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


To: Financial Internet Group who wrote (2582)6/1/1998 3:20:00 PM
From: saclac  Respond to of 3967
 
I see no benefit for any "large shareholder(s)" from the current pool of "large shareholders to be on the board, given that there are no reporting entities other than possibly Topnet, JL / IWIC . Who does that leave as "large shareholders?
Let the other 90% decide who is on the board.



To: Financial Internet Group who wrote (2582)6/1/1998 4:22:00 PM
From: Summer Wind  Respond to of 3967
 
Well Yes Joe
I did ask you to return to the board...and tell everyone what you had
told me then...And you have told everyone,
in the last 4 or 5 days
you have told things that should have been told 4 or 5 months ago, when we spoke on the telephone.
Just tell it like it is...there has been enough embellishment.
just my opinion
Jack



To: Financial Internet Group who wrote (2582)6/2/1998 12:42:00 AM
From: Thomas Jon Swift  Respond to of 3967
 
Joe,

AirStar WITH Select Switch and new management and new board of directors (including large shareholders and telecommunications people) would be quite an improvement for this company. But I'm afraid current management has decided that a deal with Dennis Casey is the direction they're going (Joe V, I'm told, will be in Dallas on Wednesday to talk "business" with Casey). The shareholders will ultimately decide.

Two points:

(1) If a deal with Casey is NOT going to happen, let's get the deal off the table PRONTO and have management get to work finding the additional capital it needs to stay in business. If the company is not going to be sold, then securing additional capital should be management's highest priority.

(2) Since a deal is likely, however, shareholders should consider the option that any cash acquired through a deal go directly to shareholders on a per/share basis; not to AirStar. I, for one, do not savor the idea of owning shares in a shell run by Joe Vigliarolo. Everyone else can decide for themselves. TJS