Artfest International, Inc (fka ARTS)

[Kool Aid Man]

IMO Eddie learned this "art business" from a guy who is currently rotting in prison for 17.5 years for running a Ponzi scheme that primarily ripped off Christian ministers. http://www.justice.gov/usao/txn/PressRel08/leitner_sen_pr.html

In addition to Megafund, Stanley A. Leitner was the supposed "founder, owner and CEO" of the bankrupt International Galleries, Inc. --a product based pyramid scheme that sold overpriced, computer generated inkjet art prints primarily to it's membership (sound familiar?). IGI
http://www.bizjournals.com/dallas/stories/2006/02/20/story7.html
http://www.npros.com/dir/international_galleries/
http://www.npros.com/execs/Stanley_Leitner.html

Once Leitner was indicted for Megafund he immediately turned over control of IGI to Paul J Myer (who was recently found dead in a cheap hotel room while in the process of trying to re-launch yet another art MLM in the Dallas area).

Both IGI and Megafund were later discovered to be "assets" of a much larger scam (see page 26).
http://www.haysconsulting.net/correllhorizon/01-23-06%201st%20Interim%20Report.pdf

EDDIE VAKSER WAS A MEMBER/ DISTRIBUTOR/ RECRUITOR AND MINOR AUDIO VISUAL VENDOR OF AND FOR IGI.

I'm not saying Eddie did anything criminal during his time with IGI. However, this is where he saw the multi-million dollar potential of duping thousands of gullible people via the Direct Selling/ Network Marketing/ Multi Level Marketing world of scamming. Add a penny stock play to those empty promises and it's a disaster in the making (IMO... just sayin')