Company Files Its 10Q With the SEC for the Second Quarter
DALLAS, TX - (08/24/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that the Company has generated $1,424,412 in operating revenue in the six months ended June 30, 2010 as compared to $167,885 in operating revenue for the six months ended June 30, 2009, which is an increase of 748%. Artfest International, Inc. also reported a gross profit of $834,124 for the six months ended June 30, 2010 versus $166,885 for the same period in 2009. The increase in operating revenue is due to the increased sales of art and sports memorabilia through the Company's wholly owned subsidiary, Charity Sports Distributor, as well as through events held at Artfest International's 52,000 square foot facility in Dallas, Texas, and direct sales activity through its Art Channel, Inc. and Art Channel Galleries, Inc. subsidiaries.
DALLAS, TX - (08/05/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that the Company will host an open house to launch its Artchannel subsidiary's new season. The open house will be held on Saturday Aug 21st, 2010. Artchannel will introduce its new Marketing PR Firm and An Advertising Agency, Artfest Television commercials and Infomercials and will announce the new and expanded TV distribution as well as its new Fall Schedule.
The Company to File an S-1 Registration With the SEC
DALLAS, TX - (07/02/10) - Artfest International, Inc., (OTC.BB:ARTS - News) is pleased to announce that the Company has instructed its SEC Attorney to file an S-1 Registration with the SEC. The registration will include the shares that were recently given as a dividend to shareholders of Artfest International.
