To: CAPT.DAN who wrote (328 ) 2/28/1998 9:48:00 PM From: Israel Read Replies (1) | Respond to of 4715
CAPT.DAN: Ive posted the release that you have alluded too. Wherein the CEO announces they began negotiations with several major chain stores on Nov.19th. Just wanted to post this so that investors don't think that this is some kind of unfounded rumor. The possibility of them having closed a deal is very real!! Fridays action in the stock, leads me to believe that there is something done! Wednesday November 19, 8:28 am Eastern Time Company Press Release Liteglow Opens Negotiations With Major Chain Stores POMPANO BEACH, Fla.--(BUSINESS WIRE)--Nov. 19, 1997--Spencer Krumholz, president of Liteglow Industries Inc. (BB Symbol:LTGL), has just announced that Liteglow has begun negotiations with several major chain stores to handle the newest Liteglow products! Liteglow has just recently completed showing some of their new 1998 products at the Sema/Apaa auto accessory show in Las Vegas. Many major chains, including Pep Boys, Trak Auto and CSK Auto have expressed interest in and requested samples of several of the new items, especially Liteglow's new/patent pending ''lighted hanging dice.'' Liteglow is projecting major sales and profit increases with these new products, which will begin shipping in mid December 1997. Furthermore, Liteglow has expanded their in-house telemarketing department in order to service both existing customers and the more then 800 new sales leads that were generated at the trade show. Leads will be followed up both in-house and by Liteglow's sales rep network, including six new sales rep agencies that were recently appointed at the trade show. As a side note, Liteglow is advising all investors that someone has put out a false rumor regarding a possible reverse of the stock, and has categorically denied that any such split is even contemplated! Liteglow is expected to report record sales and earnings for the year ending 12-31-97. Liteglow is a manufacturer, designer and importer of products for the automotive and electronics specialty markets. The U.S. automotive and electronics after markets should exceed $300 billion in combined revenues! 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 website at: www.liteglow.com Contact: Liteglow Industries Inc., Pompano Beach Spencer Krumholz, C.E.O., 800/801-GLOW (4569) Happy trading, Israel