Aisystems, Inc. (fka ASYI)

[space1230]

No one is going public with an abandoned shell like ASYI. Read NVSOS and you will clearly see what happened. The a/s count was raised twice in 2 months: once from 300 mil to 750 mil and then again to 5 billion. A second annual list of officers was unnecessarily provided to NVSOS 8 months too early because the obvious intent was to abandon the debt filled asyi shell. AiSystems ceased operations per their last filing while noting millions of dollars of debt and no money to even pay their employees. The shell holder knew that they would have a 24 month window of diluting up to 5 billion shares before Nevada revoked ASYI. Nevada WILL revoke ASYI on April 5th. That is the 2 year mark. Since ASYI is supposed to be an sec filer and is 21 months delinquent, the sec will likely suspend it fairly quick after April 5th.

Plenty of REAL dd is available right in NVSOS to support the fact that AiSystems walked from this shell INSTEAD of planning to sell it or do some silly reverse merger. The shell is dead UNTIL IT IS SUSPENDED AND REVOKED by the sec. Yes, the sec has the power to revoke the asyi shares because asyi is SUPPOSED TO BE an sec filer. Yet everyone is dreaming about some fantasy asyi merger or resurrection without wondering why a company with such a supposed intent would remain delinquent with mandatory filings for nearly 2 years.

How about private companies going public via existing shells?