InvestorsHub Logo
Followers 175
Posts 18703
Boards Moderated 2
Alias Born 11/29/2010

Re: winningpenny post# 34442

Friday, 05/06/2011 6:57:09 PM

Friday, May 06, 2011 6:57:09 PM

Post# of 42439
Worth repeating anytime EV speaks

From December 14th

Chas, with all due respect, why would I lie about the most visible piece in our catalog? If the sale is not concluded by then, we will most likely get an extension. What do YOU think is the game here? You believe that I took your money, and ran? We have a legitimate business, we are growing our company and that is THE DEAL! The people who do not believe in our plan are bashing us. That’s all.

Best regards,

-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO

Artfest International
13300 Branch View LN
Dallas, TX 75234 USA
(877) 278-6672 Office
(214) 274-2420 Direct
(866) 534-2847 FAX
EVakser@ArtfestInternational.com

http://artinterviews.blogs

Chas, thank you for your concern. Most of what’s out there is a bunch of speculations and opinions. I’m not sure what Dec 7th date is about. So please clarify. We welcome people to visit and do DD on our company.

Best regards,

-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO

Artfest International
13300 Branch View LN
Dallas, TX 75234 USA
(877) 278-6672 Office

Chas, with all due respect, why would I lie about the most visible piece in our catalog? If the sale is not concluded by then, we will most likely get an extension. What do YOU think is the game here? You believe that I took your money, and ran? We have a legitimate business, we are growing our company and that is THE DEAL! The people who do not believe in our plan are bashing us. That’s all.

Best regards,

-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO

Artfest International
13300 Branch View LN

OK, Chaz..I got it. The 180 day Picasso extension expiration. We will update the shareholders about that and the dividend. The PR came out on 17th…so Monday it’s a few days late than 2 weeks. It took a bit longer for the legal to be done.

Best regards,

-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO

Artfest International
13300 Branch View LN
Dallas, TX 75234 USA
(877) 278-6672 Office
(214) 274-2420 Direct
(866) 534-2847 FAX
EVakser@ArtfestInternational.com

Chas, as you can see clearly that the contract was activated and done. However, I did not want us to overstate it since we do not have it sold. I figured that SEC will be OK that we do NOT claim it as a huge asset. We will however, once we sell it and the CASH would be a great asset on the books.

Best regards,

-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO

Artfest International
13300 Branch View LN
Dallas, TX 75234 USA
(877) 278-6672 Office
(214) 274-2420 Direct
(866) 534-2847 FAX
EVakser@ArtfestInternational.com

http://artinterviews.blogspot.com/

WWW.ARTFESTINTERNATIONAL.COM

Stock Symbol : ARTS

Chas, let me be perfectly clear. As you can see by our documents, not only do we believe that the Picasso is real, but we had several museums and prominent collectors who also placed their names and reputation alongside of this piece. We have several projects currently underway. I can only announce things as they become real and to all the investors at the same time.

Best regards,

-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO

Artfest International
13300 Branch View LN
Dallas, TX 75234 USA
(877) 278-6672 Office
(214) 274-2420 Direct
(866) 534-2847 FAX

Chas, no one is blowing anything off. We are diligently working with our attorney to close the deal. This will correct and help our dividend issue. Sometimes, things don’t happen as soon as we want. I’m trying to keep investors posted on ALL the developments.

Best regards,

-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO

Artfest International
13300 Branch View LN
Dallas, TX 75234 USA
(877) 278-6672 Office
(214) 274-2420 Direct
(866) 534-2847 FAX
EVakser@ArtfestInternational.com

http://artinterviews.blogspot.com/

WWW.ARTFESTINTERNATIONAL.COM

Stock Symbol : ARTS

You know Chas, we have published the names and contacts, unfortunately some of the investors called, and accused our appraiser and other folks of various things, and as a result, it cost our company time and money to re submit and get a whole new set of appraisal. And yes, it did slow down the possible sale. I realize that some of you simply want to bring the company down, and that is very clear, however, we will continue and will post latest updates as they become available…and yes, you can GOOGLE and SEE all the museums and curators who held the piece and even promoted and advertised it.

Best regards,

-----------------------------------
Edward Vakser
Artfest International, Inc.
Chairman & CEO

Artfest International
13300 Branch View LN
Dallas, TX 75234 USA
(877) 278-6672 Office
(214) 274-2420 Direct
(866) 534-2847 FAX

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.