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Same exact thing that they did all summer,this time though they won't make it to 2 billion before it goes no-bid.
The 10K...This will be the death blow for ARTS.pk,they are over a billion shares o/s already,no bid this month and then they have to r/s again,because they have to sell shares to pay bills and then ch 11,I can't see them making it through the year without ch11.The numbers just don't add up and they won't be able to sell shares for debt no company will be that foolish...what a pos stock,the worst.
He dumped over 100 mm shares in the last two days......EV does affect the pps,dilution is why this will be bk by the end of the year,Why did Chris miner quit?
Just look at the pps,why is it @ 0.0001x0.0002...Why? Simple question?
Real assests....unbearable debt...do the math, they can't make the payements on their debt, everything is paid for in shares,it is going no-bid without a doubt a few more 50 million dumps and it will be no bid again...basic math guy.Lets see what happens Monday watch the bid thin out,because this 10-k is a disaster.
This says it all...no bid is imminent.
Quote:
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In view of our limited operating history, our ability to obtain additional funds is limited. Additional financing may only be available, if at all, upon terms which may not be commercially advantageous. . The Company relies on the issuance of securities to pay for services, and finance its ongoing operations. Based upon the Company’s current market capitalization, this will result in significant dilution to the shareholders.
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It says 600,000 projected,It is now @ 1.3 billion...big difference.
Not even close on the O/S try @ 1.3 billion....nice try though.
The company is in real trouble,all that pumping for what 100mm shares dumped in the last two days...that means 100 mm for sale @ 0.0002,it will hit no bid next week for sure,the dilution is the worst,the 10K is HORRIBLE!
Nothing to be happy about,about as bad as it gets.Let be real here,bleeding out with the debt and debt conversion.
Why....Chris Miner stepped down the o/s are over a billion,the revenues are down,they have to rely heavily on dilution, No bid is more like it...what a pos.This was terrible, just terrible!
It is 750 mm,that they are doing a r/s on,that is how I understood it.1,875,000 will be the o/s after the r/s.
I think so,Jan 15th was the last record date from what I understood from EV.I will check again and let you know.
Atleast you made some money,that is more than I can say.It is debt conversion on VFIN and who knows how much is left to convert or if they will lay off for a while,there wasn't any conversion this week,I think has one big run because the float is @ 350 mm and @ this price it is really thin for 1x2,if he can get the dividends issued soon it will run.We shall see.The debt conversion is what kills the pps and the lack of trust and credibility it is that simple.
I just don't see how bashing a stock you will have a dividend in will help you? I am not happy but bashing Starfest won't help me in any way on my ROI,just the way I see it.
He said he bought another shell to spin off..Pat Summerhall,UWFL and Art Channel.Newman found it.I think ARTS has one big run in it,the float is too low @ 350 million to be @ zero....Good luck Key.
Shares on a pre-split count...........Yes I agree.our biggest mistake was miscalculating the timing.and then it fell under non disclosure till we got all filings done.as far as the divy.we will issue an announcement that will also re confirm that the shares will be
On a pre split count.I hope that with the multiple quarters distribution all shareholders of record will see a greater return.and the good news is that it is trading.the starfest is the wholy owned sub that we are moving in there.we will be issuing a detailed pr and an8k as well as the letter to shareholders from me.and then, we are now due for a shareholder meeting.we wanted to combine and do all companies at the same time.maybe when people see our place and our companies they may see that we are for real.
Regards,
Edward Vakser
Artfest International
13300 Branch View
Farmers Branch, TX 75234
214-274-2420
This is from last year,the dividends are from the record dates,April15th,July15th,Oct15th and Jan 15th of this year,they are all on a Pre-split share count according to EV.
A note for ARTS.pk shareholders from EV.
Unless my math is wrong, all shareholders will be pleasantly surprised. PBHG, as part of the closing docs, has filed a RS on a 400 to 1 ratio. This will deliver a $ 10 dollar stock/dividend to ARTS shareholders. The more focused plan of action, i believe, will allow all separate wholly owned divisions/companies, to concentrate on their business model. ARTS, IS the total picture, and the rest of the units are still part of it. This way, the shareholders will understand why we made several strategic acquisitions and why they were so important to the TOTAL plan. However, if a shareholder is still unhappy with the company, I'm hoping that the dividends would at least compensate for the PPS.
