AWLT wines and gourmet food - Italy Direct Message Board

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

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To: Ferick who wrote (363)	1/14/1998 8:39:00 AM
From: JOE TURMAINE	Read Replies (2) of 2595

NED: I can't think of anything more regressive than a reverse split. Lot's of low priced NASDAQ stocks are going that route to keep their listing. We can only believe that ARALDICA management is enlightened enough not to sacrifice the future just to enhance present share price. It makes no sense and I don't think anyone at ARALDICA would consider it. They DO, however have to become fully SEC reporting to succeed. And in my opinion the sooner the better. Delayed financial reporting suggests lack of organization, although with everything that is going on with the company these days, and the fact that as of yet they are not required to report anything we can't really hold that against them. Full reporting status is as much in ARALDICA's best interest as it is ours so we can be sure there is no intentional delay and in fact it would suggest that it is more of a priority with them than we realize. As for the value of SI, I own seven US stocks, five have SI threads and three of them I invested in after being introduced to them on SI. I think Matt's presence on this thread shows that at least he, if not ARALDICA recognize the potential and the value associated with being able to educate shareholders and to learn from them. I also trust that Matt will ensure that the message gets through to management and the new PR firm that shareholders need to be informed. As owners we are obliged to ask the questions and the company is equally obligated to provide honest timely responses. Again, my opinion only, any seemingly slow responses are due to the growing and development of the company and not a reluctance to communicate with us. Let's hope today is a good day for ARALDICA! Joe

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