Replies to post #36388 on Artfest International, Inc (fka ARTS)

[JONAH 2]

I see the net loss figure
does that mean a net gain for Ed and his crew

buying this stock is one of the worst mistakes
I have made

Now it appears someone is out to destroy the
company sad situation very sad
if this goes subpenny it is dead in the water
wonder what the net loss will be in next 10 q

[Mustache_rider]

Plus, look at EV's cashflow track record... once the cash inflows from contributed capital dries up, the doors will close. It is also interesting how our operating expenses have basically tripled when comparing June 2010 versus June 2009. I can only assume the 2010 Q4 filing will be no different.

September 2009: Cash outflows from operating activities $(1.9)M, offset by Cash Inflows from Contributed Capital $1.8M

December 2009: Cash outflows from operating activities $(2.2)M, offset by Cash Inflows from Contributed Capital $5.6M

March 2010: Cash outflows from operating activities $(1.0)M, offset by Cash Inflows from Contributed Capital $0.6M

June 2010: Cash outflows from operating activities $(2.4)M, offset by Cash Inflows from Contributed Capital $2.2M