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Microcap & Penny Stocks : AWLT wines and gourmet food - Italy Direct -- Ignore unavailable to you. Want to Upgrade?


To: Jamey who wrote (441)2/4/1998 1:49:00 PM
From: Slim Pickens  Read Replies (1) | Respond to of 2595
 
AWLT is a small part of my portfolio, and like all penny stock, has to be considered speculative. There is a sequence of events that has to happen before we gain respectability. So far that sequence has been followed, unfortunately accompanied by a certain amount of Hype. Right now we need financing to manage our recent growth and more importantly, fuel future growth. A line of credit of several million dollars would go a long way to fulfilling the financing goal. SEC Reporting is nice for current shareholders and for attracting buyers in the open market, liquidity and all that, but is not necessary to get approval of our business plan at financial institutions that specialize in developmental stage companies. The same goes for PR. The next news I want to hear is that we have the financial backing we need to survive and go forward. Our top guys are in the process of putting that in place right now. That will be the time then to consider what the next step needs to be in the sequence of events. IMHO

As I said, I added to my position today, and at these prices or even possibly lower prices, it will be possible to take a large position in this company in terms of number of shares, for a very small amount of money. I won't be selling until we get to a hurdle that we can get over or around.

Good investing,
Slim



To: Jamey who wrote (441)2/13/1998 12:22:00 PM
From: Riley G  Read Replies (1) | Respond to of 2595
 
The Same James from TVSI thread. You found another company that I really like and think will go a long way in the years to come. Granted that I have not posted here in awhile, I have been busy, but now I am back!

I think that Investors here should call their stock certificates to curb the very possible and highly likely shorting from outside sources (Canada, etc).

AWLT has a very nice web page and great story behind them. I am strong on this stock. A like what I see here!

Riley G