Artfest International, Inc (fka ARTS)

[Sculelos]

I read the SEC filing.

Common Stock - $.001 par value – 1,000,000,000 shares authorized, 863,000,000 shares issued and outstanding

TOTAL STOCKHOLDERS EQUITY : 947,666

Take 947 Thousand and Divide by 1 Billion, you get approximately .000947$ pretty horrible if you are just going by that.

However add the 1.2 Million in revenues + the 10 Million they say they are going to add and you get at least an extra 11.2 Million to draw from. That would bring the price to equal around 1.1 cents or so, if they actually do well in sports memorabilia the could go significantly higher.

Those are just my calculations, I wouldn't expect this stock to do anything super based on the possibilities but it may provide a good investment over time. I will watch it closely and see if it drops down to a more acceptable range, I think this stock would be a buy in the sub penny range.