SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : AirStar Technologies Inc., (ASTG a.k.a XCMM a.k.a XECM)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wes who wrote (14)5/1/1998 2:24:00 AM
From: Thomas Jon Swift  Read Replies (1) of 26
 
Wes,

We'll see about increase in cash flow in due time. By this time next year, I would guess that ASTG will either be a flop with shares trading at .02/.03 or not trading at all OR it will have proven itself to be a profitable company. So all we can do is wait for financial reports which are invariably late.

An infusion of capital would of course be very good news and might afford ASTG the means by which buy out Proctor's position. For weeks now Joe Lanza and Dal have been strongly hinting that a deal for additional capital is imminent. If I understand correctly, management is about ready to sell a percentage of the company to an entity that can bring a lot to the table for ASTG. What have you heard?

Lastly, could you explain what you know about the Hartman/King Lawsuit, since I am pretty much in the dark about this. Thanks in advance. TJS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext