Liteglow (LTGL) Message Board

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Microcap & Penny Stocks : Liteglow (LTGL)

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To: Mr. Nice Guy who wrote (3714)	12/6/1998 12:32:00 AM
From: Philip Bosco	Read Replies (1) of 4715

Even with the large outstanding shares (which I hope the company reduces without a reverse stock split) the shares do seem to be extremely undervalued. Particularly when you consider the stock was trading at .13 when the outstanding shares were somewhere around 50 - 75 Million. That was before the Pep Boys deal and the Trak Auto. That was before the company acquired B & B Associates. That was before the company got the additional warehouse next door and filled it up with inventory. That was before the company made further inroads to South American markets and European markets. That was before the CFO was hired. That was before the additional products were introduced. When you factor all that in and even take 200 million shares as the float (which it is not) a share price of .008 does not make sense. Unless some people want to argue that it was unbelievably overvalued at the time it traded at .13 a share. Long on LTGL here. See product on the shelves at Pep Boys and other stores and the product seems to be selling. Good Luck to all. Anyone who has visited the company in Florida, I would love to get a report from you.

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