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

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To: Thomas Jon Swift who wrote (1572)3/24/1998 10:15:00 AM
From: Financial Internet Group  Read Replies (1) of 3967
 
Thomas Jon Swift

Xecom is not running out of soldiers, rather the problem is getting the single soldier educated as to using his phone and getting a handle on the billing and collections currently administered by Sprint. This is very important because, as I think you're aware, Xecom is currently working on 11 bases newly-added to the contract. These bases have a single soldier population of about 23,000.

As the latest press release states, Xecom has just increased its debt by $10 million and management now feels there is enough cash in hand to finish these new bases. However, the Company needs to raise more equity and management is looking at several ways to achieve this.

You have good, valid questions and I hope I've addressed them.

Dal Grauer
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