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


To: Selfop who wrote (762)4/5/1998 5:07:00 PM
From: JOE TURMAINE  Read Replies (1) | Respond to of 2595
 
David, clipped this from a Stocks4tomorrow write-up

>Araldica Wineries LTD has a management team that is very focused on the job at hand. They will continue to seek not only to expand the customer base through direct marketing, but also expand the variety and nature of the products imported from Italy. The customer base is very loyal and growth is due in part to the fierce pride that Italian-Americans have for their heritage and how Araldica's wines, olive oil and food products fit into that heritage. In fact the name Araldica comes from an Italian word for heraldry.

The financial side of the Company's business is quite impressive.....
Management owns almost 50% of the stock and the high profit margins will fuel the earnings. <<

QUESTION. Now that there are appx. 16.7 million shares issued and there were only 10 million at the time of this write-up, does anyone know how many shares are held by Araldica management??

JOE