You Can use this code to read line by line in text file and You could also check about the first character is "*" then you can leave that..
Public Sub Test()
Dim ReadData as String
Open "C:\satheesh\myfile\file.txt" For Input As #1
Do Until EOF(1)
Line Input #1, ReadData 'Adding Line to read the whole line, not only first 128 positions
If Not Left(ReadData, 1) = "*" then
'' you can write the variable ReadData into the database or file
End If
Loop
Close #1
End Sub