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


To: DR. MEADE who wrote (3564)10/26/1998 2:53:00 PM
From: Philip Bosco  Respond to of 4715
 
Thanks Maggie:

I know that it is true that LTGL is making a major push to be in as many retailers as possible. There are some individual investors who have been helping LTGL get the names, addresses and phone numbers of automotive accessory retailers throughout the country so LTGL can get a presentation package to the retailers. LTGL management has claimed that they have always been building for the long term. The increase capital that was needed to increase inventories and product line has apparently worked. Now that LTGL believes that they are in a position to supply some big retailers they are making big efforts to get in as many retailers as they can. I love to see that kind of effort in a small company. The company is excited about the upcoming Las Vegas Trade Show. When most of us were first investing in LTGL the company was a three man operation. Now there are 45 employees. Plus the company has acquired two other companies over the last year and a half or so. Now LTGL is looking for more space because of their growth. It would appear that the real growing pains are over in terms of selling shares to raise the capital they needed. LTGL did not want to turn that corner without making sure the Wagon was loaded for the long haul. As always, been keeping the faith and keeping the lite glowing.