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

To: Eric G. Erpenbeck who wrote (3520)	10/21/1998 9:58:00 PM
From: Shadow	Read Replies (1) \| Respond to of 4715

Barton, There is very little information available on this company. There are company press releases which you can access. Their claims of product in stores is true. I have seen limited quanities of their products in Curcit City in Southern California. Their claims of record sales and profits cannot be verified till financial statments are filed. Their press releases have been promising such filings "soon" since May. The current authorized share count is 200 million. The outstanding share count is unknown. I personnally spoke with the Transfer Agent in August and was told it was 140 million. What has happened since then is unknown. (see previous post) It is my personal belief that the company continues to sell shares on the open market. That is only an opinion, I have no data pro or con and the company will not provide any. (see previous post) In my opinion there is only one way this stock will see $1/share in the next 5 years or so. That is a 100 for 1 reverse split. I have no knowledge of such an event, but it is my personal belief that the company will do a reverse some time in the future. If the company puts out good finacials soon, is no longer diluting and make deals with some more nation wide stores this stock might perform. In my opinion this is a very high risk investment. I hope this has been of some help