Liteglow (LTGL) Message Board

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Microcap & Penny Stocks : Liteglow (LTGL)

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To: Shadow who wrote (2968)	8/27/1998 12:06:00 AM
From: Philip Bosco	Read Replies (1) of 4715

This Line of credit must be viewed as good news. Particularly since LTGL has been getting bashed on this thread for some time. As I said before I did not have a problem with the dilution as long as the money was being put to good use and increasing the company's value and adding to the assets of the company. The dilution was the selling of company stock and not the officers individually owned stock anyway. As an Attorney who has handled many large financial dealings with publicly traded companies I can assure you that Banks do not usually extend a line of credit without being pretty certain of the company's track record and particularly its assets. I am curious about the California based company LTGL is looking at buying. I know there are some California Neon companies out there. I have already seen some of their products in Automotive stores. We will just have to wait and see. This news along with the hiring of the CFO and now hopefully in the latter stages of becoming a reporting company is all good news to me. Like I said before Shadow I do not want to see anyone eat crow on this this company, I would rather see them make money. Good luck to all.

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