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


To: Eric G. Erpenbeck who wrote (1990)6/11/1998 10:43:00 PM
From: M, Anderson  Read Replies (1) | Respond to of 4715
 
Wellsaid Eric. Ok, everyone can stop talking about reverse splits now. Because #1. It ain't gunna happen in "98" and #2. Refer to #1.

When it reaches a buck or so, then perhaps it would be worth discussing. At these prices, who says we need Nasdaq to make a killing? Hell, if it hits .63, we'd have a thousand % gain!

This is JMO, but I think some people here are getting LTGL confused with a listed security. I see a few people claim to have all the answers on how to get LTGL on Nasdaq. Reversing at this price would be suicide. Nobody knows what these shares are going to be used for. So why speculate.

The company is somewhat new, they are aquiring retailers, and they're numbers are going up. It's going to take some time to build. We shouldn't have the attitude:Gee, now that I bought for next to nothing, it should hit a quarter in the next couple months.

I would love to see a buyback myself. But I'd rather they used the money at this time to build the business.

MN.