Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lazarus who wrote (2607)	7/27/1998 11:38:00 PM
From: Philip Bosco	Read Replies (2) \| Respond to of 4715

Your example would be correct as well as your math except you are going on the assumption that the money raised during the dilution was poured down a rat hole. The dilution occurred, but now the China deal is underway. LTGL expanded to take over the warehouse next to their original warehouse. When the outstanding shares were only 10 million they did not have the product line or the inventory they have now. The company has also been increasing inventory to be able supply major retailers. You cannot sit back with a small operation and expect to supply major retailers. Just like you cannot sit back and not spend money and at the same time increase your product line. When LTGL had 10 million shares outstanding it was not the same company it is today. LTGL does not only make neon lights for under automobiles. If that is all they made I would never be here. Today's news is very good news. This is why I have been saying for months that by the end of July 1998 we would see which way this company is heading.