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

To: jimmy who wrote (6489)	1/19/1998 4:44:00 PM
From: jimmy	Read Replies (1) \| Respond to of 10368

more on Wilson. This voting agreement from the 12/19 8K filing (Darlington acquisition) is very revealing. Voting Agreement Pursuant to the Acquisition, the Harrisons, Mims and Gregory Wilson, the Registrant's Chief Executive Officer and President ("Wilson"), will enter into a voting agreement ("Agreement") providing for (i) the expansion of the Board of Directors to seven directors, four of which will be nominated by Wilson, one to be nominated by Mims, one to nominated by the Harrisons and one to be jointly nominated by the Harrisons and Mims. The Agreement will terminate upon the following occurrences: (i) for Wilson, when he no longer owns at least 126,000 shares of voting stock of the Registrant (Wilson currently owns approximately 1,260,000 shares); (ii) for Mims, when he no longer owns at least 82,768 shares(Mims currently owns approximately 727,680 shares; and (iii) for the each Harrison, when that Harrison no longer owns 33,333 shares (each Harrison currently owns approximately 333,333 shares). So Wilson holds about 1.26M shares, but Mims and the Harrisons combined hold slightly more (1.39M). And 4 of 7 board members were hand-picked by Wilson. Apparently Wilson lost the support of at least one of "his people". Who are the current Board members? Logue, Harrison, Mims, Bussey (Wilsons brother-in-law),... who else?