Certified moron
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Starfest Direct got served yesterday via certified mail to National Registered Agents, Inc. in Nevada. This tells me that Starfest has no physical address or active business operations in Dallas.
Eddie needs to contact the server and get it over with:
Lloyd Moore
Civil Process & Investigations
214-543-1601
Any chance Mr. Winfrey will show up at court on December 12th to defend PBS Holdings from the $800,000 lawsuit suit by Mr. Rash? Or is it just not worth the effort?
Tom Stokes and Eddie's Pee-casso
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62151054
Thomas Wayne Stokes
What were the specific charges that resulted in his imprisonment?
What is his involvement with Artfest?
Was he banned from being involved in anything as a condition of his parole?
This is the 2nd known felon associated with Artfest. The other being Beryl Zyskind.
--------------
Tom Stokes:
Tom Stokes 'Director International Marketing'
1993 Indicted 6 Counts of Fraud, Conspiracy to Defraud,
Transportation of stoled Property, concerning investment Fraud
1996 Indicted 9 counts of fraud, Including but not limited to:
Copnsipracy to Defraud the US Government, Wire Fraud, and others
Sentenced to 78 Months Prison with 3 Years supervised Release (beginning October 2002)
New Scam - Pablo Picasso art Statue - claims is worth 51M, Validated with several experts - Highly questionable
Claims that Paul Garfinkle's of Flordia, family was given statue, Claims that Barry Wicker, of Chicago obtained the statue for DR who died in Chicago.
Story changes everywhere from place, origin, ownership, agreement.
Paul Garfinkle - Convicted on over 100 Counts simular to Tom Stokes.
BUYER BEWARE!!!! Art Fest International, Channel Galleries, and Brothers Reality & Invesment Group LLP is DANGEROUS!!!!!!!!
http://www.stockrants.com/forum/us-penny-stock-picks/4115-arts-artfest-international-inc-4.html
C & G Investment Group Bankrupt
http://freecourtdockets.com/docketsummaries/C-G-INVESTMENT-GROUP-LLC-4-11-bk-44611-Texas-Northern-Bankruptcy-Court-Docket-Case-Summary-71833.htm
Moving to Tradestar?
In his lawsuit, Steven Rash asserts that Eddie, Angie and Scott looted Artfest --in part-- by transferring assets to PBS. The suit includes everyone above as well as Starfest. However, Tradestar is not a part of the suit.
Question: What are the odds that assets have been moved yet again --this time to Tradestar?
Question: What about CSD? Eddie claimed he owned that. If true, under what corporate shell is it parked? CSD is the one business venture that seemed to be legit. My guess is it was purchased with a bit of cash plus a truckload of stock and promissory notes. Did he default on that deal as well? who owns CSD?
Eddie knows his trial is December 12th
How could he not? We all know he monitors what's being said here on the PBHG, ARTS and TRADESTAR boards. Here are his public comments:
http://investorshub.advfn.com/boards/Profile.aspx?user=300595
The fact that his sister and brother-in-law have been officially served should be sufficient. I suspect the judge will not look kindly on Eddie evading the process server. If I were him I'd call the guy and say "I'll meet you here at 10am so you don't have to track me down." IMO this cat-and-mouse game is utterly juvenile. Afterall, this man is only going to hand him a piece of paper... not handcuff him.
6 days till the trial. Place your bets on who will win the Duraflame Picasso!
Scott Tassan has been "served"
Citation filed on November 2nd. Now if they can just track down Eddie.
Eddie's "Magic Method"
Apparently Vakser is having some major difficulty in duplicating the magic method he used to make <cough> millions for IGI?
Starfest "sales"
Before the Starfest website went offline you could see how many units of certain products they supposedly had in inventory. As I recall those numbers rarely ever changed. IF "several major distributors had signed on" there would have likely been a surge in sales due to purchases by these people. I don't think that ever happened.
Pathological liar
Any of this sound familiar?
http://en.wikipedia.org/wiki/Pathological_liar
"There are many consequences for being a pathological liar. Due to lack of trust, most of their relationships and friendships fail. And, if it continues to progress, their lying could get them into trouble with the law."
