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


To: Eric G. Erpenbeck who wrote (2967)8/26/1998 8:32:00 PM
From: Shadow  Read Replies (4) | Respond to of 4715
 
I have been a bear on this thread for some time so this post will be a switch.
If LTGL has negotiated $400,000 line of credit they did it 1 of 2 ways.
1. They put a LARGE sum of money in escrow as collateral

or

2. They provided the bank with a profit and loss statement that
showed the bank they could carry the payments on a $400,000 loan.

I have to take this as good news.