Certified moron
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Disgruntled employees?
The only one I'm aware of is Steven Rash -Eddie's former President, Chief Operating Officer and Director of Investor Relations. Court filings in this $800k lawsuit can be seen by clicking this link http://courtecom.dallascounty.org/pav/ pasting the following #DC1009236 into the "case number" box and clicking "search."
The amended/ expanded complaint (which includes PBS Holdings and Starfest Direct) was filed on 10/14/2011 (click that line to view documents). You can see why he's "disgruntled." Trial by jury is set for June 18, 2012.
No trading since last Friday
... and none for months before that. It appears that a paltry purchase of $2,174 last Friday (March 16th) and CEO interview last night has, so far, failed to prime the sucker pump.
Again I say.. if PBHG is such a great buy and its' CEO such a "rockin" leader.. then where are the buyers? The bid price is a puny 3-1/2 cents per share for cripe's sake.
By all means watch all you like
As host/ interviewer of Eddie Vaksar last night you're in for a real education! Lol
Had no idea, put on the watch list.
CEO interview
Just curious... did Eddie give an explanation as to why his new CEO (Patrick Bricker) left PBS Holdings within 45 days in order to head up a relatively small, local therapeutic horseback riding program? Without some sort of explanation one might assume that Mr Bricker (a) did some DD about PBS and Mr. Vaksar or (b) expected to be paid.
EV sent out press releases stating he was stepping down as CEO of PBHG.. yet he's obviously back and has been for some time. Investors have a right to know who's calling the shots don't ya think?
Sorry I was arranging my sock drawer tonight...
..during Eddie Vaksar's big investor broadcast tonight. Care to recap some of the key plans and promises for those of us who missed it?
"Gosh EV is ROCKIN!!!"???
For someone who exhorts others to be unemotional regarding investing you certainly seem to be exhibiting a lot of giddy hero worship lately. Time will tell if he's worth it right? GLTY
Looks like EV has more going on than some want to give him Credit for. Looks like I happened in on this one just at the right time! Gosh EV is ROCKIN! Great Interview! Very informative. I smell what the ROCK (EV) is COOKIN!He is BRINGING IT!
Ambition and Honesty?
Didn't someone just yesterday comment about how impressed they were with Mr. Vakser's "honesty?" How does his promise of dividends with PBHG's parent company jive with that? Anyone care to chime in?
And don't forget the ARTS dividends in PBHG he promised would be worth $10.00 each! No dividends, and this pos hardly trades even at 7 cents........
Well when Eddie say something will happen...
...and it doesn't... then that passes from the realm of "assumption" to that of "fact" --as in it's a fact that most of his PR's have proven to be total fiction. Now if he DID make good on any of his PR's then I'll be more than happy to give him the credit he deserves. Till then, I'll leave the non-emotional buying and selling to you. As for me, I'll simply hold anyone's feet to the fire that I think deserves it.
Here's one from September 29th. Does it matter that these people were gone withing 45 days? Some investors might want to know why.
http://www.prnewswire.com/news-releases/pbs-holding-inc-introduces-new-management-and-board-of-directors-130772423.html
Well this could go on and on, Lets cut through the chase and say, You had ONLY an Assumption these things are true, since NOT in one single post has there been a LINK to the SEC filing any complaints or any documentation that shares the NEVER Happened. All OPINION and thats OK as that is what is mostly on these post. EV as you call him has always answered in the past my questions and treated me with respect. Kinda hard to place any legitimacy in a Post that has "FASTEDDIESUX" without a tinge of doubt where that OPINION is coming from LOL... These companies will make Money on the buy and sell of the stock if one leaves the EMOTIONS out. GLTY
Not an assumption
Mr. Vakser broadcast specific info in these PR's which never came to pass. As a self professed art expert and musician he is required to understand U.S. copyright law. Despite the statements he and Barry Wicker made in SEC filings, neither ever had the right -as they claimed- to reproduce images of that highly dubious "Picasso" sculpture or to use the artist's name in promotions. No licensing documentation has ever been produced. This $2 million dollar print project was canned.
Bogus PR's
I'll jump in with this one from June 28, 2010:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60374306
http://www.eteligis.com/ViewPressRelease.aspx?pressReleaseRequest=4872
Anyone who bought stock based on this was, IMO, deceived.
