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

To: John Liu who wrote (1988)	6/11/1998 6:52:00 PM
From: Daniel Miller	Read Replies (1) \| Respond to of 4715

Please explain John. I didn't understand what that was.

To: John Liu who wrote (1988)	6/11/1998 8:08:00 PM
From: Eric G. Erpenbeck	Read Replies (1) \| Respond to of 4715

John, Yes these 144 have been noticed. In my opinion I believe that this has to be a misprint or a typo or just an entry error. I am not sure how to go about getting it corrected. The stock price was never $15 hence no insider could have sold at $15/share. I believe it was 15 cents and a decimal got misplaced. This could be confirmed by looking at the historical chart of the stock price for that date. Earnest thank you! The outstanding shares will have to be dealt with by LTGL! However, if earnings continue to improve, company continues to expand long term we will all be much greener than we are today IMHO. I can wait and I don't need the cash now anyway if I did I wouldn't be investing it... I really believe if Spencer uses his head when he deals with the shares we could all do fantastic on it. Reduced outstanding shares and LTGL EPS should look great (especially if earning substantially increase with new big clients as they should). True hard core investors strongly look at EPS figures. LTGL gets the numbers audited (A HUGE STEP) and I feel our risk is very very low over next 9 months... I think Wallmart will be an excellent addition if it comes to fruition. I think AUDITED EARNINGS, if they come out as expected (POSITIVE NET INCOME) could make our little stock move and certainly lowers our risk. Let hope Spencer can manage cost and expenses as LTGL expands and that Revenues (with the enormous profit margin on each product they sales) grow faster then the increase in cost. Don't know if we will see growing pains here or not.. We might, Where is my crystal ball when I need it. ANY CPA's on the board!!!! As for NASDAQ listing, there are several levels. FOR NASDAQ SMALLCAP listed board, it requires Stock to trade at $3 a share or better for 20 consecutive days. Company must have more than $4M in assets and $2M dollars or better Net Worth... This is what I recall.. I believe there is also $5 listing which has different requirements. I also believe audited financials are an automatic must. Hope this helps! Don't hold me to it all but I believe it to be accurate to the best of my knowledge. Have a nice weekend! Eric