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


To: Selfop who wrote (3810)12/21/1998 8:35:00 PM
From: Mr. Jens Tingleff  Read Replies (1) | Respond to of 4715
 
I suppose we expected it with 90% of authorized outstanding.
Alternative to raise authorized.

I do anticipate that this mean that the company need more cash for the progress. IMO if they haven't yet touched the credit-line, then I'm willing to add more - But :-) we cannot see this until LTGL is filing can we :-)!!!!!

Kr
Jens



To: Selfop who wrote (3810)12/21/1998 10:52:00 PM
From: DR. MEADE  Read Replies (1) | Respond to of 4715
 
I have received no letter.



To: Selfop who wrote (3810)12/22/1998 9:25:00 PM
From: ChrisJP  Respond to of 4715
 
>> I had sold my shares when I learned the authorized was increased to 200,000,000 <<

I sold back in May (or was it June) when we discovered that despite a news release claiming no more need for dilution, LTGL had in fact never stopped diluting. I bought @ .08 (on the no more dilution news), sold @ .06 when I found out we'd been lied to. Reverse split was just a matter or time. Wonder what took them so long.

Dilution will continue until LTGL is back down to .006 again. Sorry.

Keep buying as much LTGL as you can Maggie !!!!! You deserve to be a major shareholder !

Good luck,
Chris