Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Well, I try to do as much homework on a stock as possible... Found ARTI a couple months back when I was new to penny stocks, had around $600 invested and sold just under $6,000... needless to say ARTI caught my attention!
From there I began digging as much info as possible, and if you ever speak to the CEO he can attest that I email him back and forth on a daily basis in my quest to learn more about his company.
What happened accidentally here with me was I stumbled upon a stock I thought I could flip, which I did, and instead found a company that I see great long term potential for. ARTI has lots going for them, and following the CSD run, I will be flying down to meet Edward and have lunch... I will take some profits from this run, but will continually accumulate shares in ARTFEST INTERNATIONAL until I'm on the Board of Directors
Chris
I agree to both of you... He needs to follow through, and as far back as the two months that I've been dealing with him, he always has...
I look at today as it was probably planned to unfold just as it did. And the way that it did unfold is in the best interest of all shareholders and the company in general...
And as long as the release hits in the morning, he did indeed follow through on his word, which was completing the CSD acquisition in the month of June...
Chris
Well, I wasn't online from 1:15 on, so wasn't able to watch the L2... I know from past experience (as far back as last run from .0019 to .02) that the MM's definitely scramble when this stock starts running, and that it trades very thin which gives us those runs...
That being said, I would assume that orders were taking a long time to fill, and would have guessed that the MMs were all over the place. This stock usually trades around 5 million per day, so today they HAD to be caught off guard.
Assuming that my "theory" on delaying the PR to get more of a bang tomorrow is correct, I think you will see them have an even harder time getting orders filled and we should see a VERY nice gain again tomorrow...
I've said it all along, with the way that ARTI trades, following the announcement of CSD I believe we see .03-.05 within 2 days of its release... And my guess is we start heading there around 8:30 tomorrow morning (the typical PR release time)
Chris
Something to think about...
Been sitting here reading all the posts, charting, projecting and something popped into my head about today and ARTI...
Now, this is clearly only my opinion, but having talked to Edward via email on almost a daily basis, and having followed ARTI on many boards including this one for months, I find the following scenerio to make a lot of sense...
Now, it's been common knowledge for a couple months or so now that ARTI was to acquire CSD. We have seen in the last couple weeks that even in Artfest press releases that the acquisition would be complete and announced by today. Per Edwards email today, several investor groups have an interest in ARTI and have also been performing DD on the company.
Now, keep in mind that Edward is very business savy and reads these boards. For the past couple weeks, we all know that the CSD acquisition is either done or coming, Edward knows that the deal is either done or coming, and now several investor groups outside of ihub also know this... It's common knowledge.
EVERYONE and I mean everyone believes that today we get the announcement officially announcing the acquistion of CSD. Bond and Note holders who have agreed to .10 and .15 restricted shares believe this stock will spike, all of us here believe .02-.05 is the probable initial spike and very modest, and today we see 47 million in volume and an 80% day...
So why not delay the PR until tomorrow? It makes total sense to me, as long as it's released before or right after the opening bell... It makes sense to take an 80% day and save your PR to create another major spike tomorrow... Wondering if ARTI thought of that...somehow my guess is today went exactly as planned. Major buying all day in anticipation of the news... The email from Edward stating that ARTI and CSD were at the bank finalizing all the details and awaiting the bank signing off (which he knew I'd be posting here and would tie us over now knowing things might be delayed)...
Add to todays 47 million the fact that all kinds of volume alerts have been sent to many many investors. Add to that the fact that 80% gains in one day attract MAJOR attention. Add to that all of the buzz surrounding ARTI now. And lastly top it all off with an early morning PR to build MAJOR momentum before the bell... Again, I have no factual basis to this theory, but it makes sense...
Would be one hell of a smart and tactical business move by ARTI in helping to foster a second major day for the PPS... I don't know about you, but this seems 100% logical and I'm loving it!
GOOOO ARTI
Chris
Email from ARTI CEO
Chenzo, just playing catchup after an afternoon with my son (he's not coming over tomorrow! lol) - You are absolutely correct that this buying volume is not coming from the chats or ihub. I received this email at 3pm from Edward and was unable to get it up as I was busy with my boy.
