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


To: FeringiTrd who wrote (8366)5/1/1998 2:36:00 PM
From: Market Tracker  Read Replies (1) | Respond to of 10368
 
Dave, - I agree with your hypothesis, and am pretty certain an options package of some kind lies at the bottom of this mysteriously missing CEO PR release. BTW I never heard the company mention that they were buying out Mr. Wilson's employment agreement which runs through 2002.

This from the notice of annual stockholder's meeting -

<< "Mr. Wilson's employment agreement terminates on September 30, 2002 and provides for a minimum $225,000 annual base salary and a cash bonus based upon the Company's results of operations.">>

Our little "candy store" appears to have a pretty high overhead IMO.

Gary