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 (2302)	5/25/1998 11:26:00 PM
From: milton schmidtz	Read Replies (2) of 3967

Mr. Wes, I read your post. Could you have misinterpret what Mr. Lanza is stating? Don't consultants bring market-makers to companies in order to make a market? I know when I spoke to my broker about the low volume that has been trading lately on Airstar, he told me that the market-makers have been hesitate about trading Airstar because of the unloading of Andrew Proctor's position. They (the market-makers) have the tendency to shy away when there is a large block of stock being sold into the market. Mr. Lanza has also told me numerous times that he has bought stock when someone has been unloading their position in order to stabilize the market. I myself have sold some of my position at different times as I have wanted to get my cost back and leave my remaining profit's in the market. There has been times when I sold to pay my taxes or purchase a new automobile for my wife. I'm sure many of us have been in those positions before. It also is obvious that Mr. Lanza is going to get chastised no matter what he does. Why is that? I'm baffled at the approach your taking Mr. Wes. Until you have all the facts, it doesn't benefit anyone to second guess. In respect to a filing of the 10-K, why couldn't Airstar Technologies go forward and file their 10-K and publish a footnote concerning Joe Lanza with the disclosure that Airstar Tech is waiting on the legal opinion from Joe Lanza's counsel. I have read many 10-K's that make a disclosure regarding certain situations that are much of the same, if this were the same kind of case involving Joe Lanza. So, we are still back to the question on what is the real reason the 10-K and Q are not filed? It is my gut feeling that the reason is much more serious than a Joe Lanza situation. I think it is important that facts are only stated on this bulletin board. Making statements with no back-up only can result in innuendo's that lack factual documentation. I understand that we shareholders have lots of questions with no answers and emotions are running high currently. But until we hear from management, we all are going to be playing this guessing game. And that's what it is a GUESSING GAME. I have to wonder though about this rumor of a company that was brought to the table and then turned down. Were you aware of anything like that? If this is true and the company would have benefited from this, why would it be rejected? Would this have anything to do with the fact that Dennis Casey wanted to buy the company? Would Joe Vigliarolo benefit more if Dennis Casey purchased the company versus another company coming in with their own management? What is your take on this? If this company that was interested in acquiring Xecom felt it had great potential then perhaps Dennis Casey would have not wanted it to become a reality if he wanted the company for himself? Another question I have for you Mr. Wes is, if Dennis Casey were to purchase the company, do you know what Director's would stay with the company. Do you think Mr. Casey would bring his own people in to replace current members? Dr. Milton Schmidtz

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