Artfest International, Inc (fka ARTS)

[Kool Aid Man]

The odds of the SEC doing anything about this sh*tty little scam that results in anyone getting their money back are slim to none. At best you all might get them to yank Eddie's ability to sell more of his worthless stock.

However, a lot of money flowed into Artfest and there's virtually nothing to show for it but a bunch of press releases, websites and a Duraflame "Picasso." So what happened to all of it? I'm betting the cash was skimmed, spent on personal property and the rest stashed offshore. But there's no way of knowing without an independent audit of their financial statements.

If you agree.. and if you feel you have been deceived and screwed.. share your concerns with the IRS.