Asyst Technologies, Inc. (fka ASYTQ)

[trader53]

The order of events begs curiousity >

Sequence of events:

Chapter 11 Bankruptcy Case, NOT closed yet.
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Asyst Technologies > 15-12G > ASYTQ

Has "Active status" in the State of California.
http://kepler.sos.ca.gov/cbs.aspx

Business Entity Detail
Data is updated weekly and is current as of Friday, February 10, 2012.

Entity Name: ASYST TECHNOLOGIES, INC.
Entity Number: C1247744
Date Filed: 05/31/1984
Status: ACTIVE
Jurisdiction: CALIFORNIA
Entity Address: 46897 BAYSIDE PKY
Entity City, State, Zip: FREMONT CA 94538
Agent for Service of Process: CORP2000
Agent Address: 720 14TH ST
Agent City, State, Zip: SACRAMENTO CA 95814


Bankruptcy Court Updates - (ASYTQ)

http://www.canb.uscourts.gov/judges/lafferty/calendar

http://dm.epiq11.com/ATI/docket/Default.aspx?rc=1

http://www.scouler.com/?s=asyst+technologies

EDGAR Search Results - (ASYTQ)
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000909326&owner=exclude&count=40
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2/6/2012
Docket #665 Operating Report >

Filed by Trustee Other Prof Scouler & Company, LLC, as Liquidating Trustee (Danker, Ashleigh)
http://dm.epiq11.com/ATI/docket/Default.aspx?rc=1

UNITED STATES BANKRUPTCY COURT
NORTHERN DISTRICT OF CALIFORNIA
OAKLAND DIVISION

ASYST LIQUIDATION TRUST TRUSTEE REPORT FOR THE PERIOD
OCTOBER 1, 2011 THROUGH DECEMBER 31, 2011

Asyst Liquidation Trust
Trustee Report
October 1, 2011 – December 31, 2012

Liquidation Trust Agreement Required Reporting (Article 3.4, section (p))

(i) The receipt and disposition by the Liquidation Trustee of property of the Estate or the Debtor during the prior quarter, including the disposition of funds in the Liquidation Trust, the Wind- Down Reserve and Distribution Fund.

The Asyst Liquidation Trust holds two accounts at Chase bank, a checking account and a savings account. On October 1, 2011 the consolidated balance of the Asyst Liquidation Trust checking account and savings account was $271,719.28 (please see Exhibit – A1).

The difference between the book balance and the bank
balance is due to one outstanding check. A detailed list of expenditures by the Trust during the period covered
by this report is set forth on Exhibit – D.

The total amount of receipts within the checking account during the months of October through December was $84,000.

The total amount of receipts within the savings account during the months of October through December was $157,000.

The savings account accrued $106.44 of interest during the months of October through December.

As of December 31, 2011 the consolidated balance in the Asyst Liquidation Trust checking and savings account was $372,052.60 (please see Exhibit – A2).

(ii) All disputed Claims resolved by the Liquidation Trustee during such period and all remaining disputed Claims.
No Claims to report.

(iii) All known material non-Cash assets of the Debtor remaining to be disposed of

The only non-cash asset of the Debtor that remains is an external hard drive with approximately 232 GB of financial and historical data that will be retained by the Liquidating Trustee until the case is closed.
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02/02/12
Notice of Change of Address Filed by Creditor Oracle USA, Inc.

UNITED STATES BANKRUPTCY COURT
NORTHERN DISTRICT OF CALIFORNIA

In re
ASYST TECHNOLOGIES, INC.,
Debtors.
Chapter 11
Case No. 09-43246
Jointly Administered

TO ALL INTERESTED PARTIES AND THEIR ATTORNEYS OF RECORD:
NOTICE IS HEREBY GIVEN that Buchalter Nemer, A Professional Corporation (the“Firm”), effective January 30, 2012, has moved to:

55 Second Street, 17th Floor
San Francisco, California 94105-3493
The Firm’s phone and fax numbers, and its email addresses, remain unchanged.

BUCHALTER NEMER,
A Professional Corporation

Dated: February 2, 2012

By: /s/ Shawn M. Christianson______ ____
Shawn M. Christianson, Esq.

