I agree with you. No need to sell now. History should repeat itself with a pop with the last quarterly reports.
taken from the PR of Aug 20th......
Look at the key statement "CSD generated $3.3 Million for the calendar year 2008 and Artfest Internaional will consolidate results beginning with the Third Quarter 2009."
Guess what? That revenue will be on our next 10-Q!!!
Also, look at the last part "increase shareholder value through sales and key acquisitions." That is the CEO giving us light to the Luxor deal.
Artfest International will be in a position to launch the distribution of CSD's product line through Art Channel Galleries, the marketing arm and wholly owned subsidiary of Artfest International, during the Third Quarter 2009. The addition of CSD's product line will complement and expand Artfest International's ongoing product promotions and special purchase packages, which are directed towards introducing a select number of acclaimed artists to the Company's members. CSD generated $3.3 Million for the calendar year 2008 and Artfest International will consolidate results beginning with the Third Quarter 2009.
"We are excited about the progress that Artfest International has made during the first six months of this year and we look forward to continuing to increase shareholder value through sales and key acquisitions," stated Edward Vakser, CEO of Artfest International, Inc.
