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I never seen a "final order" take so long. Tax season is approaching.
The shares are in the process of being purged. ASYI was revoked by the sec on 8/11. We are just waiting for the final order for the delisting. Besides, who do u think would be buying ASYI if it was eligible to trade???
I cant trade my shares. Still showing a value in my account. Seems locked
to the moooooon!
That is rich. Blame it on me instead of realizing what happened here the moment that the A/S was raised to 5 billion.
All I am doing is supplying verified DD. Don't believe the SEC? Not my problem.
And once again, still no proof that it won't end up in the graveyard? Hmmm.. Imagine that.
Proof is straight from the SEC.
I ask again for you to provide your proof that this won't end up in the graveyard.
They didn't respond on July 29. Proof, once again: (Bolded parts important) http://www.sec.gov/alj/aljdec/2014/id655bpm.pdf
"On July 11, 2014 the Commission issued an Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Exchange Act as to Baeta Corp.,
AISystems, Inc. (a/k/a Airline Intelligence Systems, Inc.), Exchange Act Release No. 72593,
2014 WL 3384641 (July 11, 2014).
Diamondhead was the only Respondent to appear at the July 29, 2014, prehearing
conference."
"At the prehearing conference, I stated that AISystems, Inc. (a/k/a Airline Intelligence Systems, Inc.) (AISystems); China Jianye Fuel, Inc. (China Jianye Fuel); Cordex Pharma, Inc. (Cordex Pharma); Emerald Dairy, Inc. (Emerald Dairy); and Kentucky Energy, Inc. (Kentucky Energy), are in default for not answering the OIP, not participating in the prehearing conference, and not otherwise defending the proceeding."
Denial wont bring ASYI back. The sec's rules are etched in stone. No one attached to ASYI ever responded to the sec. ASYI is over now. Revoked as of 8/11. Final order will terminate the ticker and ALL SHARES. DONE!!
0% possibility for ASYI to "come back." The sec suspension happened and all time periods HAVE EXPIRED for anyone attached to the dead abandoned shell to resurrect it. ASYI is OVER NOW forever !!!
what??? lol. The SEC's decision to revoke ASYI registration has ALREADY BEEN MADE. Finality is the written order that is forthcoming. There is nothing "initial" that has been made. The administrative hearing already occurred. ASYI was revoked by the sec in August. THE TIME PERIOD FOR "SOME TRYING TO MAKE SOMETHING HAPPEN" HAS PASSED, EXPIRED!!!!! The final order will terminate the ticker and the shares. DONE!!! It's over!
No its coming back.
Nope. The sec has already made the order to revoke asyi registration. It just needs to be enforced with a formal record which is due any day now. 0% chance that ASYI is coming back. It's over already. Anyone who has shares will be able to write them off as loss for 2014 because they are not going to get one red cent for them.
Quoted from the "Order"
"I POSTPONE the hearing set for July 14, 2014, and ORDER a telephonic prehearing conference Tuesday, July 29, 2014, at 11:00 a.m. EDT. Any Respondent who wants to appear in person should inform my Office, ALJ@sec.gov or 202 551 6030. I will default any Respondent that does not file an answer, participate in the prehearing conference, or otherwise defend the proceeding. 17 C.F.R. § 201.1 "
Anyone think ASYI responded?
China Fan --keeping ASYI alive! The ticker that won't go away! When the world learns ASYI responded, it's back to .25 or even .80! Beatty's other dead,thrown to the curb shell is already at .08 from no bid on successful merger! G...O....ASYI! I will load HUGE when I see the filing! LOL!
Let's see...a million shares will cost $100.00 or $200.00....hmmmm...maybe I can load half a billion shares all by myself!
They did respond. Do your DD and quit hoping and speculating.
No proof then, huh? Imagine that. I am shocked.
Lol, based on what? The 120 day period ended yesterday. Company didn't respond the SEC. Two of the other seven tickers that didn't respond to the SEC were sent to the graveyard. Same thing will happen here.
Otherwise, please provide your proof that it is coming back.
After the 120 day period, which ended yesterday.
Once again, ASYI did not respond to the order. Proof: http://www.sec.gov/alj/aljdec/2014/id655bpm.pdf
"On July 11, 2014 the Commission issued an Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Exchange Act as to Baeta Corp.,
AISystems, Inc. (a/k/a Airline Intelligence Systems, Inc.), Exchange Act Release No. 72593,
2014 WL 3384641 (July 11, 2014).
Diamondhead was the only Respondent to appear at the July 29, 2014, prehearing
conference."
"At the prehearing conference, I stated that AISystems, Inc. (a/k/a Airline Intelligence Systems, Inc.) (AISystems); China Jianye Fuel, Inc. (China Jianye Fuel); Cordex Pharma, Inc. (Cordex Pharma); Emerald Dairy, Inc. (Emerald Dairy); and Kentucky Energy, Inc. (Kentucky Energy), are in default for not answering the OIP, not participating in the prehearing conference, and not otherwise defending the proceeding."
