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Microcap & Penny Stocks : Liteglow (LTGL)

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To: rjm2 who wrote (4707)10/5/2000 8:27:57 AM
From: Mr. Jens Tingleff  Read Replies (1) of 4715
 
Well, Initially BioElectronics tried to become public via a merger with Elast ESTG - Apparently they had too little to offer, for BioElectronics to share.

According to BioElectronics, there are a total of 144 world wide patents, some of which have not been maintained. They have US patent coverage and will be filing additional patents.
Plan is to go AMEX or Nasdaq.

They may have paid good for LTGL - Yet, the tech base behind this may very well bounce for A.H.O.A.L. more.

The initial inside and restricted ownership in such merger may be up around 90% - That could be some 60MM shares in total - Plus what might be needed to go for the market.

Impossible to guess the value of each patent.
Anyway it is honest to hope for a good development there.

Kr
Jens
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