "accounting trick" and that they actually lost 29k for that quater.
Assuming your right, which I am not doing but I am just going with it because to me it doesn't matter whether they actually showed a profit or had a small loss. Of course if they actually did show a real profit then that would be huge but it's nether here nore there right now.
My whole point was they had great sales that were up MASSIVELY for the first 6 months of 2009. Yes they fell off in the 2nd quater and their operating costs went up in the 2nd quater, but they also bought another company in that very same quater so I could see why their expenses would be up.
So lets just assume your right, and they actually didn't make an over 200k profit for the first quater of 2009, and instead had a net loss of 29k.
Thats pretty much breaking even. They still had impressive sells of almost 1/2 a million in art. And again, their operating costs were the only thing keeping them from having a nice profit. Those costs went up when they bought the company in June, and that is mostlikely why that threw things off for the 2nd quater as far as expenses go. They still wouldnt have made a profit for that quater though.
When you take the fact that the company they bought, does around 3 million in sales a year. And that they are holding auctions for some of the biggest Pro football and collage football teams in the nation. And expect to make 200k in revenue from the sales at just one stadium, even assuming those numbers are on the high end of the scale, they should see another MASSIVE increase in sales for the 3rd quater.
The big question is will they also see a MASSIVE increase in operational costs as well like they did with the 2nd quater. I personally do not belive this to be the case. I think alot of that had to do with the buying of the company in June. But thats really anyones guess.
But my statements still hold true. This is a company that has and should have great sales, has had issues with operating costs but hopefully will have brought those down some. But with the added income of the company they have aquired in June, I expect the sales to really help blance out their costs and maybe, just maybe, even show a nice little profit for the quater.
At worst, I think we will see strong sales with a much smaller net loss than we saw in the 2nd Q 2009. Of course, this is assume the company they bought in june doesn't have massive operating costs of their own, which would cut into profits, but right now I do not belive that to be the case.
Like I said, I expect good numbers from the 10-Q, but have no idea how good they will be.
Yes, because right now they still are not getting deep into debt. So there would be no logcial reason to dilute the share value. Their revenue is strong enough as of the q2 report to still get them to around the break even mark. And keep in mind thats not factoring in any of the profits and revenue from the company they aquried back in June.
Assuming that they did what a normal company would do since then, they mostlikely have worked to reduce their costs, their sales have mostlikely increased, if for no other reason than the fact that they will be combinding the sales from the other company. Only question is how much. Will they show a profit for the 3rd quater? If so, how much? These are some very important questions but we wont know those answers till the 10-q hits next week roughly.
But the 10-q could state anything, but based on the past ones, and on logic and reson, it should be quite good. How good, thats anyones guess.
I right now, do not see any need to dilute the companies shares. Nore do I belive management sees any reason to do this. They are trying to get their company in a position to be listed on a major exchange and have worked hard to do this. They have also shown a major focus to increase share value. Dilution would be taking one major step back.
Even if their 3rd quater numbers were pretty much the same as the 2nd q, something I do not see as being very likely for no other reason than the fact you are combinding the sales of a very successful company with yours, but in anycase, even if they were the same, they are still a company with strong sales, strong revenue and only needing to reduce operating cost to increase profits greatly. So I don't see dilution as an logical option.
Of course I, like everyone else here, are on the outside looking in. We don't have the whole picture. So anything is possable. But based on what is out there, I wouldn't worry about them diluting anything.
Captin Jim scare tactics aside, anyone who has doen any REAL research on this company should find it easy to sleep at night.
I think some people on here are getting a bit too excited about the O/S. Whether it's 41 million or 50 million, both are still great numbers and will allow this to fly on good news. Obviously since they updated the O/S to 41 mil, down from 50, that is a good thing.
But my only question is, and I think it's one any real investor has to ask, how did they actually come up with that number. Based on all calulations the O/S should be no higher than 25 million. So where did the other 16 million shares come from? Hopefully the company will be able to answer this in the coming days, either from the 10-Q or via IR. Theres quite a few ways they could have got those extra 16 million shares, but we need to know where they came from and how they are coming up with the O/S total.
I am not worried about it and I do belive Management knows exactly what it's doing and I was totally in favor of doing a R/S. Specially with earnings coming out next week in all likely hood.
But we do need them to give us some insite as to how they came up with the 41 million figure.
What I love is he thinks they are going to "dilute" the shares, he paints a picture of this company as it's only goal in life is to "dilute" shares. LOL. I think Captin Jim has drank way too much of the Captin Morgan. A company has to have a reason to "dilute" shares. They don't just randomly sell more shares for no reason.