From: Edward Vakser
To: CHRISTOPHER HERMAN
dateTue, Jun 30, 2009 at 3:07 PM
subjectRE: Artfest International
hide details 3:07 PM (4 hours ago) Reply
Chris, the buying is coming from several strong blog groups that did DD on Artfest and asked if they could get information , much like I shared with Edward (Stevenson). All of it is already available and published, but they wanted to hear it from me. The Plan is very solid. They seem to think that as well, since a lot of investors are art and memorabilia collectors as well.
Best regards,
-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO
Sorry for the late reply, had to run out at 1:15 and get my son and just now getting back online. From the email I received from Edward earlier, I understand that ARTI and CSD were at the bank closing this out. My thought here is that the deal is now complete, and that ARTI has decided that rather then put out an after-hours PR they will release it before the market opens tomorrow.
Assuming that to be the case, I think we easily see another day tomorrow like we did today, which would put the PPS in the neighborhood of .01. I feel that the full effect of the press release will take 2-3 days to fully run this, imo to the .02-.05 range.
Chris
PER CEO EMAIL - Today we will get our PR!
Chris, my people are meeting with the CSD bank as we speak…. As you may know, the bank has the last word on the sale approval, and it’s just a formality. Everyone knows that we want to close by month end . It’s been like wrangling cats, we meet the lawyers and bankers and sec accountants. Everything is done and as soon as the bank blesses the deal, we will announce. This should be today. It may even be after market, but we will close on the 30th as promised.
Best regards,
-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO
1.6 mil buy followed by 300k... guessing our news is coming soon... 25 mins til noon in dalls
I think we'll run a few days on this PR, but the company also has 4 days from the acquisition to file an 8k which should give us another boost in pps... and from the sounds of things, more news will be coming very soon after CSD is pr'd
Watching the newswire and email box... Will post as soon as I get the reply.
Chris
Email from CEO! - Just responded to see if EST or Texas time...
Thank you. I do feel that this is only the beginning. The market space that we are in , is so ready for a major roll up. Our opportunity and this economy will give ARTFEST a great foundation.
Best regards,
-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO
Getting closer to sometime "around" noon
per ARTI CEO a major acquisition of CSD will be PR'd today around noon: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39156335
Guys, let's keep it to stocks please....
per ARTI CEO a major acquisition of CSD will be PR'd today around noon: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39156335
per ARTI CEO a major acquisition of CSD will be PR'd today around noon: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39156335
I show .0038x.004
And here goes ARTI again!
Indeed, oh, and the PR isnt out yet!
per ARTI CEO a major acquisition of CSD will be PR'd today around noon: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39156335
0049 = +69%, and only 1mm next 3@ 005!
And the MMs keep falling... .0045 = +55% and running
per ARTI CEO a major acquisition of CSD will be PR'd today around noon: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39156335
still should be a very nice ride to the .03-.05 range!
Yeah, you have no idea how excited I was to read that email!
Just wait till the PR hits, the momentum today and tomorrow!
per ARTI CEO a major acquisition of CSD will be PR'd today around noon: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39156335
Look for CSD acquisition PR sometime around noon...
Hey guys, as you know I have been in constant contact with Artfest International (ARTI) CEO Edward Vakser. We have all been waiting (a long time) for the closing of the Charity Sports acquisition and virtually all following this stock agree that upon its announcement that ARTI will see a spike to .03-.05 over the couple days following this announcement.
I just received the following email from Edward within the past 10 minutes and wanted to get it out to all of you before the news starts really spreading. If you plan on adding to your ARTI position or entering it for the first time, I suggest getting your order in now, as this email will make you VERY HAPPY!
The email from Edward, copied below, states a couple very important things for those of us holding ARTI. First off, the acquisition of CSD will be announced via press release (they use www.marketwire.com) at noon. You will also see that Mr. Vakser has stated within 4 days of making this acquisition final, the company has to file an 8k to the SEC, which should serve as a timeframe in which ARTI continues it's upward climb, we may see some pullback after the initial jump, but when the 8k is filed, you should see another jump.
