Replies to post #29841 on ProTek Capital Inc (PRPM)

[Kool Aid Man]

Eddie also promised "dividends" to ARTS shareholders before.

As I recall that was the rumor leaked months in advance in order to pump the stock. When the announcement finally came it read:

The dividends were paid with the shares of Artfest Direct Inc, (an Artfest International wholly owned subsidiary). The certificate holders of Artfest International shares were issued certificates of Artfest Direct Inc.

ARTFEST DIRECT was a non-public, privately owned, worthless entity Eddie created and likely sold to ARTFEST INTERNATIONAL thereby enriching himself further.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62377029

Here's when these so-called "dividends" were cancelled:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62201056

Here's where Eddie announced both entities were financing the purchase of a "70 Million Picasso sculpture" for $2.5 million cash and $50 million in warrants." He later listed this unauthenticated, phony sculpture for sale on eBay --opening bid $29 million. The cost to Eddie? -ZERO- http://www.artfestinternational.com/index.php/news-releases/2-news-releases/145-pr2010-0430

He pumped the bejeezus out of the stock and ran it right into the ground. If anyone thinks PRPM will fare any better I say good luck.. you'll need it.