Liteglow (LTGL) Message Board

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Microcap & Penny Stocks : Liteglow (LTGL)

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To: Martin Wormser who wrote (958)	3/24/1998 7:53:00 PM
From: tom jones	Read Replies (2) of 4715

To all: Talked to liteglow today about number of shares and other things. There are 50 million shares outstanding (held by investors including employees) and they can issue 25 million more to a total of 75 million. The float is about 23 million and employees plus the CEO hold 27 million (these figures can be off by a few million, sometimes I forget). If liteglow earned $100,000 last year the earnings per share would be $.002. The reason we may be getting different information from Liteglow could be that they are learning their jobs or they are pulling are legs. He didn't know when they went public, the Yahoo chart only goes back to May 1997. Russo Securities is the company that brought them public. The lawsuit with Russo may be over soon and was told that this was a learning experience. I asked about selling products in South America and he said they are working on this and have sent samples to several countries. The new web site may be up this weekend and the Lowglow web site up the following weekend. If you have suggestions about the web site the e-mail should go to the person who does the site work. Liteglow is trying to become a reporting company. Does anyone know what this entails? Comments Tom

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