A copy of Edward's email is below...
GOOOO ARTI!
Chris
Chris, we just got last minute changes from CSD management, small stuff, not a deal breaker. It seemed that we had it all figured out and there are just a few legal ease “word-smiting”. The PR is ready to go, since both companies need a closure before the other strategic announcements are made.
Noon tomorrow should be it. Also, we have 4 days from signing to file 8k, and that should help everyone to get a better picture as to what the company is doing. I hope that our closure forecast on other acquisition will become more timely and accurate. With Artchannel, Larry and I fast tracked everything, and we used our own cash, so it was easy. However, now we had too many moving parts. Historically, I’ve acquired 8 companies and all of them worked out, however, the common denominator, is that it always took longer than expected. And then, although you can agree on the terms, the lawyers get in and things do change…
Best regards,
-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO
ARTI
Hey guys, as you know I have been in constant contact with Artfest International (ARTI) CEO Edward Vakser. We have all been waiting (a long time) for the closing of the Charity Sports acquisition and virtually all following this stock agree that upon its announcement that ARTI will see a spike to .03-.05 over the couple days following this announcement.
I just received the following email from Edward within the past 10 minutes and wanted to get it out to all of you before the news starts really spreading. If you plan on adding to your ARTI position or entering it for the first time, I suggest getting your order in now, as this email will make you VERY HAPPY!
The email from Edward, copied below, states a couple very important things for those of us holding ARTI. First off, the acquisition of CSD will be announced via press release (they use www.marketwire.com) at noon. You will also see that Mr. Vakser has stated within 4 days of making this acquisition final, the company has to file an 8k to the SEC, which should serve as a timeframe in which ARTI continues it's upward climb, we may see some pullback after the initial jump, but when the 8k is filed, you should see another jump.
A copy of Edward's email is below...
GOOOO ARTI!
Chris
Chris, we just got last minute changes from CSD management, small stuff, not a deal breaker. It seemed that we had it all figured out and there are just a few legal ease “word-smiting”. The PR is ready to go, since both companies need a closure before the other strategic announcements are made.
Noon tomorrow should be it. Also, we have 4 days from signing to file 8k, and that should help everyone to get a better picture as to what the company is doing. I hope that our closure forecast on other acquisition will become more timely and accurate. With Artchannel, Larry and I fast tracked everything, and we used our own cash, so it was easy. However, now we had too many moving parts. Historically, I’ve acquired 8 companies and all of them worked out, however, the common denominator, is that it always took longer than expected. And then, although you can agree on the terms, the lawyers get in and things do change…
Best regards,
-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO
ARTI
Hey guys, as you know I have been in constant contact with Artfest International (ARTI) CEO Edward Vakser. We have all been waiting (a long time) for the closing of the Charity Sports acquisition and virtually all following this stock agree that upon its announcement that ARTI will see a spike to .03-.05 over the couple days following this announcement.
I just received the following email from Edward within the past 10 minutes and wanted to get it out to all of you before the news starts really spreading. If you plan on adding to your ARTI position or entering it for the first time, I suggest getting your order in now, as this email will make you VERY HAPPY!
The email from Edward, copied below, states a couple very important things for those of us holding ARTI. First off, the acquisition of CSD will be announced via press release (they use www.marketwire.com) at noon. You will also see that Mr. Vakser has stated within 4 days of making this acquisition final, the company has to file an 8k to the SEC, which should serve as a timeframe in which ARTI continues it's upward climb, we may see some pullback after the initial jump, but when the 8k is filed, you should see another jump.
A copy of Edward's email is below...
GOOOO ARTI!
Chris
Chris, we just got last minute changes from CSD management, small stuff, not a deal breaker. It seemed that we had it all figured out and there are just a few legal ease “word-smiting”. The PR is ready to go, since both companies need a closure before the other strategic announcements are made.
