In addition, management and the Board of Directors have been reviewing a potential stock re-purchase program. In lieu of finalizing several key acquisitions, management believes that the company's stock is highly undervalued and misrepresents Artfest's worth. The company believes this incentive will help increase market valuation as well as attract new and long term investors. The Board of Directors is currently reviewing arrangements to this stock re-purchase program, including a joint cooperation with accredited parties.
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