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

To: zonkie who wrote (2781)	8/4/1998 6:34:00 AM
From: Mr. Jens Tingleff	Read Replies (1) \| Respond to of 4715

And where does to income from the selling of shares go to ? - in first instance balance pecunia (cash/bank) - also a part of shareholders equity !! - And exactly this is the purpose of being a shared corporation at all. - Being able to get growth funded by investors. Your description fits for a sweepstake ticket - If they do not raise prizes when issuing more tickets. I do as an investor expect that the funding is used to enhance/secure shareholders equity. The way the price of the share moves on LTGL has much more to do with investing community wanting in or out. The true value you will not know until you are able to see the balance sheet. This is not MHO, it's a fact. --- In my opinion it is OK to look at investments as a play - It's for sure much better than lotto - But even playing investors owe it to themselves to understand the mechanics behind. Kr Jens