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

To: Matthew J. Landi who wrote (534)	2/19/1998 10:23:00 PM
From: Ferick	Read Replies (1) \| Respond to of 2595

Either Araldica has met their 1997 revenue goals of over $5,000,000 or Araldica has not met their 1997 revenue goals. re: Investor's Business Daily press release date August 25, 1997 Dominick J. Zaccoli, Sr., Vice President and Chief Financial Officer of Araldica Wineries, LTD., announced that the accounting firm of Goldenberg, Rosenthal & Friedlander, Jenkintown, PA. has recently commenced an audit of the company. Araldica anticipates that the accountants' report should be completed, and sent to shareholders in September. Araldica expects to become a fully reporting public company on or about 1 October 1997. The financial information on the results of the last 12 months of operations, that is, the information of 31 July 1997 was unaudited. Goldenberg, Rosenthal & Friedlander 101 West Ave. Jenkintown Pa. 19046 (215)881-8800