Diamondhead Casino and Baeta Corp did respond. Also the judge said after the postponement to July 29, 2014, that anyone who did not respond would be revoked. ASYI is still here.
Diamondhead Casino and Baeta Corp did respond. Also the judge said after the postponement to July 29, 2014, that anyone who did not respond would be revoked. ASYI is still here.
The company didn't respond to the SEC order. Two other tickers included in the same order that didn't respond (like ASYI) have been delisted. The same thing is going to happen here.
What do you guys do not get about the fact that the company didn't respond to the order?
I like guarantees. Asyi ticker suppose to be gone Oct 10th. Then the 18th. Now " sometime" this month. Meanwhile Beatty's other dead abandoned shell now as high as .08 on merger...from no bid!!'! Will Asyi rise? Will someone respond to the Sec? I dunno. But if you're gonna guarantee it.., I'll load! Asyi!
Two of the seven tickers that were included in the SEC order along with ASYI have been sent to graveyard. Want to take a guess what ASYI has in common with those tickers? No response to the SEC order.
GUARANTEED, ASYI WILL BE HERE MONDAY.
Dang man. This could be the story of the year if it's alive Monday.
Nice post. What will the conversation be if the ticker is still up Monday. It has been brought to my attention that
Beatty actually completed a merger with his other " dead, abandoned, thrown to the curb " shell. Good call Longmike . Asyi. Monday brings what?
Initial decision and "official" final decision are different. Some trying to make something happen that's now going to happen, imo
Nevada status, right now, a given
This is comin back for sure
Deader than a door nail. That is why there has not been one trade in the last 6 weeks. It's over. The order to revoke occurred on 8/11. All that we r waiting for is the "order of finality." Rule 360 of the SEC mandates 2 time periods to pass. Both have passed so the revocation is imminent. May be Monday, may be Friday, may be next week. Whatever the case, the decision was made and ASYI IS OVER FOREVER!!!
This Initial Decision shall become effective in accordance with and subject to the provisions
of Rule 360 of the Commission’s Rules of Practice. See 17 C.F.R. § 201.360. Pursuant to that
Rule, I FURTHER ORDER that a party may file a petition for review of this Initial Decision
within twelve days after service of the Initial Decision. See 17 C.F.R. § 201.360(b). A party may
also file a motion to correct a manifest error of fact within ten days of the Initial Decision,
pursuant to Rule 111 of the Commission’s Rules of Practice. 17 C.F.R. § 201.111. If a motion to correct a manifest error of fact is filed by a party, then that party shall have twenty-one days to file
a petition for review from the date of the order resolving such motion to correct a manifest error
of fact. The Initial Decision will not become final until the Commission enters an order of
finality. The Commission will enter an order of finality unless a party files a petition for review
or a motion to correct a manifest error of fact or the Commission determines on its own initiative
to review the Initial Decision as to a party.
Nope. The commission already made the OFFICIAL DECISION to revoke ASYI. There is no "waiting for a date" anymore. The order was made and the sec just needs to issue its pending order of "FINALITY." 2 of the 7 suspended in that bulk suspension have already been wiped out. 1 of the 7 did respond to the sec and only 4 remain pending final revocation, ASYI being one of those 4.
Per the SEC's August administrative hearing:
"... It is FURTHER ORDERED that, pursuant to Section 12(j) of the Securities Exchange Act of 1934, the registration of each class of registered securities of AISystems, Inc. (a/k/a Airline Intelligence Systems, Inc.) ... is hereby REVOKED"
" ... If a motion to correct a manifest error of fact is filed by a party, then that party shall have twenty-one days to file a petition for review from the date of the order resolving such motion to correct a manifest error of fact. The Initial Decision will not become final until the Commission enters an order of finality. ..."
http://www.sec.gov/alj/aljdec/2014/id655bpm.pdf
"The decision shall not become final until the Commision issue a final decision "today is October 17,2014. What is your next date WAR!
ASYI STILL IN THE GAME,
Good Riddance. What a pathetic scam this was. Glad I escaped with a profit back in the crazy Birthday Slam reverse merger BS days.
ASYI registration revoked by SEC 8/11/14 (after 6/18/14 sec suspension)
" ... AISystems, Inc. (a/k/a Airline Intelligence Systems, Inc.) (AISystems) ... are in default for not answering the OIP, not participating in the prehearing conference, and not otherwise defending the proceeding ..."
