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


To: Jim Johnson who wrote (4218)3/13/1999 8:42:00 PM
From: Philip Bosco  Respond to of 4715
 
This company could turn around and show a great upside movement in the stock price. Much will depend on no more share dilution. The company has many things in place now which should show continuing sales revenue. The Winnebago OEM agreement is one of these things. Winnebago made a special modification where LTGL lights can be inserted on their vehicles. This OEM agreement should aid in the continued growth in sales revenues. I believe there is a manufacturer of Buses in Canada that is also looking at LTGL in a possible OEM agreement but much, much, much too early yet to consider anything as a done deal. The good news is that there does seem to be a lot of irons in the fire. If there is no share dilution and there are great earnings then the stock price should make a good move to the upside. It would be fantastic if the company could work an OEM deal with a major automobile manufacturer. If that were to happen, then I would be singing the praises of management and I could forget about the share dilution of last year. The company does seem to be making moves this year into a PR campaign to make the company visible. This certainly cannot hurt matters. The OEM agreement the company got this year means more to me than all the press releases we read last year. I just hope LTGL management will do the right things this year and not dilute the shares. If the company is profitable and has cash then the share dilution should not be necessary. For all of us that have money in this company, let us hope they are going to do the right things. OEM agreements, new retailers coming on board,increasing Revenues and no share dilution, everything else should just fall into place after that. Good luck to all.