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

To: Jon Scott who wrote (4168)	3/5/1999 11:22:00 AM
From: Eric G. Erpenbeck	Respond to of 4715

Jon, Same and or similar releases last year.. Then all of sudden they might add a ton more shares, while they tell their TA not to provide share status publically.... The results are not reported to the SEC and hence mean absolutely nothing. BE WARNED! ASK LTGL when they will be reporting to the SEC with fully audited financial results, that will be available for the public scrutiny!!!! When that is available all will be known and investors won't have to blindly believe the hogwash releases that we have seen for years. Just my opinions based on Watching LTGL for 3 years. The split was not a 60:1 it was a reverse 1 new share for each 60 you previously held. I believe that is indicated by the ratio 1:60. At 50 cents the current stock price really is .008 cents pre split. Hence all those shares many of us bought back last year at .03 to .12 cents remain worthless. Of course we bought those back when the public news releases from LTGL said "Oustanding Sales Figures", "NO Reverse Splits", and of course the famous line "No need for Further Dilution" as they added something like a 100M more shares. Anyway if you believe anything from them, you are asking for trouble and you are gambling every cent you invest to become worthless again. There is not one shred of evidence that LTGL gives a darn about shareholder and/or that their releases can be fully accepted. Each release has a disclaimer do they not. Back early last year LTGL didn't even have the disclaimer on their releases, I guess they figured they better started protected themselves from some of that hogwash. If you are crazy enought to buy this stock, you need to do two things: (1) Demand receipt of Full Audited Financial reports? (2) Ask when they will become reporting to the SEC? (3) Find out the share count from someone other than LTGL. The TA!! Good luck.