Asyst Technologies, Inc. (fka ASYTQ)

[ctrumabll]

Just in case anyone was maintaining a fantasy that there would be any return to the stuckholders, this puts a fork in it.

[timo2]

New Docket 669

http://dm.epiq11.com/ATI/Docket/#Debtors=692&RelatedDocketId=&ds=true&maxPerPage=25&page=1

[ctrumabll]

ASYTQ is making a run towards $0.02. Once we break past $0.02 again, ASYTQ could reach $0.10 or better.

Soooo... What happened?

[trader53]

Docket # 668

Docket #668

11/02/2012

Operating Report
for Filing Period
July 1, 2012 Through September 30, 2012

Filed by Trustee Other Prof Scouler & Company, LLC,
as Liquidating Trustee (Israel, Harold)


Case: Asyst Technologies, Inc.



http://dm.epiq11.com/ATI/Docket/#Debtors=692&RelatedDocketId=&ds=true&maxPerPage=25&page=1

Asyst Liquidation Trust
Trustee Report
July 1, 2012 – September 30, 2012


ASYST LIQUIDATION TRUST TRUSTEE REPORT FOR THE PERIOD
JULY 1, 2012 THROUGH SEPTEMBER 30, 2012

The Asyst Liquidation Trust holds two accounts at Chase bank,
a checking account and a savings account.

On July 1, 2012
the consolidated balance
of the Asyst Liquidation Trust
checking account and savings
account was $317,873.55

The savings account accrued $183.06 of interest
during the months of July through September.

As of September 30, 2012
the consolidated balance
in the Asyst Liquidation Trust checking
and savings account was $284,991.25

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.

This Case is still open !

The case is pending
and the Trust is currently engaging
in settlement discussions.

[trader53]

Docket #667 08/02/2012 Operating Report

for Filing Period
April 1, 2012 Through June 30, 2012
Filed by Trustee Other Prof Scouler & Company, LLC,
as Liquidating Trustee (Israel, Harold)


Asyst Liquidation Trust
Trustee Report
April 1, 2012 – June 30, 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 April 1, 2012 the consolidated balance of the Asyst Liquidation Trust checking account and savings account
was $350,558.34 (please see Exhibit – A1).

A detailed list of expenditures by the Trust during the period
covered by this report is set forth on Exhibit – D. There were no receipts deposited within the checking or savings accounts during the months of April through June. The savings account accrued $203.26 of interest during the months of April through June.
As of June 29, 2012 (the 30th was a Saturday) the consolidated
balance in the Asyst Liquidation Trust checking and savings account was $317,873.55 (please see Exhibit –
A2).

[trader53]

Brooks Automation Announces Agreement to Acquire Crossing Automation Inc.


October 29, 2012
Brooks Automation Announces Agreement to Acquire Crossing Automation Inc.
http://crossinginc.com/news/brooks-automation-announces-agreement-acquire-crossing-automation/

[ctrumabll]

No Claims to report

I'm surprised that, in your successful career as a wealth manager, you never read a Bankruptcy filing. Here's a hint: "No Claims to Report" listed under "disputed claims" does not mean that there are no claims...

In fact, if you actually looked at that document, you would have found eight unsatisfied claims in it.

[ctrumabll]

Currently at 0.0099c, any day now, it will reach 0.035c

If you need to triple some $$Money, this is where you can do it.


So, how did that work out for you?

[Sharktnk]

ASYTQ Asyst Technologies, Inc. Common Stock 9/29/2011


Plan of Bankruptcy Effective.


All shares have been cancelled.

Deletion Time: 11:03:32 **

http://www.otcbb.com/asp/dailylist_detail.asp?d=09/29/2011&mkt_ctg=ALL

[trader53]

ASYTQ: Valuing a Shell Stock >

MAJOR CONSIDERATIONS

ASYTQ - Yes
•SEC Reporting: it must report regularly to the SEC. This is known as a "reporting company." We want to be able to verify information about the company from public/legal filings . . . not by word of mouth or rumor. Believe it or not, there are public companies that are non-reporting.

ASYTQ - Yes•Clean: it has little or no debt, no pending law suites, and little or no outstanding convertible securities (preferred stock or warrants). We don't want anything that can complicate the reverse merger.

ASYTQ - Yes
•Small Number Of Outstanding Shares: the smaller the number of outstanding shares, the better. A smaller number of outstanding shares lessens the chance of a Reverse Stock Split. A Reverse Stock Split can lessen the chance of price appreciation.

ASYTQ - Yes
•Low Market Value: basically, this is the buy low sell high rule. A Shell Stock with a low Market Value will have a greater chance of price appreciation than one with a high Market Value. (Market Value = price X shares outstanding). NOTE: the Profile List by Market Value sorts the Shell Companies from low to high Market Value.