Also check out "Confabulation"
http://en.wikipedia.org/wiki/Confabulation
$800k???
Deserved or not, this CEO apparently has a pathological problem withmaking grandiose promises, pledges and PR statements. If Rash has something air-tight and in writing the judge may just rule against Eddie & Co. If he doesn't he should re-take Business 101.
I still don't think rash deserves anything close to 800k, for one thing arts suposedly audited fenancials don't bear out that type of cash for any of the officers of arts.
TSRR current for 6 more months
The Nevada SOS states "Business License Exp: 6/30/2012." We'll see if Eddie has the money to renew it or if he loses it as well.
June 30th of this year is about the time when he is accused of looting Artfest and shifting assets to PBS and elsewhere. The Rash lawsuit gives details of this shell game.
Angie Tassan was served a subpoena on 11/15/11
Being an officer with both Artfest and PBS the court will likely consider that Eddie and Scott (Angie's husband) have been served as well. The court will assume that officers and directors are in communication with each other --doubly so since they are all relatives.
The citation states that failure to file a written response to the court clerk "by 10am of the Monday next following the expiration of 20 days after you were served with this citation, a default judgment may be taken against you." By my calculation, Eddie and crew could be found in default as early as Monday Dec 5th.
Artfest operating illegally?
What are the legal ramifications for continuing to use the word "incorporated" when your company is in "corporate default"?
Has the new board jumped ship?
The Ibox above lists the following:
Company Officers
Edward Vakser -CEO
Christopher Miner -CFO
Anzhelika Tassan -VP, Mkt., Secretary
Scott Tassan -Treasurer, VP, Prod. Dev.
No Bricker, Waldrip or the others. I also thought Chris Miner jumped ship from Artfest long ago.
Mark your calendars
Jury trial is set for December 12th at 9am
(Plaintiff) Steven Rash v. (Defendants) Artfest International, PBS Holdings, Starfest Direct, Eddie Vakser, Angie & Scott Tassan.
Damages sought --$800,000.00
To view all documents in this case click this link http://courtecom.dallascounty.org/pav/ and enter Case# DC1009236 and click "search."
No moderators or assistants on this board
I assume PBS doesn't even rate a hall monitor anymore.
$18,000 quarterly sales= $1,385 per week
duplicate post --sorry
$18,000 quarterly sales= $1,385 per week
That's sales.. not profits, right? I'll speculate that the bulk of those were from member/ recruits stocking up on DeVieSun in order to "get in on the ground floor" (which is MLM-speak admitting there is no level playing field afterall). A search of Starfestdrect.com on www.compete.com shows no measurable web traffic to report.
Can anyone verify whether any of the new PBS board of directors and CEO have jumped ship or not? Just curious.
Arts likely "not a going concern"
Several 10-K's warned of serious doubts that ARTS could remain a 'going concern' without continual infusions of capital from investors. Does anyone think Eddie has any ability to raise new funds in light of his past performance? IMO, the Vaksers and their wacky companies are radioactive. The only thing to do is stay far far away.
Rhupert lawsuit?
It appears Eddie has made these recent statements about Rhupert that he knew to be untrue in order to hype his company and rehab his reputation. These antics were at the direct expense the creator and copyright holder. Additionally, Eddie's statements likely have caused further damage by publicising a non-existent relationship.
I'd find a lawyer and sue the crap out of this liar.
Here's a lawsuit you can follow
Eddie's former President Steven Rash is demanding $800,000 from:
Eddie Vakser, Anzhelika Tassan and Scott Tassan;
Artfest Iternational, Inc;
PBS Holdings, Inc;
Starfest Direct, Inc
The suit accuses Vakser and the Tassans of using Artfest, PBS, Starfest and other entities as "sham and/or shell entities for cheating Plaintiff and other investors, fraudulently raising money money from investors which goes directly into the pockets of Defendants and using these sham entities to hide and move cash and other assets in a massive and fraudulent shell game..." The suit also accuses Defendants of lying to the SEC.
To view all documents in this case click this link http://courtecom.dallascounty.org/pav/ enter Case# DC1009236 and click "search."
