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

To: Jim Johnson who wrote (4247)	3/19/1999 2:19:00 AM
From: Eric G. Erpenbeck	Read Replies (1) \| Respond to of 4715

Jim J, I could care less to talk to LTGL.. I called them so many times and communicated with Spencer for two years. While he was telling me how great LTGL was, just in time for his reverse split. OH yes did I mention the outstanding float went from 14M when I started to 200M... Oh yea did I mention that the authorized and the shares were issued without a shareholders vote (NEVADA CORP HOW NICE). I don't care what you guys want to think or want to believe about LTGL. You are entitled in this great country to your opinion. It is GREAT!!!! I want to share my opinion. What LTGL did to shareholders was worse than a person can fathom. What was done to shareholders was completely misleading. This is of course my opinion but let me share with you what it is based on: "When a company tells you by press release audited earnings reported to the SEC are around the corner (January 1998) an now it is March 18, 1999 and still no numbers. What does this tell you? Then they tell you earnings are fantastic all year long and by the end of the year they claim acquistiions were made and the numbers really weren't that good and all of sudden they go from making great profits to loosing money (due to aquistions, yeah right??). then they tell you we are not issuing any shares and so the dilgent investor checks with the transfer agent and they were adding shares faster than a hummingbirds wings flap and then they write in a new release "no more dilution is needed" while they continue to dilute the stock to the point of making investors puke. DO NOT TELL ME THIS IS NOT MISLEADING BECAUSE IT IS. I realize they weasle worded the release but it is still intentionally misleading. Furthermore 200M shares times an average share price of say 2 cents last year equal 4 million dollars. WHERE DID THAT GO??? Based on these experiences I only hope to protect any one from trusting an ounce of what they tell you. MAKE THEM PROVE IT TO YOU THAT IS MY ADVICE!!!!! They have an accountant. I CHALLENGE YOU AGAIN MAKE THEM GIVE YOU AN AUDITED FINANCIAL STATEMET SIGNED BY A CPA... Make them give you proof in black and white not just phone conversation but independently audited information. Now I bring this to light because this is how it happened. Do some research 1-2 years back and you will see this happened as I say. WHY SHOULD ANY INVESTOR BELIEVE ANYTHING HAS CHANGED? WHY SHOULD ANY INVESTOR BELIEVE ANY OF THERE RELEASES OR STATEMENTS. Since I don't follow LTGL anymore, I have no idea where the share status is but I can tell you this if you are invested you sure better know and you better watch it every month or maybe every week with as fast as they can print. Don't count on the company only the TA. I say this to JIM because it is for your own good. YOU GIVE ME A FACTUAL REASON WHY ANY SHAREHOLDER SHOULD BELIEVE THE LTGL STORY. FACTS THAT CAN BE VERIFIED!!!