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


To: BigAppleBoy who wrote (1327)6/20/1998 12:32:00 AM
From: Pageup  Read Replies (1) | Respond to of 2595
 
Okay, but a quick profit taking ideaology isn't a requirement to be a participant here. Sure we'd all like to do that, but in as much as I can only speak for myself, I got into AWLT because I was interested in the company, and had a "few" bucks to play with. I ain't got 100,000 shares of this stock, and likewise, I am not overly concerned (right now) with the company's solvency, or its ability to correct its market price in the immediate future. It's obvious that AWLT is in this game to stay, and has the ability to do so. The problem with the price of this stock is that between press releases, it's in somebody elses hands. I don't know nearly as much as I should know about this stuff, however, whenever in doubt, I always consult common sense first.

If the stock price drops below what I bought it for (~.145 avg) again, I'll ride it out... again, and again. Once Araldica's marketing strategies come to fruition the way the company intends for them to, the price will finally pick up and hold its own weight. I'm not in love with this stock, but I do like what Araldica is trying to accomplish, and as a participant by proxy, it piques my interest.

Regards
:-)



To: BigAppleBoy who wrote (1327)6/21/1998 10:18:00 PM
From: Mr Metals  Respond to of 2595
 
Well, it appears that while we are all waiting for the court case against Danielle to be resolved by the judge, we are all beating up on each other.


Look, the company has said that it could take two weeks for the judge to hand down a decision on the case. The judge received all of the papers from both sides last Friday - that is one week. So, we have a week or maybe a little longer to wait. Once the judge hands down the decision we can focus on absorbing Danielle into AWLT, moving towards fully reporting and reviewing quarterly reports .

I understand that this back and forth is due to our collective
frustration in an unfortunately long drawn out court case/ friendly turned reluctant seller. Hey, maybe the owner of Danielle does not want to sell to AWLT because he has a good business and sold on the cheap? Well, AWLT has negotiated in good faith, they placed a large amount of money in an escrow account as per sellers request (establishes offer as bona fide) re negotiated
contract many times, all to sellers demands (negotiated in good faith)

AWLT has several contracts signed, initialed by both sides and witnessed.

THIS WILL BE RESOLVED VERY, VERY SHORTLY.

GOOD LUCK TO ALL!

MM