Artfest International, Inc (fka ARTS)

[patience123]

From what I'm reading about par share value, no par share value, par share count and capital amount, it would seem that each share is now valued at .001

Of course, I am still very new at all of this, so if anyone else has something to add, I'd love to learn more.



Par Share Value

The monetary value per share. There can exists multiple sets of par share counts and values.


Capital Amount

The total monetary value of all shares associated with the entity which is calculated as Par Share Count x Par Share Value.

20B (PSC)* .001 (PSV) = 20M (CA)

My question: Does this mean our shares are worth nothing until we reach .001??