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

To: Financial Internet Group who wrote (2295)	5/25/1998 8:13:00 PM
From: milton schmidtz	Read Replies (1) \| Respond to of 3967

Mr. Perlow, I am at total bewilderment that you would post a comment that this situation is hilarious. To any shareholder, who has invested in a public company, this turn of events would be anything but comical. Certainly, the comments that have been stated on this web-site, this situation is not only troubling but regrettably unfortunate. I would like to comment on several statements that have been posted since my last statement. Mr. Wes, you wrote that Airstar Technologies may have outgrown Mr. Lanza and his ability to consult the company. This may well be true, as he has even stated to me that the company had more potential than current management could handle. If this is the case, I would have to predict that if Mr. Lanza can no longer consult the company to the best of his ability then, I would assume that the company has also outgrown Mr. Vigliarolo and the current Board of Directors. It is most obvious to me, this company needs to be managed by a larger telecommunications company with a Board of Director's that has the years of expertise in this industry. A young mid-30's individual who I believe is what Mr. Vigliarolo is, with the back-ground he has, doesn't have the capability to manage a company of the likes of Airstar Technologies. Like I stated, this company should be acquired by a larger corporation who can get the filings and financials out to the shareholders and necessary regulatory commissions on schedule, manage the company properly and expand the company to its fullest potential. This is not to mention having a shareholders meeting a least once a year. Even though Airstar in my opinion has great potential, its past track record in respect to management is anything but attractive. It is my belief that Mr. Lanza is in agreement of this analogy also. If he is not capable of handling his position of consultant, I think he would be more than happy to hand the reigns to someone else, if it is in the best interest of all shareholders concerned. Being he is a shareholder also, you have to remember, he wants to see the company succeed. There would be no reason for him to act otherwise. Mr. Swift stated that with this uprising of corporate politics, how do shareholders contact the company? When I spoke to Financial Internet Group today, they stated until they receive written notification from Airstar Technolgies' management, they will continue to proceed with business as usual. Mr. Lanza also stated that he would be available to accept phone calls on Tuesday until he is notified of the same. It is my opinion that Fiancial Internet Group would give the shareholders a forwarding number or address if they were terminated as the Investor Relations. Even though many of you would love to see that take place, I don't believe Mr. Lanza or Financial Internet Group are the basis for this sudden turn of events. From the performance of management these past several months, it appears to me that there is something much more serious than what appears. Like Mr. Rogers has posted on many occasions, why haven't the filings been done on schedule? What are they waiting for? Why hasn't Mr. Vigliarolo made any reference to this offer from Mr. Casey? I have to wonder what Mr. Vigliarolo's motives are for keeping this so quiet. Even Mr Lanza hasn't a clue on what Mr. Casey is bringing to the table. I just find that odd that a President of a company such as Airstar Technolgies wouldn't communicate more with a consultant, their Investor Relations and to the shareholder's. I personally feel we have just as much right to this information. Now, I can understand why he might not post any information on the Silicon Investor, but that doesn't mean a press release or a mailing could not be done. Other companies I am a shareholder in, communicate with me in such a manner, why is this one so different? In addition, I even receive Annual Reports! One last thing I would like to ask, according to my CPA, it is managements responsibility to produce the 10-K and not legal. Therefore, what is the hold-up? Would anyone like to comment? Sincerely, Dr. Milton Schmidtz