Pete I don't believe any of this accumulation talk. Just add it to the long list of false rumors flying around on the boards

No I haven't. Do you have a link?

Yeah I'm still here....unfortunately. I'm pretty much stuck here with this PPS. I'm giving it until the end of the year and I'm selling whether it goes up or not. If it goes up, great. If not, I can take the loss and use it to cancel out gains in other positions.

not at this share structure

I was hoping I would when it came out, but I didn't see anything either. They didn't pay for it, they don't own it.

This PR ranks up there with us getting our dividends

Blowing smoke up everyones' you know what

Pete this has to be yet another lie from EV.

Did you see anything on the last quarterly showing $2.5 million in cash or any warrants going out for the Picasso?

HAHAHAHAHAHAHAHAHA!!!! Now that is funny!!

With a 10 billion A/S, that is a market cap of $100 million!!!

funny stuff

That sounds exactly like what you were doing just awhile back

(minus the news predictions)

Why in the world does everyone think the Picasso sold???? Because someone who has never posted on this board before jumps on Sunday night and said news is coming?? Boy that was really a stretch of a guess after we didn't get news for 3 weeks!! Give me a break!!

Take your emotions out of the mix for a minute, pretend like you don't have any money invested here, take a step back and look at what the company has done in the last 12 months.

What is more likely:

(1) The PPS shoots to a penny giving them a market cap of roughly $100,000,000

(2) They max out the 20 billion A/S and do another R/S?

very little to no chance

I personally think that is a little high, but lets use $10 million. With what I'm guessing is an O/S of probably close to 10 billion, that puts the PPS at .001

As they continue to dilute, we will continue to fall below that until the current .0002 actually is the correct PPS.

Sad.....just sad

Remove EV from the equation and I think they have a lot more potential

I am very interested in hearing what some on this board think a realistic market cap of ARTS should be right now.

HAHAHAHAHAHAHAHAHAHAHAHA!!!!!

Now that was funny!!!

Trust me...I take everything I hear on this board with a grain of salt and only rely on my own DD and the DD of a very few on boards

Are you insane? You think EV putting out a PR that states no R/S will increase confidence after they just raised the A/S to 20 BILLION???

The only thing that will give me confidence right now is to hear EV is going to jail and somebody else is heading up the company.

no worries.

That just means that we are now in the longest stretch of no PR that we have had since the R/S about a year ago

thanks Pete

Morning Pete

When was it that we went 21 days without a PR? I went back looking through the PRs through about November and didn't find that gap, but I just briefly scanned them. I wanted to look and see what type of "meat" the PR had that was released after that 3 weeks, and what happend to the PPS when it was released.

thanks in advance

Agreed that it is absurd at this level. However, the last R/S they did was a 1-50. With an O/S right now of 6 billion (my guess), that would bring the O/S down to 120 million. Still, it would only bring the PPS up to .005

Pete didn't somebody say they will be getting paid after the first quarter of being with the company? Does that mean they won't be doing anything for 3 months?

That would be a huge wall indeed. I do believe a lot will be selling a portion of their shares to be able to take a little profit. I know I would be

True a lot of companies are like this, but this is one of the worst I have ever seen. Here is a list of things we need updates on just off the top of my head.

1. Luxor
2. Rhupert
3. Starfest (members? sales? anything?)
4. Picasso
5. Reprints of Picasso (limited # to be sold on Starfest?)
6. What happened with the deal with Time Warner?
7. The Expo EV was at in Las Vegas (anything happen?)
8. Dividend? (Both the first and second that were talked about)


They didn't even come out with a PR letting shareholders know they changed the name of Artfest Direct to Starfest Direct!! Nor did they come out with a PR letting shareholders know the increased the A/S of starfest to 500,000,000 from 10,000,000. (I believe these are the accurate numbers anyway - going off memory)

Agreed.

I would prefer to have your upbeat feelings over the feelings I am having right now. Here is the problem though, even with those huge big blocks of buys, the PPS has declined or stayed flat. When is the last time we saw a meaningful increase in PPS on this play? I would love to see a PR come out that would shoot the PPS up 500%...but then what happens then? I lot of people have loaded up at .0002, .0003, .0004. What is going to happen when/if this goes to .0008? On top of the crazy dilution that will happen, there will be a TON of people selling to take profits which will put a lot of pressure on the PPS yet again.

