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

To: tom jones who wrote (976)	3/26/1998 6:22:00 AM
From: CAPT.DAN	Read Replies (1) \| Respond to of 4715

TJ, It's my understanding that they will have to report. They just haven't finished the audit. When completed they will file this with the SEC. This should be released by the end of the month if not sooner. Dan

To: tom jones who wrote (976)	3/26/1998 7:10:00 AM
From: Steve	Respond to of 4715

TJ, LTGL is a BB stock and is under no obligation to report to the SEC. As I understand it LTGL will begin reporting to the SEC sometime this year. Listing requirements for small cap NASDAQ are less onerous than big board NASDAQ listing requirements. LTGL stock needs to trade at an average of $4 a share for 3 months prior to being listed on the small cap NASDAQ. LTGL is about 2 years from being listed on the Small Cap NASDAQ. Presumably this will mean earnings of about .15 to .20 a share. I think we will all be surprised how quickly LTGL grows with big name retail contracts.