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


To: thomas a. burke who wrote (3797)12/18/1998 7:46:00 PM
From: fordor  Respond to of 4715
 
Thomas, thanks for the info. I have not jumped in yet.

--OT--

Do you happen to know Dr. Al Ballert? I believe he is a fellow alum of the Great Lakes Maritime Academy.

Take Care,

Dor



To: thomas a. burke who wrote (3797)12/19/1998 1:26:00 PM
From: Tomstocks  Read Replies (2) | Respond to of 4715
 
I spoke with the company & they do not want to do a reverse split, they mentioned using the shares for acquisitions. They know the ramafications of a reverse split.
This company has great products and they are in the stores around my area and doing well. Once the mangement gets things in order I think we will begin to see what this company can do. The new CEO has around 30 years experience in the auto Industry & they know that a reverse split would kill the stock and they don't want that.
I like this stock Long Term and still continue to accumulate at these levels. Good Luck!!!



To: thomas a. burke who wrote (3797)12/22/1998 5:50:00 PM
From: thomas a. burke  Read Replies (1) | Respond to of 4715
 
Think about it folks!!! If the reverse split is true, then LTGL has increased the authorized to 600,000,000 shares. By doing a 60/1 reverse it will show 10,000,000 shares. Apparently Krumholtz is still the CEO and we all know what he likes to sell, STOCK....

As I stated last week, "reverse splits are more their style". I wish the shareholders good luck, but LTGL will probably go much lower after the reverse.