Airstar Technologies, Inc. (ASTG) Message Board

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Microcap & Penny Stocks : Airstar Technologies, Inc. (ASTG)

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To: Wes who wrote (1405)	1/26/1998 3:36:00 PM
From: Financial Internet Group	Read Replies (2) of 3967

*Response from Joe Lanza* Wes, Andy is not ticked off. He is the guy who did the Reg S--gave the Company the last $500,000. He needs cash for other deals. As you can see, he is an "insider" due to the number of shares he owns and can only sell 160,000 shares or less per quarter (under Rule 144). I have been urging Xecom to buy back his position. Let's see if they take my suggestion. I went and had Indian Wells Investment Co sign a note for 435,000 for 650,000 Class B preferred shares so that those shares would not come at the market. That's all I can do for now. My family and I have bought about 400,000 shares from the market since Dec. 1st. I borrowed a ton to do it, so let's see what Xecom's next move is. Joe L. P.S. The last news release by Xecom was Nov. 14th. I should hope there'll be some new press releases soon.

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