I suggest you email him yourself - I did, and got the same reply as Pete. Better to do your own DD before you crap over someone who is doing theirs.
From: Tom nelson (tomlisanelson@yahoo.com)
Sent: Thu 9/23/10 1:01 PM
To: Me(myemail.com)
My company has not been paid yet.
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From: ME<myemail.com>
To: Tom Nelson <tomlisanelson@yahoo.com>
Sent: Thu, September 23, 2010 9:19:40 AM
Subject: Is it true that you are not working for ARTS?
I'm just curious, especially with all that is going on in the market today. I have tried emailing Mr. Vakser several times and have received no response. Obviously, I'm extremely concerned, as I've invested a lot of money into what looked like a great company with lots of potential. If you are working for the company, and have any insight at all, I would love to hear something positive.
Very respectfully,
My Name