interesting from Astrocom president
(my italics), nothing insider here as far as i can see, just some dd, etc (hope it's ok i post it.)
from the president:
John,
I am doing some background investigation on what actually exists. My first guess is that there is no “shell” but that the old Common Stock, that was liquidated is simply being traded. Initially it was probably done to allow people to take the loss on taxes. I’m not sure why it continues. I have called the SEC and they are no help. I have a call in to Pink Sheets. Hopefully they will shed some light on this??
The 15-12G that we filed in 2004 states that there are 65 shareholders in Astrocom. That would be the current shareholders who were the debt holders when we reorganized. So if there is an entity it is the current Company which has no connection to the old stock.
Regards,
Ron
I THINK THIS SHOULD BE a RUNNER, FELLAS.
IMHO