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

To: DavidCG who wrote (1973)	6/11/1998 4:30:00 PM
From: ChrisJP	Read Replies (1) \| Respond to of 4715

David, I seriously doubt LTGL will attempt an RS while its stock is under .10. I see a different scenario, assuming Spencer has stopped diluting for now. When LTGL has sales that qualify it for NASDAQ status (is that $20M/year ?), and the stock price is in the .30 - .50 range, then he will do his 10:1 or 20:1 RS. This will put the stock well above the $4 or $5 minimum needed for NASDAQ status. Why do a reverse before it will qualify you for the NASDAQ ? Anyway, this means that between now and then, we have a chance at seeing our little .06 stock trade at .30. The bad news is that, based on current sales (about $4M/year), .30 is probably 2 years away. Regards, Chris

To: DavidCG who wrote (1973)	6/11/1998 4:31:00 PM
From: KZAP	Respond to of 4715

Yes that is amazing, whatever. But even if they sell the remaining 8 million, the projected earnings would still give us about .018 per share. a pe of 3.5 or so. Correct me if I'm wrong. KZAP