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

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To: Thomas Jon Swift who wrote (2275)5/23/1998 2:14:00 PM
From: milton schmidtz  Read Replies (2) of 3967
 
Mr. Thomas Jon Swift,

Thank-you for your complement. It is my understanding that Financial
Internet Group was hired as the Investor Relations firm to handle
all Investor correspondence in addition to Public Relations for
the company. I sincerely do not believe that Mr. Lanza is selling
stock in the market which is keeping these prices at this level.
You have to remember that a gentleman by the name of Andrew Proctor
was selling is large block of shares. My broker told me when an
individual puts up a large block of shares for sale and continues
to hit the bid price of the stock, the price will stay at the low
level. This is what I believe we are seeing in respect to Airstar
Tech. This Mr. Proctor does not have any reason to want to see
this company do well. His main objective at this time is to unload
his stock and get whatever money he can. He has no alliance to this
company like we have. If he did, he would not be doing what he is
doing and we would be seeing a higher stock price. Mr. Proctor is
doing damage to the market but Mr. Swift, keep in this thought in the
back of your mind: soon he will not have a position to sell and he
will go away. I would think that day is very soon. So, we must be
patient and we have time on our side. Are positions are secure.
Mr. Proctor's position is getting smaller each day. Your question
about Mr. Lanza's son Mario selling his position. I would have to
disagree. What would Mr. Lanza or his son's motive be for selling
their position? Especially, at this level? Mr. Lanza is aware of
Mr. Proctor's position being unloaded into the market. For him to
sell, would not be a wise move. With Mr. Lanza's knowledge in this
area, it would go against better judgement to make such a move. If
he were to sell, I would think it would be at a later time when the
stock price was at a more attractive level. A large position being
sold at these levels would not earn very much. Besides, I honestly
feel Mr. Lanza has a great loyalty to this company. When an individual has put so much time and hardwork towards something such
as Airstar Tech., his own self pride and ego are going to come in
to play. Mr. Lanza wants this company to succeed. I truly believe
that. He has phoned me late at night, when I would think most have
gone home, to update me and let me know what has transpired with the
company. I admire that. It would be easy to phone me days later.
But when I leave a message for him to return my call, he always does.
He is a very optimistic man, sometimes maybe a little more optimistic
than he should be, but I admire that quality. He is a believer and
in today's society that is a quality that maybe more of us should
have. Until I see factual documentation that he has done the
shareholders harm, I will give him the benefit at this current
time. You should do the same in my opinion.

Your comments about Mr. Vigliarolo are worth mentioning. Have you
ever thought that Mr. Vigliarolo is being cautious because of the
slanderous critical comments that are posted on this bulletin board
towards the company and Mr. Lanza? Mr. Vigliarolo may feel that
he shouldn't comment in order to protect the company and the
liability that would be associated with any comments that are taken
out of context. If I were in Mr. Vigliarolo's position, I would
elect not to speak and maybe speak only through press releases and
a shareholders meeting. What protection does he have on this board?
Very little. Therefore, we must put ourselves in his position and
understand that silence maybe wise at this point especially on this
chat room atmosphere. It would be wise for Mr. Vigliarolo to call
a shareholders meeting where shareholders could ask questions directly
and Mr. Vigliarolo could answer them in a civilized atmosphere. You
have to admire Mr. Lanza for speaking to us in an arena where
such nonsense surrounds occurs.. He probably can handle the stress more so than Mr. Vigliarolo. But then, age has a way of doing that.

Sincerely,

Dr. Milton Schmidtz
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