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


To: thomas a. burke who wrote (3830)12/27/1998 2:17:00 PM
From: Daniel Miller  Read Replies (2) | Respond to of 4715
 
Hello, I was hesitant to post again on this thread. I still own my shares of LTGL, and do not plan on selling. I have lost money on this stock, like all of us have. But as I stated back when, that a reverse split is in our favor. You guys have got to start using your brains. Just think. The stock is now priced in the real micro penny category, with a float higher then any of us are able to count. Will this stock ever move with a float this high? The only way for this to move is if Bill gates put all his money into it. Then we may see it move over .03 or so. But I don't think that will happen. The only hope was for them to get rid of some shares. Two choices, a buy back or reverse. As we know they don't have that kind of money for a buy back. But a reverse may do good. It will turn into a Nasdaq stock and bigger investors may start investing in it. IMO. I don't know about you but I am keeping my shares.

-Daniel Miller

If you look at previous postings we were at one point, at least I was, hoping for a reverse split. I am happy about it.

How big is the split? 1/60?