To Airstar Technologies Shareholders:
I spoke with a representative from the U.S. Bankruptcy Court today
who is located in Riverside, California. He informed me that the
current Board of Director's of Airstar have submitted a motion before
the U.S. Bankruptcy Court requesting that they continue to be
compensated on a monthly basis. From what I was told, Joe Vigliarolo
has requested that his base salary be increased from $18,000 to
$20,000 plus personal expenditures of automobile, automobile insurance and health insurance. In addition to Joe Vigliarolo's
request, Director Cliff Casey has asked to receive $20,000 per month
plus expenses. And lastly, we can't forget Director Dal. His request
was only $6,000 plus expenses (and daily lunch). If any shareholder
would like to submit an objection, they may do so with the United
States Bankruptcy Court in Riverside, California. If you would like
the address, telephone number or fax number, you may contact my
office and speak with Marcella Rivera. She will be happy to give you
the information. Once again, my telephone number is:
1-800-959-9122 or (760) 202-1555
Fax Number: (760) 202-1535
It is really nice to see that the Board of Director's are looking
out for the best interest of the shareholders and are moving the
company in the right direction of profitability.
Joe Lanza |