Sorry, The did I understand you to say that YOU HAVE PROOF that the PRs are False? Or is that just another assumption? Just curious.
If PBHG does indeed go "boom"...
...and increase in value in any significant way, I'll question not only my sanity but my long held belief that a leopard is incapable of changing its' spots (i.e. Mr. Vakser). GLTY
Bogus PR's
I'll jump in with this one from June 28, 2010:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60374306
http://www.eteligis.com/ViewPressRelease.aspx?pressReleaseRequest=4872
Anyone who bought stock based on this was, IMO, deceived.
Sorry, The did I understand you to say that YOU HAVE PROOF that the PRs are False? Or is that just another assumption? Just curious.
"Ambitious?" Without a doubt!
"Honest?" I think you'll find plenty of people who might take exception to that. Some might point to the stack of lawsuits and court judgments against him in the hundreds of thousands of dollars. Then there are the evictions.. the PR statements that proved utterly bogus time and again.. oh, and then there's this grandiose bio he wrote about himself:
"Mt. Vakser’s Production Company has provided services over the span of 25 years for numerous fortune 500 companies including, Coca cola, Goldman Sachs, EDS , Nokia, Mary Kay, Cingular, Siemens, and many others. The most recent success was his execution of a well designed delivery system that was produced for a very successfully program. During that time he took that company from 10 million to 100 million dollars in less than 6 months. That is why his peers were absolutely astonished when he walked away from millions of dollars based on principles. Mr. Vakser stopped providing his services based on the apparent inequitable and ethical issues within that organization. Even though he left millions behind him, he obtained a tremendous amount of respect within the Art and Printing business community, and allowed his integrity and character stand out.
http://www.prlog.org/10014630-art-channel-national-television-network-chooses-irving-texas-as-its-new-headquarters.html
I have not spoken to him in Months, I do however respect his ambitions and his Honesty.
Hero Hunting
But you DO know EV correct? Are you still in direct contact with him? We'd all love to know what info you have to base your rosy forecast on because we're just not seeing it. TYVM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58317879
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58318614
Good to know where you're coming from
I, on the other hand, repeatedly hear people yammering on about how doing "due diligence" is absolutely vital. That sort of "Inspector Cluzo" (I did the DD on the name btw) activity supposedly helps insure investing success. While I agree that Pinkies are highly risky and speculative.. I do think the rules of honesty and common sense ought to still apply even here. IMO, unfounded, baseless pumping to run a stock up is every bit as unethical as unfounded, baseless bashing to drive it down.
You say PBHG is going up up up... we'd all like to hear what you're basing that on. If I felt as you do, I'd keep quiet and snap up every share as cheaply as possible before it takes off. Why do you want the readers here to make your future purchases more expensive and less profitable?
Sorry, My Inspector Kluso days are long gone, The SEC and all those other Boogy men dont matter to me as I am in it to make Money. Cash not "HERO POINTS" This stock has plenty to offer and until (If ever) the SEC or Lawyers shut it down (Which I see as unlikely) I will play it. Look for a HUGE Bounce UP soon, Please feel free to dump all those Cheap shares, It is about money not about whistle blowing. There are plenty of those around and the agencies there to do what they do, So relax, Make some coin, Buy that New Hut or Bike, Money Money, Headed this way! Hope you have a GREAT TRADING DAY!
Why SHOULD you care?
Perhaps for the same reason the SEC cares about illegal stock manipulation. It sounds like you're willing to be a part of a system wherein it's acceptable to lie, mislead or otherwise deceived others as long as it results in price fluctuations which allows the perpetrators to take advantage of the greater fool.
PBHG and it's parent company ARTS have fallen about as low as they can go. So I assume there's little money to be made shorting them by spreading lies to drive their price lower. Therefore, it seems to me the only action is in hyping these stocks. But the expression of an honest opinion made in good faith is a far cry from telling lies and half truths --all in the hopes of running up the share price so you can sell yours to some other poor dumb schmuck. Either way strikes me as being highly unethical, immoral and one sorry way to make a buck.
