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

To: Shadow who wrote (1534)5/5/1998 3:10:00 PM
From: TraderGreg  Respond to of 4715
 
That's right and that's my point.

If I wanted to dilute, I would do everything to boost the price UP, even buy back shares and THEN do the reverse. I would then be getting alot more bang before the bubble burst.

TG



To: Shadow who wrote (1534)5/5/1998 3:21:00 PM
From: Terry Lyon  Read Replies (1) | Respond to of 4715
 
If there was a RS, can the company change the shares authorized to say 10 million? If insiders hold a lot of shares doesn't a RS, while maintaining the same shares authorized, also hurt the insiders? Are insiders of LTGL still majority shareholders, or with all the dilution, is majority outside?

Terry


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