Shorting here is interesting. Why wouldn't they have shorted it up at 10 why start at 6/7? just seems like a very risky play. Hopefully it turns into a squeeze and we get some upward movement.

Once again it goes back to computerbux no dillution clause. If I am a debt holder and I own shares why would I allow the person who owes me money and has paid with shares to basically take 99% of them back? It is the creditors way of protecting themselves from these shady CEO's. That adjustment note that bux keeps bringing up was not in there for shits and giggles it was in there for this purpose. The rest of the 10q is basically a reprint, but that is specifically pointed out which means its important.

Seriously Lion? Your still trying to defend this thing? It is 10.f million common shares hence the statement "As of November 22, 2010, the registrant had 10,540,554 shares of common stock, $0.0001 par value per share, outstanding and 3,419,520 shares of preferred stock, $.0001 par value per share, outstanding. " That to me would say there is a total of 15 million shares out there total.

Computer I haven't had shares in a long time flipped it a couple times back in the .0006 area. I am just an observer watching this scam unfold.

my question is how in the world does the ask keep going up.

The site is still registered with google, but down. It could be a server issue as in down for maintenance or updating. It could also mean that it is gone and not coming back. It's impossible to tell.

Wait so you bagged on it for having nothing on it and now your bagging on it for coming down because nothing is on it? It's better to come down if it isn't used.

Sometimes brokers on F'd up stocks make you call them to place the order so you udnerstand what the hell is going on.

You guys may have to make the order over the phone.

Right. now see News underneath that chart and it has financials on 11/20....

haha sorry didn't see the date just followed the link from artfests website. It's dated nov 20th so i didn't even see the date on the financials.


http://www.artfestinternational.com/index.php/investor-info/stock-quote

Therse aren't full financials, but as you can see they lost money....again

http://finance.yahoo.com/q/is?s=artsd.ob

The R/S isn't official untill next week sometime which is probably why its not update. There is no doubt after the R/S it went lower and so it would have to reflect an increase once again. Like I said its just not updated yet.

I don't think that website gets updated all that often. I have watched in the past and they always seem a little behind.

but it wasn't in a PR and therefor just hearsay, He can say he is the king of england in passing to anyone and it does not make it true. If he were to try and present it as fact (conference call, PR, Meeting(not meet and greet but meeting) then you have a case. The next problem is even if he told you to your face we are reducing the A/S you would have to prove it which is about impossible unless its in writing.

R/S is not fraud hundreds of pink ceo’s do it every year. Look at the daily list and see how many R/S there are each week. I can promise you that very very few ever get in any sort of trouble. R/S are perfectly legal and part of investing in the pink world.

Now there may be an argument made for some of the Pr's being misleading, but all of them had safe harbor statements which will normally protect them. The only possible chance would be on false filings.

The fact of the matter is this is an average pink with a CEO who has no business running a company.

Wouldn't it be considered a NV company as it's incorportated there it just has a "branch" in texas.

I just watched another Stock R/S after slowly being brought down over time. Optimist refused to acknowledge there could be a problem and BAM there it was. I'm not suggesting there is an R/S in the works, but I am preparing myself for the worst.

ouch...

I have come to terms that his may end up going to zero. I am fine with that as I can take the right off and its no huge deal. I guess I am here untill it dies or flies.

well share count is 24000 times bigger than it is today.This is why the eternal optimist is never a good trading strategy (realliontamer).From now on you should probably look at a companies financials and history for what they are, not what they could be. EV will get away with this like every other pink because it is legal. Every Pr had a safe harbor statement and he filed all the proper papers....bottom line is pick youself up and move on because the SEC won't save you.

2011? this will be at.0001 by 2011 if there aren't any numbers out

I'm just trying to figure out how we have 30 million volume by lunch on no news?

I am pretty sure with sogo you can short anything over 1 dollar.

Man we are getting bent over here. 5's on the bid....

That is because ARTS no longer exsists there is only ARTSD. Those shares are not on file yet and therefor can't be traded yet either hence why no volume has appeared yet.

Hey look at it this way you could have been this board

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56841461

They thought they were getting a buy back and then it turned into a R/S.

sure he did its recapitalization......

You should short the hell out of this thing haha.

The Split is for arts as there is a new symbol set up for it. The PR is basically saying they are consolidating Arts stock( R/S) and going to let it act like a normal stock now because starfest is going to start trading and will be its money source. I see alot of companies do this. The parent company does a R/S and tries to make itself look respectable while using its subsidiaries to do all the dillution. This just screams big old scam.

To the guy who asked wonder how many will try to sell. Answer is many will try few will as most won't have shares available through broker for a few days.

have you ever seen a R/S before? They don't care they do it because they want to keep liquidating. In time everyone will move on and forget and new fools will buy.

a fool is born every minute....

there will be idiots who will. My question is was this just so he could buy the picasso help his "friend" make money then sell it for whatever he can get for it. Then he turns his attention to starfest and does the same things with that stock while this stock basically dies for good. My point is that the R/S may just be so he can tie up the loose end that is the picasso deal (1.00 warrants) and then move on. I think he is done riding the arts train and ready to board the starfest train.

It should be but here is the catch. Post R/S alot of investors won't be able to trade untill their brokers get the new shares in their accounts. Meaning insiders and certain brokers will be able to sell right away before the price drops. It takes days sometimes for these shares to appear in your account.

HAHA was that before or after everyone found out about the R/S. This guy is a tool and should be in jail. I guess all those scam sites talking about him were right? Well atleast I tried to warn everyone....

I would say no the warrants do not go through the same split. He wouldn't screw his "friend" only investors. Like I said this has been the plan all along.

Ding Ding Ding we have a winner. This was the plan all along. he can sell the picasso with his crazy deal now because the stock will be valued above a dollar for a short period of time post split. No skin of EV's back because he can then sell the picasso for whatever he would like and it is free money as the shareholders took the hit not him.

Please stop buying shares......you are allowing this crook to keep his plan working.

Sorry to say dude I just saw this on otcbb

http://www.otcbb.com/asp/dividend.asp?dDate=11/18/2010&sDateType=ex_date

500 to 1......

you are an idiot if you do that. That will take your two million shares and turn it into 83 shares. The company did this before without any notice so this is just following the pattern. Look where it is at now do you think the second time around it will be any better?

Hey Pete remember how you asked why I kept saying there would be R/S right after the 10-Q once all the A/S was dilluted? Looks like I have been saying this for a few months....and it did come true.