Order
"... It is FURTHER ORDERED that, pursuant to Section 12(j) of the Securities Exchange Act of 1934, the registration of each class of registered securities of AISystems, Inc. (a/k/a Airline Intelligence Systems, Inc.) ... is hereby REVOKED"
" ... If a motion to correct a manifest error of fact is filed by a party, then that party shall have twenty-one days to file a petition for review from the date of the order resolving such motion to correct a manifest error of fact. The Initial Decision will not become final until the Commission enters an order of finality. ..."
http://www.sec.gov/alj/aljdec/2014/id655bpm.pdf
6/18/2014 ASYI SEC suspension order: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103420580
hey golong.....I think we need to move all these folks over to the other play. I mean we waited for so "long" for the merge to happen and the float is so thin....you know as well as I do if these folks jump on that.....we will move very quick!
your call!
I am sure. The sec is so not worried about ASYI and a deadline for delisting. The market is already safe from their perspective since ASYI is in the grey sheet grave yard TEMPORARILY until delisting. I don't know what anyone is celebrating about. ASYI trades no volume because it is in fact long dead already
Do you know what that means (GM CE) it:s next to ASYI on IHUP , (GM CE ) (ASYI)?
The 18th is a Saturday, so if it isn't delisted prior to that, I can guarantee someone will be on here on the 18th crowing that "it's not gone yet!!!" That will be laughable.
FYI, 10/18 is the 120th day. http://www.otcmarkets.com/stock/ASYI/profile
The sec administrative order to terminate registration (delist) is already pending. 0% chance that ASYI will survive being delisted and thrown in the garbage. The fact that it was not the 1st out of the 7 is completely meaningless.
ASYI was already revoked by NVSOS prior to the sec suspension. That revoked Nevada status is what assisted the sec in their decision to suspend under section 12k.
They ASYI ticker will be terminated VERY shortly. The sec already has an administrative order to purge it within 120 days of suspension. 10/18 is the 120th day. Will it happen on that exact date? Probably not, may be before, maybe shortly thereafter. Whatever the case, the order for revocation is already pending.
asyi...revoked
http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=AGsRuMnJ8g%252f1CZ4A213Mtw%253d%253d&nt7=0
To infinity and beyond!!!!!!!!!!!!!!!!
LOL! Hello Oct. 10Th! What's up ASYI ticker!?
So funny: "1 out of 7 of those dead shells that were suspended along with ASYI has already reached the delisting chopping block."
1 out of 7! Odds are looking better for ASYI to have survived as a ticker this long. Come on .80!!
LOL!
Yea surprisingly old Beatty closed on another merger. Left old ASYI standing in the doorway with nothing but old memories.
0% chance. Do we really believe that the sec suspended ASYI and gave ASYI so many days to respond and ASYI refused too, yet the sec and ASYI are going to become best friends and the revocation will we voided? Come on. 1 out of 7 of those dead shells that were suspended along with ASYI has already reached the delisting chopping block.
ASYI has seen next to no volume since sec suspension because any buys of ANY shares is like donating money to a non-cause. NO ONE will EVER get their money back if they dare to buy this truly worthless paper during the last days or weeks of its life.
Here is ALL of the ASYI volume since 6/18
$0.00 254,500 OTO 09/04
$0.0001 1,000,000 OTO 07/02
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Aisystems, Inc. Background History: AISystems, Inc. (the "Company") was incorporated in Nevada on February 22, 2005 under the name Wolf Resources Inc. On March 19, 2010, the Company acquired Airline Intelligence Systems Inc. ("AIS"), a development stage company based in the state of Washington which focused on software development for the airline industry.
On September 7, 2011, Dynamic Intelligence Inc. ("Dynamic") provided the Company with a Notice of Non-Renewal, pursuant to an Intellectual Property Agreement (the "Agreement") entered into by the parties on December 9, 2005. Pursuant to the terms of the Agreement, the term of the Agreement would be automatically and continuously extended in one (1) year increments unless either party provided notice of non-renewal at least ninety (90) days before the end of the then-current term. Due to Dynamic's Notice of Non-Renewal, the Agreement will not renew on December 9, 2011. Appointment of Jeff Robinson On March 14, 2012 a majority of the board of directors of the Company approved the appointment of Jeff Robinson as Chairman of the Board of Directors.
Resignations of David Greenberg, Steve Frankel and James Beatty On March 15, 2012, David Greenberg, Steven Frankel and James Beatty each resigned from their positions as members of the board of directors of the Company. Neither David Greenberg's or Steven Frankel's or James Beatty's resignation was the result of any disagreement with the Company on any matters relating to the Company's operations, policies or practices.
Appointment of Jeff Coe On March 23, 2012 the board of directors of the Company approved the appointment of Jeff Coe as the Chief Operating Officer of the Company. Jeff Coe has not entered into an employment agreement with the Company.
Resignation of Jeff Robinson On April 20, 2012, Jeff Robinson resigned from his position as director and Chairman of the Board of the Company. The resignation was not as a result of any dispute with the Company, its Officers, or Board of Directors.
Appointment of James Beatty On April 20, 2012, the Board of Directors of the Company appointed James Beatty to serve on the Company's Board of Directors. June 2012 ASYI Raised their A/S to 5 BILLION Shares
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