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


To: David Sirk who wrote (1526)5/2/1998 3:55:00 PM
From: Popiye  Read Replies (1) | Respond to of 4715
 
David - true, and your thoughts are correct with "your" amount of position you have invested -or willing to lose (this why Las Vegas luvs couples to say - this is how much I can afford to lose). So, with $ 600.00 individual positions, there are maybe 10,000 individual investors (of course their are some folks with very large positions of 1M probably) that are going to be taken to the cleaners (shipmate we are all on the ship - titanic). Timing is everything, my timing was terrible with this company; my DD led me to believe LTGL was going to use letter(s) of intent from supposed national merchandisers that needed promisory volume productions numbers and with that hard-copy intent to purchase Liteglow products; LTGL would drive to the bank to finance manufacturing capabilities - "my" mistake in judgement - not the company. What appears now is the China manufacturing deal (if there is one) will come from the shareholders backs, and not the companies (present and future) business associations or retail customers. Best wishes.