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

To: uu who wrote (2300)	5/25/1998 9:27:00 PM
From: Dan L.	Read Replies (1) \| Respond to of 3967

Dr. Milton Schmidtz, You ask some very interesting questions, sir. I think you may find the following somewhat intriguing. For some time now, I have been aware of this thread and all the accusations that are associated with it. To me, it is total BS and if you do read it, you have to sift through all the BS that is posted from people who have nothing better to do than write "sitcoms" about a company called Airstar Technologies. Even though this company is run half-ass, it has the makings of being something, if it is given top-notch management. Not long ago, there was a "rumor" that was surfacing around about Airstar Technologies, at the time the company was referred to as Xecom. In my opinion, this company has significant potential for growth and the capability to make the shareholders quite a lot of money on their stock investment The "rumor" was that Joe Lanza had brought a deal to current management whereby, a current public company would merge with Xecom, now known as Airstar Technologies. The company that was brought to the table would be an ideal marriage for Xecom. Not only that, this company would have the power to put an substantial amount of cash into Xecom for growth. This deal was rejected by management. It is not known what management's motives were for not accepting this deal. But I will tell you this, it would have been a lucrative deal for the company. I can also tell you Joe Lanza was furious. It is my own personal opinion, when this deal was turned down, the professional relationship with current management and the current Board of Director's went sour where Joe Lanza is concerned. I have known Lanza for quite some time. Even though he is controversial and gets ahead of himself at times, he had a good deal for Xecom. Of course, this is if the so-called rumor on the streets is correct. If my sources are accurate, this rumor was true. The pathetic part of this whole thing is if the deal had been accepted, you wouldn't be seeing the stock at this level, it would have been much higher and you would have a company with substantial cash and more than likely a much more qualified Board of Director's, not to mention a hell of better President. You should also take into consideration, why would anyone support a Board of Director's who is delinquent on their 10-K and hasn't given the shareholders a valid reason for this delinquency. That in itself should give you shareholders sufficient reason to "ax" this current management. Why would you want to keep such management? Trust me, if they can't file a 10-K, which is automatic procedure for any public company and on top of that, not file for two year's, they should be replaced. Please remember, this is the management who may have rejected an offer that would benefit you shareholders. In defense of Joe Lanza, this is not his responsibility to file the 10-K but Mr. Vigliarolo. You ask yourselves, who is Vigliarolo looking out for: The Shareholder's or his own personal benefit? Dan L.