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


To: jebj who wrote (3887)1/3/1999 8:52:00 PM
From: Philip Bosco  Read Replies (2) | Respond to of 4715
 
There are a lot of things that just do not seem to add up about this company. I would have to believe, however, if things were really that messed up with the company the CFO would have been out door right away. The share price even with the large float does not seem to make sense. I do feel real uneasy with the reverse stock split. If management would not sell any more shares it could work out okay, but I believe management will probably just keep printing new shares and selling them. Perhaps management is paying themselves outrageous salaries also. I have been sticking up for the company for some time. At the present time I have some real bad feelings. I hope I am wrong now. We shall see. Perhaps Shadow, you were correct about this company. Right now I am just going to have to ride it out. I get a little comfort when I see the products selling in the stores but that has done little for the portfolio.