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


To: Makedacash who wrote (819)3/16/1998 12:22:00 PM
From: (Bob) Zumbrunnen  Respond to of 4715
 
It seems to me a bit of a stretch to assume that LTGL has a deal with Walmart. Quite the contrary. The wording of the press release excludes Walmart, as they're a "major retailer", not a "marketing agent".

When I first mentioned Walmart, it was to point out that it's entirely possible that the marketing agent may be able to get LTGL into WMT. It would seem reasonable to expect that a "marketing agent" located in Bentonville who deals with "major retailers" may very well deal with Walmart.

It's unreasonable to assume, though, from current information, that LTGL has or is likely to have a direct relationship with WMT.

From the press release:

they have entered into an agreement with a large service organization located in Bentonville, Ark. The organization will
serve as a marketing agent between Liteglow Industries and major retailers.



To: Makedacash who wrote (819)3/16/1998 2:11:00 PM
From: tom jones  Read Replies (2) | Respond to of 4715
 
To Makedacash and All: Lawsuit with Russo Securities. Was Russo the company that brought Liteglow public? I have a Liteglow press release from May 7,1997 that says they started a civil suit against Russo for failure to carry out investment banking arrangements and recovery of Liteglow stock. I guess they paid Russo in stock and Russo was selling it.
Anyone know anything more? Comments?
Tom



To: Makedacash who wrote (819)3/20/1998 12:46:00 AM
From: Eric G. Erpenbeck  Read Replies (1) | Respond to of 4715
 
Dear Sir:

I checked with Spencer on the Russo suit and he said that was only a rumor and he refuses to discuss rumors! Who was your source again for this information? Would NOT appear to be to a dependable source. I will let you guys know if I find out more on the subject.

Eric