That's cool it is a 8 billion dollar a year company.I understand if you are mad at EV,I am not a happy camper,I had 42 million shares before the r/s but to be mad at your money is another thing.The dividends are going to be paid with Starfest stock,by bashing Starfest how are you helping the ROI from the dividends?
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The company was launched by Jay Van Andel and Richard DeVos and does business through several sister companies that have operations in more than 90 countries. The company has battled several lawsuits worldwide. The 2008 sales figures for the company exceeded $8 billion.
What is Starfest ticker symbol?
Looks like A RM with ARTS.PK
ARTS bought another shell....TSRR.PK
TRADESTAR RESOURCES CORPORATION
Business Entity Information
Status: Active File Date: 6/09/2006
Type: Domestic Corporation Entity Number: E0432182006-2
Qualifying State: NV List of Officers Due: 6/30/2012
Managed By: Expiration Date:
NV Business ID: NV20061061027 Business License Exp: 6/30/2012
Additional Information
Central Index Key:
Registered Agent Information
Name: INCORP SERVICES, INC. Address 1: 2360 CORPORATE CIRCLE STE 400
Address 2: City: HENDERSON
State: NV Zip Code: 89074-7722
Phone: Fax:
Mailing Address 1: Mailing Address 2:
Mailing City: Mailing State: NV
Mailing Zip Code:
Agent Type: Commercial Registered Agent - Other
Jurisdiction: NEVADA Status: Active
View all business entities under this registered agent
Financial Information
No Par Share Count: 0 Capital Amount: $ 500,000.00
Par Share Count: 400,000,000.00 Par Share Value: $ 0.001
Par Share Count: 100,000,000.00 Par Share Value: $ 0.001
Officers Include Inactive Officers
Director - AHMAD ABDUL-QADIR
Address 1: 2360 CORPORATE CIRCLE - SUITE 400 Address 2:
City: HENDERSON State: NV
Zip Code: 89074-7722 Country:
Status: Active Email:
Secretary - ANGIE TASSAN
Address 1: 2360 CORPORATE CIRCLE - SUITE 400 Address 2:
City: HENDERSON State: NV
Zip Code: 89074-7722 Country:
Status: Active Email:
Treasurer - SCOTT TASSAN
Address 1: 2360 CORPORATE CIRCLE - SUITE 400 Address 2:
City: HENDERSON State: NV
Zip Code: 89074-7722 Country:
Status: Active Email:
President - EDWARD VAKSER
Address 1: 2360 CORPORATE CIRCLE - SUITE 400 Address 2:
City: HENDERSON State: NV
Zip Code: 89074-7722 Country:
Status: Active Email:
ARTS bought another shell....TSRR.PK
TRADESTAR RESOURCES CORPORATION
Business Entity Information
Status: Active File Date: 6/09/2006
Type: Domestic Corporation Entity Number: E0432182006-2
Qualifying State: NV List of Officers Due: 6/30/2012
Managed By: Expiration Date:
NV Business ID: NV20061061027 Business License Exp: 6/30/2012
Additional Information
Central Index Key:
Registered Agent Information
Name: INCORP SERVICES, INC. Address 1: 2360 CORPORATE CIRCLE STE 400
Address 2: City: HENDERSON
State: NV Zip Code: 89074-7722
Phone: Fax:
Mailing Address 1: Mailing Address 2:
Mailing City: Mailing State: NV
Mailing Zip Code:
Agent Type: Commercial Registered Agent - Other
Jurisdiction: NEVADA Status: Active
View all business entities under this registered agent
Financial Information
No Par Share Count: 0 Capital Amount: $ 500,000.00
Par Share Count: 400,000,000.00 Par Share Value: $ 0.001
Par Share Count: 100,000,000.00 Par Share Value: $ 0.001
Officers Include Inactive Officers
Director - AHMAD ABDUL-QADIR
Address 1: 2360 CORPORATE CIRCLE - SUITE 400 Address 2:
City: HENDERSON State: NV
Zip Code: 89074-7722 Country:
Status: Active Email:
Secretary - ANGIE TASSAN
Address 1: 2360 CORPORATE CIRCLE - SUITE 400 Address 2:
City: HENDERSON State: NV
Zip Code: 89074-7722 Country:
Status: Active Email:
Treasurer - SCOTT TASSAN
Address 1: 2360 CORPORATE CIRCLE - SUITE 400 Address 2:
City: HENDERSON State: NV
Zip Code: 89074-7722 Country:
Status: Active Email:
President - EDWARD VAKSER
Address 1: 2360 CORPORATE CIRCLE - SUITE 400 Address 2:
City: HENDERSON State: NV
Zip Code: 89074-7722 Country:
Status: Active Email:
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A reverse merger explained.