Jury trial is set for December 12th at 9am.
Pass the butter...
this company is toast.
Bizarre behavior
First we have an elaborate spin/ post by Eddie Vakser --the primary defendant in an $800k lawsuit-- followed by a 5,500 share buy of PBHG @ .22 ($1,210) representing a 400% price hike for no apparent reason.
Add to that the deletion of all company, product and promotional info from the PBS board http://investorshub.advfn.com/boards/board.aspx?board_id=20295
Wicky-wacky-woo-woo
Reply to Eddie Vakser
Please clarify for your investors:
1. Are you claiming that your former President Steven Rash is using the courts to extort money from your companies and you, your sister and brother-in-law personally? I assume you maintain that he has already been fully compensated in accordance with your agreement with him, correct?
2. Are you to have readers believe that Rash has been filing "motions to compel" in order to force you to divulge evidence he already has in his possession? What would be the point of that?
3. What reason would Mr. Rash have for requested this trial be repeatedly postponed? This seems to defy all logic in that it (a) results in mounting legal fees for Rash while (b) the value of your companies vaporizes and (c) postpones any potential payday for him. Can you explain?
4. Your own lawyer petitioned the court to be released from this case back on April 6th "for good cause" which you consented to in writing (see document). Why was that? Do you currently have an attorney to defend you and your companies in this case?
Two new documents have been filed with the court as of 11-7-11. (To view all documents in this case click this link http://courtecom.dallascounty.org/pav/ and enter Case# DC1009236 and click "search.") I do note that they still list your address as being 13300 Branch View Rd. Do they not know that you have vacated those premises?
Good Evening everyone! We are working on getting the Q's done.But I thought I would take a break and clear up "some" of these accusations.Since Mr.Fast EddieS, seems to be an attorney as well, and he insists on having a mini trial here. Lets look at some of these items that everyone is so worried that I might be hiding.
1. Mr.Rash worked on ALL Q and K's, with our CPA and AUDITOR. He had full access to ALL bank accounts and "quick books files"
2. We are NOT a cash receiving business, and all of our purchases were made either through Wires, Credid/debit cards and direct deposits.Therefore, all the funds are accounted for, and Steve filed the reports.
3. Mr.Rash is also suing PBHG and ARTS and ME, for moving assets from ARTS to PBHG and for "self enrichment", and he claimes that our directors did all of that "while he was employed" at ARTS.!!!!
NOTE: FES, add up all the dates!!!!! OK, lets see now: Steve was fired in NOvember 2009. We announced the DIVIDEND and a spin off in 2010, and we entered into a purchase agreement with PBHG in the fall of 2010, AND!!! we closed the deal and took over the PBHG in April 2011. More than 2 years AFTER Steve was fired!!!
He is upset because he finally realizes how huge our deals are, and that he will miss the boat. He is attempting to extort money from our companies, and we will NOT allow him to do that. I suppose that Fast EddieS, can't read the 10K either! Lets see how you figure this one out: All that we did do, is take a "PRIVATE COMPANY", that was a DIVISION of ARTS, and make it a "PUBLIC COMPANY", and have it listed as an asset on ARTS books!!! and you call that hiding assets!!! Or, wait! You mean that SEC and everyone else "missed" the full disclosure in our 10K about the transaction????
Ok Fast Eddie S, lets see if I understand how you believe that I hid the assets and only YOU and Steve discovered that. I guess that "ANNOUNCING the Dividends and the spin off, and posting it on the 10K, somehow makes it "hidden"??? Or maybe you simply do not read our business plans , where we clearly state the objectives and where we are in the process to achieve them.
Now, as a final thought for the night, I do hope that Fast Eddie S true goal is to uncover all my hidden agendas and really provide service and reasearch for our shareholders. The fact that he is always here, and on several other boards, without even owning a SINGLE share in ANY of our 3 companies, and his very focused and persistant pressure to challenge me at all times can only be viewed as a "some kind of a positive". So, why can't he,"Fast Eddie SUx", explain his wonderful and somewhat Unbiased Nick name, and while we 're at it, what is his business and investment background???? And I personally, would love to see the tomb stones of HIS past and current busines and companies, that he managed to an incredible success.....Peasants such as myself, would love to "face the accuser", and see the fruits of the "masters' labor.... After all, Fast Eddie SUX...always knows BEST!!!!!!