So far I've been 100% dead right about where these companies were headed. Aside from the rare blip up once in a blue moon my crystal ball has been virtually flawless.
ps: Zero volume again today. No jiggling. No spidey crawlers either.
Ahhh But Why would I care? Its about making money, Not playing the local Sheriff. Stock investing is RISKY, anyone who lost money should have expected it, And in the Pinky Plays should have known,
Ahhh but what if that "jiggling" is...
...due to high level insiders manipulating things to create the illusion of public demand? That's what I'm sensing is going on here. The same goes for the paltry $113 investment made by someone in the parent company last week. Both stocks had been comatose for months. Then, within the span of one week, someone makes a token investment in both. I'll believe you when I see some broad based, non-insider interest. GLTY too.
BTW: A lot of people invested in the parent company and lost their shirts, pants, socks and shoes. Then the CEO shifts major assets like Starfest to this new company- PBS Holdings. So, if by some supernatural miracle, PBHG does take off --shouldn't those original investors be compensated? Seems highly unethical to me to loot the assets people invested in and deprive them of any future profits.
Ahhh Haaa, But what will Tomorrow Bring? Penny Stocks seem to jiggle just before they jump. But PBHG has Lots of promise. I see Huge profits in the near future. GLTY
NO $ALE
No volume
No action
No pulse
No follow through
So much for the $2k attempt to prime the pump on Friday. Hard to day trade something no one seems to want.
You are correct...
I'm on the record as being a non-investor and never meant to imply that I was. Your admonition that people should not worry or be emotional might hold true in most cases --but is understandable when you feel you've been repeatedly lied to and wiped out. As far as your statement that CEO's don't matter --that might depend on whether he's a proven visionary and profit generator like Steve Jobs or a con-man like Bernie Madoff.
Let me know when someone actually makes any significant money with PBHG.
I understood that you were not an investor and therefore have lost nothing. But Again the CEO should NEVER be an issue in any Penny Stock, PBGH has potential as a day trade and I really could careless if the CEO was a HARVARD Grad or a Street Thug, The Stock has LIFE and that means Money to the wise penny player. Just saying.
"Emotions and worries about a CEO
...are a waste of time?" Does feeling a twinge of "anger" due to losing every cent you invested with him count?
IMO the only "emotions and worries" going on right now are likely those of the CEO and his board member family. The fact that they are personally and individually being sued along with Artfest, PBS Holdings and Starfest to the tune of $800k seems to be a bit worrisome to me. Add to that the $180k convertible note + interest (referenced below) would throw a little emotion on top of that. An infusion of $2,174 on Friday isn't likely to make much of a dent in that.
IMO, no PR.. no announcement of any new partnership... no news is likely to overcome those drags and lift this shipwreck off the bottom of the cold dark sea. Just my personal opinion mind you.
There is likely a degree of truth in your statement. In the motion to delay Vakser had (less now) 120 days to get trading going in the companies.
If he is able to get anything going at all in this heap, there are two parties who are going to benefit directly from this -- Rash is one and the holder of the toxic convertible debt note that is about to come due is the other. We probably won't see anything in the upcoming (cough) filing about that punch bowl floater, but as I recall it is this current quarter they are going to have to either roll that over or convert it.
PBS now valued at $0.075?
So just how does a single token purchase of 28,990 shares on Friday (an infusion of a paltry $2,174.25) jack up the share price up 275%? Obviously no one else agrees since there's no volume again today.
My metrics
..are based on data provided by www.compete.com
Blue skies and smooth sailing for PBS
...possible but not probable unless Eddie Vakser isn't involved that is. So is he? If not then who is actually running the PBS show these days?
Back in September Eddie put out PR's that he was stepping aside to concentrate on re-building parent company Artfest International. His new CEO (Patrick Bricker) bailed about 45 days later. Presumably new board member Kent Waldrep (who is recovering from a severe stroke) jumped ship when Bricker did.
Again... who is officially in charge of PBS and why does there appear to be virtually no business activity going on. Is PBS even still located on International Parkway?
Again I ask..
Who smeared lipstick on this pig today?
...and why?
Up 275% today?
28,990 shares x .075 for a total purchase of 2,174.25? By whom... EMXC's Roxanna Webber?
No PR... no mention of this by anyone on the board?
