To: bluejeans who wrote (287 ) 10/31/1999 9:57:00 PM From: StockDung Read Replies (1) | Respond to of 1156
Afayrem seems to have the same portfolio and follows the same stocks as Isaac Winehouse, Isaac Winehouse d/b/a Wall & Broad Equities Message 11628391 go to http:///www.tenkwizard and plug in a few names and compare it to the stocks he covers. but what do I know Then go over to the myweb thread and check out how he has been pumping that one. Here is a good one on MYWB; I needed to share with the rest of the World a old press release I came across. Here is a little history lesson about MYWB. Have a drink on me. Seems they used to import Vodka into Russia. Asia Media recently changed its name to MY WEB ASIA MEDIA COMMUNICATIONS, LTD. MERGES WITH DISTRIBUTOR 3/20/96 14:22 OF PREMIUM VODKA AND OTHER LUXURY GOODS PRIMARILY IN RUSSIA NEW YORK, March 20 /PRNewswire/ -- Asia Media Communications, Ltd. (OTC Bulletin Board: ASMC) ("AMC"), announced that through a wholly owned subsidiary it has completed a merger with Kremlyovskaya Group, Inc., a Delaware corporation ("KGI") that owns all of the stock of Kremlyovskaya Group NV, a Belgium corporation ("KGNV"). Each of the 15,500 shares of KGI outstanding immediately prior to the merger was converted into 5,750 shares of AMC common stock resulting in the issuance to the former shareholders of KGI of an aggregate of 89,125,000 shares of AMC common stock. Prior to the merger there were an aggregate of 4,845,586 shares of AMC's common stock issued and outstanding. KGNV is a distributor of Kremlyovskaya vodka, a proprietary brand of premium vodka manufactured by others pursuant to KGNV's formula and specifications. The primary market for such vodka during 1995 was Russia, where the Kremlyovskaya brand was the number one imported vodka in quantity. Commencing in 1996, KGNV has been aggressively marketing Kremlyovskaya vodka in the other former Russian republics and has entered into distribution agreements covering over 30 other countries throughout the world. The existing management of KGNV will remain unchanged. AMC anticipates changing its corporate name to Kremlyovskaya Group Inc. In addition to vodka, KGNV also distributes, primarily in Russia, luxury consumer goods such as chocolates, fine cigars and liquors, and general merchandise such as cigarettes, beer and wine. KGNV's unaudited gross sales for 1995 were approximately US$51,478,000 and net operating profit before tax for 1995 was approximately US$6,300,000. In connection with the merger, Robert Bruloot, Kurt Schlepfer, Valentin Kassatkine and Anthony Cataldo were appointed to AMC's board of directors and Mr. Cataldo was appointed as C.E.O. Mr. Ian Rice will continue as chairman of AMC. Ian Rice, Chairman of AMC, stated, "The merger with KGI and its wholly owned subsidiary, KGNV, represents the realization of AMC's plan to identify and acquire a profitable, growth oriented business which will provide shareholders with an opportunity for enhanced value. We look forwarded to continuing and increasing the pace of KGNV's expansion of its distribution of Kremlyovskaya vodka throughout the world." -0- 3/20/96 /CONTACT: Steve A. Saide of Bryan Cave, 212-692-1800, ext. 1852/ (ASMC) CO: Asia Media Communications, Ltd.; Kremlyovskaya Group, Inc.; Kremlyovskaya Group NV ST: New York, Delaware IN: FOD SU: TNM -0- (PRN) Mar/20/96 14:07 EOS (PRN) Mar/20/96 14:07 86 -0- (PRN) Mar/20/96 14:22