ASYTQ - Yes
•Cash On Hand: some Shell Companies have cash remaining from their previous business endeavors. Having cash to fund the new company's business plan will attract high quality candidates.


http://www.shellstockreview.com/ssr-valuing-a-shell-stock.html

[trader53]

ASYTQ is a "Clean Shell" >

DEFINITION OF “SHELL COMPANY”

Rule 144(i)(1) defines a shell company as a company± that is now or at any time previously has been an issuer, that has:

(A) No or nominal operations; and
(B) Either:
(1) No or nominal assets;
(2) Assets consisting solely of cash and cash equivalents; or
(3) Assets consisting of any amount of cash and cash equivalents and nominal other assets;


Docket #666
5/11/2012
Operating Report

As of March 30, 2012
the consolidated balance
in the Asyst Liquidation Trust
checking and savings account
was $350,558.34

No Claims to report

[trader53]

ASYTQ

I don't see a #

Sept. 28, 2011

$ 0.0058

http://www.investorpoint.com/stock/ASYTQ-Asyst+Technologies+Inc./price-history/

[trader53]

ASYTQ > Very smart >

to be holding on to them, IMO

[trader53]

Docket #666 5/11/2012 Operating Report >

for Filing Period

JANUARY 1, 2012 THROUGH MARCH 31, 2012
Filed by Trustee Other Prof Scouler & Company, LLC, as Liquidating Trustee (Danker, Ashleigh)

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


Chapter 11 Bankruptcy Case, NOT closed yet.



UNITED STATES BANKRUPTCY COURT
NORTHERN DISTRICT OF CALIFORNIA
OAKLAND DIVISION

ASYST LIQUIDATION TRUST TRUSTEE REPORT FOR THE PERIOD
JANUARY 1, 2012 THROUGH MARCH 31, 2012


Asyst Liquidation Trust
Trustee Report
January 1, 2012 – March 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 January 1, 2012 the consolidated balance of the Asyst Liquidation Trust checking account and savings account was $372,052.60 (please see Exhibit – A1).

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 deposited within the checking account during the months of January through March was $8,082.86.

There were no receipts deposited within the savings account during the months of January through March.

The savings account accrued $217.59 of interest during the months of January through March.

As of March 30, 2012 (the 31st was a Saturday) the consolidated balance in the Asyst Liquidation Trust checking and savings account was $350,558.34 (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.

[trader53]

ASYTQ- Active as of May 15, 2012

Bankruptcy Case Status - Not Closed Yet

Asyst Technologies (ASYTQ) 15-12G Filer

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, May 11, 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


15-12G & Shell Plays
http://investorshub.advfn.com/boards/board.aspx?board_id=7145


Asyst Technologies Inc. (ASYTQ) SEC Filings -
http://www.investorpoint.com/stock/ASYTQ-Asyst+Technologies+Inc./sec-filings/

[levelnever]

Hey SK, been a little while, been reading David Feldman's comments on his RM blog, interesting stuff. Could seasoning lead to desire for RM stocks to trade soon? That's what he seems to imply. Might this actually not be so bad for the shells we have been dealing with, intersting perspective. For stocks that we tend to focus on may not be bad. Of course, whether your broker will even let you trade it is a whole other debate :)

http://www.reversemergerblog.com/2011/11/21/sad-thoughts-about-seasoning-part-iii/

3. Sorry to say for my clients, but shells that trade will grow in attractiveness vs. those that do not trade, if it is important to start the clock on seasoning with OTC trading as soon as possible. Non-trading shells take a few months post-merger before trading commences.

and this on the OTC in general, for the legit plays.

In this posting, let’s list the winners:
1. OTC Markets and the OTC Bulletin Board – more companies will list there, and will list longer, because they are being denied the right of uplist for the one year.

Overall, he has a sunnier viewpoint on the changes, especially for active trading shells in the OTC land. Not sure, all of what I think of his viewpoint, but definetly some solid points in there.
http://www.reversemergerblog.com/2011/12/04/deck-chairs-shift-but-ipo-alternatives-remain-viable/

And as some of his more recent posts attest, people will always look to carve out exceptions.

[trader53]

This whole case interests me from a learning perspective,
in addition to the shares I had bought. Just by following the events, I have learned a lot, and that is worth the time that I have spent watching and reading about it.

I'll continue to follow it, until I see the words "Case Closed", I think.

[$hellKing]

Yes that part bothers me. A lot of these issues wouldnt happen if they would just clean house directly and get rid of the shares fast like they are supposed to. I believe thats why they are playing catch up. The market is changing and changing fast on the OTC. It won't be like it used to be. They are closing the doors of diff avenues.


But all they will tell you is the OTC is risky and you shouldnt of took the risk of buying a BK pink. They don't see it like we do. They don't see it as a shell and possible money maker or something shell hunters put money into. They look at it as a co that's dead and most people down 90+% and no one will care of a deletion.

[$hellKing]

They have been cleaning house the past few years but especially with BK's this year and last year. I think they were playing catch up and just started knocking out all the BK's. But having them reinstate it will be the trick. Do you have a lot of shares to even make it worth your time? And if they were pressured to do it they could always RS it immediately and take the co private and keep the money that way.


