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CaptainJim

02/04/10 3:07 PM

#11933 RE: aaron21 #11932

Very SAD !! And I think you are low, I am going with at least 100 Million in the OS and 65 in the float now
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pinoman100

02/04/10 4:32 PM

#11940 RE: aaron21 #11932

aaron you're learning how the game is played! Gives them grace period to use more shares because as you say, they will use dec. OS
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BDaddy

02/04/10 7:06 PM

#11944 RE: aaron21 #11932

Nah, they usually state current OS as of the middle of the month they are putting out the report. Just like they did on the last quarter they states " As of November 15, 2009, the Registrant had 47,295,646" That quarter ended back in September and they posted current shares as of Nov. In March, I expect them to say OS "as of ... March..." With that year end we should be close to true OS.
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just Scottie

02/04/10 9:46 PM

#11947 RE: aaron21 #11932

As CEO, I want to reinforce that I have prioritized two key initiatives for Artfest. Number one is to continue with our plans to grow revenues through marketing and selling limited edition, signed and numbered fine art and collectibles to collectors, dealers, artists, decorators, designers, private collectors and investors. Secondly, and just as important, is to continue with our aggressive merger and acquisition campaign to expand our current portfolio. If we are successful in achieving these goals, I, as CEO of Artfest International, believe that our revenues will grow significantly and this growth will be favorably reflected in our share price.

In closing, I want to thank each of you for your patience and continued support of Artfest International. I encourage you to contact our investment relations group regarding any questions you might have about the Company and where you can sign up to have press releases emailed directly to you right after they are released to the wire service. Also please be a regular visitor to our Websites at www.artfestinternational.com