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Microcap & Penny Stocks : AWLT wines and gourmet food - Italy Direct

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To: Greg Wilder who wrote (12)10/23/1997 12:46:00 PM
From: Stocking CK  Read Replies (1) of 2595
 
I wanted to repost this info...

NEW ROCHELLE, N.Y.--(BUSINESS WIRE)--August 18, 1997--Dominick J. Zaccoli, Sr., vice president and chief financial officer of Araldica Wineries, Ltd., today announced that the accounting firm of Goldenberg, Rosenthal & Friedlander, Jenkintown, Pa., has recently commenced an audit of the company. Araldica anticipates that the accountants' report should be completed, and sent to shareholders, in September. Araldica expects to become a fully reporting public company on or about 1 October 1997.

Becoming a fully reporting public company should make new investors fell more comfortable about buying AWLT (IMO). There are so many publicly traded companies that do not report their finances.

I picked up a couple thousand yesterday and looking to buy more .

CK - Just Bee
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