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-., <br />,...... <br />Mr. Fred Banta <br />January 25, 1988 <br />Page 2 <br />We are requesting that you give us until June 15, 1988 to demonstrate <br />that Peerless Resources, Inc, is an economical and viable operation <br />before issuing a show cause order. <br />If there is anything that you need from us to help you to grant our <br />request, please call or write as we stand ready to do anything that <br />is presently within our power to do. <br />Thank you for your consideration in this matter. <br />Sincerely, \ <br />,J , <br />~, _ , <br />~~ ~~.~`~ <br />L, Dale rsen <br />LDL:jbl <br />cc Mr. John Franks, <br />Attorney <br />