Auri Inc (AURI)

[Kool Aid Man]

Eddie destroyed ARTFEST investors with Reverse Splits (see page 13 in the link below).

On October 27, 2009, the Board of Directors approved a 1-for-50 reverse split of its common stock. The reverse stock split was effective on October 28, 2009 and the Company’s common stock began trading on a post-reverse split basis under the trading symbol “ARTS.” The reverse stock split reduced the number of outstanding shares of the Company’s common stock from 961,320,064 to 19,226,405. Corresponding proportional adjustments were also made to any outstanding stock options previously issued by the Company.

Less than year later he had exploded the A/S to 20 BILLION. On 11/2/2010 he followed it with another 1-for-24,000 (24 THOUSAND) R/S (see page 14).

On November 4, 2010, the Board of Directors (i.e Eddie, his sister Angie and her husband Scott Tassan) approved a 1-for-24,000 reverse split of its common stock. The reverse stock split was effective on November 16, 2010 and the Company’s common stock began trading on a post-reverse split basis under the trading symbol “ARTSD.” The reverse stock split reduced the number of outstanding shares of the Company’s common stock from 11,973,566,937 to 498,899.

So in the span of a year he reduced the O/S from almost 961 million to 19.2 million...then --in the span of a year as a result of horrific toxic financing (generating thousands in cash he and his cronies pocketed)--- he blew the O/S back up to from 19.2 million to 12 BILLION!!! an increase of +62,400%!!!!
https://www.sec.gov/Archives/edgar/data/1168738/000143209311000689/artfest10ka123110.htm

The above link also contains all the BS he told you and the SEC.

The SEC permanently revoked ARTFEST because of Eddie's repeated lies to both investors and them for claims his books were audited (pages 29 & F-1 thru F-6 above). Eddie's longtime scam lawyer & toxic financier Jonathan Leinwand aka Mastiff Group LLC is named as "appearing (before the SEC) for ARTFEST (page 1 below). See pages 3-4 below for proof of Eddie's lies to the SEC
https://www.sec.gov/files/alj/aljdec/2013/id485bpm.pdf

Final decision to revoke https://www.sec.gov/files/alj/aljdec/2013/34-69676.pdf

Leinwand has been involved in various Vakser scams --most recently with AURI

Provide the following information for the person the Securities and Exchange Commission's staff should call in connection with any pre-qualification review of the offering statement.
Name: Jonathan D. Leinwand https://www.otcmarkets.com/filing/html?id=15958888&guid=PEJ-kew26hRuB3h

A few years ago Eddie offloaded his burned out ticker TDEY to a company controlled by Leinwand via reverse merger (IMO to pay off an old debt) to use in his slum landlord business. Leinwand got the ticker current, changed the symbol to JMDP then they pulled an epic 1-for-50,000 (50 THOUSAND) R/S thereby destroying all old investors. A million .0001 shares ($100 value) suddenly became 20 worth $5 each (also $100 value). That lasted a nano second before those $5 shares fell to $0.30 cents... a loss far FAR below the pre R/S price of .0001. Of course the A/S was only (*cough cough*) "reduced" by a token amount which was in effect a massive increase proportionally compared to the O/S. About a year later Leanweenie cashed out via R/S with another company now trading as SLDX. Leanweenie & Co still own 20%. Eddie got a fat pay day for "accrued salary."
https://www.otcmarkets.com/otcapi/company/financial-report/386063/content