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Re: Ely post# 26350

Friday, 10/22/2010 8:22:36 AM

Friday, October 22, 2010 8:22:36 AM

Post# of 49606
from the courts, plan...shares are canceled..

On March 10, 2010, Asyst filed with the United States Bankruptcy Court for the Northern District of California (Oakland) a Notice of Plan Effective Date. The Notice filed with the Court highlighted the Plan effective date of March 5, 2010 and is attached as Exhibit 99.2 and is incorporated herein by reference. Notice is further given that pursuant to 8.1.2 of the Plan, all shares of stock in Asyst were cancelled and will forever cease trading on any securities exchange or market.




5. Class 4 — Interests
(a) Classification : Class 4 consists of holders of Interests in the Debtor.
(b) Treatment : Class 4 is impaired and the holders of Interests in Class 4 will not receive any distributions on account of Interests. Holders of Interests in Class 4 shall be deemed to have rejected the Plan and shall not have the opportunity to vote .
On the Effective Date, all shares of stock in ATI will be cancelled and will forever cease trading on the NASDAQ OTC Bulletin Board (“ OTCBB ”) or any other securities exchange or market. On or prior to the Effective Date, the Debtor will file a Form 15 with the SEC suspending the registration of ATI common stock under the Securities Exchange Act of 1934, as amended, and the obligation to file periodic SEC reports.


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