Replies to post #10782 on Artfest International, Inc (fka ARTS)

[BDaddy]

As of November 15, 2009, the Registrant had 47,295,646 shares of common stock outstanding.

That is what I see there.

[Vance]

From that last 10Q, it does state the following:

Equity Securities Sold Without Registration


During the nine months ended September 30, 2009, the Company issued 793,926,561 restricted common shares to debt holders, investors, consultants and advisors in lieu of cash compensation pursuant to available exemptions contained in the Securities Act of 1933, as amended.

So maybe that figures into the 863 number and the 793+ is restricted! It also mentions something about 1.something million dollars shares conversion something er other, but it does not appear to be necessarily a bad thing. Sorry I failed to copy that one and Pizza just arrived!

Best of luck to us in them All!