This company really has no reason to do that. Are they making much of a profit yet? No. But they have increased their sells 2000% over last years and their revenue is wayyyyyyyyyyyyyyyyy up. The only reason why they don't see much of a profit is because their operating cost is really high. They got plently of income, plently of sales just from their selfs and thats not even factoring in the company they bought in June that has 3 million in sales a year.
The importan thing is, while they are not making much of a profit YET, they are making money. They are paying their bills, operating costs, etc. That doesn't leave them with really any net profit at the end of the day as of 2nd quater. But thats the easy thing to fix. As their sales continue to go up, they can cut costs and expenses on operations. Something they might have already done.
So once again Captim Jim talks out of his ass, he makes up statements and uses no facts what so ever to back them up. Hes a life long basher, mostlikely paid. It's going to be funny to see what happens when the 3rd quater numbers come out next week, specially if they show a nice net profit. LOL this will take off like a rocket! And Captin Jim will fade away quitely as he will no longer have anyway to bash it.
Hey nice work, glad you heard back from IR today. But all I got to say is that is one of the biggest BS jobs I have seen in a while from IR. As I said earilier today, I have little faith in their IR department.
So let me get this stright, the guy works in "investors relations" yet he can't answer a simple question about "investing". We don't need a licensed broker to explain to us why there are 50 million O/S. It's a simple, easy question. IS there really 50 million O/S? Are any of those shares non-dilution shares. Why are their 50 million 0/S when every broker and site has the O/S under 25 million?
Hopefully by tomorrow you will get some kind of answer from them. Thanks again bro for taking the time to call these people and trying to figure all this out for us.
For me, even if there really are 50 million shares O/S it doesn't bother me at all. That is still a very low number for a company like this and there are plently of stocks out there that have 5 times the O/S of that and trade way above where we are at.
My only question is how did they get the 50 million number. Was it due to buying those other companies? If so, not a big deal. If it was because they sold more shares to raise more captial then I am a little worried. Only time will tell.
Yea great post..... thats the same thing Elijah3820 posted hours ago... big help thanks......
I didn't need a direct link to what he posted, I need to know why they left off the luxor deal and why the OS are at 50 million. When every site has them at no higher than 25 million. On top of that, I can't think of any way to get them to 50 million unless they issued more shares after the R/S.
Hopefully IR will get back to Elijah3820 soon....
want to tell us where you got that information from? You know, thats kind of important...
Uhh what do you mean how is it crap? It's a crappy update because they don't clearly explian anything in it. It's not written well at all, and it's missing key information. It doesn't have anything on Luxor in it, which is weird, and if the O/S is correct, then they have some explaining to do. If some of the O/S have some type of claus on them, then they should have stated that and not just blindly listed the O/S as 50 million.
BTW I have about as much faith in Big Apple as the thing i flushed this morning after I woke up. Hopefully they will respond with some hard numbers though.
Uhhh how is it not looking very positive? Even worst case, at 50 million, the OS is still quite low for a company like this. This company still has great sales, still has a chance to show a profit on earnings, still has valuable assets....
You say this now doesn't look "very positive" based on what? A crappy update on their website that no one knows how accurate it is? Common, nothing has changed with this company.
See what happens when the MMs don't mess with our stock? Thats 2 days in a row the MM have let us trade normally like we should. First day we dropped only 1.5 cents as we got the weak hands out. 2nd day we went up 40%. Just imagine where we would have been if the MMs didn't mess with us on friday. We had 7 to 1 buys to sells that day and yet some how ended up down 3 cents.
Anycase, we are stable, got rid of the weak hands, and are locked and loaded for any good news that will come out.
"Except for you Captain. Go sit on a cucumber"
I would agree with this if it wasn't for the fact that he would mostlikely enjoy that way to much.
I think a reduced loss of meaningful amounts would also do wonders for this company and be the next best thing to a profit.
They got the sales, they got the assets, they just need to lower operating costs and show a profit and they are good to go. So if they were able to reduce some of their operational costs and had another increase insales, then I think its reasonable to think they could cut their losses by a very good amount.
This would be enough I belive to really make this go up nicely. I expect the 3rd quater earnings to be good, but in exactly what ways or how good I don't know. Going to be fun waiting for them though :)
The reason I said there is a chance that they could show a profit on the 3rd quater earnings is because they actually bought this company in June. They have had plently of time to reduce operating costs and work things out with this deal.