I usually just write these things off. And I've had some really odd things happen to me with stocks. I just let karma take these askholes out.

[trader53]

How ASYTQ could get listed on an exchange or market again >

To become an OTCQX, OTCQB or OTC Pink company, at least one market maker must quote the company's securities on the OTC Link interdealer quotation system. Unlike stock exchanges, the OTC market does not have a way for companies to list their own stock for trading. Market makers begin quoting new securities on OTC Link by submitting a Form 211 with the Financial Industry Regulatory Authority (FINRA). In some cases, there may be an exemption available that permits a market maker to begin quoting a stock without filing a Form 211. Generally, this happens when the market maker is already quoting the stock in another market center or if the market maker is only representing an unsolicited customer order, not making a market. For more information, see:

Finding A Market Maker to Sponsor Your Company
Only SEC-registered broker-dealers (market makers) that are members of FINRA can quote securities in the OTC Link system. There are over 150 market makers that participate in the OTC Link system today. Only one market maker quotation is required to start trading. OTC Markets cannot recommend specific market makers. However, market makers included in our 211 Market Maker List welcome potential issuers to contact them to discuss making a market in their company's stock.

Not all market makers are willing to sponsor a new security and file a Form 211. Many market makers will begin to quote a security only after it another firm does the paper work to get the stock on OTC Link. After 30 days, the newly quoted stock becomes "piggyback qualified" and any market maker can begin quoting without filing the Form 211.

Listing Requirements and Fees
There are no listing requirements for the OTCQB or OTC Pink tiers. The OTCQX tier has both qualitative standards and minimum financial requirements.

While there is no requirement that OTC Pink companies continue to provide updated financial information to OTC Markets; federal securities law requires that adequate current information must be publicly available when an issuer's securities are traded in the OTC market under the following circumstances:

http://www.otcmarkets.com/companies-advisors/otc-trading

[trader53]

Something to consider about ASYTQ >

It's a fact, that the company's 8-K stated, that the shares would NO longer trade on any exchange, or market after having been cancelled, and suspended from trading on the NASDAQ,

but, in fact, the shares were picked-up by the Market Makers and the shares traded on the Pink Sheets OTC market, right after the shares were said to be suspended and cancelled.

That tells me that the Market Makers saw the opportunity to maintain a market for the shares, as there were willing investors and traders interested in trading the shares.

I have to wonder, with sheer curiousity, if the Market Makers will again maintain a market for the shares by filling out the Form 211 that FINRA has told me, is all that is required to get the shares trading on the markets and exchanges once again, especially if there is any inkling of a "Reverse Merger" plan, or rumor about.

[trader53]

You've no doubt heard the expression "Loose lips, sink ships".

I wouldn't be surprised if ASYTQ's shares, even though they were cancelled, were "Under the Radar", so to speak, not being noticed by FINRA, perhaps because of the large number of Bankruptcy cases with cancelled shares, and that perhaps someone contaced FINRA letting them know about the shares being cancelled.

In effect, someones effort at contacting FINRA, may have been the reason FINRA became aware of the cancelled shares, and had the OTC delete the shares.

Just my plausible explaination for consideration. Not fact.

Any thoughts ?

[trader53]

ASYTQ Sequence of events:

Chapter 11 Bankruptcy Case, NOT closed yet.
__________________________________________________________________

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
_________________________________________________________________

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. __________________________________________________________________


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

__________________________________________________________________

I received the following e-mails from the OTC

__________________________________________________________________

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
__________________________________________________________________

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?
__________________________________________________________________

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]
_________________________________________________________________

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,
__________________________________________________________________

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]
__________________________________________________________________

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,
__________________________________________________________________
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

_________________________________________________________________
03/12/2010
Shares of Asyst Technologies, Inc. (ASYTQ) begin trading on the Pink Sheets OTC Market, after Market Makers begin making a market in the issue, even though the shares were cancelled by the court, and were cancelled and will forever cease trading on any securities exchange or market.
_________________________________________________________________

03/12/2010
Shares of Asyst Technologies, Inc. (ASYTQ) are suspended, and no longer trade on the NASDAQ Market.
__________________________________________________________________

03/12/2010
Form 8-K
Regulation FD Disclosure

As previously reported on Form 8-K filed with the SEC on April 24, 2009,
Asyst Technologies, Inc. filed for protection under Chapter 11 of the United States Bankruptcy Code on April 20, 2009
(Case Number 09-43246-RJN), in the United States Bankruptcy Court for the Northern District of California (Oakland).

As of September 1, 2009, Asyst Technologies, Inc. concluded the sale transactions of all U.S. assets related to Fab Automation, Connectivity Software, and AMHS that were previously disclosed in
a press release dated July 31, 2009. Asyst Technologies, Inc. has ceased all commercial business operations effective September 1, 2009.

