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

To: jimmy who wrote (8610)	5/21/1998 5:10:00 PM
From: T.K. Allen	Read Replies (1) \| Respond to of 10368

Jimmy: I agree with everything you said. I hope you don't think I believe JessiDani does not have the right to state his opinions - because he most certainly does. I have reaffirmed this repeatedly. He, and you, and I, and everybody else, have the right (actually an obligation - to themselves at least) to question the motives of everyone posting on these threads whether the posts are unsolicited or not. We also have the right and obligation to question what the company is doing. I think you will agree I have been in the forefront of such questioning of AB&G. Exactly what the circumstances were that lead to the events of last fall are anybody's guess. My opinion (and it is ONLY that - an opinion) is that last year's events are history and that AB&G is a different company now and one that deserves a second look. It is up to each individual's judgement whether or not AB&G deserves their investment or even their momentary attention. My thinking in sending these Private Messages is that there are probably some folks out there who were, at some point, interested enough in this company to post on this thread but gave up on and/or forgot about AB&G for one reason or another. I figured at least some of these folks would be interested to know what has happened recently. The responses I have received confirm that this is the case. Of course, the responses have covered the spectrum of opinion about AB&G - everything from JessiDani's opinion that this company is nothing but a pump & dump scheme to others who have been long-term holders (some still with a profit!) to "I'm not interested now but maybe later" to "I want nothing further to do with this company because they screwed me so bad" to "Sounds interesting, I'll take a look". I estimate about half the responses expressed appreciation for my note. I hope everyone understands that I have no interest in badgering or pestering anyone about AB&G. These messages were a one-time only thing that, under the circumstances, seemed appropriate to me. I don't think there is any harm done to anyone. Those that have washed their hands of AB&G forever probably looked at the first line of my message, "RE: American Bingo & Gaming (BNGO)", and deleted the message without reading any further. That's OK with me because that is part of the reason I put that line in there in the first place. TKA

To: jimmy who wrote (8610)	5/21/1998 9:20:00 PM
From: JessiDani	Read Replies (2) \| Respond to of 10368

Jimmy: You hit the nail on the head. Credibility is the name of the game. Why give your money to people that mistate the true state of affairs. And don't forget, Bingo is a cash business. Who is counting the cash. Any skimming going on. There are so many good stocks to invest in. If I buy a stock and then experience a loss, I say to myself, "Should I continue to hold this stock. What percent does it have to rise for me just to break even? Would I buy the stock now with the expectation that it will rise xxx% ?" If the the answers are no, then I sell and look for some decent prospect. This is a small cap stock that will never be listed. There will be no institutional support. The losses that some have experienced will never be recouped on this stock. It would be better to investigate whether management engaged in fraudulant behavior last year regarding the stock price, warrents, so called imminent nasdaq listing, etc. I'm sorry to be blunt. I warned people on this thread last year that this one smelled like a rat. I'm sorry that some of you got hurt. Good luck, JD

To: jimmy who wrote (8610)	5/22/1998 3:00:00 AM
From: FeringiTrd	Read Replies (3) \| Respond to of 10368

I received my 1997 Annual Report today; Of particular interest was page F-24; NOTE 14-ACCOUNTING FOR STOCK BASED COMPENSATION While diluted earnings per share as reported are $ 0.21 for 1997 -vs $ 0.15 for 1996, when the dilution effects of stock option granted are taken into account (Pro forma) they are $ 0.13 for 1997 -vs- $ 0.13 for 1996. It seems that all of the gain for the year (as opposed to 1996) went to management, employees, and PR firms ( I may have left a few cronies out). Perhaps that explains why the stock is selling at approximately the same price it was a year ago? We are faced with a continuation of the same for 1998, with management ( notice the number of names on the board of directors, that are in management positions) granting hefty increases in compensation packages too themselves, at the expense of the stockholders. Although I believe in "incentive plans", my idea of an incentive isn't that you use my money to increase your wealth, while I get nothing in return. As Mr. Hilliou hasn't been a board member long enough to have voted for the package, and has expressed his displeasure at the insane compensation packages, I won't hold him accountable (at present) for this breach of fiduciary duty to the shareholder (is more politically correct than rape). I will however cast my meager votes to "WITHHOLD AUTHORITY TO VOTE FOR ANY INDIVIDUAL NOMINEE. WRITE NUMBER(S) OF NOMINEE(S) BELOW. 1,3,4,5,6. I urge all members of this thread to do likewise. I understand that there will not be enough votes to overturn the board selection, but; I want to give Mr. Hilliou all of the ammunition in my belt to return shareholder value to the shareholder where it belongs when dealing with the board of directors regarding this issue. If all of the profits from my investment go to maintaining management in a lifestyle that they could quickly become accustomed too, I sure can't recommend it to anyone, and see no reason to maintain my position, unless this issue is resolved in a manner that is in the best interest of the common shareholder. Mr. Hilliou made a point that the shareholder is the one that "He" is responsible too. I will give him what support I can to effect change, and see what he does with it before flushing BNGO; but I am a man of limited patience. Dave.