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Microcap & Penny Stocks : Liteglow (LTGL)
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To: MoneyMade who wrote (3354)10/15/1998 3:15:00 PM
From: zonkie  Read Replies (1) of 4715
 
>>>>>To: Deeber (3351 )
From: MoneyMade
Thursday, Oct 15 1998 8:59AM ET
Reply #3354 of 3369
I offer a challenge to anyone on this thread to find me a stock at .012 that is a better buy than LTGL. Take into consideration size of float; it can be equal to LTGL's or BETTER!! I'm all ears please respond... I would like to dump my LTGL shares, forget the Pepboy deal any possibility of having Wal*Marts as our distributor....and I buy your stock.
Disclaimer: Your stock reccommendation must outperform LTGL in 2 mo. or you are a fraud!! <<<<<<<<

LTGL at .012 gives it a market cap of approximately 1.5 million. For $15,000 you can buy about 1% of the company. TVLI also has a market cap of 1.5 million and is also in the lighting business. I don't own it and am not recommending it. I am giving it as an example that a very small company can be a fully reporting company that is making a profit and isn't diluting the hell out of their stock. I have been watching it for several months and it's chart looks almost as bad as LTGL's so it must have some problems too. They reported good earnings a few days ago and it didn't move the stock up so I guess it (like ltgl) hasn't bottomed out yet.

Has anybody else ever seen a comany use a new acquistion as an excuse for not filing financials? This is an old trick that I have seen many small companies use. To me it is just another red flag.

I would like to say again that this is not an endorsement for TVLI, it's just an example of a tiny company that I would have much more confidence in than one that keeps pulling the tricks on their shareholders that LTGL has been doing.

zonkie......
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