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

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To: Allan G McCulloch who wrote (3955)3/16/1999 8:37:00 PM
From: Wes   of 3967
 
Al:

Clyde Pittman picked up on your posting and asked me to post the following for everyone to read.

I suggest that everyone follow his advise and call or write to him. I think you will find it very useful and instructive.

Wes
______________________________________________________

Wes:

I picked up the posting on the thread re interests of shareholders. I have been
admonished by the shareholder atty to be careful about the statements I make while
things are still in this current state of flux. However, I do feel a
responsibility to keep shareholders informed. One of my concerns is that much of
what is going on now is of a legal nature and we are having to deal with a lot of
triage. Frankly, I would rather tell shareholders what their directors "have
accomplished" than to tell them what we "will do". This sounds too much like
promoting; I believe the shareholders are probably fed up with the style of former
management that promised much but delivered nothing but more misery.

We prefer to act differently. If the shareholders will be a little patient, they
can be certain that some very talented people are working very hard every day with
the shareholder interest foremost on their agenda. Unfortunately, we have
inherited such a complete fiasco that it would take the wisdom of a Solomon to
quickly decide which way to go to optimize the proper path. I believe the
collective wisdom of the new management team approaches this standard.

I continue to be in equal parts enthusiastic, frustrated, outraged, and determined
that this thing will work out. The people I work with amaze me with their talent
and insight not only into telecommunications but also business principles in
general. I can say with all sincerity to the shareholders that "this is not last
year's management team".

This will probably be the last time I ask you to deliver a posting on the thread
until I get a clear direction from our legal people that I can say something
substantive. Forgive me, but I do not enjoy empty rhetoric.

One thing I can do is send to individual shareholders the bios of all the
directors. Since I cannot access the thread directly, and you apparently have
been unable to open the bio files I sent you, I can say that if any interested
shareholder will simply E-mail me at cpittman@ix.netcom.com, I will E-mail or fax
the director bios to that shareholder. We have already done this for several
shareholders. Also, any shareholder can call me at 972-253-5015 and I will at
least introduce myself. We welcome the interaction.

Thanks,

Clyde
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