P.S. The dividends were submitted to FINRA and we are waiting for the issuances....now that both ARTS and PBHG are publicly trading, our dividends should be fine.....Thank you all for your support!
Rash vs. Artfest lawsuit
So what happens if Eddie once again defies the order to cough up the evidence demanded by his former President, Steven Rash? How can he just keep thumbing his nose at the American legal system? Will it take IRS intervention to finally get to the truth? Do you think this information -which Eddie can easily and instantly provide- will expose a mountain of lies he told to the SEC and his investors?
Just askin'
Legal fees charged to Artfest?
My understanding was this lawsuit pre-dated Artfest back in September 2007 when Eddie was involved in something called PEC Holdings, LLC. Does anyone know how this side-show ties to Artfest if at all? If it doesn't, then is it illegal for Eddie to use money from Artfest to pay this tab?
--------
"According to the 'Original Petition' by Dillingham, "Vakser had entered into a "Guarantor of Obligation" on September 6, 2007 wherein Vakser agreet to pay $135,000 in the event of a default by PEC, LLC. on it's obligations to Dillingham. In fact, PEC, LLC defaulted on the underlying obligation and Dillingham made demand on Vakser to honor his guaranty. Despite proper notice and demand, Vakser refused and continues to refuse said obligation."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62875724
I doubt Dillingham's attorney will ever see the $350 bucks in costs that Vakser was also ordered to pay ... but who knows? Maye the stock sales this week went to court fees?
PEE-casso's Porno Provenance
According to Barry Wicker's website...
"This Pablo Picasso wood sculpture was on display for 1 ½ years by an accredited curator at the Natural Gallery Museum of Art, in a Picasso exhibit in Hollywood, California. It was side by side with Playboy's Hugh Hefner's Vargas Girls watercolors. The curator of the museum carbon dated the wood to be of proper period, reflecting the date on sculpture."
https://sites.google.com/site/wickarte/francoise-gilot-by-picasso
Turns out this was an erotic sex/ porn museum & gallery which has been closed for several years.
Natural Art Gallery, the - CLOSED
6741 Hollywood Blvd
Los Angeles, CA 90028
Neighborhood: Hollywood
Click for photo: http://www.loopnet.com/Listing/15435725/6741-HOLLYWOOD-BLVD-Los-Angeles-CA/
And another: http://pics3.city-data.com/businesses/p/8/7/1/7/6088717.JPG
A Google 'street view' of the address shows it was smack-dab in the middle of ticky-tacky-tourist-trap Hollywood... between "Best Souvenirs" and "Capital Rock" ...just down from Fredericks' of Hollywood and across from the seedy Scientology building.
Here are a few choice articles:
http://www.observer.com/2004/02/dust-off-the-dildos-la-gets-sex-museum/
http://www.artcom.com/Museums/newones/90028.htm
http://www.wired.com/sex_drive_daily/2006/05/the_erotic_muse/
http://victoria-lane.livejournal.com/807671.html
An unrelated lawsuit from 2007 reveals the owner to be as follows:
Case Style: Denley Investment and Management Co., Inc. v. The Natural Art Gallery, LLC, Mark Volper, Boris Smorodinsky and Eric Singley. http://www.morelaw.com/verdicts/case.asp?n=BC357728&s=CA&d=36079
Boris Smorodinsky is a Russian immigrant and was the defunct museum’s co-founder and chief executive.
