Aisystems, Inc. (fka ASYI)

[Clutch Cargo]

ASYI --- A SUNDAY MORNING “BOMB-SHAKER”!!!!!!!!!!!

A VERY BIG SECRET IS NOW EXPOSED:

ASYI STILL owns TWO operating subsidiaries that were not divested back on March 13, 2012. That then means that WE, the shareholders of ASYI ALSO own those two operating subsidiaries! ASYI IS VERY MUCH ALIVE, AND HAS BEEN SECRETLY OPERATING VIA ITS TWO REMAINING WHOLLY-OWNED SUBSIDIARIES!!!!

It was the poster Ahhala who knew this and tried to post proof a couple of days ago. But I (and others) laughed at and scorned his post.. We wondered why he was putting up information about JetEngine when that entire issue had been put to rest well over over a year ago when --- presumably --- the JetEngine software had been divested to Rocmar Farms on March 13, 2012.BUT IT NEVER HAPPENED. IT NEVER GOT DIVESTED, ONLY THE VALUELESS SHELL OF AIS GOT DIVESTED.

Ahhala’s posting caused a COLD, COLD shiver to strick me, and I KNEW that he was onto to something GIGANTIC … something that the “DD-Detectives” here (including me, and william48) missed by a MILE!!!

His post revealed the “end-direction” of this trade … and its final piece of deception … which involves AERO IQ. I got so excited by his find that I spent the next two days druging through the EDGAR filings and associated links.

AHHALA HAS KNOCKED THE SPOTS OFF THIS TRADE!

But first, a little background material so that the unread peeps here can come to fully understand what was uncovered in his post of Saturday:


On December 2005 --- Airline Intelligence Systems Inc. was incorporated in Delaware to further create, support and market the Jet Engine Software. The person who desIgned the software was one of the founders, Roy Miller. The other founder was Stephen Johnston, who acted as its CEO. All of the filing documents refer to this company as being “AIS”.

AIS had two wholly owned private Canadian subsidiaries: Airline Intelligence Systems Corp. and AIS Services Canada Inc. The subsidiaries provided management services and corporate services to the parent company, AIS.

On March 19, 2010 --- Wolf Resources Inc. acquired AIS in a reverse merger. It also acquired the two Canadian subsidiaries.

On March 19, 2010 --- Wolf Resources Inc. changed its name to AISystems, Inc., and its ticker started trading under the symbol that it does so today: “ASYI”.

On March 19, 2010 --- Stephen Johnston left AIS to become the CEO of ASYI.

On May 17, 2012 --- which was the date of the last public filing made by ASYI, it stated that it (ASYI) had THREE wholly-owned subsidiaries:

1. Airline Intelligence Systems Inc. (AIS)
2. Airline Intelligence Systems Corp. (CANADA SUB#1)
3. AIS Canada Services Inc. (CANADA SUB#2)

This is where, in the 10K, that it acknowledges that fact:

“Principles of consolidation

The consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America, and include the accounts of the Company and its wholly owned subsidiaries, namely Airline Intelligence Systems Inc. (AIS), Airline Intelligence Systems Corp. and AIS Canada Services Inc. All inter-company accounts and transactions have been eliminated on consolidation”

AND NOW … THE “BOMB-SHAKER”:

“13. Subsequent events

On March 13, 2012, the Company (ASYI) divested its subsidiary AIS pursuant to a Stock Transfer Agreement with Rocmar Farms Limited The Company expects to recognize a gain from this disposition of AIS.”

BUT WHAT ABOUT ASYI’S OTHER TWO CANADIAN SUBSIDIARIES???

THEY WERE NEVER DIVESTED; AND ARE STILL OPERATING … AND THEY STILL BELONG TO ASYI … WHICH MEANS THAT THEY(and their revenues) STILL BELONG TO ASYI’S SHAREHOLDERS!!!!!!

SO THE ENTIRE AERO-IQ FIASCO WAS JUST ONE MORE CLEVER “RED-HERRING” TO LEAD US TO BELIEVE THAT ASYI’S CONTROLLING SHAREHOLDERS WOULD DO SOMETHING SO STUPID AS TO ENGAGE IN A CRIMINAL ACT … AND THAT WE WERE SMART ENOUGH TO CATCH THEM IN THAT ACT. NOTHING COULD HAVE BEEN FURTHER FROM THE REAL TRUTH!

WE WERE LED TO BELIEVE THAT A PRIVATELY-HELD, OFF-SHORE COMPANY, BY THE NAME OF AERO-IQ HAD BEEN CREATED TO SIPHON-OFF AIS’s CORE ASSETS … WHICH CONSISTED OF INTELLECTUAL PROPERTY. WE WERE WRONG!!!!!!!!!

IT WAS A VERY CLEVER RUSE … DESIGNED TO HAVE US WAIT AROUND FOR 8 LONG MONTHS AND FOCUS ON AERO-IQ, WHILE COMPLETELY FORGETTING ABOUT THE EXISTENCE AND OPERATIONS OF THE OTHER TWO SUBSIDIARIES!!!!!!

ASYI’s May 17, 2012 10K clearly stated that ASYI divested itself of AIS and sold off all of its “non-core” assets. BUT IT DIDN’T SAY THAT IT DIVESTED OR SOLD ITS TWO OTHER WHOLLY-OWNED SUBSIDIARIES.

WHY CONTINUE TO HOLD ONTO THE OTHER TWO CANADIAN OPERATING SUBSIDIARIES … IF YOU INTEND TO GO OUT OF BUSINESS? And you may be CERTAIN of the fact that ASYI STILL owns those two subs … because it has never filed an 8K regarding the disposition of such assets.

So ASYI is FAR, FAR, FAR from being “dead”. It’s covertly planning to do something GIGANTIC (and entirely legal). It presently has TWO operating subsidiaries; and I’d wager that one of them presently contains ALL of the newly-transformed software assets of the old AIS. And that doesn’t constitute a problem for us because ASYI owns those two subsidiaries … and WE own ASYI.

Into this wild mix of Canadian operating subs and the unknown Newbie, AERO-IQ, and the Israeli high-tech firm that’s about to acquire control of MKHD … GCS is going to be introduced.

When the pieces are all brought together … WE’RE GOING TO HAVE OUR SOCKS BLOWN-OFF!!!!!!

Hold, and buy with CONVICTION!

P.S.: The “DD-Detectives” are now going to focus ALL of our attention on two Canadian Coporations: Airline Intelligence Systems Corp. and AIS Canada Services Inc. You just might want to put away those mindless articles regarding DTC Chill … and do the same (for a change).