On August 15, 2012, Boston Avenue Capital, L.L.C. sent a letter to the Board of Littlefield Corp. advising the Board that it has the immediate responsibility to (i) stop all transactions not in the ordinary course of business, (ii) drastically reduce general and administrative expenses, and (iii) manage daily operations diligently. Further, Boston Avenue viewed that it has the full support of the absolute majority of the Company's shareholders and it does not intend to permit the Board of Directors to fail to act in a reasonable, disinterested and deliberate way to fulfill their duties to the shareholders.