Airstar Technologies Announces Filing of Form 8-K With SEC.PALM SPRINGS, Calif.--(BUSINESS WIRE)--Sept. 9, 1998--Airstar Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ASTG ASTG Aerospace Test Group (NASA) ASTG Asynchronous Signal Transition Graph ) herewith here·with adv. 1. Along with this. 2. By this means; hereby. herewith Adverb Formal together with this: announces that the Company has filed a Form 8K with the Securities and Exchange Commission identifying a lawsuit filed by the Company on August 27, 1998 against Joseph Lanza Joseph A. "Socks" Lanza (1904-October 11, 1968) was a New York labor racketeer and a member of the Genovese crime family. Born in Palermo, Sicily, Lanza immigrated to the United States and settled in New York working as a handler in Lower Manhattan's Fulton Fish Market. , Jayne Lanza, Mario Lanza, Indian Wells Investment Company (IWIC IWIC International Waste Identification Code IWIC Intelligence Weapons Instructor Course (military training course) IWIC Independent Weather Information Center ) and several other entities believed to be owned or controlled by Joseph Lanza. The case, entitled AIRSTAR TECHNOLOGIES, INC. V. JOSEPH LANZA ET AL, is filed in California Superior Court (Riverside County) as Case No. INC008689, and arises out of the purported actions of the defendants in connection with the consulting agreement between IWIC and the Company, the purchase and sale of SelecTel, overbilling and false billing by IWIC, fraudulent concealment fraudulent concealment, n the deliberate attempt to withhold information or to conceal an act to avoid contractual responsibility. Fraudulent concealment as applied to health care providers arises when a treating doctor conceals from an aggrieved patient by Lanza of his background as it relates to the securities business and fraudulent nondisclosure of information to the Company which had a material adverse effect on the Company's business. Further to the Company's dispute with Joseph Lanza, it has come to the Company's attention that Mr. Lanza has been contacting certain of the Company's shareholders and others in connection with a purported transaction between the Company and Attache ATTACHE. Connected with, attached to. This word is used to signify those persons who are attached to a foreign legation. An attache is a public minister within the meaning of the Act of April 30, 1790, s. 37, 1 Story's L. U. S. Holdings, Inc. (OTCBB: ATTH). The Company wishes to make it clear that Mr. Lanza is an ex-consultant of the Company, has no formal connection with the Company and is not authorized to disseminate any news or information about the Company and its operations. Contrary to Mr. Lanza's assertions, the Company has no agreement or business relationship of any kind with Attache Holdings and is not contemplating such an association at this time. Certain statements in this press release may include forward-looking comments regarding, among other things, availability of funding, and technical and business progress. The Company's actual results may vary materially from those forward-looking statements due to risks and uncertainties to which the Company is subject such as delays in installations, failure to meet milestones or other obligations under collaborative agreements and other risks, which are described in the Company's Form 10.
CONTACT: Airstar Technologies, Inc.
Dal Grauer, 760/320-2782
Fax: 760/320-0612
E-mail: astg100@aol.com
|
|
||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion