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

To: Shawn Erskine who wrote (5988)	12/26/1997 2:06:00 AM
From: JakeSki	Read Replies (2) \| Respond to of 10368

>> Judging by the time of your post, I have to assume you just got >> back from a Christmas party and probably had a few too many >> eggnogs. Shawn, was comment this really necessary? I guess I am going to get flamed everytime I disagree with anyone on the thread. Fine - I can take it. But I am not going to sit here and listen to all this whining without putting in my $0.02. My point about warrant holders had more to do with the fact that warrants do not carry the same rights and priviliges as common stock. Have you ever heard of a warrant holder lawsuit? No. That was my point. Does a warrant entitle you to part ownership in the company? No. So what rights does a warrant give you - you tell me. Warrant holders took a risk that they would get stuck having to come up the with money to covert. If they didn't know this going into it, then I guess they learned their lesson. I got stuck with warrants that I didn't expect to have to convert so soon - I gutted it out and coverted. And it has been pretty ugly over the last few weeks, but things are looking better. Maybe I need to have all consequences of the warrant call enumerated for me again - I just don't see why it was that bad a decision. After all, how could management know that a whole bunch of warrant holders weren't in a position, or had no intention, to convert? >> knowing that this undue time pressure would in all likelihood >> cause the warrants and common stock to tank is inexcusable. It would have tanked no matter when the warrant was called. >> With all due respect of course. Of course... GeorgeP