The Company commenced the Plan of Liquidation solicitation process on or about December 28, 2009 by distributing a solicitation package that included the Plan and Disclosure Statement dated December 23, 2009, notice of the Confirmation Hearing, a ballot, and a postage paid return envelope to all
parties entitled to vote to accept or reject the Plan. The Plan was approved by the United States Bankruptcy Court for the Northern District of California (Oakland) on February 18, 2010. The Order approving and confirming the Plan and Disclosure Statement as well as the Disclosure Statement are attached as Exhibit 99.1 and incorporated herein by reference.


On March 10, 2010, Asyst filed with the United States Bankruptcy Court for the Northern District of California (Oakland) a Notice of Plan Effective Date. The Notice filed with the Court highlighted the Plan effective date of March 5, 2010 and is attached as Exhibit 99.2 and is incorporated herein by reference. Notice is further given that pursuant to 8.1.2 of the Plan, all shares of stock in Asyst were cancelled and will forever cease trading on any securities exchange or market.

http://www.investorpoint.com/stock/ASYTQ-Asyst+Technologies+Inc./sec-filings/

[trader53]

After reading this >

(see below)

I've come to the conclusion that anything can happen in the world of "shell companies" and "Reverse Mergers".

Strange things happen all the time, and go against the normal path of thinking when it comes to "deals" within the R/M realm.

With the Bankruptcy case of Asyst Technologies,Inc. still not closed, still submitting "Operating Reports", not having completed its Wind-Down Reserve Fund, and showing $372,000 in cash, I think its still too early to conclude that nothing more can happen with regard to shareholders, a Reverse Merger, or anything else for that matter.
________________________________________________________________

Law Firm Gets Shell Company As Payment
By Bill Meagher
February 03, 2012 3:49 AM PST

The law firm of ___________is now the owner of a shell company called _______________ ,after receiving shares in the company as payment for legal services.


________________________________________________________________

[trader53]

The order of events begs curiousity >

Sequence of events:

Chapter 11 Bankruptcy Case, NOT closed yet.
__________________________________________________________________

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
_________________________________________________________________

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.
__________________________________________________________________


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

__________________________________________________________________

I received the following e-mails from the OTC

__________________________________________________________________

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
__________________________________________________________________

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?
__________________________________________________________________

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]
_________________________________________________________________

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,
__________________________________________________________________

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]
__________________________________________________________________

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,
__________________________________________________________________
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

__________________________________________________________________

[$hellKing]

My guess is someone with the co doesnt want to share that 300-400k if they dont have to. A lot of these cos just go quiet and leave the trading shell and hope it gets revoked or deleted.

[$hellKing]

Ive seen a lot of stocks trade for years and shares have technically been canceled. Probably a bunch 5-10 years after. Strange that the case is still open yet the stock was deleted. But wonder who the person was that requested it.


But you still may be out of luck with the issue in the long run. But there is nothing you can really do but wait and see. But no harm in looking into it.

[Sharktnk]

A revisit ...

Expert: Tad Borek - 10/24/2010


Question
Hi, can you help me out on this question. Well I have a "Q" stock that's in BK. This stock play ASYTQ went into BK last April 2009, by January 2010 they have a CH.11 Liquidation Plan that was approved by the courts. Now in this plan it states this, "On the Effective Date, all shares of stock in ATI will be cancelled and will forever cease trading on the NASDAQ OTC Bulletin Board (“ OTCBB ”) or any other securities exchange or market." Also in the plan it states that thy will file a form 15 on or prior to the effective date. It was actually filed after the effective date and the form 15 says that they suspended registration of the stock with the SEC. Form 15 was file in March 2010. Yet in the last 8K March 2010 it states this, "Asyst’s common stock was cancelled and has no future value in connection with the bankruptcy proceeding" Here is my question: Is this stock going to be canceled when they come out of BK or if a R/M is offered? Or is that wording that just put into the plan identifying when they first went into BK in 2009? Because this stock is still trading right now and I'm looking for a new inside look at this. Thanks for any help!

Answer
Hi Sammie-
Thanks for your question - believe it or not questions about stocks in bankruptcy are some of the most frequent ones I get on this site.

Based just on what you've written (I haven't verified any of this) it sounds like your stock was officially toast as of March 2010. It couldn't really be much clearer than "common stock was canceled and has no future value."

Given that this is a Chapter 11 reorg, you may eventually see new shares of stock in the company trade on an exchange. But those shares might as well be in a completely different company - in effect, it is a different company and they have nothing to do with the canceled shares. Canceled means...well, canceled. Kaput, toast, gone, etc. Fundamental to bankruptcy is that the equity shareholders are wiped out when the BK plan includes cancellation (as it almost always does).

It's common to see those original shares continue to trade for a variety of technical reasons, including the large number of people who for whatever reason buy them despite the fact that they're worthless. A big example of this was the special stock for the bankruptcy assets of GM which were clearly described as having no value...including a special notice by the SEC:
http://www.sec.gov/investor/alerts/bankruptcygmalert.htm

So a BK company's shares can bop around for pennies or nickels a share for quite some time. At a certain point they simply won't be tradeable anywhere though. It would surprise me if that isn't the case already for a stock whose registration as a security was suspended in March.

