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

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To: Ferick who wrote (2323)2/24/1999 8:27:00 AM
From: TLWatson59   of 2595
 
to Ned Penguin : here we go again:

Company Press Release

Araldica Completes Financing of Italian Winery Acquisition

NEW YORK--(BUSINESS WIRE)--Feb. 23, 1999--Araldica Wineries Ltd. announced today that it has successfully completed the financing - on which it defaulted in 1998 - required for it to acquire the Italian winery and vineyard known as ''Azienda Agricola Antogianni, S.r.l.'', located in central Tuscany. This transaction was originally contracted and announced in November of 1997.
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