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Microcap & Penny Stocks : Level Best Golf (LBGF)
LBGF 0.00010000.0%Jan 14 3:00 PM EST

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To: Jeff Walberg who wrote (75)8/12/1997 2:08:00 PM
From: Brent   of 345
 
Jeff - I saw the news too and I thought it sounded pretty positive for the future. I did average down today when I saw the news.

I purchased 150% more stock at less than 1/3 my original cost. Now that is averaging down. However, I don't have a big position, so this is more or less a gamble for me.

I really don't have much idea how they are doing either, but I can say the airing the infomercial quite a bit and they now have about 5 retail distribution channels. They should come through with some revenues in the next q or two.

BTW, I saw a bunch of 144's filed in the last 3 or 4 months. I don't have a subscription so I can't tell who or many shares were sold, but there were probably 8 or 10 of them.

Sorry for rambling,
Brent
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