-Tad


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62153826

[Sharktnk]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62353219

[trader53]

gm $hellKing > on ASYTQ >

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72004620

[trader53]

gm chessman > ASYTQ >>

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72004620

[trader53]

FINRA was really late in their announcement.

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:
__________________________________________________________________

I received the following e-mails from the OTC__________________________________________________________________

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
__________________________________________________________________

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?
__________________________________________________________________

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]
_________________________________________________________________

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,
__________________________________________________________________

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]
__________________________________________________________________

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,
__________________________________________________________________


Notice from FINRA dated September 29th, 2011:
Attn: Trading and Market Making/Legal and Compliance/Operations/Systems
UNIFORM PRACTICE ADVISORY (UPC #68-11) September 29, 2011
Asyst Technologies, Inc. (ASYTQ)

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.

[chessman]

Sharky ...

Thanks for your "help," but I am not being misled. I just simply am surprised and intrigued about the idea that this company may rise from the ashes as a shell or something similar and that the shares may be resurrected. I already accepted the idea that the shares have been cancelled (but I didn't write them off yet), but you never know. So, I will simply wait and see.

Chessman

[Sharktnk]

Don't be mislead, this is what FINRA had to say Sept. 29th, 2011:

Notice from FINRA dated September 29th, 2011:

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


Be sure to avail yourself of the history here, it's telling in more ways than one.

[trader53]

The one thing that FINRA made perfectly clear to me about ASYTQ,

is that someone (a Market Maker, or the company ),can fill out a Form 211 , and be able to get the shares trading again.

It doesn't matter that the shares were cancelled !

The shares had been cancelled on March 5, 2010.

The shares continued to trade on the Pinks, because a Market Maker was maintaining the Bid and Ask, as there were willing participants, willing to trade the stock.

The stock traded for all of 2010, and most of 2011, even though the shares were cancelled.

They don't trade any longer, only because FINRA instructed the OTC to Delete the shares, at the request of some outside party.


I called, and spoke to FINRA myself.

They said that someone requested that the shares be Deleted from the OTC Market.

They explained to me that all someone needs to do to get the shares trading again, is fill out the Form 211.

In other words, if the company, or a Market Maker had a reason for the shares to be trading on the Market, this is the step they would take.

If a Reverse Merger was being planned, by ASYTQ and another company, this is how they would begin.

[chessman]

Excellent post and DD! Thank you!

[trader53]

I called "Finra" myself >

right after the announcement that the OTC deleted the ticker symbol.

Finra told me that they had received a request from someone to have the symbol deleted. Finra then contacted the OTC, and the OTC deleted the symbol.

Finra said that the symbol could be reinstated if someone at the company or another party filed a Form 211.

Do I think the ticker was deleted prematurely?
Yes, I do.

I have read all about "Reverse Mergers" with "Shell" companys, so I know some things about how they are formed, and the steps that need to be taken to get them formed.

I'm NOT a corporate lawyer though, so I don't know if at this point, it is conceivable, or if it has even been contemplated.

What I do know, is that there appears to be something goig on, because I am seeing that the company is still in Bankruptcy, the Case is not closed, the company has cash of $372,000...and it has NO claims, and NO assets other than cash and a hard drive with financial information on it, that is being kept by the Trustee.

Crossing Automation, the Private ompany that has a lot of ties to the company, had objected to the "Plan of Confirmation".

Asyst, by all intents and purposes, is a "clean Shell", having no assets, liabilities, or claims.

I don't know if a Reverse Merger will happen between these two companies, but all the clues of the two forming a R/M are there.

Could the "Plan",of a R/M have been taking place behind the scenes throughout this entire Bankruptcy process? Absolutely.

Are the canelled shares able to regain their intact status?
Absolutely.

Is the company a "shell" ? Yes.

The lawyers in this case,have not answered my e-mails, so I am not able to find out much about what's going on.

In the meantime, I keep reading all the public records on the case as they are released, and post them to the board for all to read.

Obviously, if anyone had shares in ASYTQ, and thought they were worthless because they were deleted, and took the Tax-Loss at the end of last year, no longer owns the shares. If on the otherhand, a shareholder, did not take a Tax-loss, and still holds the shares in their brokerage account, they are entiltled to all the benefits that they as shareholders will get, if a Reverse Merger is formed, and the shares are said to be "in-tact" by direction of the court.

For now at least, the Bankruptcy Case is still ongoing, the company has $372,000 in cash, the "WindDown Resrve Fund" has not been completed as it needs to be, in order for the Confirmation Plan to be in place, from my interpretation, and so,in my view,
a R/M is still a possibility, and the deletion of the shares may have been a formality, either to get existing shareholders to take a Tax-Loss, so as to reduce the number of shares outstanding,
or, because a Market Maker would not make a market in the shares because of some reason they have.