Also keep in mind, Luxor was bought in the 4th quater, not the 3rd. So none of the expenses or costs with that will be on the 3rd quater earnings.
Assuming everything stays the same and they don't aquire anymore companies for a while, I too belive they will really be seeing profits by spring. But it would not surpise me what so ever to see them post a profit for the 3rd quater this year.
But yes, we don't know much about the company they bought. All we really know is they did 3 million in sales last yet. We don't know what they neted from that, we don't know what their operating costs are and we don't know what, if any debt they have.
They sound like a very good company and considering they are in countless pro and collage football stadiums doing sports auctions I would assume their profits should continue to grow. But yea, we have no idea what the importan details are yet and we wont know till the 3rd quater earnings hit.
But it's very realistic to think they could show a decent profit for the first time this quater. Whether they will or not is anyones guess.
This stock should be much higher than .07, this is the bargin of the year at these prices. The fact that Luxor did take mostly shares for their company, I would belive that they liked what they saw from ARTS as far as their longer term plans go and think they will make a ton more money by getting shares instead of cash.
The main thing keeping this stock down is they havent made really anymoney. They have amazing sales, and those keep going up quater over quater. But their profits are basicly whiped out by their operating costs. Considering they are now going to combind the profits from the company they bought in june on this 3rd quater earnings, they have a very realistic chance of showing a nice profit for the first time. Combind that with low O/S and more good news in the earnings PR and sit back and watch the ship take off. Not sure how high it will go, but it should move up nicely.
HAHAHAHA you know this stock is going good when good ole Captin Jim comes back and starts bashing it again! Fresh shares hitting the market? LOL please, your still living in your dream world were you think everyday its going to be diluted. Do your self a favor, and everyone else here as well, and hold your breath and wait for the dilution! Don't breath till it's "diluted" again..... :D
Really nice close at HOD! Not sure if my TD Admeritrade chart is right but it looks like there was one final trade at .07! Nice 40% gain today on no news! Again, as I stated, great support for a bottom at .05, weak hands are out, and now we are rising back up some. We are primed and ready for the earnings report!
Jesus, what is wrong with you people lol. Some of you are now bashing this company because they are releasing "fluff" PRs... Are you KIDDING ME! First people here bash the company because they didn't release any PRs for a month and a 1/2 and you guys were demanding that they release a PR ANY PR. Now they start releasing PRs again you bash them for being "fluff"? Give me a break!
On top of all of this, some of you people bashing them right now apparently have the worst short term memory on earth! This company has ALWAYS released PRs like this! This is nothing new. They only stopped for a month and a 1/2 while they worked on the R/S and the Luxor deal. The average for them was 1 or 2 PRs a week like this.... Oh how quickly we forget.......
I mean, I really don't know anymore what some of you are actually expecting this company to do. They just annouced a HUGE deal to buy Luxor, they just annouced a R/S which this company needed badly. And with in the next 2 weeks they WILL release their 3rd quater earnings along with PR about those which should be fantastic. Some people here act like they haven't done anything in the past 2 weeks..... Just SHUT UP already! Jesus, this company has done nothing but good stuff and annocued great things over the last 2 weeks, and more good news is coming. Yes this is a "Fluff" PR, but thats what it's supose to be and that is what this company does. This is nothing new. Sooooooooooooooo sorry if some people here were expecting this stocks pps to shoot up to .30 a share after the R/S on no news but thats not going to happen. This stock has always gone up on big news and we have big news coming in 2 weeks. Stop complaining about these types of PRs with "no numbers" in them. Why would they stick out a random PR with "numbers" in them when they have their earnings coming out in 2 weeks?
You guys should be happy that we got all the weak hands out of this company and that it found a nice bottom at .05 and is now moving up off of that. There is great support of this stock at that level and we are in a good position for when the earnings actually do hit. But no, some people here apparently want to bash them because they haven't "done enough" for their pps yet..... please stop with the totally unrealistic expectations.....
I never like sites like this for many reasons, but one of the things I have to question about the data on this one is how it could possiably be accurate considering it's only been post split for a few days of real trading. Thats simply not enough time to collect any meaningful data on trends and form any useful conclusions. Also, alot of sites reported a 7000% gain on the day of the split, which one would figure could also throw off the numbers a bit. I personally don't know anything about this site or how much humans are involed in these buy ratings so take it for what it is.
But I do agree with their conclusion that ARTS is a BUY :)