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

To: Eric G. Erpenbeck who wrote (2435)	7/15/1998 10:57:00 PM
From: Philip Bosco	Read Replies (1) \| Respond to of 4715

When Spencer announced that the audited financials would be ready by June 1, 1998 that was based on what he was told by the auditors. He is as disappointed about the delay as we are. He does not have total control over the audited financials being released. I know the company will never make an announcement like that again. He doesn't want to promise something he does not have total control over producing. I believe he can feel a lot more certain about the acquisition being announced within 10 days. I know due diligence was being done over the last 2 months. If legal counsel has completed legal due diligence and the contracts have been drafted and reviewed, then I am convinced it must be a done deal or at least the only thing left is the formal execution of the documents. I must say that happened pretty quick. Of course I have no idea about the size of the home lighting company LTGL will be acquiring but I am happy about it. I hope they will build that into something big. It looks like in addition to getting LTGL products for the Lexus I will also have to get LTGL products for the house. I still believe this stock is a winner. I have been keeping the faith and letting the Lite Glow.