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Microcap & Penny Stocks : Liteglow (LTGL)
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To: Mr. Jens Tingleff who wrote (2773)8/4/1998 12:20:00 AM
From: Philip Bosco  Read Replies (1) of 4715
 
Jens,
Yes exactly. I will be curious to see the acquisition LTGL is attempting to make. It is not a dilution of the value of the company if those shares are being exchanged for another company. Certainly if it is a good company that will add to LTGL's bottom line in terms of assets and increased revenues and profits. It is my understanding that this is the type of acquisition LTGL is attempting to make. The other company's shareholders may be receiving shares of LTGL. It is also my understanding that the acquisition of Lowglow was done in a similar fashion. The original Lowglow owners are still running the shop at Lowglow but are now excited to be part of LTGL industries. As I said before I would be extremely ticked if LTGL was selling shares and dumping the money down a rat hole but if the shares are being exchanged to add a valuable asset to LTGL which will increase revenue which in turn will hopefully ultimately increase the company's bottom line then I do not have a beef. I will wait and see.
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