Well it has not been about .0002 since June 5th 2012, and since it has been revoked by nvsos it won't be long till it is suspended by the SEC. As of their last 10q-10-ka they have discontinued operation and the CEO has left for a new job.
Left with (8,192,704 ) in debt.
8.
Discontinued Operations
On March 13, 2012, the Company divested its subsidiary AIS pursuant to a Stock Transfer Agreement (the “STA”) with Rocmar Farms Limited (“Rocmar”). (Paid ASYI $4,041,278)
While the Company recognized revenue from a previous sale to an airline client, the Company did not earn any revenues from operations in 2011.(Rocmar)
On October 14th, 2011, except for our CEO/CFO, AIS terminated all of its remaining employees as it was unable to meet payroll commitments
On April 5, 2012, the Company increased its authorized shares of common stock, $0.001 par value, from 300,000,000 shares to 750,000,000 shares. Raised to 5 billion shares on May 25, 2012.
On September 7, 2011, Dynamic Intelligence Inc. (“ Dynamic ”) provided the Company with a Notice of Non-Renewal, pursuant to an Intellectual Property Agreement (the “ Agreement ”) entered into by the parties on December 9, 2005. Pursuant to the terms of the Agreement, the term of the Agreement would be automatically and continuously extended in one (1) year increments unless either party provided notice of non-renewal at least ninety (90) days before the end of the then-current term. Due to Dynamic’s Notice of Non-Renewal, the Agreement will not renew on December 9, 2011.
No offices anywhere in both USA and Canada.
(A) Lease obligations
The Company previously leased office space in Kirkland, Washington (to April 2011), Bellevue, Washington (to May 2011), and Toronto, Ontario. Total lease expense was $101,431 and $780,870 for the years ended December 31, 2011 and 2010, respectively. In April 2011, the Company terminated its Kirkland lease and agreed to a settlement amount of $180,000 payable in monthly installments over a 36 payment period starting in July 2011. The Company is currently in default under the conditions of this settlement agreement
