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

To: Philip Bosco who wrote (2775)	8/4/1998 4:03:00 AM
From: Mr. Jens Tingleff	Read Replies (1) \| Respond to of 4715

Forgot one thing about issuing shares. It is actually possible to issue shares and give the shareholder value equal to PE=1 - Just for the issued shares. Say The company has a loan of 1mio $ - they issue shares equal to 1mio $ at an 3 days average quote. eg. 4 mil shares @ .25 - Now shareholder equity went up 1 mio. Say that the 4 mio was added to existing 60 mio outstanding shares. Then the impact on the figures is even more interesting: 1 mio by 64mio shares = each share payed only 1.56 CENT for the increase in shareholders value this equals a PE of 0.0156. The above is only made in order for people to understand that issuing shares is not necessarily a bad thing. I have no insider knowledge that Liteglow might have done transactions as described above. Just describing the fact of how issuing shares can be used in the best interest of investors (including the insider investors). Kind regards Jens