Mr. Vakser,
If you were to Google yourself, there you would find plenty of the smoke that I alluded to in my previous email to you. And as you know, the most commonly used tool to establish a first impression today, is to Google the individual of interest. I’m not suggesting that Google is perfect but that is the court in which many of us are judged. A great deal of what you’ve referred to as slander or slanderous are permanently posted to websites which allow their posters to voice complaints of companies and heads of companies whom they feel have been less than honest. And judging from what I’ve read, if you intend to go after all the people whom you feel have attacked your character, then you’d better resign your job as CEO of ARTS because there are a host of people posting on both the scam sites and the messages boards about you on continual bases. “Provide you with proof of your unethical doings”? I’m sure that should the time come for there to be to be an investigation of your dealings, plenty will be presented by those bringing charges against you. Additionally, I’m sure that you’ve retraced your steps by having any criminal records concealed after the appropriate amount of time has lapped. If not, then you should prior to issuing these ridiculous challenges. Ridiculous because what really matters is the court of public of public opinion or in your case, investor opinion.
As for your actions being criminal or not, I will leave that up to your harshest critics because they will most likely be the ones that will file complaints with the SEC. But, as for the amount of money people have lost investing in the company you claim to be running so efficiently, you clearly have turn a subjective or blind eye to the truth and the general consciences among both your past and current investor, is that you’ve either mismanage or misappropriated the funds entrusted in you. Additionally, they feel that they have been bamboozled by the press releases that your company has generated. There is much talk about that press release being exaggerated for the sake of being able to dilute more stock into the market. Mind you, these are not things that I’m making up as I type this but rather things that nearly the greater portion of your investors is saying. Moreover, your quarterly reports do not, in any way, appear to reflect or represent the amount of money you have collected in stock sales and revenue.
While clearly you cherry picked a handful of examples to place before me to prove your accomplishments, there are at least 3 or 4 time that amount of projects that are unfinished. Even among those things you’ve listed as being accomplishments, no investor can be sure because you’ve failed to keep the investor informed as to what you’ve completed and what is still pending. I see that you were quick to send me that list of your accomplishments but completely omitted the things that are still left undone or have fallen by the wayside. Below is a partial list provided by one who uses to be one of your avid supporters, now submitting a list of what he perceives as your more recent unethical behavior.
FACTS you can give him about being unethical, lying, or mismanagement:
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 Giclee
8. Being sued by former partners and landlord for breach of contract.
9. Not paying Tom Nelson but announcing his relationship to the company.
Now, what say you sir?
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