333 Market Street, 25th Floor
San Francisco, CA 94105-2126
Telephone: [phone]
Facsimile: [phone]
Attorneys for Creditors, Oracle America,
Inc. and Oracle Credit Corporation

Case: 09-43246 Doc# 664 Filed: 02/02/12 Entered: 02/02/12 09:58:56 Page 1 of 1

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I received the following e-mails from the OTC

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10/19/2011
I don’t know the answer to that. FINRA should be notified as soon as possible. However, I think this is based on a FINRA rule and not an SEC rule so I don’t think there is any kind of penalty involved. SEC Rule 10b17 only governs dividends, stock splits or rights offerings.

Regards,
Brandon

Brandon Ferguson
Issuer and Information Services
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10/19/2011
Thank you for your e-mail.
If shares are said to be cancelled in an 8-K, why wouldn't an officer in the company, or the Debtors attorney notify FINRA right away?
....and, if they don't notify FINRA, aren't they, and the Market Makers failing to uphold the integrity of their positions?
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10/19/2011
I assume that FINRA usually gets notification from the issuer. However, if they find out about it some other way, they would most likely delete the symbol for market integrity purposes.

Regards,
Brandon

Brandon Ferguson
Issuer and Information Services
304 Hudson Street 3rd Floor
New York, NY 10013-1015
T [phone] | F [phone]
[e-mail]
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10/18/2011
Hello Brandon,
Thank you so much for contacting me with this information.

Would you know what person(s), have the right, or authority to request that FINRA delete shares?

I have been told that only an officer of the company, or the attorney for the debtor, have this authority.

Can you confirm this?
Thank you,
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10/10/2011
Our note from FINRA on 9/29/11 stated: “Plan of Bankruptcy Effective. All shares have been cancelled. Deletion Time: 11:03:32”

At that time, the symbol was deleted. If you have additional questions, you may want to contact FINRA.

-Brandon
Brandon Ferguson
Issuer and Information Services

304 Hudson Street 3rd Floor
New York, NY 10013-1015
T [phone] | F [phone]
[e-mail]
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10/09/2011
Re: Deletion of ASYTQ

Good Morning,
I am a shareholder of ASYTQ ( Asyst Technologies, Inc.)

This stock was deleted on September 29, 2011

I am trying to find out why Market Makers are no longer making a market in this stock.

The shares were said to have been cancelled on March 10th, 2010, however, market makers maintained Bid and Ask prices from March 10, 2010 up until September 28, 2011.

I am interested in knowing why, all of a sudden, the market makers did not make a market in ASYTQ.
There must be some reason.

Thank you for any information and answers you can provide.

Sincerely,
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The "Market Makers", were making a market in ASYTQ well after the "Effective Date" of March 5, 2010.

It wasn't until September 29th, 2011 that FINRA sent out this announcement below:


September 29th, 2011:

Notice from FINRA
Attn: Trading and Market Making/Legal and Compliance/Operations/Systems
UNIFORM PRACTICE ADVISORY (UPC #68-11) September 29, 2011
Asyst Technologies, Inc. (ASYTQ)
_
Notice has been received that the above Company’s Joint Plan of Reorganization (Plan) filed under Chapter XI of the Federal Bankruptcy Code, became effective on March 5, 2010.

Pursuant to the Plan, on the Effective Date, all shares of stock in ATI will be cancelled and will forever cease trading on OTC Bulletin Board or any other securities exchange or market. Class 4 consists of holders of Interests in the Debtor. 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.

Members are reminded of their obligations under NASD Conduct Rule 2310 if they continue to engage in transactions in the above security after the effective date.

Members are further advised that deliveries in settlement of contracts in the OLD securities, which were executed prior to the announcement that the securities had been deemed worthless, shall be evidenced by either a) the OLD security; or b) a Letter of Indemnity which shall grant the purchaser any rights and privileges which might accrue to the holders of the physical securities. Such deliveries shall operate to close-out the contract and shall be settled at the existing contract price pursuant to Uniform Practice Code Rule 11530.

Questions regarding this notice should be directed to: FINRA Operations- 1-866-776-0800.

www2.finra.org/web/groups/industry/@ip/@comp/.../p124548.pdf

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