Noon tomorrow should be it. Also, we have 4 days from signing to file 8k, and that should help everyone to get a better picture as to what the company is doing. I hope that our closure forecast on other acquisition will become more timely and accurate. With Artchannel, Larry and I fast tracked everything, and we used our own cash, so it was easy. However, now we had too many moving parts. Historically, I’ve acquired 8 companies and all of them worked out, however, the common denominator, is that it always took longer than expected. And then, although you can agree on the terms, the lawyers get in and things do change…
Best regards,
-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO
ARTI
Hey guys, as you know I have been in constant contact with Artfest International (ARTI) CEO Edward Vakser. We have all been waiting (a long time) for the closing of the Charity Sports acquisition and virtually all following this stock agree that upon its announcement that ARTI will see a spike to .03-.05 over the couple days following this announcement.
I just received the following email from Edward within the past 10 minutes and wanted to get it out to all of you before the news starts really spreading. If you plan on adding to your ARTI position or entering it for the first time, I suggest getting your order in now, as this email will make you VERY HAPPY!
The email from Edward, copied below, states a couple very important things for those of us holding ARTI. First off, the acquisition of CSD will be announced via press release (they use www.marketwire.com) at noon. You will also see that Mr. Vakser has stated within 4 days of making this acquisition final, the company has to file an 8k to the SEC, which should serve as a timeframe in which ARTI continues it's upward climb, we may see some pullback after the initial jump, but when the 8k is filed, you should see another jump.
A copy of Edward's email is below...
GOOOO ARTI!
Chris
Chris, we just got last minute changes from CSD management, small stuff, not a deal breaker. It seemed that we had it all figured out and there are just a few legal ease “word-smiting”. The PR is ready to go, since both companies need a closure before the other strategic announcements are made.
Noon tomorrow should be it. Also, we have 4 days from signing to file 8k, and that should help everyone to get a better picture as to what the company is doing. I hope that our closure forecast on other acquisition will become more timely and accurate. With Artchannel, Larry and I fast tracked everything, and we used our own cash, so it was easy. However, now we had too many moving parts. Historically, I’ve acquired 8 companies and all of them worked out, however, the common denominator, is that it always took longer than expected. And then, although you can agree on the terms, the lawyers get in and things do change…
Best regards,
-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO
Hey guys, as you know I have been in constant contact with Artfest International (ARTI) CEO Edward Vakser. We have all been waiting (a long time) for the closing of the Charity Sports acquisition and virtually all following this stock agree that upon its announcement that ARTI will see a spike to .03-.05 over the couple days following this announcement.
I just received the following email from Edward within the past 10 minutes and wanted to get it out to all of you before the news starts really spreading. If you plan on adding to your ARTI position or entering it for the first time, I suggest getting your order in now, as this email will make you VERY HAPPY!
The email from Edward, copied below, states a couple very important things for those of us holding ARTI. First off, the acquisition of CSD will be announced via press release (they use www.marketwire.com) at noon. You will also see that Mr. Vakser has stated within 4 days of making this acquisition final, the company has to file an 8k to the SEC, which should serve as a timeframe in which ARTI continues it's upward climb, we may see some pullback after the initial jump, but when the 8k is filed, you should see another jump.
A copy of Edward's email is below...
GOOOO ARTI!
Chris
Chris, we just got last minute changes from CSD management, small stuff, not a deal breaker. It seemed that we had it all figured out and there are just a few legal ease “word-smiting”. The PR is ready to go, since both companies need a closure before the other strategic announcements are made.
Noon tomorrow should be it. Also, we have 4 days from signing to file 8k, and that should help everyone to get a better picture as to what the company is doing. I hope that our closure forecast on other acquisition will become more timely and accurate. With Artchannel, Larry and I fast tracked everything, and we used our own cash, so it was easy. However, now we had too many moving parts. Historically, I’ve acquired 8 companies and all of them worked out, however, the common denominator, is that it always took longer than expected. And then, although you can agree on the terms, the lawyers get in and things do change…
Best regards,
-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO
My noon "prediction" has some weight behind it. Had to send this out to my stock email subscribers before posting here, but here's my email... And the email from Edward received right before I originally posted...
