SI
SI
discoversearch

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: Financial Internet Group who wrote (2539)5/31/1998 5:49:00 PM
From: Dan L.  Read Replies (1) | Respond to of 3967
 
Financial Internet Group,

I think it is admirable that you are working on Saturday and
communicating with the shareholders. They deserve some sort
of communication in regards to the mess the management has
created.

I will disagree with your opinion that Joe Vigliarolo is not
to blame for this situation. He is in the role of the President
to Airstar Technologies. If the man is so weak that he has
to be influenced by his wife and legal counsel, then he should
consider a line of work that he is able to handle. If anyone
would look at the track-record of this company, how the President
has handled its business affairs, you more or less have had
one screw-up after another. Look at the law suits Airstar Tech
has had. Not only that, the group who is considering an acquisition
of this company has checked the credit back-ground of Airstar
Technologies. We learned that Joe Vigliarolo has been
careless in the handling of the company's accounts payables,
in addition, the company has numerous creditors and
collections after them. It shouldn't be a surprise to anyone that
Joe Vigliarolo hasn't filed Airstar's 10-K, he has a difficult
time paying the company's bills. No matter how you look at it, Airstar Technologies has been under the operation by a group of
unsophisticated individuals who have no business running this
company. There is potential for this company to do well if it
is managed correctly by individuals who have the expertise
and ability. Without that, they have nothing to offer.
ASTG's market is pathetic. What interest is there in the stock?
No one should by this company's stock with this Board of Directors,
unless you wanted a great stock to short.

As far as Financial Internet Group and Joe Lanza remaining with
the company? It is wise that you agree it would be best for all
concerned to step aside. This company is in desperate need of
new management to move this company in a positive direction before
it finds itself in bankruptcy court.

Dan Laromata