I really hope I am proven wrong on this Fin....I have just lost all confidence. I guess the good news is that at this PPS I have no choice but to stay in and ride it out one way or the other

The only immediate way I can see them getting out of this rut is if the Picasso sells (If they even have the ability to sell it. For all we know this was another PR stunt to draw attention to ARTS and they never were able to sell it in the first place)

Unfortunately we don't know.....nobody knows because they fail time and again to update shareholders on the progress of past PR's. Seems they like to just come out with a PR with hype to give investor confidence a boost and then you never hear about that topic again.

Pete you seem like a smart guy. Did you believe Bux when he said Tom was going to get him to stop diluting and reduce A/S closer to O/S? You should know by all the financials that have been released that EV HAS to continue to dilute in order to pay bills. Look at the last quarterly and how much the expenses went up. Sure, the revenue increased, but not near enough to pay the expenses. They HAVE to dilute in order to keep the lights on.

Here is the problem...with pace they are doing it at now with this joke of a PPS is absurd. They could max out the A/S in a couple months....and if they don't have the revenue to meet expenses by then what are the options?

(1) R/S and start all over
(2) Increase A/S to more than 10 billion
(3) Bankruptcy


This is what I see anyway. Seems they are in a death spiral. Wish it wasn't the case but that is just how I see it.

What is up with the HUGE volume this week?

A new PR company isn't going to make ARTS jump into pennyland. What are they going to PR about? More potential goals and objectives that the company hasn't come through on? ARTS is the one that needs to act, and act now, if the PPS is going to rise. The job of the PR company is to relay information to the public about what is going on with the company. If the company isn't doing anything, (i.e. - following up on promises they have already made), then you can have the best PR company signed on board and the PPS still won't move.

I would agree with that, unless they released information for shows being broadcast that were not already stated in a PR, or talked about revenues from commercial spots and so on

I was actually referring to the release of the new PR/IR firm at the openhouse

exactly. Consume, buy more, cunsume, buy more, cunsume, buy more.

Art = buy, display, done

I hope you're right. But the problem is there isn't a stream of income coming in like with herbalife. Completely different ballgame. Like I mentioned, the products offered on artfest/starfest are more of a "one and done" type product.

What he meant is that people that purchase from herbalife do so on a weekly, monthly, quarterly, basis...whatever it may be. People that would purchase from artfest/startfest would do so once, maybe twice. You can only buy so much art/decor before your decorating needs are completed, or you have all the sports memorabelia that you want. Unlike the herbalife stuff where you take on a daily basis for years.

They can't release that information to only the shareholders that went to the openhouse. That is illegal my friend. If they were going to tell shareholders at the openhouse of this new information, they would have had to release it before then, like on the Friday before the openhouse.

I find it kind of funny that artfest direct has been up and running for I believe over 3 months now and there has not been 1 update on how things are moving along. No membership update, no sales update, no nothing.

I'm guessing they haven't sold much of anything

I'm hope I'm not right either. I'm in the same boat as you down about 97%. They just haven't given me any reason to believe I won't be right otherwise I would buy more at these levels. I'm absolutely not going to sell at these levels either. I would love to see a spike just so I can get up to a 50% loss and get out!!


I think you were right on with needing devine assistance because EV definitely isn't providing any assistance!!

Would you mind telling everyone what happens when you go from 500,000,000 to 10,000,000,000 in O/S in less than a year, and on top of it do it in the 12 months following a R/S?????

Death of the company is what happens.

I really can't understand why you would thing they would reduce the A/S down 50%, which would basically max out the O/S, when all they have been doing for months is diluting so they can keep the lights on. Did you read the 10-Q? Do you understand how to read the 10-Q? They are losing money EVERY quarter....and not by a few dollars here and there. If a company spends more than they make, and continue to do so, they WILL go bankrupt. End of story. Increasing revenues are great and all, but when your expenses are increasing as much as theirs, it spells disaster.

Please respond to this thought....

If EV diluted 4 billion shares in the last several months when the PPS was between what...002 - 0005, how long will it take him to dilute the remaining billions of shares when the PPS is at .0005 - .0001

??????????


I know most everyone here wants this to go into pennyland, including myself because yes I am long here, but have you stopped a minute and backed off your dreams of becoming rich of this play to really look at the numbers and what has happened lately????

Bankrupt by end of the year

ARTS only has about 5 billion shares left to dilute...and at the rate they are going this could happen before the end of the year. THEN WHAT???

And before you start calling people liars I would go back and check your posts. You already have posted twice that the A/S is 4.5 billion. THAT IS A LIE

OF COURSE IT'S MILLION....THERE IS ONLY A 5,000,000 A/S ON THE PREFERRED STOCK.