Published: December 06, 2007
Atlantic Wine Agencies Inc. Note to Shareholders Regarding Suspicious Activity
CAPE TOWN, South Africa (EWORLDWIRE) Dec 6, 2007
The following letter was issued by Adam Mauerberger of Atlantic Wine Agencies Inc. to shareholders:
It has been brought to our attention that in recent weeks, a number of the Company's shareholders have been contacted by an entity calling itself Kenshin Capital, Inc., purportedly, a Hong Kong based firm (Kenshin) with an offer to purchase the Company's shares at a price of $10 per share. We highly doubt the validity of such an offer as the Company's shares may be freely purchased in the open market at a price of approximately $0.015 per share. Further, as a purchase of the Company's common stock at $10 per share would be desired by management and in the best interest of all of the Company's shareholders, we attempted to contact Kenshin and were unsuccessful in all attempts as it appears the contact information supplied to our shareholders was false.
We are further concerned that other firms have or will try to communicate with our shareholders with similar offers and strongly advise our shareholders to consult their counsel prior to executing any documents or providing any personal information to any third party. If desired, the Company's management is also available to discuss any aspects of its business which have previously been disclosed to the public.
We have taken steps to communicate with the proper authorities in both the United States and Hong Kong and will assist them in investigating this matter as we believe our shareholder list may have been improperly accessed.
About Atlantic
Atlantic Wine Agencies, Inc. is a publicly listed company listed on the OTC-BB with a world class vineyard estate in the Stellenbosch region of South Africa. Contingent on market conditions we are currently seeking to (i) enhance our present business with the acquisition of similar assets, (ii) develop a new business unrelated to our current business or (iii) acquire a new business and spin-off our winery and related assets to management in a going private transaction.
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on our expectations and are subject to a number of risks and uncertainties beyond our control, including but not limited to economic, competitive and other factors affecting our operations, management team effectiveness, expansion strategies, available financing, market prices and recovery costs, government regulations involving us, facts and events not known at the time of this release, and other factors discussed in our filings with the Securities and Exchange Commission.
These statements are not guarantees of future performance and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We undertake no obligation to update publicly any forward-looking statements.
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Mr. Adam Mauerberger
Atlantic Wine Agencies, Inc.
London, United Kingdom
WC2N 4JF (phone)
am@atlanticwineagencies.com