UNITED STATES
             SECURITIES AND EXCHANGE COMMISSION


                   Washington, D.C. 20549



                          FORM 8-K

                       CURRENT REPORT

 Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


 Date of Report (Date of earliest event reported):  January 29, 2003


                        SOLDNET, INC.
                    ---------------------
   (Exact name of registrant as specified in its charter)






     Nevada                000-49676                    03-0390855
  ------------          ---------------          -------------------------
(State or other      (Commission File No.)    (I.R.S. Employer Identification
jurisdiction of                                             No.)
incorporation or
organization)




        2035 28th Street SE, Grand Rapids, Michigan 49508
        --------------------------------------------------
            (Address of principal executive offices)




    Registrant's telephone number, including area code: (800) 726-4638


                              N/A
                       -----------------
     (Former name or former address, if changed since last report)




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Item 5.   OTHER EVENTS AND REGULATION FD DISCLOSURE.

Name Change

On  January 7, 2003, pursuant to an affirmative vote of  the
majority  of  the issued and outstanding shares  of  capital
stock,  the  Company amended its Articles  of  Incorporation
whereby   it   changed  its  corporate   name   to   Artfest
International,  Inc.  On  January  7,  2002,  this   amended
Articles  of Incorporation were filed with the Secretary  of
State,  State of Delaware. This decision to change the  name
of  the Company was related to the transaction involving the
Agreement  and  Plan  of Reorganization with  Artfest,  Inc.
dated   November   19,   2002  ("Agreement   and   Plan   of
Reorganization"). This event and the terms of the  Agreement
and  Plan of Reorganization were previously disclosed  on  a
Form  8-K  filed  with  the  United  States  Securities  and
Exchange Commission on November 21, 2002 by the Company.

                         SIGNATURES


Pursuant to the requirements of the Securities Exchange  Act
of  1934, the Registrant had duly caused this report  to  be
signed by the undersigned hereunto duly authorized.

Date:   January 29, 2003           SOLDNET, INC.



                              /s/Joseph Walsh
                              ------------------------------
                              JOSEPH WALSH, PRESIDENT










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