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

To: ChrisJP who wrote (1974)	6/11/1998 4:43:00 PM
From: Daniel Miller	Read Replies (1) \| Respond to of 4715

Penny stocks often do reverse splits while they are in the penny range. For a simple reason. No real investors will take a stock in the pennies seriously. They will only invest if it is over 10. I think it would be a reasonable thing for LTGL to do. Doing this would eliminate a good ammount of outstanding shares too. The downder to this though is that reverse splits are usually bad news. If they do a 1-100 reverse split then I believe we will see it back to the pennies in a short while. Has anyone spoke to Spencer about what he is panning on doing to fix the float(if anything)? -Daniel Miller -DM14trader@hotmail.com