There actually IS a mention of "prints by Alberto Vargas" which can be seen here under "Sex and the Muse" from 2004.. but nothing about them being "watercolors" or the property of Hugh Heffner.
http://www.theeroticmuseum.com/Them/PreviousExhibitions/
Heffner WAS cannonized in their "Erotic Hall Of Fame" along with Larry Flynt, Mae West, Woody Allen, Mata Hari, Dr's Sigmund Freud, Ruth Westheimer, Alfred Kinsey.
http://www.theeroticmuseum.com/Them/CurrentExhibitions/HallOfFame.htm
And there actually IS a Picasso link ..but no mention whatsoever of Francoise Gilot or Eddie and Barry's stump.
http://www.theeroticmuseum.com/Them/PermanentCollection/PabloPicasso.htm
We're not talking your garden variety art museum or gallery that shows a few nudes or bits of erotic art here and there. This was an institution entirely dedicated to SEX.. sexual images, sex toys, sexual lifestyles, the sex industry, sex lives of animals... sex sex sex. Apparently this was the best "museum" wherein to attain the sort of credentials Mr. Wicker hoped would legitimize his "PEE-casso." I just find it interesting that nothing was ever said about the sort of place this really was. All investors ever read were words like "museum" .. "accredited curator" and "carbon dating." I sincerely doubt this news is going to move the value of this piece one way or another. However, the price of firewood this winter might!
---------
Q: How soon until the Picasso documentary is completed and ready for viewing?
A: The Picasso has been somewhat of a "mixed Blessings". On one hand , we designed a "fractional ownership", as part of our Starfest Direct software system, and This Picasso, was the first "Pilot" program. However, I and the team, never expected such a huge back lash, and a "witch hunt", from some of the shareholders. That it resulted in our appraiser getting threatening calls and emails, so she resigned, and then we had to explain to SEC as to why we did NOT put a value on the books for the statue. The problem here, is that we can't win. If we place a 50 million dollar value, then investors may claim that they were induced by such a huge asset. So, we claimed nothing. Until it sells, we will not truly know the full value. On the other hand, our documentary is developing nicely. We shot interviews with family members and witnesses who saw the doctors go to France and bring the piece to Chicago. We have testimonies from museums that displayed the piece. So, I'm very pleased with all the developments so far. And I will say it here, I am not an ART EXPERT, but rather a marketing and technology guy, who is assimilating all the facts and is building a provenance ( a story and a lineage) as to where the piece came from. And in that, we are accomplishing exactly the case, as to why WE HAVE TO USE RFID technology for all new art and custom products.That way, no one in the future has to go through what we are going through in order to prove that a piece is real. Now, I'm being a little dramatic, I realize that they did not have RFID in 1949. But what I am stating, is that the "provenance" and paperwork need to be Network and Web enabled, so that Art and Memorabilia fraud is limited (if not almost stopped.) With that said, my last statement at this point is this: Someone, in approx 1949, found a piece of wood, 6 foot tall , and with interesting wood grain and imperfections. That someone, had a vision, and carved out a magnificent female figure in a very distinct style and attributed the piece to then "live in girlfriend" of Picasso, Francois Guillot. Then, perhaps embarrassed by his name or lack of its popularity, he carved out "Picasso" at the bottom, perhaps as another homage to the old master as well. Again, I will state that I am not an ART expert, but I would never let someone else take credit for my work, especially one as beautiful as this piece.
Someone bought 2,700,000 shares...
@ .0001 per= $270, correct?
2,700,000 x .0001= $270
Wow.. $270. The money is really pouring in now.
One more question for Eddie...
Can you explain why you now list the address for Artfest as being that of PBS/ Starfest 4101 International Parkway Carrollton, TX, 75007 --the company you claimed you "resigned from" a few weeks ago?
What happened to your "10 year lease" on your much ballyhooed 35,000+ square foot "multi-million dollar," state of the art media and television studio on Branch View Dr? When did you vacate those premises? Were you kicked out/ evicted yet again?
While I'm at it.. what happened to the $226,250 worth of taxable "business personal property" the Dallas County Appraisal District shows you supposedly had at the Branch View address? Have you relocated this as well? My understanding was that much of this was "cubicles, phones" and other stuff for use in a call center. How do you plan to run a television studio with virtually no equipment?
Sort of like all those gigantic buildings he "buys" every time he signs a lease on an office inside one.
"How may I evict thee.. let me count the ways."
40 million households?
Seriously? I just checked the Starfest shopping portal and it doesn't look like anything has sold in forever.. at least not in any significant amounts.
