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: tenn50 who wrote (2237)	12/31/1998 4:45:00 PM
From: JOE TURMAINE	Read Replies (2) of 2595

tenn50, I really hate conspiracy theories, but...... From Frank's last message to shareholders >>1 . All previously announced acquisitions are now in jeopardy, due to (i) the multiple funding defaults recently experienced by the company, and (ii) the artificial collapse of the trading price of its public shares; all pending [major] financings are also now in doubt; some or all operating subsidiaries may have to be sold, and/or their respective acquisition agreements may have to be rescinded or renegotiated with the principals. 7. On the positive side, the company will be forcefully returned to its original business plan: The marketing of custom-labeled, premium Italian wines to its targeted Italian-American consumer base, which is an area of unrivaled potential profitability. << I just started a post noting that we were about to close up on the last day of the year. Not that .019 was any real great milestone, but then at 15:51 someone sells 500 shares at .016. Coincidence?? I'm hoping that Frank can turn this around in the new year. I would rather buy into your comeback theory than a conspiracy theory, but it looks like someone continues to get their jollies at our expense. araldica.com is this supposed to be an active site??? JOE

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