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


To: Jim Johnson who wrote (4225)3/14/1999 12:47:00 AM
From: Ken W  Read Replies (1) | Respond to of 4715
 
Jim,

LTGL history.

Then we are in the same boat Jim.

Playing with some numbers this evening and using your 900 dollars worth of stock, the reverse was 1 for 60, correct?

If the current outstanding is in the 3.5 to 3.6 million area then the pre split outstanding was 210MM? My understanding was that the authorized was 195MM (least that is what jb said) Somehow the numbers do not jive. How could the outstanding be more than the authorized? I hope that the co. will clear this up for us. It is rather important that we know the outstanding etc.

In the last release the co. said that the outstanding diluted eps could be .15 by end of year. That would put the stock fairly valued in the 2.00 range. by the end of the year on projected sales. I would really like that.

Ken