To: Rock_nj who wrote (5662 ) 6/24/1998 1:33:00 PM From: DR. MEADE Read Replies (2) | Respond to of 8798
LTGL at .055. ******** Time to buy big ! *******Wednesday June 24, 11:31 am Eastern Time Company Press Release Liteglow Industries Inc. Announces Record Sales & Profits POMPANO BEACH, Fla.--(BUSINESS WIRE)--June 24, 1998--Spencer Krumholz, President of Liteglow Industries Inc., (BB:LTGL), announced Wednesday record sales and profits for the period ended May 31, 1998. Results were as follows: 5-Months Ended 5-Months Ended Change 5-31-98 5-31-97 SALES $ 1,312,086 $ 1,029,917 +21.5% GROSS PROFIT $ 689,718 $ 429,475 +37.7% NET PROFIT $ 87,083 $ 42,948 +50.7% Liteglow also announced that they have just begun shipping their new line of coated halogen bulbs, and their lighted soccer balls and hanging skull. These new items will have a tremendous increase to the sales and profits starting in the 3rd quarter of 1998 and beyond! Liteglow is a manufacturer, designer and importer of products for the automotive and electronics specialty markets. The U.S. automotive and electronics after markets should exceed $300 Billion in combined revenues! Requests for an investor information package should be made by calling Liteglow Industries Inc. at 800/801-GLOW (4569), or e-mail at spencer@liteglow.com. Fax number is 954/971-5117. Don't forget to visit our website at: www.liteglow.com. ------------------------------------------------------------------------ Contact: Liteglow Industries Inc. 800/801-GLOW (4569) Email: spencer@liteglow.com Website: www.liteglow.com ------------------------------------------------------------------------ More Quotes and News:Liteglow Industries Inc (OTC BB:LTGL - news)Related News Categories: automobiles, computers, retail ------------------------------------------------------------------------ Help ------------------------------------------------------------------------ Copyright c 1998 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form. See our Important Disclaimers and Legal Information. Questions or Comments?