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Microcap & Penny Stocks : Airstar Technologies, Inc. (ASTG)
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To: Summer Wind who wrote (2370)5/28/1998 1:07:00 PM
From: Dan L.  Read Replies (1) of 3967
 
Jack,

I agree with your statement 100 percent. You can't take advantage
of shareholders who invest their money into a company. Not only
that Jack, shareholders should have the right to voice their
opinion on how a company is managed. If you have a Board of
Director's who basically are looking out for themselves only, where
does that leave the shareholders? My viewpoint is, it leaves them
where Airstar currently is. If you don't have strong management,
your not going to have expansion or a good direction. If you don't
have strong management with good fiscal control, your going to have
a company where the checkbook is anyones game.

The other problem is the information that is passed down from
management. In today's market, your IR firms are given information
that is passed to them by management. These IR firms have no idea
if what they are passing to shareholders is correct or incorrect.
They are at the mercy of the Board of Directors. So where do you
draw the line? You say your in several stocks. Do you know
how many OTC and Pink Sheet stocks are trading. That is another
problem. There are companies that are trading that have no business
being public. Overall, shareholders just have to be careful. And
your correct that shareholders have to stand up and say enough is enough! Its like with Airstar, you need to stand up to management
and say, NO MORE! The internet is a catch 22. On one hand, its a great link for shareholders to converse with other shareholders. You have communication and have the ability to find out information on
what companies are doing. That is a whole different subject though.

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