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

To: Philip Bosco who wrote (4274)	3/25/1999 8:12:00 AM
From: James Simonick	Read Replies (2) \| Respond to of 4715

Gentlemen (and ladies), Regarding 60:1 reverse split questions, had previously mentioned I had company fax that was discarded. Found it today in a pile, and thought I'd post it for your potential benefit and to set the record straight. The following is hand typed from that fax, literally. LITEGLOW INDUSTRIES, INC. December 14, 1998 Dear Shareholder, At a meeting of the Board of Directors of Liteglow Industries, Inc., held on December 14, 1998, the board voted to amend your Company's Articles of Incorporation to provide that the authorized shares of common stock be reduced from 200,000,000 to 10,000,000 and that the outstanding common shares be "reverse split" so that each sixty (60) shares of common stock now outstanding be reclassified as one share of common stock. Further, the Board voted to authorize 1,000,000 additional shares as preferred shares, the rights and preferences of which should be established by the Board of Directors. These amendments were approved by a majority of common shares and will be effective when filed in Utah.The reclassification will be automatic and will not require you to return your existing certificates to our transfer agent. (Signed) Spencer Krumholz, Chairman Probably old news by now, but just wanted to complete the effort of information properly. -Jim