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


To: Mr. Jens Tingleff who wrote (2922)8/23/1998 3:51:00 AM
From: 246810  Respond to of 4715
 
The reply you reference was from July 10th and referred to a stock being discussed on MOMO MAMMA'S thread, not LTGL.

As for DD for LTGL: The current DD you can do on this stock is Outstanding shares, try to find it in Pep Boys and the CEO's human behavior. The former is absolute, Pep Boys seems to be a mystery and the latter is pretty obvious, he makes empty promises at best.

Check the product label in the stores in Norway and Germany and verify it is LiteGlow not American Auto Accessories.

I don't know when LTGL traded high enough to be shorted in the USA.

I have 50,000 shares of this dog I bought between 8 and 9. I have had nothing negative to say until it reached 2 because I certainly want it to go up. However, it is time to face the facts. My message to Puppy Dawg was to point out the areas of DD that could have been investigated prior to an entry.

246810



To: Mr. Jens Tingleff who wrote (2922)8/24/1998 8:21:00 PM
From: AriKirA  Read Replies (1) | Respond to of 4715
 
With all due respect Mr Tingleff, I doubt the price range we are actually in is the result of a couple of "bashers".

They may be partially responsible for the drop in price, however, there's a better chance that the price reflects the management's way of conducting business.

IMHO, the management conducts business as if they weren't a public company.
They keep issuing shares as if the shareholders were non-existant.
They increase the number of shares authorized without ever holding a shareholder's meeting.
They keep on releasing false promises in their PR's. (acquisitions, audited numbers, ...)

Do you seriously think they would act this way if they were financially dependant on their own $$$ ?

This company seems to want to 'pump and dump' their own shares.

The last PR seems to clearly prove the latter.
Why would the management put it's credibility in doubt by stating that a PR would be released within 10 days of another acquisition?
If they are actually negotiating an acquisition, why not just release a PR once the acquisition is completed? Such a statement is totally unnecessary. It can only cause some harm. If a PR is released, well, fine. However, if the acquisition doesn't go through, the price drops and the management loses all credibility. Just look at the audited numbers. 6 months and waiting!!!!

I understand they have products. Nevertheless, a company needs a management that can provide a path to success. The management presently in place is doing quite the contrary, don't you agree?

What happened with the China deal?
What happened with the audited numbers?
What happened with "no more dilution is needed"?
What happened with the increase in authorized shares?
Why does the number of shares outstanding increase every other week?
I guess you get the drift.

Still waiting for an answer from the SEC.
Take care Mr Tingleff
AK