Liteglow (LTGL) Message Board

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Microcap & Penny Stocks : Liteglow (LTGL)

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To: Leo Jon who wrote (1434)	4/18/1998 9:49:00 PM
From: Eric G. Erpenbeck	Read Replies (1) of 4715

To buy back shares will take significant cash for LTGL. Why would LTGL be selling more shares in the market, faster than we can blink just to buy them back. I would assume they are selling them because they need CAPITAL AND THEY NEED IT QUICK! If LTGL ever buys back shares, JMHO, I can not see that happening for a long long time but that would be the best method for us. Even for them to buy 50,000,000 shares will take $2.5M in cash. Where are they going to get that from FY 1998 sales of $4-6M? I don't think so. Other suggestions? I guess we could hope for acquisitions or mergers (just thoughts). I know LTGL was talking about looking for other profitable related companies at one time last year. Looking forward for more news!

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