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


To: Ferick who wrote (1458)7/20/1998 2:15:00 PM
From: Riley G  Read Replies (1) | Respond to of 2595
 
I agree. The only thing you can do is fair use as I did. That's post the link and the headline banner and writer of the articles name.

An interesting read on AWLT.

Riley G



To: Ferick who wrote (1458)7/20/1998 5:26:00 PM
From: TLWatson59  Respond to of 2595
 
Ned: No one need worry about disclosure. This information was posted on this board months ago and not in any protected form:

To: Matthew J. Landi (623 )
From: TLWatson59 Thursday, Mar 12 1998 10:29AM ET

Reply # of 1464

Mr. Landi: A question or two concerning the "unaudited" financial release.

The figure for Land & buildings of 2,745,000. Is that based on your actual cost or a valuation given to the auditors by AWLT? What was the depreciation $ amount taken to arrive at the "(net)" in the fixed asset value?

In other assets you carry an asset valued at $5 million for "prepaid television time." I have seen a number of claims by other companies for this type of asset valuation rejected by the NASDAQ as not qualifying under their acceptable accounting principles. Do you have or have your accountants a verified acceptance from the NASDAQ that this asset claim is valid?

I look forward to the "audited" report and the accountant's qualifications if any.

See post #1465 for Mr. Landi's careful response.