Joe:
Here are some more questions about a situation that confuses me. Your son Mario Lanza is the President of Top Net, Inc.; it seems he became president when he was around 20 years old and in school.
Top Net, Inc. has 3.2 Million shares of Airstar/Xecom, or it did. Where did that 3.2 Million shares come from? Did Top Net/ Mario buy them on the open market or receive them directly from Airstar/Xecom? If so, where did the money come from? How much did they cost? Did Top Net/Mario receive the shares in a lump or were they incrementally received over a period of time?
Did Airstar/Xecom give the shares to Top Net/Mario for services [including any products] rendered? If so, what were the services? To whom were the services given? Who determined the value or price of the services? Were the services performed? When? Did you assist Top Net/Mario in any negotiations with Airstar/Xecom? If so, in what way did you assist or lend a helping hand?
Did you or IWIC or FIG or any company or entity give Top Net/Mario the shares as a gift or by purchase? If so, when and why? If it was by purchase, what was the consideration? Have you or IWIC or FIG or any company or entity ever made any gift or sale of Airstar/Xecom shares to Mario, individually? If so, when and why?
Has Top Net/Mario ever filed an SEC form 13D registering as a 5% owner of Airstar/Xecom? Does Top Net/Mario still have the shares? All of them? If there are no longer 3.2 Million shares, what happened to the rest? If there are no longer 3.2 Million shares were the transactions concerning their disposition ever reported to the SEC? If so, when?
You will probably have to answer these questions to someone soon, if you have not already, so why not be a good guy and let the shareholders know? It's nagging questions like this that have always placed you in the light of a "slippery" guy and you ought to dispel them now and show everyone you are a straight up guy.
Wes.
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