Replies to post #36584 on Artfest International, Inc (fka ARTS)

[TerribleTed]

Time to load the boat !

[JONAH 2]

does anyone know if arts is producing any revenue or just raising
'capitol" [for salaries]
'

[Mustache_rider]

What does this have to do with ARTs current situation? To answer your question, Yes, all companies need to raise capital. In order to have a strong shareholder base and ultimately a continuous stream of capital funding, companies also need to follow through on projects/promises and eventually start turning a profit.

Most shareholders (at least i know i do) eventually like to see a return on their investment. This company has only given shareholders years of grief and recognized losses.

The company is to blame for its current share price... not the posts on IHUB and Yahoo. EV needs to stop delegating blame and giddy up.