Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?

To: Texas77 who wrote (10310)	3/30/2006 4:04:23 PM
From: WR61499	Respond to of 10368

Littlefield Corporation Announces Stock Dividend Thursday March 30, 3:44 pm ET AUSTIN, Texas--(BUSINESS WIRE)--March 30, 2006--Littlefield Corporation (OTCBB:LTFD - News) announces that it will pay a twenty percent (20%) stock dividend on 10 May 2006 to shareholders of record on 5 April 2006. All fractional shares will be rounded up. The distribution of additional shares will be made through the Company's transfer agent. Jeffrey L. Minch, President and Chief Executive Officer of Littlefield Corporation, offered the following comments: "We believe that the payment of a stock dividend, at this time, will improve liquidity and trading volume as the Company's operations continue to accelerate; and, that it will create additional shareholder value as our performance becomes more predictable and certain. This action should not be construed as setting a precedent for future stock dividends nor should it be construed as a one time action."

To: Texas77 who wrote (10310)	4/11/2006 7:03:06 PM
From: WR61499	Read Replies (1) \| Respond to of 10368

Littlefield Corporation Announces Collins Case Decision Tuesday April 11, 6:47 pm ET AUSTIN, Texas--(BUSINESS WIRE)--April 11, 2006--Littlefield Corporation (OTCBB:LTFD - News) announces that the South Carolina Supreme Court has affirmed the decision of the South Carolina Court of Appeals in the case Collins Entertainment Corp v American Bingo & Gaming Corp. The South Carolina Supreme Court decided this issue on a vote 3-2 which indicates that the issues were worthy of their consideration. The Opinion, Concurring Opinion and Dissent clearly demonstrate the difficulty in making this decision. Jeffrey L. Minch, President and Chief Executive Officer of Littlefield Corporation, offered the following comments: "The South Carolina Supreme Court has decided this issue on a vote of 3-2. This matter relates to a period of time in the mid 1990s and no member of the current management of the Company was employed by the Company at that time nor was any involved in the circumstances which gave rise to this matter. The matter was totally avoidable and regrettable and I am confident would never have happened under the current management. While I have had and continue to have a fiduciary obligation to the shareholders of our Company to pursue the course of action which is most beneficial to their interests, this matter is now approaching a final resolution. Even in its current resolution, this finality will allow the Company to focus on all of the good things happening in our core businesses. We will work honorably and expeditiously to resolve this matter and I am confident it will not have a meaningful impact on our future business prospects."