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blukky

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blukky

Re: rs99 post# 28302

Tuesday, 09/28/2010 8:37:05 AM

Tuesday, September 28, 2010 8:37:05 AM

Post# of 42439
rs99 - I don't think so because the S-1 is not filled with the SEC.

In the Reserve Equity Financing Agreement with New York based AGS Capital Group LLC www.agscapitalgroup.com, AGS has committed to purchase shares of the Company's common stock for cash consideration up to an aggregate of $15 million after Artfest International Inc.'s Form S-1 filing has become effective with the SEC. The Agreement does not prohibit the Company from raising additional debt or equity financings, other than financings similar to this agreement.

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