Below is EV's response
FACTS you can give him about being unethical, lying, or mismanagement:
1. Shares of Artfest Direct (Starfest) have not been issued. ( We HAVE issued the shares, as stated previously, we are waiting for FINRA and DTC to get the electronic deal approved so that “in the street name “shares can be issued as well.
2. Rhupert was announced to come out this fall; we know it is now spring or later. (We are discussing with syndicators on the animation deal, and we are in the process of developing the series, that is something that you can’t finish overnight.)
3. Mismanaged and diluted the stock so badly that it went from $0.25 per share to no bid in one year. While dilution itself is not illegal per say, it certainly is unethical and unprofessional. ( show me where it’s unethical or illegal to sell stock. The publicly traded companies use shares to finance the company, that is why “it’s a public” company. On the “mismanaged” part, I beg the difference as to the amount of accomplishment and cost versus what you think is a success of the company.)
4. Told shareholders in person that he would reduce the A/S, and then he doubled it. ( we have our reasons for what I and the board do, and believe me, how that is unethical is beyond me. We are still on the same schedule as promised, and we have a time line that WE are operating under.
5. Increased operating costs at the same or greater pace than revenues.( once again, if you didn’t get the fact that we are GROWING this company, then I have no clue as to why that constitutes unethical or lying.)
6. Television commercials were supposed to come out this fall; they have yet to be aired. ( The commercials and Infomercials have been on the air. Check the time Warner Cable and “On Demand” Time Warner , and take a look at ALL those commercials…Too Tall Jones is up as well…look at the link, and you will see that we are on!!!)
7. Picasso fiasco and associated gold Giclee . (Picasso IS NOT A Fiasco. We are in the process of selling it, and that takes time as well.)
8. Being sued by former partners and landlord for breach of contract. We are not being sued by former partners.(We are being sued by a former COO, and we have our reasons, that have nothing to do with anything else other a dispute over his expenses. We already won the first case against landlord, and we will win the second one.)
9. Not paying Tom Nelson but announcing his relationship to the company. ( That was misquoted, he was retained and funded, and that once again HAS NOTHING to do with being unethical or lying.)
Pete6, I’m a little disappointed with you. Thus far, I really believed that you actually know some things about business, and now, with these questions I feel that you have no clue as to how businesses are ran and how trough the course of a time frame of running a company, certain things may occur. How can you basically confirm your ignorance of business and corporate existence as a whole, by assuming that in a course of a normal business cycles, companies do not sell stock, have disputes with employees, and possibly get involved in litigation? Looking at your statements, you assume that any of those actions automatically display and call for “mismanagement”, fraud, lying and criminal activities. If you ask me about challenges, then post this reply in its entirety. And, to refer back to the “Google” search, believe me, I’m fully aware of what some people posted. When I got Approved to hold 3 highest positions in a publicly traded company, Chairman, CEO and President, the Google crap has been on for several years, and SEC and FINRA approved our deal. Once again, I end up defending my position, simply because our constitution allows for people to post blogs with very little regard to the truth. Then guys like you, take events of a normal business transactions, and because YOU disagree with those transactions and our management, you then post slanderous accusation such as accusing us of lying and etc….How is it that you don’t see, that you have no right for those claims because they are not true. These are YOUR opinions only, yet you make such ignorant statements that is frankly embarrassing. A first year school of business student will tell you how unfounded and foolish these statements are, and yet, I keep responding to you because you are not willing to keep things out of emotional and in a business perspective. I spent over 25 years as a CEO for many of my families companies and projects, and I’m proud of success we had so far. I’ve focused ALL my efforts on this company, because it’s a cumulative of all my talents and efforts , and experiences that I acquired in my professional carrer.Therefore, I feel that now, at 46 years of age, I’m at a perfect time of my life to make this ARTS conglomerate a huge success. I care about ALL of our investors whether you own 1 or a million shares,(even angry guys like you), but I have to stand firm on the fact that I/we do know what we are doing and we are executing our plan. Success is but a moment away……
Now, what say you sir?
Note: My response to this email below….
What questions? Please note that in my email to you, I only stated my perceptions…Never once did I pose a business question to you, however I did forward to you questions that someone ask that I send you and I was quite clear in pointing that out.
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