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: jeffry A Decola who wrote (2949)	6/18/1998 10:36:00 AM
From: Dan L.	Read Replies (1) \| Respond to of 3967

Jeff, I wasn't going to respond after I see some of the statements that are posted across this thread. But, since you have asked a good question, what the hell. Our group has been doing plenty. First, we contacted the transfer agent a week ago to obtain a updated shareholders list. Every shareholder has the right to obtain such a list. The Transfer Agent informed us that they had received a letter from the Board of Directors of Airstar Technologies and Joe Vigliarolo stating that the Transfer Agent was not to give anyone (shareholders included) any list or information about the company. In addition, they were not to disclose how many shares have been issued or are outstanding in Airstar Technologies. Now, when I heard that, I thought that was not only unethical but more or less a "red flag waving in the wind." If Vigliarolo had nothing to hide, why would he want that information not accessible? Also, we met with our legal counsel a week ago. Until Airstar Technologies releases their 10-K, a shareholders meeting can not be called. We have obtained the opinion of three securities attorney's and they all have told us the same thing. I would have to assume the delay of the 10-K is a deliberate move by the management of Airstar Technologies. Therefore, our group of investors who would like to come in and reorganize this company are being held by the sidelines until this filing is done. We are looking at alternatives at this time but unfortunately they will take longer and I am doubtful we have that extra time. I'm sure Vigliarolo knows this and will stall as long as possible in order to succeed at the game he is playing. Your chances at Vegas are more than likely higher than they are betting on this company. You have a group in control right now that are greedy and unethical and will do and say whatever they have to in order to stay in control. And I would like to emphasize SAY AND DO. Good Luck, Dan L.