To: Andre Daedone who wrote (1381 ) 4/16/1998 1:07:00 PM From: Shadow Read Replies (1) | Respond to of 4715
ALL: I pulled this off the Yahoo board. Well, here it goes. I feel that a lot of people do not post real info and concerns on some of these boards because of the unusual cyber-weirdos that post negativity all day long. These personalities are definitely not normal and I refuse to really give a sh*t about what they post or think. I have recently bought some otc-stocks, a few lotto tickets, a 99 chevy suburban LT, and a couple of yamaha gp1200's just this week. Should any of these purchases be of any business to strangers? Of course not, why would they or should they give a cr*p? If they want to worry about any one of these buys, let them post all day long. Anyways........... now about ltgl...... I have called the company today, and from this call I have concluded this: Of course this is just my opinion. 1. Have shares been issued by the company recently? Yes 2. Does it have anything to do with financing the china project? Yes 3. Have they sold shares into the release of positive news? Not to his knowledge. 4. What is the float? 75 mil outstanding, aprox 39 mil float, 8 to 10 mil employee held. 5. He mentioned the company growth and eluded to the wall mart and pep boy rumors. He did say that it was a possibility that a buy back program may be looked at in the future. Heres my conclusion. It is possible that they are helping to finance some of their growth projects by selling shares. They expect enormous growth. I do not think it is a suprise to anyone that some dilution might be happening. . They need to get the product on the shelves. That is when it will sell. I have a small position in this and if their projected growth happens and they stop issueing shares, a profit will be realized. Call for yourself, and come to your own conclusions. I am holding.