If the shares were deleted, with the intent to get shareholders to take a Tax-loss, thereby reducing the number of shares held by the public, then it benefits a R/M, because there are fewer shares. The company has a great share structure of only 50 Million shares outstanding, making it a good R/M candidate.

Hope this helps you understand a little.

Thanks for your interest $hellKing

[$hellKing]

So you think they deleted it prematurely? This would have to be reinstated again. Havent seen that happen too many times but it does happen I suppose.

[Sharktnk]

They are cancelled, there is nothing to 'tact' to.

Here is the CUSIP # 04648X107

Look it up here:

http://activequote.fidelity.com/mmnet/SymLookup.phtml?reqforlookup=REQUESTFORLOOKUP&productid=mmnet&isLoggedIn=mmnet&rows=50&for=stock&by=D&criteria=04648X107&submit=Search

[trader53]

"If" the Confirmation Order may be vacated by the Court >

and "If" the Confirmation Order is vacated, and the Plan shall be "null and void in all respects", then in my opinion, it is conceivable that the court just might allow the cancelled shares to remain "intact".

This Bankruptcy Case is NOT closed yet.
__________________________________________________________________



DEBTOR’S PLAN OF LIQUIDATION
DATED DECEMBER 23, 2009
UNDER CHAPTER 11 OF THE BANKRUPTCY CODE

page 32

9.1 Conditions to Consummation
The Plan may not be consummated, and the Effective Date shall not occur, unless and until each of the conditions set forth below is satisfied. Except as provided in Section 9.2, anyone or more of the following conditions may be waived:

1. The Lenders have reviewed and approved of the proposed Confirmation Order;

2. The Confirmation Order shall have become a Final Order;

3. The Wind-down Budget is completed; and

4. The Debtor and/or Liquidation Trust have sufficient Cash on hand (or investments projected by the Debtor to provide timely Cash) to make timely Distributions sufficient (including allocating Cash to reserves as provided in the Plan) to make payments in respect of all allowed Administrative Claims, and allowed Fee Claims required as of the initial Distribution Date.

9.2 Waiver of Conditions to Consummation
Other than the requirement that the Confirmation Order must have become a Final Order and the Debtor and/or Liquidation Trust must have sufficient Cash on hand, none of which can be waived, the requirement that a particular condition be satisfied may be waived in whole or part by consent of the Debtor, after consulting with KeyBank, without notice or hearing.

9.3 Effect of Nonoccurrence of the Conditions to Consummation
If each of the conditions to consummation and the occurrence of the Effective Date has not been satisfied or duly waived thirty (30) days after the Confirmation Date, or such later date as shall be agreed by the Debtor, after consulting with KeyBank, the Confirmation Order may be vacated by the Court. If the Confirmation Order is vacated, the Plan shall be null and void in all respects, and nothing contained in the Plan or otherwise shall constitute a waiver or release of any Claims by or against, or Interests in, the Debtor.

[trader53]

The "Wind-Down Reserve and Distribution Fund", has NOT been completed yet. >

9.1 Conditions to Consummation
The Plan may not be consummated, and the Effective Date shall not occur, unless "The Wind-down Budget is completed", thirty (30) days after the Confirmation Date.



Docket #665 2/6/2012
Operating Report for Filing Period

OCTOBER 1, 2011 THROUGH DECEMBER 31, 2011
Filed by Trustee Other Prof Scouler & Company, LLC, as Liquidating Trustee (Danker, Ashleigh)

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


Chapter 11 Bankruptcy Case, NOT closed yet.

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.




ARTICLE 9—CONDITIONS TO CONFIRMATION AND CONSUMMATION

_________________________________________________________________

"If the Confirmation Order is vacated, the Plan shall be null and void in all respects,"

__________________________________________________________________

FORM 8-K
March 10, 2010

On March 10, 2010, Asyst filed with the United States Bankruptcy Court for the Northern District of California (Oakland) a Notice of Plan Effective Date. The Notice filed with the Court highlighted the Plan effective date of March 5, 2010 and is attached as Exhibit 99.2 and is incorporated herein by reference.



DEBTOR’S PLAN OF LIQUIDATION
DATED DECEMBER 23, 2009
UNDER CHAPTER 11 OF THE BANKRUPTCY CODE

page 32

9.1 Conditions to Consummation
The Plan may not be consummated, and the Effective Date shall not occur, unless and until each of the conditions set forth below is satisfied. Except as provided in Section 9.2, anyone or more of the following conditions may be waived:

1. The Lenders have reviewed and approved of the proposed Confirmation Order;

2. The Confirmation Order shall have become a Final Order;

3. The Wind-down Budget is completed; and

4. The Debtor and/or Liquidation Trust have sufficient Cash on hand (or investments projected by the Debtor to provide timely Cash) to make timely Distributions sufficient (including allocating Cash to reserves as provided in the Plan) to make payments in respect of all allowed Administrative Claims, and allowed Fee Claims required as of the initial Distribution Date.


