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


To: DJ Byrne who wrote (3040)9/4/1998 10:20:00 AM
From: Shadow  Respond to of 4715
 
I don;t think they care at all. I think they do OK with the
business of selling lights and car accessories. I believe they look at LTGL stock as free money. I believe they will continue to sell it
until its value is zero. I believe they will do a reverse soon, but only because it will increase the value of the stock they are dumping on the market and increase their cash flow from stock sales.
They have no interest in the welfare of their shareholders.



To: DJ Byrne who wrote (3040)9/4/1998 2:20:00 PM
From: Daniel Miller  Read Replies (3) | Respond to of 4715
 
But look. If you do the reverse split for let's say 1-100.

About 92Million OS. Now there will only be 920,000 OS. Many people will be frightened from the reverse and sell out. Therefor selling alot and bringing the price down to about .05 or so. People will see an excellent buying opportunity. The stock will hopefully go up even past the price after the reverse.IMO.

-Daniel MIller

DMstocks@nettaxi.com