Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Liteglow (LTGL) -- Ignore unavailable to you. Want to Upgrade?

To: Joe Lyddon who wrote (4484)	6/16/1999 10:39:00 AM
From: jebj	Read Replies (1) \| Respond to of 4715

>Sounds like we're remembering the past but ignoring what's going right now! - Joe Hummm - seems to bring up something about, "Those that fail to remember the past are . . . " or something along those lines. jb

To: Joe Lyddon who wrote (4484)	6/16/1999 10:49:00 AM
From: Bill Evans	Respond to of 4715

"In a recent post on RB, he stated very clearly that they would not print anymore new shares... No reverse split... & more." We've all heard that before, in fact not long before a 60 to 1 reverse split actually happened.

To: Joe Lyddon who wrote (4484)	6/16/1999 10:50:00 AM
From: jebj	Read Replies (2) \| Respond to of 4715

(BSNS WIRE) Liteglow Industries Inc. Announces May Sales & Profits Liteglow Industries Inc. Announces May Sales & Profits Business Editors POMPANO BEACH, Fla.--(BUSINESS WIRE)--June 16, 1999--Lou Wiener, COO of Liteglow Industries Inc. (BB:LTGL), announced sales and profits for the month of May 1999, which represented a 102% increase in sales year to date and a continuation of our planned month to month profitability in 1999. For the five months ended May 31, 1999, Liteglow had the following increases: -0- T May '99 Sales May '98 Sales May '99 Profit May '98 (Loss) ------------- ------------- -------------- -------------- $356,113 +65% $216,557 $ 53,032 $ (74,884) For the five months ended May 31, 1999, the cumulative numbers are as follows: 1999 Sales 1998 Sales 1999 Net 1998 Loss y.t.d. y.t.d. y.t.d. y.t.d. ------------- ------------- -------------- -------------- $2,202,950 +102% $1,090,694 $248,013 $(281,096) T Wiener stated: "We are extremely pleased with the tremendous increases in Liteglow's sales & profits over the comparable period last year. Further, to clarify some misinformation that is being bandied about, there are 3,931,087 shares outstanding, of which 203,251 are restricted, leaving 3,727,836 shares free trading and in the float, according to our transfer agent, Alpha Tech Stock Transfer, in Salt Lake City, Utah. Based on the 3,931,087 shares outstanding, earnings per share were 6.3 cents for the year to date through 5-31-99." Wiener also stated that Liteglow has completed its audit and will become a reporting company in the very near future. Liteglow is a manufacturer, designer, and importer of products for the automotive and electronics specialty markets. The U.S. automotive and electronic after markets are expected to exceed $300 billion in combined revenues this year. Requests for an investor information package should be made by calling Liteglow Industries Inc. at 800-801-GLOW (4569), or e-mail at spencer@liteglow.com. Fax number is 954/971-5117. Don't forget to visit our websites at: www.liteglow.com or www.lowglow.com. --30--jd/mi* CONTACT: Liteglow Industries Inc., Pompano Beach Spencer Krumholz, C.E.O., 800-801-GLOW (4569) KEYWORD: FLORIDA INDUSTRY KEYWORD: AUTOMOTIVE COMED COMPUTERS/ELECTRONICS EARNINGS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *