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

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To: Wes who wrote (2088)5/13/1998 7:19:00 PM
From: Financial Internet Group  Read Replies (4) of 3967
 
***Response from Joe Lanza***

Wes,

The original Form 10 was incorrect when it listed IWIC as owning 53%.
Where that figure came from God only knows. That is why I hired an
attorney to go through everything IWIC and my family members had - to
get a third party legal opinion which will be included in the new Form 10.
The Series B preferred stock cannot be converted into more than 4.9% in
one position. Most of my preferred B was turned back to the company.
This should also answer Addi. When I get the actual information from
Legal, I have no problem going public with it.

Joe L.
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