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

To: SE who wrote (6592)	1/22/1998 2:32:00 AM
From: Harold Finstad	Read Replies (1) \| Respond to of 10368

Organizing as such is a Dangerous plan. You could end up with at least two major problems if you are successful. An SEC violation of illegal proxy solicitation and/or if more than 5% voting shares "join the group" you could have a 13d problem if you don't file for the group. I havn't priced it recently, but if you want to do an ex-company legal proxy solicitation it would probably cost upwards of $200,000 for legal and notification costs. Wish I could offer a legal, better and cheaper way, but the rules are made to protect management against hostile interference of business.