Artfest International, Inc (fka ARTS)

[Mustache_rider]

Ok, i will play along...

So then, why would you post this?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59981960

I would agree with you... if this trend was not repeated twice in two years. I would say the current chart shows a trend that is anything other than temporary.

If Arts has the “assets” you speak of, then what is EV doing with them?
http://www.sec.gov/Archives/edgar/data/1168738/000143209310000972/artfest10qa2093010.htm

Balances as of 9/30/10
Inventory $1.3M (i will have to compute an inventory turnover ratio to see if EV is "making" money off of his CSD subsidiary inventory)

Interesting to note, even if EV liquidated his entire inventory of $1.3M and financing cash inflows ceased, this company would be toast and in no way could support an operational cash outflow of $1.9M.

EV has some explaining to do. Stop hiding and give shareholders some visibility. If ARTs is on the up and up, then say so. His silence is deafening.