Starfest drives its membership through its proprietary direct sales e-commerce venue, membership awards programs, and benefits from both a syndicated TV programming about how to become a member and a business owner/reseller, which will broadcast to over 40 Million households via satellite and cable and a brick and mortar sales and marketing strategic..
IMO I believe this is the Television Promotion. I have yet to see any on the Network or Cable channels. Can anyone point out which channels advertise the product ?...GLTA
Deceptive trade practices
For years now Eddie Vakser has billed himself as a big time art expert. It sounds like you trusted him and his alleged expertise. You took him at his word, bought his stock and were wiped out.. correct?
If you feel Eddie was not acting in good faith ..that he failed miserably in his executive, fiduciary duties ..that he conspired to use an unauthenticated piece of artwork in order to hype his stock while he himself dumped millions of shares... then I'd file a grievance with the SEC.
Eddie has repeatedly proven he is incapable of running any sort of profitable, legitimate art business. His only success is in misleading people into believing his baloney and investing in his schemes.
Despite his claims, Eddie never ever made "millions" with International Galleries, Inc.. not even close.. and I can prove it. Wanna see?
Thats what lured me to buy ARTS shares.. The Picasso went from being Purchased by ARTS to it being for sale on Ebay and now through a 3rd Party....and IMO all they had to do was to take it to Christies or Sotherbys and have it Auctioned off to the highest bidder. Simple Deduction...GLTA
So is Eddie on the hook for everything?
With his "safe harbor" statements being invalid... and his company in default with Texas and Nevada... does this make Eddie and his officers (Angie and Scott) personally liable for all claims against this company?
V. EXCEPTIONS TO THE SAFE HARBOR
The Act provides certain exceptions to the safe harbor, both in terms of parties that may not invoke it and transactions to which it does not apply. The safe harbor is not available in connection with an issuer that was convicted of certain securities-related crimes, or was the subject of securities-related consent decrees, during the prior three years. Section 27A(b)(1)(A). Nor is it available to penny-stock companies, companies involved in "blank check" offerings or roll-ups, or to companies that are going private. Section 27A(b)(1)(B)-(E).
The safe harbor does not apply to forward-looking statements made in connection with an initial public offering, a tender offer, or a partnership offering. Section 27A(b)(2)(C)-(E). The safe harbor does not apply to beneficial ownership filings under section 13(d) of the 1934 Act or to investment company registration statements. Section 27A(b)(2)(B),(F). Nor does it apply to forward-looking statements "included in a financial statement prepared in accordance with generally accepted accounting principles." section 27A(b)(2)(A).
See: http://www.borisfeldman.com/Safe_Harbor.htm
See: http://taft.law.uc.edu/CCL/33Act/sec27A.html
Peecasso prints -$10,000, $1,000, $199
Now they're discounted to $199 in an edition of 250 (none of which have sold). This is a microcosm of Artfest... prices falling off a cliff and no one to buy any of this junk.
https://www.starfestdirect.com/MemberToolsDotNet/(S(qplsfamtbahrwvusjg0v5hh5))/ShoppingCartNew/ProductDetail.aspx?ProductID=18801&CatalogueID=181&PartyID=0&PartyGuestID=0&InternalUse=1&ProductGroupString=46.147
DALLAS, TX--(Marketwire - 06/28/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that the Company will offer for sale one hundred "artist proof" gold edition gilcees of "Rendering of Francoise Gilot" Picasso Art Sculpture. The special artist enhanced gilcees of the sculpture will have a purchase price of $10,000 a piece. The Company will also offer for sale 1,000 "Artfest International textured canvas" limited edition gilcees of the Picasso art sculpture with a purchase price of $1,000 per piece. Both editions will be available for purchase starting July 10th exclusively on www.ArtfestDirect.com.
Artfest International announced that the Company agreed to purchase the original Picasso Sculpture art piece directly from the artist's personal collection. The wooden sixty inch-by-twenty-seven inch Picasso sculpture was completed in 1949 and is titled "Rendering Of Francoise Gilot." Picasso met Francoise Gilot, a young French student who became his favorite model, while he was living in Paris. She appeared in several of his works of art between the years of 1940-1950. Images of Francoise Gilot are in high demand in the market and have constantly proven to yield top dollar. According to http://www.TimesOnline.com/, Picasso's pieces can range from $5 Million to $150 Million.