Sumpthin' stinks... oink oink.
Who smeared lipstick on this pig today?
...and why?
Up 275% today?
28,990 shares x .075 for a total purchase of 2,174.25? By whom... EMXC's Roxanna Webber?
No PR... no mention of this by anyone on the board?
Sumpthin' stinks... oink oink.
Artprice
Artprice and Artfest are two completely different animals. The first deals in information about the broad, global art world and which has enjoyed between 40-54 thousand visitors to it's website every month this past year. The latter is a complete joke of a company whose bone-headed antics are well documented.
ARTS traded $113.57 worth of stock?
1,135,699 shares x . 0001= $113.57
What's the big occasion... to prove this corpse still has a pulse?
Website woes
A search for traffic to the PBS Holdings, Starfest Direct and DeVie Sun websites still returns the following:
-------------
Sorry, we do not have Site Profile data for:
starfestdirect.com
pbsholdings.com
deviesun.com
The site(s) may have little traffic or we may not have a statistically relevant sample to project the traffic with.
--------------
Traffic to parent company Artfestdirect.com within the past year has ranged from a high of about 800 visitors per month to a low of less than 50. But I'm sure they were all millionaires ;P
I agree. Why would this Roxanna chick want to climb into bed with the likes of EV? Afterall, at least her stock IS trading. Something you can't say about ARTS or PBHG.
Stardest Direct... what a marketing powerhouse
Check out the web traffic on www.Compete.com which states:
------------
Sorry, we do not have Site Profile data for: starfestdirect.com
The site may have little traffic or we may not have a statistically relevant sample to project the traffic with.
Please visit our Data Methodology page to learn more about how we get our data.
-------------
This has been the case for months on end. NO ONE visits this joke of a webslite. LMAO!!! Just Google Eddie/ Edward Vakser and you'll see why.
I give Gene Egeberg this much...
He repeatedly expressed his doubts that Artfest could continue as a "going concern" without continuous infusions of funds from outside sources. In other words, Eddie couldn't turn a profit if his life depended on it. IMO all he has ever done is sell hopes, dreams, fantasies, delusions and "pie in the sky." The stock is at $0 because that's all Eddie's pipe dreams are worth.
Once again we can only conclude that
Eddie Vakser:
A) Is utterly incompetent as a CEO as evidenced by his repeatedly striking deals with worthless companies --and/or--
B) He enters into these partnerships knowing they are virtually worthless but does so regardless because he sees their primary value and purpose as being to enable him to hype his stock.
IMO, both are true --and the stock price reflects this fact.
The B.S. is nonstop with Vakser ... you know the luxury car company PBHG "bought" a majority interest in from that Kaloca company? Well, Kaloca appears to not exist anymore. Or, at least the website no longer exists ... and the company itself doesn't appear to be active on the Frankfurt Exchange either.
http://www.kaloca.com/
That domain was inactive at least 45 days before it's expiration, according to whois screen shots going back to Jan 13, 2012. Here is what previous versions of Kaloca have said about the company --
Quote:
HOT STOCK TRADING IDEAS
Kaloca.com specializes is promoting shareholders and public awareness of microcap publicly traded companies. Our target audience is active US and Asian investment communities.
The Global Trading Co. website still exists, and not a word about any PBHG ownership. The only info on ownership is the original PR with Kaloca.
You be your own judge about what this all means. IMO Vakser attempted to pull a fast one to jump start PBHG, and it failed miserably.
That same convicted felon..
..must REALLY have his hooks in EV, ARTS, et. al. IMO --and in the public llegal documents of someone who is currently suing all of the above-- ARTS has basically been looted. If so then why not pull the bankruptcy trigger and walk away from this debt?
"Partners in ....?"
That same convicted felon who once held an ARTS $180k plus note since transferred over to the sibling PBHG and which is now a $186k + toxic convertible note....
Shady characters
I agree. I'm still curious as to why a convicted felon who spent time in prison is repeatedly listed in the 10-K's as an early lender to ARTS. How did this slimeball --who, along with his criminal relatives, ran various scams that defrauded taxpayers of millions, stole money and property from hundreds of helpless mentally retarded adults-- a thief and who subsequently filed bankruptcy-- suddenly has a big pot of money to dump into an unproven, no-name startup like ARTS?
