Artfest International, Inc (fka ARTS)

[Computerbux]

FACTS you can give him about being unethical, lying, or mismanagment:

1. Shares of Artfest Direct (Starfest) have not been issued.

2. Rhupert was announced to come out this fall; we know it is now spring or later.

3. Mismanaged and diluted the stock so badly that it went from $0.25 per share to no bid in one year. While dilution itself is not illegal per say, it certainly is unethical and unprofessional.

4. Told shareholders in person that he would reduce the A/S, and then he doubled it.

5. Increased operating costs at the same or greater pace than revenues.

6. Television commercials were supposed to come out this fall; they have yet to be aired.

7. Picasso fiasco and associated gold giclees

8. Being sued by former partners and landlord for breach of contract.

9. Not paying Tom Nelson but annoucning his relationship to the company.


I'm sure others can think of more..............