9.2 Waiver of Conditions to Consummation

Other than the requirement that the Confirmation Order must have become a Final Order and the Debtor and/or Liquidation Trust must have sufficient Cash on hand, none of which can be waived, the requirement that a particular condition be satisfied may be waived in whole or part by consent of the Debtor, after consulting with KeyBank, without notice or hearing.


9.3 Effect of Nonoccurrence of the Conditions to Consummation

If each of the conditions to consummation and the occurrence of the Effective Date has not been satisfied or duly waived thirty (30) days after the Confirmation Date, or such later date as shall be agreed by the Debtor, after consulting with KeyBank, the Confirmation Order may be vacated by the Court. If the Confirmation Order is vacated, the Plan shall be null and void in all respects, and nothing contained in the Plan or otherwise shall constitute a waiver or release of any Claims by or against, or Interests in, the Debtor.

[trader53]

The Cost of a "Non-trading Shell" >

ASYTQ has $372,052.60

As of December 31, 2011 the consolidated balance in the Asyst Liquidation Trust checking and savings account was $372,052.60

Chapter 11 Bankruptcy Case, NOT closed yet.
http://dm.epiq11.com/ATI/docket/Default.aspx?rc=1





Types of Public Shell Companies

> The Cost of a "Non-trading Shell"

"Pink Sheet", often referred to as "pinks", shell companies are listed by the National Quotation Bureau (NQB). Neither the NASD nor the SEC require Pink Sheet companies to maintain current reporting status nor undertake costly annual audits. Pink Sheet shell companies also come in various forms and packages, including some that are currently trading and others that are non-trading.

Cost: (non-trading) $50,000 - $150,000, plus 5 - 20% retained equity ownership


The most popular type of public shell for conducting a reverse merger is the OTC Bulletin Board public shell vehicle. The OTC Bulletin Board is operated by the National Association of Securities Dealers (NASD) and requires that all companies whose stock is traded on the OTC Bulletin Board (or Nasdaq or Amex) maintain their current reporting status with the Securities and Exchange Commission (SEC), which includes current audited financial statements. OTC Bulletin Board shells come in various forms and packages, with some currently trading and some non-trading.

Cost: (non-trading) $150,000 - $250,000, plus 5 - 20% retained equity ownership


http://www.stagfinancialgroup.com/shells.htm

[trader53]

ASYTQ- Active as of February 10, 2012

Bankruptcy Case Status - Not Closed Yet

Asyst Technologies (ASYTQ) 15-12G Filer

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


15-12G & Shell Plays
http://investorshub.advfn.com/boards/board.aspx?board_id=7145


Asyst Technologies Inc. (ASYTQ) SEC Filings -
http://www.investorpoint.com/stock/ASYTQ-Asyst+Technologies+Inc./sec-filings/

[Sharktnk]

Notice from FINRA dated September 29th, 2011:


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

[Sharktnk]

What is a UPC (Uniform Practice Code Advisories)?

UPC Advisory Information


Uniform Practice Code Advisories are notices which are issued pertaining to unusual circumstances such as extremely large dividends, when-issued settlement dates, ex-interest dates for bonds, worthless securities, cancelled IPOs, etc. Their intent is to announce rulings, interpretations, exemptions and advisories on these subjects in order to facilitate the transaction of a member's day-to-day business and to eliminate business disputes and misunderstandings which may arise from uncertainty and lack of uniformity in such matters.


The subjects addressed in the Uniform Practice Code Advisories are subject to the provisions of the FINRA Uniform Practice Code (Rule 11000 Series) which is administered by FINRA Operations. They appear on the FINRA Web site to facilitate a member's compliance with FINRA regulations.

http://www.finra.org/Industry/Compliance/MarketTransparency/UPC/Advisories/P085408

[Sharktnk]

Notice from FINRA dated September 29th, 2011:

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

[trader53]

ASYTQ - Types of Public Shell Companies

There are numerous types of public shells available. Some are trading, some are not trading. Some report to the Securities and Exchange Commission while others remain non-reporting. Some even have cash on hand and are looking for just the right private operating company to conduct a reverse merger.

OTC Bulletin Board
Cost:
(non-trading) $150,000 - $250,000, plus 5 - 20% retained equity ownership
(trading) $250,000 - $800,000+, plus 5 - 20% retained equity ownership


NQB Pink Sheets
Cost:
(non-trading) $50,000 - $150,000, plus 5 - 20% retained equity ownership
(trading) $100,000 - $200,000, plus 5 - 20% retained equity ownership


http://www.stagfinancialgroup.com/shells.htm


ASYTQ has $372,052.60

Chapter 11 Bankruptcy Case, NOT closed yet.
http://dm.epiq11.com/ATI/docket/Default.aspx?rc=1

As of December 31, 2011 the consolidated balance in the Asyst Liquidation Trust checking and savings account was $372,052.60

[trader53]

ASYTQ has $372,052.60

Chapter 11 Bankruptcy Case, NOT closed yet.
http://dm.epiq11.com/ATI/docket/Default.aspx?rc=1



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.

