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


To: nhhick who wrote (731)3/29/1998 9:54:00 AM
From: Selfop  Read Replies (2) | Respond to of 2595
 
nhhick, Thanks for your response. My frustration at Matthew's reply to a few of my suggestions really surfaced in my last posting. After a good night's sleep, I decided to hold AWLT but not accumulate and not recommend. . AWLT needs now to start listening to shareholders, instead of getting upset with them. On their own merit, through their efforts they have given us a stock price of 16 pennies a share, so they have nothing to rest their laurels on.
Deep down, I want them to succeed. They have an exciting concept. Matthew seems like a dedicated, hard working individual. The kind of person I cherish in my organization. The lack of a good PR firm has really hurt AWLT. And someone must be accountable for that delay. AND stockholders deserve timely audited financials. So for that delay, someone must be accountable. These basic details should have been worked out long before the first share of stock was issued. True they are only a BBcompany. But their goal is to be fully listed on NASDAQ. With that goal in mind, the audit should have been a priority. With planned acquisitions that would obviously slow an audit, all the more reason to get it started earlier. One would think after the recommendation by stocks to watch, they would have prioritized their tasks ahead. So for the future let's hope they do learn from their mistakes.