Hey guys, as you know I have been in constant contact with Artfest International (ARTI) CEO Edward Vakser. We have all been waiting (a long time) for the closing of the Charity Sports acquisition and virtually all following this stock agree that upon its announcement that ARTI will see a spike to .03-.05 over the couple days following this announcement.
I just received the following email from Edward within the past 10 minutes and wanted to get it out to all of you before the news starts really spreading. If you plan on adding to your ARTI position or entering it for the first time, I suggest getting your order in now, as this email will make you VERY HAPPY!
The email from Edward, copied below, states a couple very important things for those of us holding ARTI. First off, the acquisition of CSD will be announced via press release (they use www.marketwire.com) at noon. You will also see that Mr. Vakser has stated within 4 days of making this acquisition final, the company has to file an 8k to the SEC, which should serve as a timeframe in which ARTI continues it's upward climb, we may see some pullback after the initial jump, but when the 8k is filed, you should see another jump.
A copy of Edward's email is below...
GOOOO ARTI!
Chris
Chris, we just got last minute changes from CSD management, small stuff, not a deal breaker. It seemed that we had it all figured out and there are just a few legal ease “word-smiting”. The PR is ready to go, since both companies need a closure before the other strategic announcements are made.
Noon tomorrow should be it. Also, we have 4 days from signing to file 8k, and that should help everyone to get a better picture as to what the company is doing. I hope that our closure forecast on other acquisition will become more timely and accurate. With Artchannel, Larry and I fast tracked everything, and we used our own cash, so it was easy. However, now we had too many moving parts. Historically, I’ve acquired 8 companies and all of them worked out, however, the common denominator, is that it always took longer than expected. And then, although you can agree on the terms, the lawyers get in and things do change…
Best regards,
-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO
Expect the CSD press release around noon
Chris
My opinion as to what?
The CEO has told the share structure, it's in all the SEC filings, and cannot be changed without a vote... End of discussion.
I think that I read somewhere that companies in this sector trade at 3-4 times earnings...
So based on your 500 million count and 3.3 million in revenues...
$3.3 million divided by 500 million = 0.066
0.066 x 3 = a pps of 0.198
0.066 x 4 = a pps of 0.264
And those numbers are only factoring the CSD yearly revenues. To figure the actual numbers, you need to factor in all ARTI revenues, plus the numbers from any other acquisitions they make.
Chris
For those of you who missed the BBDA spread yesterday:
http://www.4shared.com/file/114256336/9b30a9d6/090617_FD_Issue_162_3.html
File in pdf format.
CHris
Thanks for sharing!
If these two paragraphs, along with the CSD Acquisition to be announced in days don't get you excited, nothing will
"Yes, our goal is to trade on the big boards, and we are working towards the qualifying. Our mergers and acquisitions plan, as well as our Technology, should give us boost to do so. So far, we are having a good year, and with revenue, and assets, we will qualify soon."
"As far as speculating, well, the whole story is actually IN our press releases. We already announced that the company is involved in buyback program, and that we ARE fully reporting."
---> We already announced that the company is involved in buyback program
um yeah, if they are buying back, it explains the .0031's -and if the shares are bought back and THEN CSD, wow... this stock ran to .02 on the higher share count, on NO NEWS
GOOOOO ARTI!
Chris
My apologies... I stand corrected. Thanks guys!
Authorized and Outstanding are two different things, please stop intentionally misleading investors on this board.
The Authorized Share Count as of 05/15/2009 reamains at 1,000,000,000 and cannot be increased without shareholder approval as this is not a pinksheets company.
Chris
ARTI:
There are only 4 trading days (including today) left in the month, and we have been told via yesterday's PR (http://www.marketwire.com/press-release/Artfest-International-Inc-1008648.html) that we can expect CSD by the end of the month...
On it's last significant run, ARTI ran from .0019 to .02, a 1000% runner - I fully expect ARTI to peak between .03-.05 (another 1000%er) on CSD news release as this news is far more significant than any news released on its last major run!
GOOOOO ARTI!
Chris