Artfest International, Inc (fka ARTS)

[casperboo]

My guess is that the outstanding sharecount is no more than 100,000,000 right now. I got in for the first time Friday for a total of 100,000 shares. 50,000 @ .0058 and 50,000 @ .0064. I began watching this in early January during the pump and now that it is subpenny, I took the plunge. Seems like it could easily go over a penny again on the right news, but the daily volume has been absurd lately. If the transfer agent is really not willing to disclose the sharecount, that it not good - never heard of such a thing.

Do the longs think this will get back over a penny someday? At these prices, I would think some averaging down should be quite tempting. Even 100,000,000 shares is not that many, considering that some pinks have a sharecount of 1.5 billion - 2 billion shares.

Good luck to you guys. Someone please fill me in.