From the PR released 5/17/10:
"Artfest International, Inc., (OTCBB: ARTS), a leading-edge arts and sport memorabilia distribution company, announced today that on June 26th, 2010 the company will open a new exhibit titled "From Russia with Love and Art," featuring world renowned Natalia Vetrova and Vladimir V. Piskarev. In conjunction with the exhibit, Artfest will host the world premiere launch of the Television show on Time Warner Cable, The Art Channel, www.artchannel.tv, and several other major distributors. The exhibit will feature a new and previously acquired collection by Luxor Art and Artfest International.
"We have been working on completion of Luxor acquisition and as we are coming to a close, we are excited to formally launch several new Russian Artists," explains Randy Jacobs, Artfest artist relations and licensing supervisor."
Non of the reports and PR's I am looking at seam to be screaming WARNING: SCAM. Not sure what you are looking at but if you have some additional info that none of us have seen that you can back up your statements of a scam, by all means please post them so we can make an educated decision.
