Artfest International, Inc (fka ARTS)

[99leadballoons]

so you are of the belief that ARTS can simply double the value of their company just by a magic wand?

Then why did they stop there? Why not quadruple the value?

The issue is not whether or not they can issue different classes of stock, the issue is whether or not they will be worth more than the current company.

What you are saying is tantamount to the board of directors sitting in a room one day and saying hey guys lets create money out of thin air. Today we will create a new class of stock, we will determine the value of it not the market, and then we will more than double the worth of our company. Lets have another meeting tomorrow guys and we will create Artfest Indirect and we will value that at 40 bucks a share. Next week we will create Artfest Around the Corner and we will value that at 1000 a share.