To: bmart who wrote (4673 ) 9/11/1998 2:10:00 AM From: bmart Read Replies (1) | Respond to of 26163
As a caveat; Mako Capital, Inc. Sues CFO Joseph Vigliarolo Thursday, September 10, 1998. Rancho Mirage, California - Mako Capital, Inc. (OTC BB; "MAKO") announced that the company has filed suit against Joseph C. Vigliarolo, the former chief financial officer of the Company (formerly Maesa Gaming Management, Inc.) seeking to recover more than $100,000 alleged to have been converted by Vigliarolo from Company bank accounts to Vigliarolo's personal use. The complaint, filed in the U.S. District Court for the Central District of California, in addition to conversion, alleges that Vigliarolo breached his contract with, and his fiduciary duties to the company. Vigliarolo is currently president of Airstar Technologies, Inc. (ASTG) a communications company is which Mako has a minority interest. In a related matter, Mako has joined with several of the 3,200 shareholders of Airstar in petitioning a Reno, Nevada Court to order Vigliarolo and Airstar to schedule a special meeting of shareholders to elect directors on the grounds that Airstar and Vigliarolo have failed and refused to hold such a meeting since October 23, 1995. On Wednesday, September 9, 1998, a court in Riverside County, California denied the request of Vigliarolo and Airstar for a temporary restraining order which would have the effect of disabling the Nevada court. This news release contains forms of forward-looking statements that are based on the company's beliefs as well as assumptions made by information currently available to the company. Such statements are subject to certain risks, uncertainties and assumptions, which are identified in the company's corporate financials and business plan. Further information may be obtained through the company's investors' relations representative: Financial Internet Group (888) 770-7133 Fax: 760/770-7142 E-mail: FIGUSA@aol.com figusa.com -------------------------------------------- RB