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


To: micky who wrote (2058)9/25/1998 1:50:00 PM
From: JOE TURMAINE  Read Replies (2) | Respond to of 2595
 
micky, I copied this from the Araldica web site, araldica.com (I
don't know how copyright laws work, can you cut & paste from a copyrighted site if
you credit the site?)
>>September 24, 1998...ARALDICA WINERIES, LTD. (OTC:BB - AWLT)
announced today that it has completed the legal and financial arrangements required for
it to assume operational control of its Italian winery and vineyard subsidiary, known as
"Azienda Agricola Antogianni, S.r.l.", located in central Tuscany, the acquisition of
which was originally contracted and announced in November of 1997. <<

This is very much contrary to what Lewis has to say on the matter,
>> I tried to confirm the Italian winery purchase, and Mr.Paul Lego, the owner of
Antogianni winery told me yesterday that that Araldica has no more operational control
or ownership over his winery today than they did last November. "There is a signed
letter of intent and if they can come up with the money this time, then we'll do the
deal."<<

As I said yesterday, we must become fully SEC compliant & reporting soon. Whether
Lewis is right or wrong at least all legitimate information will be on the table.

JOE