Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Airstar Technologies, Inc. (ASTG) -- Ignore unavailable to you. Want to Upgrade?

To: uu who wrote (2080)	5/13/1998 1:58:00 AM
From: Thomas Jon Swift	Respond to of 3967

Addi, You have asked some important questions and gotten decent answers. You also ask more good questions in you most recent post and I strongly urge FIG to answer them as soon as possible. Please, however, give credit where credit is due. You write: "the company's current and past 2 years actions can only lead me to believe that there is absolutely no execution plan in place." Xecom/ Airstar has improved gross revenues from $600,000 in 1996 to approximately $7,000,000 in 1997 and projections for 1998 are $15 to $19 million. I understand that we have not seen the 10-K yet and 1998 numbers are merely projections. But I personally don't doubt that 1997 revenues will come in at around $7 million as projected. And that is proof that significant execution is taking place. This, of course, does not detract from the legitimacy of all of your other questions. I too would love to know the business credentials of Airstars management and board of directors. As far as Airstar's raising the money to see its business plan through to execution, I think this is where we're all in a crap shoot. Can Airstar really pull in $18 million this year? Who knows. If it does, will the stock price rise enough to allow for an equity offering? Who knows. What about a buyer or partner to infuse some money into the company? The people at FIG hint that a partner with money is about ready to ride in on a white horse. We'll see. Sincerely, TJS P.S. to FIG and Joe V.: WHERE THE HELL IS THE 10-K????!!!!

To: uu who wrote (2080)	5/13/1998 12:04:00 PM
From: Wes	Read Replies (3) \| Respond to of 3967

Addi , TJS & All: Check EDGAR ONLINE. Specifically, look at the 10SB12G filed June 7, 1996. This filing will provide you with information on the directors you seek, including, among many other things all shareholders should know, the ownership interest of Indian Wells Investment Co. and others. Wes

To: uu who wrote (2080)	5/13/1998 6:03:00 PM
From: Financial Internet Group	Read Replies (1) \| Respond to of 3967

*Response from Joe Lanza* Addi, Gee, Yang, have you been sleeping? Anyway, to answer your questions, 1. & 2. Edgar gives you these answers. 3. SSI already has sales & marketing staff, engineering & technical support staff, service staff, the whole shootin' match. Airstar owns SSI and SSI has the telephony people. 4. Yang, that question was answered in a previous posting by Dal. Sprint pays SSI on dial tone, hook-up fees, billeting rooms and it pays 10% on long distance. That is where our operating funds come from. In the month of April, Sprint will pay SSI $515,000. About $300,000 goes to an escrow account to pay trunking costs and to save up for monthly payments when they come due. 200,000 or so covers most SSI bills. 5. SSI is the company that got the AAFES contract from Sprint. That's why we bought SSI. 6. Addi, what is your basic phone bill charge at home? Look at it - that is what is called "dial tone." 7. I am impressed, Addi, this is a good question. Airstar is basically a holding company. Select Network Systems (SNS) should (in my opinion) be the ISP. There is no question Sprint, if they could, would use Earthlink. The problem is, SSI has a contract. Every bean that comes from this contract, SSI gets a shot at it. We spend 50,000,000 then Sprint grabs all the plums? Over our dead bodies! 8. You got it. Sprint is the backer. They are paying all marketing bills and we sell Sprint. We are like resellers except we have a switch and a signed agreement, which gives us bigger margins. Addi, some of your questions were very good. You've come a long way, Baby! Joe Lanza