To: Thomas Jon Swift who wrote (2275 ) 5/23/1998 2:14:00 PM From: milton schmidtz Read Replies (2) | Respond to of 3967
Mr. Thomas Jon Swift, Thank-you for your complement. It is my understanding that Financial Internet Group was hired as the Investor Relations firm to handle all Investor correspondence in addition to Public Relations for the company. I sincerely do not believe that Mr. Lanza is selling stock in the market which is keeping these prices at this level. You have to remember that a gentleman by the name of Andrew Proctor was selling is large block of shares. My broker told me when an individual puts up a large block of shares for sale and continues to hit the bid price of the stock, the price will stay at the low level. This is what I believe we are seeing in respect to Airstar Tech. This Mr. Proctor does not have any reason to want to see this company do well. His main objective at this time is to unload his stock and get whatever money he can. He has no alliance to this company like we have. If he did, he would not be doing what he is doing and we would be seeing a higher stock price. Mr. Proctor is doing damage to the market but Mr. Swift, keep in this thought in the back of your mind: soon he will not have a position to sell and he will go away. I would think that day is very soon. So, we must be patient and we have time on our side. Are positions are secure. Mr. Proctor's position is getting smaller each day. Your question about Mr. Lanza's son Mario selling his position. I would have to disagree. What would Mr. Lanza or his son's motive be for selling their position? Especially, at this level? Mr. Lanza is aware of Mr. Proctor's position being unloaded into the market. For him to sell, would not be a wise move. With Mr. Lanza's knowledge in this area, it would go against better judgement to make such a move. If he were to sell, I would think it would be at a later time when the stock price was at a more attractive level. A large position being sold at these levels would not earn very much. Besides, I honestly feel Mr. Lanza has a great loyalty to this company. When an individual has put so much time and hardwork towards something such as Airstar Tech., his own self pride and ego are going to come in to play. Mr. Lanza wants this company to succeed. I truly believe that. He has phoned me late at night, when I would think most have gone home, to update me and let me know what has transpired with the company. I admire that. It would be easy to phone me days later. But when I leave a message for him to return my call, he always does. He is a very optimistic man, sometimes maybe a little more optimistic than he should be, but I admire that quality. He is a believer and in today's society that is a quality that maybe more of us should have. Until I see factual documentation that he has done the shareholders harm, I will give him the benefit at this current time. You should do the same in my opinion. Your comments about Mr. Vigliarolo are worth mentioning. Have you ever thought that Mr. Vigliarolo is being cautious because of the slanderous critical comments that are posted on this bulletin board towards the company and Mr. Lanza? Mr. Vigliarolo may feel that he shouldn't comment in order to protect the company and the liability that would be associated with any comments that are taken out of context. If I were in Mr. Vigliarolo's position, I would elect not to speak and maybe speak only through press releases and a shareholders meeting. What protection does he have on this board? Very little. Therefore, we must put ourselves in his position and understand that silence maybe wise at this point especially on this chat room atmosphere. It would be wise for Mr. Vigliarolo to call a shareholders meeting where shareholders could ask questions directly and Mr. Vigliarolo could answer them in a civilized atmosphere. You have to admire Mr. Lanza for speaking to us in an arena where such nonsense surrounds occurs.. He probably can handle the stress more so than Mr. Vigliarolo. But then, age has a way of doing that. Sincerely, Dr. Milton Schmidtz