Liteglow (LTGL) Message Board

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Microcap & Penny Stocks : Liteglow (LTGL)

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To: Eric G. Erpenbeck who wrote (453)	3/3/1998 7:01:00 AM
From: Mr. Jens Tingleff	Read Replies (1) of 4715

re mentioned dilution - Well when LTGL is now going to fill their stuff into >6500 shops there must have been/be need for huge increase in stock and production material - So may be that the shareprice went down - but for sure values in the company do not. What is the potential for the deal - Initial stock at RS / sales over the year. I dunno - Say each shop could count for a turnover (retail) of 1000 then LTGL turnover would be around 3.3M. If 30M shares was issued and now at .1 the price/sales - Just looking at this one deal is 1. So I say if it is not necessary to issue another 10M shares for each 1M sales (I expect it will not be necessary) then things are very much on track. IMHO. Kind regards Jens

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