Artfest International recently announced that the Company is offering its original Picasso Sculpture art piece to the public. The Picasso Sculpture is featured on www.artfestdirect.com and on http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=180524833398. The starting bid for the wooden sixty-by-twenty-seven inch Picasso sculpture is $55 Million.
"We are pleased to be able to offer both editions of the gilcees of Picasso's art sculpture to the public. This is a great opportunity for fans of the artist to now own renderings of his work at an affordable purchase price," said Edward Vakser, CEO of Artfest International, Inc.
About Artfest International, Inc.
Artfest International, Inc. brings together artists, investors, decorators, designers, private collectors and art galleries. Artfest International's corporate site is www.artfestinternational.com. Artfest's subsidiaries are Art Channel, Inc. (www.artchannel.tv) and Artfest Direct, Inc. (www.Artfestdirect.com), offering the most exciting product and rewards program in the history of direct sales marketing.
Wasn't it $.50 cents about a month ago?
It really pays to install a top flight management team. I did notice the DeVieSun video has finally garnered 75 views (3 or 4 of which were from me).
Actually I'm pretty sure there is
Any statements that are made in bad faith are, by definition, intended to deceive. No 'safe harbor' statement will protect a liar. In fact, seems I recall Pinks aren't afforded 'safe harbor' protection anyway. Can someone clarify?
like they say "there aught to be a law " -
Artfest & Thomas Kinkade --both "worthless"
Remember this?
July 6, 2010: Artfest International, Inc.'s Subsidiary Signs Distribution Agreement to Launch World Renowned Artist, Thomas Kinkade's "Inspiration of Israel" Collection
http://www.artfestinternational.com/index.php/news-releases/2-news-releases/164-pr2010-0706?layout=default&date=2011-08-01
Here's a story on Yahoo Finance (via The Street) today entitled:
9 Completely Worthless Collectibles which begins by saying:
"If you stare at the Thomas Kinkade painting on your wall each day thinking "There's my retirement fund," prepare to pour skim lattes until you're 90." (The article goes on to list Kinkade 'art' as being "completely worthless:"
Thomas Kinkade Paintings
"The self-proclaimed and trademarked "painter of light" was so popular among fans of pastels and candlelit windows that his company, Media Arts Group, went public with a $110 IPO in 1994. Kinkade was MDA on the NYSE until January 2004, when he bought in back for $32.7 million after the stock had lost more than 80% of its value. It was kind of like buying a Kinkade painting that may have had some nonsentimental value in the pre-Internet '90s, but when the Internet hit and the markets were flooded with Kinkades selling for much less than they were in stores, investment value plummeted.
"He has gorgeous stuff, but they QVCed it to death," Kahn says. "They sell beautiful Kinkade prints in galleries and on cruise ships, but the frames are worth more than the prints."
Thomas Kinkade Signature Galleries, which peaked at 350 sites in the 1990s, were half that number by 2005. The next year, former Thomas Kinkade Signature Gallery franchise owners Karen Hazelwood and Jeffrey Spinello were awarded $2.8 million and legal fees after successfully arguing that they were pressured to open more franchises, take on inventory they couldn't sell and keep prices lofty while discounters and independent sellers unloaded their Kinkades for less.
His company's assistant controller testified that Kinkade earned $53 million off the enterprise through 2005. More recently, Kinkade's reproduction company filed for bankruptcy in June after defaulting on payments to Hazelwood and Spinello and says it plans to outsource its color-by-numbers operations. Unless collectors are desperately in love with paintings of houses essayist Joan Didion described as "lit, to lurid effect, as if the interior of the structure may be on fire," they should invest with the knowledge that only one person stands to profit off a Thomas Kinkade painting: Thomas Kinkade."
http://finance.yahoo.com/family-home/article/113722/worthless-collectibles-street
"Worthless" seems to be a recurring theme here