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: saclac who wrote (2351)	5/28/1998 1:15:00 AM
From: milton schmidtz	Read Replies (2) \| Respond to of 3967

NEWS BULLETIN! I have been on the telephone the entire day trying to find out what in the hell is going on with this company! I finally was able to locate one of the guys who was part of the old management. He was on the Board before the current management. He told me that Joe Vigliarolo turned over 3 Preferred D Units to Andrew Proctor. I told him I wasn't exactly sure what that meant? (Please excuse my stupidity but I'm not a pro at this stock talk). He had a good laugh and said, that converts to almost one million shares of free trading stock!! Leaving Proctor and Voyager & Associates with almost 3.9 million shares of free trading stock that they can UNLOAD INTO THE MARKET!!! He also said haven't you ever looked at Joe Vigliarolo's name? I said why, what is wrong with his name and he said Vig-LIAR-olo! I got sick to my stomach when I realized what he was telling me. Will someone please explain to me how does Mr. Vig-LIAR-olo handle this on a fiduciary basis when a person has control of approximately five million shares, from what I am told, he sold one million shares and now has a position of four million shares!!?? Wouldn't this kind of position be known as an affiliate? If Mr. Proctor is an affiliate, why hasn't Mr. Vig-LIAR-olo proceeded to file the necessary legal proceedings and attach Mr. Proctor's Preferred D? Someone please explain this to me?? The individual, who was asked not to be named, told me that Mr. Vig-LIAR-olo is not a good guy and will take this company down and we will have nothing left. He told me that he has had this planned for quite sometime. He also said that Mr. Vig-LIAR-olo initiated this transaction with Mr. Proctor on Friday which was the day after the shake-up at Financial Internet Group's offices. After I spoke to the gentleman on the phone, I phoned Joe Lanza at home this evening. His comments were simply expletive! He wanted to know where I learned this news and when I told him, he said he was calling the gentleman and would get back to me tomorrow. Joe Lanza never knew that this had taken place! He said it is now up to the shareholders to decide if we want sue Mr. Vig-LIAR-olo for letting this happen. I assume Lanza isn't able to help at this point? Will someone comment on this please! Milton