Littlefield Corporation (LTFD) Message Board

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Non-Tech : Littlefield Corporation (LTFD)

LTFD 0.170

0.0%

Sep 29 11:29 AM EST

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To: bingoman who wrote (10335)	7/11/2006 3:38:06 PM
From: onsna 1	Read Replies (1) of 10368

Refer back to post 10316 which is the press release about 1st quarter earnings. The earnings per share were reported to be $ .065 which is excellent. A few days later Jeff had to issue another press release to restate the earnings to $.02 per share. It appears the CFO forgot to charge off options issued against the 1st quarter earnings. The charge was a book keeping entry which did not affect cash flow. I'm sure Jeff was upset by the screw up and how much egg he had on his face. I think the company will earn more than 20 cents per share for 2006.

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