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Microcap & Penny Stocks : LGOV - Largo Vista Group, Ltd.

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To: on parole who wrote (4668)9/10/1999 10:52:00 PM
From: Stephen Goldfarb  Read Replies (2) of 7209
 
John and All: I've been reviewing the LargoVista web site and reading posts in consideration of investing in the company. The potential for growth is apparent.

I also note that there are about 180 million shares outstanding (200 million authorized), and that the company netted a very minor profit for 1998. In the 1997 financial statement, the auditor points out the substantial indebtedness, and warns whether the company can continue as a going concern. Up-to-date financial statements are apparently not yet published. It is possible that I am missing something.

How do investors who favor this company accommodate the above information?

I appreciate any comments or further information.

Steve
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