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


To: CAPT.DAN who wrote (3861)12/28/1998 10:17:00 PM
From: Daniel Miller  Respond to of 4715
 
Capt. Dan, I have faith in Spencer etc... I at one point did have faith that the stock will soon be a 5 point stock. That was before all the dilution took place. Now I will settle for it to go back up to .15. After the reverse it may however reach 4.20. Don't get me wrong. LTGL is still making deals etc... They are making money.



To: CAPT.DAN who wrote (3861)12/28/1998 11:17:00 PM
From: HIGHPLANESDRIFTER  Read Replies (1) | Respond to of 4715
 
Sorry CAPTAIN, but your computational Titanic is sinking on its maiden voyage!

LTGL will have to be a fourteen bagger before it sees $.07, which is how you based your "calculations".

Go back and try it with $.005, today's close. That gives you a post reverse share value of about $.30 (30 cents) ... the question is, after the reverse, will it hold at .30, or just slide further back?