Attention all ASTG shareholders
I have received several emails and messages as well as a few posts asking questions on this thread.For the purposes of fairness, I will respond only on this thread so any and all questions get full disclosure answers.
For the record.
I never new nor met Joe Lanza, his son, wife or anyone else associated with him prior to my introduction to him by a business broker named Brad Evans from Chicago, with whom I had previous business relationships.
I also never knew Joe Vigliarolo, Dal, Cliff or in fact anyone from Airstar or Select Switch. I also hereby state that I have nor have I ever had any business relationships with anyone at any time ever from the Airstar group.
As far as answering whether we are interested in helping salvage this business, the answer has to be a commercial decision, not an emotional decision. The key questions are as follows:
Does the company have a serious business?
Can the company add sufficient soldiers to its roll of paying accounts
to gernerate sufficient income to pay the operational costs and still be able to pay off the huge debts and still have a return to investors?
Can the company diversify other telecommunications services and products to the existing customer base to enhance its profits?
Can the company be run by a serious, strong dedicated proffessional board of directors with a broad spectrum of telecom, finance, sales and corporate management?
Can a new board of management pull together the employees and other people neccessary to bring back confidence and make the business prosper?
The answsers in my opinion is YES. How do we get around to doing it is another question. For the purposes of further disclosure, I will inform you all that I was contacted yesterday by the other investment group and they asked me to get together with them to try to salvage the whole deal. I promised to get together with them shortly, and we will attempt to try to work something out.
The efforts to try to salvage the company needs to be done in a public spirit of joint co-operation, not antagonistic postings between the shareholders, which are not conducive to helping the company's public image.
sincerely
Michael Zwebner |
