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

To: BRAD DRIGGERS who wrote (2720)	7/31/1998 1:48:00 AM
From: Eric G. Erpenbeck	Read Replies (1) \| Respond to of 4715

Brad, LTGL has lied and that is all there is too it. I find your post slanderous and will be forwarding it on to SI. Your trial membership should be over very soon.

To: BRAD DRIGGERS who wrote (2720)	7/31/1998 2:39:00 AM
From: TraderGreg	Read Replies (1) \| Respond to of 4715

Even though LTGL is a non-reporting company, the increase in authorized shares had to be registered and they weren't. Moreover, the vote to increase authorized would require a shareholder vote. It appears neither of these two events occurred. The fact that the company is non reporting does not permit management to make false or misleading statements to shareholders. TG

To: BRAD DRIGGERS who wrote (2720)	7/31/1998 8:23:00 AM
From: W.B.	Read Replies (1) \| Respond to of 4715

S.E.C. Response: >Mr. Buckley, Thank you for providing your information to the SEC. It has been forwarded to the Division of Enforcement for consideration. Any investigation which might be done would be conducted on a confidential basis. As a matter of policy, the SEC will neither admit or deny that it is investigating any person or firm. This is done so as not to injure the reputation of those who may be unjustly accused of violations of law. Al Lapins< The email address to the "S.E.C. Investor Assistance & Complaints" is: HELP@sec.gov

To: BRAD DRIGGERS who wrote (2720)	7/31/1998 9:08:00 AM
From: AriKirA	Respond to of 4715

Mr Driggers, First of all, as mentioned earlier, an increase in authorized shares does require a shareholder vote at a special shareholder's meeting (all shareholders have an equal right to receive a circular indicating the time and date of said vote). In addition thereto, as TraderGreg mentioned these shares have to be registered to be in compliance with all applicable regulations and by-laws. Second of all, with respect to the company's (directors)responsability towards us, TraderGreg was right on when he emphasized the fact that the management of a non reporting company is not allowed to make false or misleading (I would even qualify them as being fraudulent) statements to shareholders. As to your third extremely ignorant comment being ''its not like LTGL lied, they are NON-REPORTING !!!! It means they do what they want, when they want with NO rules.'' I strongly suggest you refrain from calling other people stupid or dumb when in fact you are the one who seems to know absolutely nothing about corporate and securities law. The SEC is an independent, nonpartisan, quasijudicial regulatory agency with responsibility for administering the federal securities laws. The purpose of these laws is to protect investors in securities markets that operate fairly and to ensure that investors have access to disclosure of all material information concerning publicly traded securities. The Commission also regulates firms engaged in the purchase or sale of securities, people who provide investment advice, and investment companies. As a result, state laws are not administered by the SEC. Thus, all shareholders have a civil recourse under Florida State law regarding fraudulent misrepresentations. My advice to you Next time you open your big mouth and start calling other people stupid, make sure you won't end up being the IGNORAMUS. Have a very nice day