IMO, this stinks to the high heavens. The investigative reporting on this won a Pulitzer Prize:
http://www.pulitzer.org/archives/6718
http://cqc.ny.gov/uploads/Publications/oceanhouse.pdf
http://www.nytimes.com/2004/08/22/nyregion/at-troubled-adult-home-a-troubled-new-boss.html?pagewanted=all&src=pm
I would be more interested in knowing who all the convertible debt went to ... we know there are/were some questionable folks involved with ARTS -- who was <cough> loaning </cough> money?
Money in = money out?
Is there any way of independently verifying how much cash money was paid by investors (i.e stock purchases)? If the money invested doesn't somehow jive with legitimate expenses then another big "hummm" would be... "what happened to it?"
Just speculation here but.. could it be that Artfest's former President Steven Rash knows the answer to this?
Could it be this is why he continues to press his lawsuit against Vakser et. al. despite the companies appearing dead and virtually worthless? Both sides seems to be racking up a whole lot of legal fees for some reason.
IF money was stashed or used for purposes other than what was reported then investors have a dog in this fight as well.
Yeah, don't shoot the CPA just yet
After all, I have long suspected he only had access to the numbers the CEO (aka. Chairman, President, CFO) fabricated and fed to him. Whether the CPA was ever able to do a true independent audit remains to be seen. If he says he did.. and the SEC agrees he did.. then that's probably adequate until proven otherwise. The IRS, however, is EXCELLENT at auditing and finding out how and where money was used. Probably can't put that in a 10-K but it is a way to audit an audit.
EV MIA you ask?
Let's add up the evidence:
*No stock activity+
*No manufacturing(other than CSD perhaps)+
*No meaningful sales force and no charismatic individual to lead them+
*No officers and directors other than him, his sister and her husband.. certainly no one independent or with any real power+
*A mish-mash of EV companies operating in various forms of business default+
*A mountain of legal fees and looming $800k lawsuit+
*A pile of (presumably) unpaid judgments
*An army of pissed-off investors
I can't see any real reason to open any doors --presuming EV hasn't already moved his international world headquarters back into his spare bedroom.
Ev is Mia? Maybe he has been replaced or the doors are finally closed? Don't know? Anyone else heard from the fearless leader?
Bogus 10-K
Is that the one the SEC kicked back for audit irregularities? What's the track record of public companies served by this CPA Egeberg?
Audited financials?
Didn't the SEC give a deadline to clean this joke of an unacceptable "audited" mess up? Was that ever done?
Anchored in "Safe Harbor" perhaps?
On Vakser's "Island of Make Believe"
Where's Sean Murphy? His group was supposed to rule the world with StarFest Direct ... instead;
Why is StarFest Direct yet another pig with lipstick?
Where's Patrick Bricker? All that PR buzz and controversy, and there's zero evidence he is around.
What happened to the demonstration that was scheduled last Sept. by those guys from Tennessee who were going to change the way content was delivered across the internet?
In fact, why is there no evidence any of those Tennessee partnerships being of any consequence?
Where's that exotic car thing? Who scammed who on that?
Where is all this content PBHG is supposedly generating for all these "partners"?
Where is the evidence that PHBG and it's officers have done anything other than fabricate junk through the company?
What about that toxic $186k + convertible note coming due ... how is the dog gonna' ride the pony on that note?
Settlement
I don't think Vakser wants a trial, discovery OR a mediated settlement. What he wants is time during which he thinks something magic will happen in his favor. He reminds me of Beaver Cleaver who broke the car window with a baseball and rolled it down so his dad wouldn't see it. Now that's a winning strategy.
Side note: I have a $1 that says they want to mediate this and settle so that they don't have to do discovery. <shrug> Just my two cents. Discovery is the last thing, IMO, that Vakser wants here.
Trial by jury set for June 18
Judge states "You should consider this a final setting and be prepared to go to trial." He also lays down the law regarding further delays or legal shenanigans.
Those served by this notice include Artfest, Starfest, PBS, Eddie Vakser; lawyers Sean Mathis & Walt Cleveland as well as ADR mediator John L Estes.