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

To: Selfop who wrote (3817)	12/22/1998 3:54:00 AM
From: Mr. Jens Tingleff	Read Replies (3) \| Respond to of 4715

The authorized common will now be 10,000,000 shares and 1,000,000 preferred shares 60-1 reverse will be: 3,000,000 common outstanding. Interesting that the authorized will only be 10MM - Leaves them with only 7MM @ 44 cent = max 3MM$ to issue. IMO that does mean that they do expect a raise in the price. (of course it is no big deal raising the numbers of authorized) - well, we will se. Does that letter mention what they do about the remainder in the split ? - eg 55K leaves a remainder of .6666666 share Kr Jens