[LETTERHEAD OF KANTOR, DAVIDOFF, WOLFE, MANDELKER & KASS, P.C.]
March 24, 2000
Mr. Joseph T. Scialo
Yohalem Gillman & Company LLP
477 Madison Avenue
New York, NY 10022
Re: Tridan Corp. - Stock Redemption
Dear Joe:
Implementing the stock repurchase of Lionel Larsonneur's ESOT shares, I
enclose stock power, new stock certificates, updated shareholder list as of
January 31, 2000 and SEC Form N-23C-1.
The stock certificates and stock power should be signed by Peter Goodman
and returned to me. The N-23C-1 should be filed electronically with the SEC as
in the past, and a confirmation sent to me when you receive it.
Sincerely,
/s/ I. Robert Harris
I. Robert Harris
IRH:mam
Enclosures
cc w/encls. (shareholders list): Peter Goodman
Leslie Sufrin
<PAGE>
(Do not use this space)
- ---------------------------- : FORM N-23C-1
:
: SECURITIES AND EXCHANGE COMMISSION
:
: Washington, D.C. 20549
:
:
:
- ---------------------------- :
STATEMENT BY REGISTERED CLOSED-END INVESTMENT COMPANY WITH RESPECT TO PURCHASES
OF ITS SECURITIES PURSUANT TO RULE 23c-1 UNDER THE INVESTMENT
COMPANY ACT OF 1940 DURING THE LAST CALENDAR MONTH
(See rules and instructions on back of this form. If acknowledgement
is desired, file this form with the Commission in
triplicate, plus a self-addressed, stamped envelope.)
REPORT FOR CALENDAR MONTH ENDING January 31, 2000
------------------------
TRIDAN CORP.
- --------------------------------------------------------------------------------
(Name of registered closed-end investment company)
<TABLE>
<CAPTION>
====================================================================================================
Date of Number Approximate Asset
each Identification of Price Value or Approximate Name of Seller
Trans- of Shares per Asset Coverage or of
action Security Purchased Share per Share at Seller's Broker
Time of Purchase
- ----------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1/31/00 Common Stock 796.6485 $11.77 $11.77 Robert H. Glasser
$.02 par
====================================================================================================
</TABLE>
REMARKS:
TRIDAN CORP.
-------------------------------
Name of Registrant
Date of Statement March 20, 2000 By: /s/ I. Robert Harris
-------------------- --------------------------------
(Name)
I. Robert Harris, Secretary
--------------------------------
(Title)
