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

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To: Ferick who wrote (810)4/21/1998 7:08:00 PM
From: JOE TURMAINE  Read Replies (1) of 2595
 
NED, I agree with you that we need answers to these questions. There was a time not so long ago where Araldica management left absolutely no doubt where they stood. #Reply-2930597 The information received since then seems to have softened

>>NEW ROCHELLE, N.Y.--(BUSINESS WIRE)--March 12, 1998--Dominick J. Zaccoli, Sr., Vice President and Chief Financial Officer of Araldica Wineries Ltd., today released the company's unaudited financial information on the results of the last twelve months of operations.
.........The company expects to publish audited financial statements within the next 30 days, based upon the latest information which it
has received from its auditors, Goldenberg, Rosenthal, Friedlander, of Jenkintown, Pa. <<<

Based on the first message I was willing to wait the month for the audited numbers. The month has come and gone with nothing published to date, I know that Araldica has their own web site with a shareholder info section and I have seen nothing posted there explaining the delay or a revised release date. I have been advised that I am "clueless" about the internet so I guess I am not qualified to comment on what should or should not be reported there. I do hope however, that we will see something released very shortly that answers all of our questions.

All shareholders want to know what is going on. For me AWLT is an investment! Something else interesting, go to the AWLT web page and try to review their previous press releases. Hopefully, that can be fixed up.

JOE AWL The way!!
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