SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Liteglow (LTGL) -- Ignore unavailable to you. Want to Upgrade?


To: AriKirA who wrote (3677)11/21/1998 4:24:00 PM
From: Eric G. Erpenbeck  Respond to of 4715
 
AriKira,

I sold a bunch for a wonderful loss.... I will use it to offset gains and especially to help with IRA rollover to Roth.. This will make it almost painless for me. If Stok2 says there will be a reverse on another thread I would tend to believe him. Has been right on all occassions since I have followed LTGL. Here is a post off the Raging Bull. Have not confirmed nor do I care at this point. Hard to know what will be done with this company or where it will go. IMHO the price is too high right now for me. My 31 days are almost up but I will not buy back in until it gets to a fair value (less than .005) and audit is public. They will have to do a RS IMHO and if authorized is not reduced too then I see no reason why the dilution can not and will not continue after RS. Just my opinions based on past experience.

Good luck!! To bad this turned out sooo rotten. If the post below is accurate (don't know if it is) you are right they are approaching authorized!!


By: Brad+Morris
Reply To #140 by SCAMBUSTER Tuesday, 17 Nov 1998, 8:30 PM EST
Post # of 145

To all..

I called the TA and they said around 183 million shares outstanding!! OUCH!!!



To: AriKirA who wrote (3677)11/23/1998 10:25:00 AM
From: Gary West  Read Replies (1) | Respond to of 4715
 
I couldn't agree more that a reverse is necessary. However, I still think of Spencer as a flat-out liar and any statement he makes to the contrary should be immediately thrown out as hogwash. IMHO, after a reverse, he will issue more shares to continue his tidy printing business he created out of our investment dollars. I may still hold shares in LTGL, but I wish that Spencer would drop dead cause that's the only way I will trust this company again.

GW