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

To: W.B. who wrote (2760)	8/3/1998 5:29:00 PM
From: rob jones	Respond to of 4715

That was great ! Thats how I read between the lines all along. The only thing you left out is how they are going to explain away all their monthly profits which will turn into losses or break-even when audited or "adjusted" for things like pump & dump expense,auditors expense, aquisition fee's, consulting fee's (Spence "consults" with strippers often from what I understand) What it all comes down to is this.... Since in reality the company is losing money and will never make any, dilution is not such a bad thing. I mean the dilution just means the loss per share will be less. By golly Spence is a HERO ! Seriously, I'm surprised as hell the stock hasnt fallen more. Maybe 2.5 cents is as low as he'll sell....THIS week ! Next week he's going to need more "consulting" by those naked dancers. In case you think I'm kidding I'd wager that if you tailed Spence for a few days you'd find him in strip joints spendig large sums of cash. Hell, it doesnt cost him anything. He's got a printing press, he can print all the shares he wants which gets him more cash. I think someone should be appointed to call the transfer agent on a daily basis so we can monitor how much fun Spence is having at shareholders expense. And the CDO doesnt work cheap you know. He's got dilution experience at other places. Indeed now we can expect the rate of dilution to at least double since he's got help. Word is he even trys to give the dancers shares....say 20000 shares instead of tips over the night of $300 per girl. The girls dont go for that. They used to but by the time they could get to Schwab in the am the stock had fallen even more and they felt cheated. Spence's paper isnt very valuable in the stip clubs near maggot mile. But hey, they've got a product !!!!! Buy now, its going to the moon !