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

To: Mr. Jens Tingleff who wrote (4162)	3/5/1999 6:45:00 AM
From: BillQ	Respond to of 4715

Well the volume would indicate a whole lot less shares are available.But with these guys for how long?

To: Mr. Jens Tingleff who wrote (4162)	3/5/1999 10:02:00 AM
From: Jetta	Read Replies (2) \| Respond to of 4715

News Friday March 5, 9:31 am Eastern Time Company Press Release Liteglow Industries Inc. Strong Sales and Profits POMPANO BEACH, Fla.--(BUSINESS WIRE)--March 5, 1999--Lou Wiener, COO of Liteglow Industries Inc. (BB:LTGL) announced strong sales and profits for the first two months of 1999, which represented a 130% increase in sales and a continuation of our planned month to month profitability in 1999. For the two months ended Feb. 28, 1999, Liteglow had the following increases: Feb. '98 Sales Feb. '98 Net Loss Feb. '99 Sales Feb. '99 Profit -------------- ----------------- -------------- --------------- $270,649 $(22,544) $452,245 $43,519 (increase 67%) For the two months, the cumulative numbers are as follows: 1999 Sales y.t.d. 1998 Sales y.t.d. 1999 Net y.t.d. 1998 Loss y.t.d. ----------------- ----------------- --------------- ---------------- $868,451 $377,928 $ 94,515 $(57,697) (increase 130%) Weiner stated: ''We are very extremely pleased with the tremendous increases in Liteglow's sales and profits over the comparable months last year. It should also be noted that sales during January and February) are historically the lowest among the 12 months of any given year. Accordingly, if the present strong demand for our products continues throughout this year, we believe Liteglow's consolidated sales for the full-year 1999 can be well over the $5 million - $6 million range. In our opinion, sales of this magnitude will produce net income in the $500,000 - $600,000 range. This would result in earnings per share of approximately $0.15, based upon the 3.5 million common shares currently outstanding, as the earnings are already approaching 3 cents per share for the first two months of 1999! Liteglow is a manufacturer, designer, and importer of products for the automotive and electronics specialty markets. The U.S. Automotive and electronic after markets are expected to exceed $300 billion in combined revenues this year. Requests for an investor information package should be made by calling Liteglow Industries Inc. at 800/801-GLOW (4569), or e-mail at spencer@liteglow.com. Fax number is 954/971-5117. Don't forget to visit our website at: www.liteglow.com -------------------------------------------------------------------------------- Contact: Liteglow Industries Inc., Pompano Beach Spencer Krumholz, 800/801-GLOW (4569)

To: Mr. Jens Tingleff who wrote (4162)	3/5/1999 11:39:00 AM
From: jebj	Read Replies (3) \| Respond to of 4715

>It was blocks sold - Philip may remember the size of the blocks - as I remember it was >100K shares blocks. - Jens Jens, just went back and looked - Yeaterday, the single largest cross was 20,000 shares at 3:35 at 0.46. Today, the largest has been 50,000 shares at 10:00:19, also at 0.46. On average, most of the trades have been well less than 5,000 shares. From what I have seen, there are and have not been any "big players" moving shares of this stock - I would think only those willing to gamble, and not invest, would touch this thing. As for some comments ref "reporting" someone made - it is comming. By the new NASQUE rules put into place at the end of the year, companies have at the most 1 year to be in a reporting mode to remain listed on the BB. It is done on a rolling basis - some will be required to start after only 6 months and all be in compliance at the end of 1 year. So, one way or the other, this LTGL dance will be ending over the next few months. Would be interesting to find out when they are required to do so. What would be real interesting is if they should not do so - where would one then be able to sell the shares one holds as there would be NO such market to do so? Ref MM's - did you notice the 0.06 cent spread this morning? :) There are 0.20 cent stocks with only a one cent spread! Takes a nice move just to cover! jb