The reason given for the first reverse split per 10q: 10-27 -2009
The purposes of the reverse split was to increase the per share trading price of Artfest’s common stock, thereby appealing to a broader range of investors and to provide shareholders with more useful information in making period-to-period comparisons of Artfest’s earnings per share.
If that is not a crime, making that dtatement and doing the opposite to drive your price down,I don't know what is.
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