With the PR of the emerging from bankruptcy, It still had Tony Harrison as CEO of Astrata. Until there is a letter of cancellation of common stock (which is owned by Fame [All vision groups]) I would say this is still in play.
To read on the preferred shares where locked up in escrow and where to be converted for the take over. The shares are the GUARANTEE if astrata defaults on the loan. Astrata had a $100m in contracts that they need to fill, but were on a cod basis. They took a short term loan and paid there debts off.
I called the number for LA T: +1 310-777-8889 and it is Watley group. They are an M&A firm that holds about a million shares. The other # on pink sheets TX 281-509-9795 is also Watley group. They have a new website www.watley.com/ No office location.
As Feb 10 Astrata is still renting the space:
1801 Century Park East, Suite 1830 Los Angeles, CA 90067
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