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

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To: Slim Pickens who wrote (1784)8/14/1998 9:29:00 PM
From: William Lewis Perdue III  Read Replies (1) of 2595
 
Araldica Lacking Licenses
To Sell Wine Legally?

President Convicted of 13 Felonies;
Served Prison Time For Fraud

The continuing investigation by Wine Investment News indicates that
Araldica does not seem to have had a license to sell wine legally during most if not all of the company's existence, may not currently have such a license, and further that company President Frank J. Landi, Sr., was convicted of fraud in 1983 in connection with a company called Com/Link and served almost five years in Federal prison.

Araldica and its president Frank J. Landi were contacted and faxed requests for comment on this article numerous times and received no reply. Because of the difficulty in contacting the company and Landi, WIN faxed a draft of this article to Landi at Araldica on August 13 inviting him to provide his comments for inclusion. We received no reply.

wineinvestmentnews.com
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