[trader53]

ASYTQ > DEFINITION OF “SHELL COMPANY”

http://www.rule144solution.com/ShellCompany.asp

If the shell company does not have a symbol, an application for a symbol is usually made to the NASDAQ Bulletin Board. The application for a symbol requires filing a Form 211 by a market maker that is a member of the NASD. The Bulletin Board has no financial requirements. A listing will be granted if the affairs of the company are in order and the company answers the questions posed by NASDAQ.






THE REVERSE MERGER WIRE
http://reversemerger.dealflow.com/

Public Shells & Reverse Mergers
http://www.gopublicdirect.com/public-shell-reverse-merger

The Reverse Merger Process
http://www.stagfinancialgroup.com/shells.htm

REVERSE MERGERS
http://www.artfieldinvestments.com/us_services

What is a Reverse Merger?
http://www.stagfinancialgroup.com/rmerger.htm

DEFINITION OF “SHELL COMPANY”
http://www.rule144solution.com/ShellCompany.asp

Reverse Merger Blog
http://www.reversemergerblog.com/

What is a Reverse Merger with a Public Shell?
http://www.gopublic.com/about-reverse-mergers.html

What is a Shell Merger with a Public Shell Corporation?
http://www.tcc5.com/reverse_mergers_c.htm

Taking a Chance on a Reverse Merger
http://www.nytimes.com/2009/03/10/business/10biocashside.html?_r=1

Best IPO Alternative?
http://www.reversemergerblog.com/2010/12/24/tip-of-the-week-best-ipo-alternative/

What is a Reverse Merger?
http://www.reversemergers.net/reverse.html

Mergers & Acquisitions
http://www.reuters.com/finance/deals/mergers

What is a Reverse Merger?
http://www.publicfinancial.com/reverse-merger-services

Going Public With A Reverse Merger transaction
http://www.prlog.org/11276841-going-public-with-reverse-merger-transaction.html

Reporting on Shell Stocks,
http://www.shellstockreview.com/

A Guide To Spotting A Reverse Merger
http://www.investopedia.com/articles/stocks/08/reverse-merger.asp#13008290913792&close

Mergers And Acquisitions: Understanding Takeovers
http://www.investopedia.com/articles/01/050901.asp#axzz1PzwMmpVN

OTC Shells and Reverse Mergers - The Aftermarket is Key
http://ezinearticles.com/?OTC-Shells-and-Reverse-Mergers---The-Aftermarket-is-Key&id=1933173

Feature: Reverse Mergers On the Rise
http://www.reversemerger.com/in_the_news_detail.cfm?InTheNews_ID=15

Reverse Merger - Overview
http://www.ipo-merge.com/reverse.html

Reverse Merger Pitfalls
http://ezinearticles.com/?Reverse-Merger-Pitfalls&id=1743463

Reverse Mergers
http://www.huntlawgrp.com/sec-law/reverse-mergers

Reverse Mergers
http://www.dayonbay.ca/news/economic-issues/284-reverse-mergers

OTCBB Reporting Requirements Enable Successful Reverse Mergers
http://securities-law-blog.com/tag/15c-211/

Shell out for reverse mergers
http://greenbackd.com/2009/10/07/shell-out-for-shells/

The Truth About Reverse Mergers
http://www.submityourarticle.com/articles/John-Lux-4905/venture-capital-46606.php

Why should your company go public?
http://www.tryantcapital.com/PVT/reverse.htm

A reverse triangular merger is
http://www.wisegeek.com/what-is-a-reverse-triangular-merger.htm

What Does Reverse Takeover - RTO Mean?
http://www.investopedia.com/terms/r/reversetakeover.asp#axzz1PzwMmpVN

a "reverse merger" or "reverse IPO"
http://www.answers.com/topic/reverse-takeover-rto

Reverse Mergers And Reverse Takeovers
http://www.tcc5.com/reverse-mergers.htm

What is a Reverse Merger?
http://www.qwoter.com/college/Trading-Basics/what-is-a-reverse-merger.html

Public Shell
http://www.tcc5.com/public_shell.htm

Bulletin Board Shells
http://www.legalandcompliance.com/Bulletin-Board-Shells.php

Why Buy a Public Shell
http://www.reversemergers.net/why.html

The cost of the public shell.
http://www.publicfinancial.com/articles/reverse-mergers.html

Go Public by Merging with a Public Shell Company
http://www.goingpublicnow.com/index.html

A reverse takeover or reverse merger (reverse IPO)
http://en.wikipedia.org/wiki/Reverse_takeover

[trader53]

Docket #665 2/6/2012 Operating Report >

for Filing Period

OCTOBER 1, 2011 THROUGH DECEMBER 31, 2011
Filed by Trustee Other Prof Scouler & Company, LLC, as Liquidating Trustee (Danker, Ashleigh)

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


Chapter 11 Bankruptcy Case, NOT closed yet.



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.