http://en.wikipedia.org/wiki/Reverse_merger
Lets hope not,I would like to get something back for these dividends,VFIN is back on the ask....unreal.
He bought PBHG to get Starfest to market,it is a cheaper way to get a stock trading with a RM.The dividends are going to be in this stock.
It is going to be Starfest direct,PBHG is just a shell and a way to get Starfest to market without doing an IPO,It is a RM,they bought another shell company but EV wouldn't tell me the ticker,I guess for a rm with Artchannel,he said there will be another 8-k for that one.
News Out....8-K filed.
http://ih.advfn.com/p.php?pid=nmona&article=47114697
VFIN is the one who is doing most of the dumps,Vert just pours a little salt on the wound.
Did you get filed with the rest of your order? Another tax write off for 2011...lol.
Most were buys @ the ask,43 million traded @ 3,he hasn't pumped this pos once this year,which is the only difference in this bloodbath,kinda strange for the PR master.This stock is not pumpable,credibility is zero and so is the stock performance,EV need to produce tangable results and that is the only way this pos will move north.
Really...come on,this is a big deal? FFGO said that they are going dormant and that NMGL wasn't going to provide updates and that the record date would be emailed,so I see this as a good sign,this is a very risky stock,high risk high reward,part of the gig...btw the 501 mm share block was a BUY!
Arts has created their own reality with piss poor management and a horrible track record and a stock price that reflects what everone thinks of the company,the MM's have nothing to do with EV and him being a horrible CEO,I have owned this stock since June and not one project has been completed since then,not one.Everyone knows if they want to buy the stock they just have to bid squat and they will get filled because of the CD and EV dumping as well,perfect example go to Artfest webpage,it is awful at the bottom the link to Myartfest buffers the whole time,no news in five months or updates and you get a stock worth 0.0002.Pretty hard for a stock to go up when everying is traded @ the bid,don't ya think?
The better question is why would anyone cover? Everyone always blames the MM's when the stock is a pos or doesn't move the way they want,it can't be management or lack there of.It can't be massive dilution or no completion of a single project or PR has EVER come to frution,no it is all on the backs of the evil MM's and they are apparently " German ".People lie,numbers don't just take a look at the chart...the most fing pathetic chart I have ever seen.Just my 2 cents,EV can keep the change,that is what I had left after 42 mm pre-split shares.
That was me,needed to free up some cash..lmao.
It has been like this almost everyday since I bought in June,this is par for the course...sos..different day...different year.The chart says it all.I think it still has sometime before no-bid the o/s are only @ 150 million...unreal.Only thing this is good for is a tax write off!
Just waiting on the OTC markets to switch over the officers to Artfest,more info when I get it.
Well, our attorney is finalizing the 8k. And i'm waiting on the otc markets to updates the co info on PBHG, with our group posted.Then, we will be launching Starfest.And yes, we will post instructions for the divys. It;s just a matter of time.
Best Regards,
Edward Vakser
Artfest International Inc.
214-274-2420
13300 Branch View Rd.
Dallas, TX 75234
Debt conversion,lack of trust,2rs and everyone bid squats because of the dilution and no buying pressure=ARTS.pk
Any idea on the share structure?