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


To: Walter Morton who wrote (2731)7/31/1998 10:31:00 AM
From: TraderGreg  Read Replies (1) | Respond to of 4715
 
Reporting or not reporting is NOT the issue here. A public company, whether or not it reports its FINANCIALs to the SEC, must still register new shares, must still have a shareholder meeting to vote to increase the authorized, must still NOT lie to shareholders. Why is this still not clear?

BTW, conversely, the reporting of financials does not automatically bless a company. Centennial, Marvel, Mercury, Cendant, were reporting companies. So what?

TG



To: Walter Morton who wrote (2731)7/31/1998 10:37:00 AM
From: JONK  Read Replies (1) | Respond to of 4715
 
Walter,

Interesting observation. I for one did not sell my shares to
persuade/solicit others in to doing the same. I reached my
threshold of the predetermined loss I would accept. The problem
here is the statements made to the public via news releases, or
in direct response from Spencer stating one thing and taking
contrary action. Now you may still profit from this investment,
time will tell. Personally, I do not care to profit or be involved
with a company that apparently is misleading investors. Now you
may have a different opinion, that is fine, but calling others
misinformed is not good posture. Others have opinions just like
you, you may be misinformed also, however I view your points as
your opinion, nothing more. There are many things that need to
be revealed and brought out in the open so we all can make
informed decisions, but the accuracy and truth in the information
is critical to making informed decisions. I think most people
who choose to invest in pennies are intelligent enough to understand
the risks involved. I choose to disassociate myself from LTGL until
I have more evidence one way or another.

Jeff O.



To: Walter Morton who wrote (2731)7/31/1998 7:14:00 PM
From: Puppy Dawg  Read Replies (2) | Respond to of 4715
 
Walter,

I agree with you! What is everyone crying about. You would think that they had their life savings in Liteglow. I dunno maybe they do. I know I certainly knew the risk of this penny stock before I bought it and was fully prepared to lose every penny of it. I love the gamble. I'm down about 70% and could care less. Its not like I'm going to sell it now. Maybee thats what everyone in this thread wants us to do, so the price drops, and they can get in for .001. I know if it goes much lower I'm certainly going to triple or quadruple my investment in LTGL. I think they have a great product, that many people are into, I think mostly the younger generation, and thats one heck of a market. And in my opinion I prefer the increase in authorized, instead of a Reverse Split.

Anyway, I'm in for a long ride.

Good Luck.
Pup