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


To: TLWatson59 who wrote (656)3/16/1998 4:15:00 PM
From: Norman Stone  Read Replies (1) | Respond to of 2595
 
TL, the comparison does not hold, if AWLT shows that their assets are balanced by a $5M expense. The MTCI difficulty was not so much a quid pro quo, as the fact that the $4M asset claim did not account for the additional shares they promised if valuation fell short.

Matthew -- there must be some hidden optimism here if people are expecting to fulfill the $4/share requirement. Or is a reverse split in the works?