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99leadballoons

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99leadballoons

Re: pete6 post# 25570

Saturday, 09/04/2010 1:25:56 PM

Saturday, September 04, 2010 1:25:56 PM

Post# of 42439
Here is the question I have. Why was ARTS canceling debt by valuing it at .0001 per share when the PPS was much higher?

For example from their filings...

On January 26, 2010, a holder of our promissory note converted $1,000 of the principal due on this note into 10,000,000 shares of Common Stock

The PPS was over a penny then. Why would they make this deal??? They gave away $140,000 worth of stock at that time to cancel a measly 1000 bucks of debt. That is absolute proof that something fishy is going on.
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