They announced late in 2009 that they had shown success by increasing their assets to an estimated $8 million which positioned the Company to increase earnings per share and qualify for a future listing to the AMEX or NASDAQ exchanges.
"We are excited about the progress that Artfest International has made in 2009 and we look forward to continuing the growth of shareholder value through increasing our assets with acquisitions, as well as increasing our sales revenues," stated Edward Vakser, CEO of Artfest International, Inc.
2010 is a new year and a year of possibilities for Artfest. They continue to be aggressive and they are currently conducting due diligence on several targeted acquisition candidates within its industry including art, memorabilia, framing and printing companies which the Company will integrate to support its business model. The main goals for Artfest International for 2010 are to sign an additional 50 teams and to become the industry leader in the multibillion-dollar sports memorabilia industry.
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Artfest International, Inc. markets, sells, and prints paintings and autographed limited-edition celebrity photographs in the United States and internationally.
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