    <SEC-DOCUMENT>0001193125-19-122655-index.html : 20190426
    <SEC-HEADER>0001193125-19-122655.hdr.sgml : 20190426
    <ACCEPTANCE-DATETIME>20190426171407
    ACCESSION NUMBER:		0001193125-19-122655
    CONFORMED SUBMISSION TYPE:	DFAN14A
    PUBLIC DOCUMENT COUNT:		12
    FILED AS OF DATE:		20190426
    DATE AS OF CHANGE:		20190426
    EFFECTIVENESS DATE:		20190426

    SUBJECT COMPANY:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			RAND CAPITAL CORP
    		CENTRAL INDEX KEY:			0000081955
    		IRS NUMBER:				160961359
    		STATE OF INCORPORATION:			NY
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		DFAN14A
    		SEC ACT:		1934 Act
    		SEC FILE NUMBER:	814-00235
    		FILM NUMBER:		19772809

    	BUSINESS ADDRESS:
    		STREET 1:		2200 RAND BUILDING
    		CITY:			BUFFALO
    		STATE:			NY
    		ZIP:			14203
    		BUSINESS PHONE:		7168530802

    	MAIL ADDRESS:
    		STREET 1:		2200 RAND BUILDING
    		CITY:			BUFFALO
    		STATE:			NY
    		ZIP:			14203

    FILED BY:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			User-Friendly Phone Book, LLC
    		CENTRAL INDEX KEY:			0001743282
    		IRS NUMBER:				200308784
    		STATE OF INCORPORATION:			DE
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		DFAN14A

    	BUSINESS ADDRESS:
    		STREET 1:		10200 GROGANS MILL RD., SUITE 440
    		CITY:			THE WOODLANDS
    		STATE:			TX
    		ZIP:			77380
    		BUSINESS PHONE:		281-465-5403

    	MAIL ADDRESS:
    		STREET 1:		10200 GROGANS MILL RD., SUITE 440
    		CITY:			THE WOODLANDS
    		STATE:			TX
    		ZIP:			77380
    </SEC-HEADER>
    <DOCUMENT>
    <TYPE>DFAN14A
    <SEQUENCE>1
    <FILENAME>d739698ddfan14a.htm
    <DESCRIPTION>DFAN14A
    <TEXT>
    Document 1 - file: d739698ddfan14a.htm

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    <TYPE>GRAPHIC
    <SEQUENCE>2
    <FILENAME>g739698txs10g1.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 2 - file: g739698txs10g1.jpg

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    <DOCUMENT>
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    <SEQUENCE>3
    <FILENAME>g739698txs11g1.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 3 - file: g739698txs11g1.jpg

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    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>4
    <FILENAME>g739698txs12g1.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 4 - file: g739698txs12g1.jpg

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    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>5
    <FILENAME>g739698txs2g1.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 5 - file: g739698txs2g1.jpg

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    <SEQUENCE>6
    <FILENAME>g739698txs3g1.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 6 - file: g739698txs3g1.jpg

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    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>7
    <FILENAME>g739698txs4g1.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 7 - file: g739698txs4g1.jpg

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    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>8
    <FILENAME>g739698txs5g1.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 8 - file: g739698txs5g1.jpg

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    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>9
    <FILENAME>g739698txs6g1.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 9 - file: g739698txs6g1.jpg

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    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>10
    <FILENAME>g739698txs7g1.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 10 - file: g739698txs7g1.jpg

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    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>11
    <FILENAME>g739698txs8g1.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 11 - file: g739698txs8g1.jpg

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    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>12
    <FILENAME>g739698txs9g1.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 12 - file: g739698txs9g1.jpg

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