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

To: SLOJET who wrote (4344)	5/10/1999 11:11:00 AM
From: alan holman	Read Replies (1) \| Respond to of 4715

Monday May 10, 10:32 am Eastern Time Company Press Release Liteglow Industries Inc. Record Sales and Profits POMPANO BEACH, Fla.--(BUSINESS WIRE)--May 10, 1999--Lou Wiener, COO of Liteglow Industries Inc. (BB:LTGL) announced record sales and profits for the month of April 1999, which represented a 111% increase in sales year to date and a continuation of our planned month to month profitability in 1999. For the fourth months ended April 30, 1999 Liteglow had the following increases: April '99 Sales April '98 Sales April '99 Profit April '98 (Loss) $452,457 $285,480 $ 47,643 $(53,191) (+ 58%) For the four months ended April 30, 1999, the cumulative numbers are as follows: 1999 Sales y.t.d. 1998 Sales y.d.t. 1999 Net y.t.d. 1998 Loss y.t.d. $1,846,837 $ 874,137 $ 194,981 $ (206,212) (increase 111%) Wiener stated: ''We are extremely pleased with the tremendous increases in Liteglow's sales and profits over the comparable period last year. Based upon our approximately 3.5 million shares issued and outstanding, this represents a net earnings per share of .055 cents.'' Wiener also stated that Liteglow is completing its audit and will be a reporting company in the very near future. Liteglow is a manufacturer, designer, and importer of products for the automotive and electronics specialty markets. The U.S. automotive and electronic after markets are expected to exceed $300 billion in combined revenues this year. Requests for an investor information package should be made by calling Liteglow Industries Inc. at 800/801-GLOW (4569), or e-mail at spencer@liteglow.com. Fax number is 954/971-5117. Don't forget to visit our website at: www.liteglow.com Contact: Liteglow Industries Inc., Pompano Beach Spencer Krumholz, C.E.O., 800/801-GLOW