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

To: nimbus who wrote (761)	4/2/1998 7:55:00 AM
From: Selfop	Read Replies (1) \| Respond to of 2595

AWLT Back to basics. The unaudited financials of 1/31/98 show 16,637,072 shares outstanding and stockholder equity of $5,973,897. That's.36 cents per share and YES the stock was in the .40 range when they were pumping better news and a year ago, April 1997, it was at a $1.00. Some financial improvements may have been made since January so the current equity per share is probably north of .36 cents. How much higher? Who knows especially with that shaky asset of 5million in purchased advertising. Point is, the stock deserves to make a run up at some point. Perhaps that run up will occur the day the audited financials are released. To gain investor confidence, it would be great to see them beat the April 11th deadline. Right Ned, my mainstreet friend. LOL Regardless, a new PR firm is sorely needed and top management needs to tone down M. Landi so remarks made in responses 726 and 743 are eliminated. His anger is doing this company harm, but I must admit, he does release more info when he gets upset. Good luck to all AWALTIES. But I have to tell ya, It;s now bye bye on the first run up.