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


To: David Sirk who wrote (3134)9/16/1998 6:00:00 PM
From: CAPT.DAN  Read Replies (2) | Respond to of 4715
 
DS,

One might agree with you, since he did make the statement about no more dilution some time ago.
But had that been the case how was he to grow this company in the fashion that it has grown? And keeping it virtually debt free.
I really don't believe that Spencer or anyone else at Ltgl has lined their pockets with the sell of shares.

And investment banker that came along some time ago to help push this company forward was in fact issued some restricted shares. But because of their methods I'm told the two companies had a falling out. Now the IB is being sued by LTGL. And their shares have been shorted and caused part of the problem we have today.

I've been informed that there is ONE MM that is taking this stock south. And they alone have truly hurting the price. Now if we could find out who this is perhaps there is some pressure we could apply. I don't know.

Though I hate what has happened in recent months and I'm not at all happy with the paper lose I setting with, the fact still remains that this is a real company. That is growing and building and shipping real product. Patience is the key some times.

Thoughts?
CD