2011-14285. In The Matter of: Artfest International, Inc; Order of Suspension of Trading  

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    JUNE 6, 2011.

    It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Artfest International, Inc. (“Artfest”) because of questions regarding the accuracy and adequacy of assertions by Artfest, in its 2010 Form 10-K and amended Form 10-K filed with the Commission, concerning, among other things, an independent audit of Artfest's financial statements for the fiscal year ended December 31, 2010, which was not performed, and financial statements for the 2010 period that are referenced in the filings as “audited,” when they were not.

    The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed company.

    Therefore, It Is Ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed company is Start Printed Page 33378suspended for the period from 9:30 a.m. EDT on Monday, June 6, 2011 and terminating at 11:59 p.m. E.D.T. on Friday, June 17, 2011.

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    By the Commission.

    Elizabeth M. Murphy,

    Secretary.

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    [FR Doc. 2011-14285 Filed 6-6-11; 4:15 pm]

    BILLING CODE 8011-01-P

Document Information

Comments Received:
0 Comments
Published:
06/08/2011
Department:
Securities and Exchange Commission
Entry Type:
Notice
Document Number:
2011-14285
Pages:
33377-33378 (2 pages)
Docket Numbers:
File No. 500-1
PDF File:
2011-14285.pdf