ASYI – Let’s be “SERIOUS” before the opening-bell …
and not get caught-up in the moment; but try and understand the larger picture … because if we do that, then we’ll come to also understand that what happened on Tuesday and Wednesday was and is a simple case of “stockpiling inventory” … as opposed to the prelude of some “run”..
Tuesday’s volume was attributable to only 20 trades, and yesterday’s was attributable to a mere 95 trades. Exciting perhaps … but clearly nothing monumental. And most importantly, neither of those volume spikes was the result of ANY news whatsoever; any leak whatsoever; nor any prior organized pump whatsoever. On both occasions, the spurt in volume just seemed to materialize from cold, thin, wholly-unsupported AIR. In every respect then, yesterday's "action" was merely a calculated ploy by the MMs to induce a surge of selling.
BUT WHY … AND WHY NOW?
I’ve always maintained that there will be no “run” in this trade … but that on any given day, at any given moment, a trading halt will take place and ASYI ‘s ticker symbol will simply cease to exist, and instead become that of Global Convergence Solutions, and that after the pre-merger conversion of shares takes place (i.e., in the neighborhood of 100 shares of ASYI for every share of Global Convergence Solutions; after a similar pre-merger conversion with Mount Knowledge Holdings), the new PPS will commence trading at 82 cents or so. No “RUN” … just a sudden and startling “TRANSFORMATION” that will IMMEDIATELY change the lives of all who held large blocks of ASYI stock. I STILL maintain that this is exactly what will happen here (and very, very soon now).
SO IF 20 TRADES (ON TUESDAY), OR 95 TRADES (ON WEDNESDAY) ISN’T A “RUN”, OR THE PRELUDE TO SUCH A “RUN” … THEN WHY DID THEY OCCUR?
The bid last opened on September 6, 2012. On that day, the MMs successfully induced discouraged traders to sell to them a NET of 85 million shares at $0.0001 before the bid was once again summarily closed (on that same day … EXACTLY what took place yesterday). I and a couple of other investigative posters here have always maintained that what happened on September 6th was merely a “test” to see how much additional “INVENTORY” of dirt-cheap ASYI shares could be “STOCKPILED” by the MMs if and when the bid were permitted to again be opened. Their September 6th “test” was very successful. Their “test” of yesterday was WILDLY successful … reaping almost TWO AND ONE-HALF as many dirt-cheap shares then they managed to purchase back on September 6th … and increasing their inventoried stockpiles by several orders of magnitude. This was accomplished by several factors … all of which had to take place BEFORE traders could become discouraged enough to sell such a huge number of ASYI shares at such a dirt-cheap price:
:
1. The bid had to remain closed for an extraordinarily long period of time in order to engender feelings of hopelessness and anxiety. And while it remained closed, other discouraging events would have to take place.
2. In October, ASYI gave up its right to transact business in Delaware.
3. In October, Beatty confirmed in a PR that Global Convergence was not (then) a likely merger target.
4. In November, ASYI was assigned a STOP sign on its OTC web page.
5. In November, ASYI failed to file its 3rd quarterly 10Q.
6. In November, MKHD failed to file its 3rd quarterly 10Q; and.
7. In December, a person claiming to be Beatty began to engage in a personal tirade (to anyone who would telephone him) about no longer having a “job” … and that ASYI was no longer a viable company.
Each of these factors --- one happening right after the other --- SET THE STAGE FOR WHAT TOOK PLACE YESTERDAY … because from September 6, 2012 until Wednesday, February 13, 2013 … there has been absolutely no “HOPE” whatsoever of a rebound for ASYI … at least until yesterday that is.
BUT WHY THIS WEEK … AND WHY WOULD THE MMs BUY, AND THEN “STOCKPILE” “DIRT-CHEAP” ASYI STOCK IN THEIR INVENTORIES WHEN ASYI IS SURELY NO MORE THAN A SO-CALLED “WORTHLESS POS”?
This is the fascinating “BIG-MONEY” question … who would buy the shares of a stone-dead, worthless “POS”? A POS that many (disseminators of crass disinformation, mind you) maintain is likely to do an R/S, or a dilutive increase in its AS? Or dangerously flirt with a possible deregistration of its shares? Or even a BK? WHO WOULD PURCHASE HUGE QUANTITIES OF SUCH A NEAR-DEFUNCT AND HIGHLY-DANGEROUS “POS” … LIKE THE MMs have done … stockpiling them in their ever-growing inventories?
The answer lies in the FACT that there are TWO realities to this trade: (1) what the MMs actually know about this trade; and (2) what they don’t know.
First and foremost, they know even LESS then what WE know about ASYI and the likelihood of it engaging in a triangular reverse merger with Mount Knowledge Holdings and Global Convergence Solutions. They’ve done no independent research on that issue. That’s not their job. Their job is merely to facilitate a market for the trading of ASYI stock. BUT because they do not know what’s going to happen here they have to PLAN for such an eventuality. AND HOW DO THEY DO SUCH A THING? Simple. Buy as many dirt-cheap shares as they can and stockpile them in their inventories before any announcement is made. And when such announcement finally hits the news wires, they simply have to step into the market and begin to sell all those dirt-cheap shares for 82 CENTS and higher. Indeed, that is the precise reason why they don’t want to sell you any shares at $.0001 and thereby deplete their inventories … when they are now acting on the likely assumption that the PPS will rocket much, much higher in the not-too-distant future.
AND THAT IS EXACTLY WHY THE BID OPENED YESTERDAY. WE WERE “TESTED” YET AGAIN … AND CAME THROUGH WITH FLYING COLORS.
If must also be remembered that FINRA’s rules are quite explicit … a market-maker need NOT display an accurate count of what it is willing to sell at any specific price IF (1) it is either working for its own account (as opposed to facilitating an orderly market); or (2) it is working on behalf of some undisclosed client. That being the case, it’s obvious that a majority of the six active market-makers in the ASYI trade are presently working for themselves … with the exception of MAXIM, who is obviously working for an undisclosed client (no doubt Dynamic Intelligence LLC). No other reason adequately explains why they have been here, on an almost daily basis, for six long months of a closed bid … making absolutely no money whatsoever on any trading of ASYI stock.
BOTTOM-LINE THEN … although there will be no classic “RUN” in the ASYI trade, you can rest assured that the MMs ---- ALL of the MMs --- are presently scrambling to amass huge inventories of ASYI stock, purchased at dirt-cheap prices, in order to sell them --- at WILDLY inflated prices --- when Global Convergence Solutions finally files it ‘Super-8K’ that details the “triangular reverse merger” among Global Convergence Solutions, ASYI, and Mount Knowledge Solutions.
MAKE NO MISTAKE IN THIS … THAT TRIANGULAR REVERSE MERGER IS GOING TO TAKE PLACE … AS IT IS THE ONLY VIABLE MEANS BY WHICH ASYI’S $30,000,000.00 OF TAX DEFERRED ASSETS (i.e., NOLs) CAN BE SUCCESSFULLY TRANSFERRED TO ANOTHER COMPANY’S BALANCE SHEET.
As I’ve said many, many times before, the very existence of that MOUNTAIN of NOLs guarantees that (1) there will be no R/S; and (2) no further increase in the AS; and (3) no delisting; and (4) no BK. In short, ASYI’s two controlling shareholders will permit no action to take place that would harm nor dissipate the extraordinary value of their one remaining asset … the asset that GUARANTEES that they will be able to SWAP their near worthless shares of ASYI for the very valuable shares of Global Convergence Solutions. At this late date, the two controlling shareholders have managed to successfully (and almost secretly; but for the brilliant investigative work of the posters Lecorb and Keech) transfer all of ASYI’s core assets to AERO, a privately-held Florida company that they now own. Thus, for all practical purposes, ASYI is now merely a lifeless shell that contains $30,000,000.00 of NOLs and $4,000,000.00 of debt, which equals a $26,000,000.00 bonanza for the right-situated merger candidate.
SO THEN … while volume spikes are “exciting” to see; and while movement on our L2 screens is “refreshing” to the mind, in that it chases away the boredom of 6 long months … none of this constitutes a “RUN”, nor the prelude to such a “RUN”. It does, however, mean that the MMs --- ALL of the MMs --- are now seriously preparing for an expected announcement of the T/R/M in that they have at last permitted discouraged traders to leave at $.0001 in order to scoop up their shares in anticipation of that forthcoming announcement.
IMO: there will be no more such “tests” by the MMs. Yesterday’s action was a GIGANTIC and final step toward the END of this trade. We now eagerly await the following developments, all of which will take place in this, the year’s first quarter:
1. GCS now has, in its possession, audited financials for 2012; the single most profitable year in its entire operating history. Any “Super 8K” must contain, at minimum, a company’s two most recent years of audited financials. GCS now has in its possession two stellar documents that could be used (in a “Super 8K”) to instantly IGNITE its PPS.
2. Tomorrow (February 15th), we get to see whether or not anyone purchased 5% or more of ASYI’s OS during the “FAKE-DUMP” that allegedly took place during the summer. If anyone did, then the SEC requires that they make a formal Schedule 13D filing no later than February 15th. IMO: we will see no such filing … because the so-called “Dump” was no more than a “FAKE-DUMP” … just like BDS and KoolTel LOIs were no more than “FAKE-LOIs”.
3. On February 28th, ASYI must file its corporate listing with the Nevada Secretary of State and pay $2,445 in order to retain its right to transact business there. IMO: ASYI will not file the required documents nor pay the required fees. This will be done to further “terrorize” the mass of unread posters here (whose numbers seem to be strangely growing). ASYI will, however, slyly retain its RIGHT to file and pay on any future date it might elect … and instantly be REINSTATED, just like MKHD did two weeks before it entered into the LOI with Global Convergence Solutions.
4. On March 10th, the Vice President for Global Marketing and Sales at GCS will speak at the highly-anticipated CompTel annual convention. I fully expect his words to contain all manner of fireworks … so I’ll be watching it closely … indeed, I’m thinking about personally attending … with the intent to try and engage him in conversation. We’ll see.
5. On March 13th, MKHD must file its corporate listing with the Nevada Secretary of State and pay $1,562 in order to retain its right to transact business there. It will no doubt do exactly what ASYI is going to do … so the matter is of no real importance to us.
6. On March 15th, ASYI and GCS must file their Federal Income Tax return (unless an extension is requested … and granted by the IRS). Should GCS desire to offset 100% of its 2012 tax obligation (i.e., approximately $1,230,000.00 by my calculations) with ASYI’s mountain of NOLs … then GCS must merge with ASYI before that date. Obviously, we’ll be looking VERY closely at this date.
P.S.: As I am only permitted one post per day, I cannot respond to any questions about the content of this post (though I would truly love to do so). I am LONG ASYI. I’m presently holding 107+ Million shares … and am ABSOLUTELY CONFIDENT in the eventual outcome here. How many opportunities do you stumble upon in life that affords you a clear 50/50 chance (and TWICE each day --- before the opening bell and after the closing bell) to make a million dollars and instantly change your life? The MMs can have every single share I own … as soon as the PPS jumps to 82 cents.
Till then …good luck to us all.
