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ASYI - CHECK THIS OUT!!!!!
ASYI just got a SERIOUS competitor for its JetEngine software, who is NOW marketing the competing version!!!!
And just WHAT would YOU do right now ... if YOU were ASYI and AERO ... hmmmmm?
Horizon - A new era in airline management
Date: 20 June 2013
Location: Brussels, Belgium
SITA unveils next-gen passenger services system
SITA today unveiled Horizon, its next generation passenger services system (PSS), at the Air Transport IT Summit in Brussels. SITA is the only major supplier to design and build an end-to-end passenger system on a third generation platform.
As the technology landscape is changing with increasing use of mobiles and new devices, airlines need the flexibility to be able to deploy their services through any channel – both current and future – in a simple way. More than 150 airlines and ground handlers across the world currently use SITA’s PSS. They, and others, will have access to the capability to meet and adapt to changing market needs with SITA’s new, agile Horizon platform.
SITA, the air transport industry’s community provider, has invested significantly to make Horizon a truly flexible platform to meet the needs of the airlines’ changing business environment. For example, in 2010, fewer than 40% of airline sales were made through direct channels. By 2016, airlines expect that to rise to 67% 1. The PSS lies at the heart of the airline: it is the engine that drives the business. Legacy systems were not designed for new technologies, in particular the proliferation of mobile devices, and they struggle to cope with the huge volumes of tailored requests from passengers.
Francesco Violante, CEO, SITA said: “Today marks a milestone for our industry. The legacy systems that supported everything from reservations, to departure control and inventory management have served us well. But we are in a new era of technology, lifestyles and customer expectations, forcing rapid change both on airlines and us as their technology provider. Airlines need systems that are agile. Passenger management and distribution solutions must be able to respond to individual situations, so airlines can fully exploit customer opportunities happening in real time.
“At this time of change, it is vital that SITA made the investment in Horizon to keep competition and choice in the industry. In fact, our latest Airline IT Trends Survey shows that over the next three years, close to 50% of airlines plan major programs to upgrade their core passenger systems. SITA now has a new application infrastructure that can help airlines change how they do business.”
Horizon is designed specifically to manage this new technology landscape. This third-generation PSS is built on an agile platform using the latest technologies, unlike first and second generation systems that still depend on legacy core systems. Horizon’s service-oriented architecture also makes the valuable commercial and operational data, currently trapped inside legacy PSSs, easily available for more effective business decisions. During the design process, SITA ensured that Horizon allows business rules to be defined by the airline and consistently applied across all channels. It offers the rich functionality needed by full-service and hybrid carriers, based on an online-everywhere world.
Violante commented: “Horizon is a completely new PSS that was designed from the ground up, with the latest technology and an agile service-oriented architecture. After many years of investment, development and consultation with our airline and ground handler customers, we now have a PSS that is an integrated application infrastructure that works in our new era of multiple channels and demand for instant tailored requests.”
Visitors to SITA’s Air Transport IT Summit, which gathers hundreds of airline industry leaders for two days of insightful discussion, are being given an exclusive preview of Horizon, demonstrating the end-to-end travel process including inventory, reservations, check-in, weight and balance, all accessed through multiple touch points. The system is designed to provide genuine customer recognition from the moment of a sales query right through to service from crew during the flight. This allows airlines to maximize profitability. SITA experts are demonstrating how the system ensures data is shared in real time among all stakeholders across all applications, so passengers, agents and all other users view information that is accurate and relevant. This means airlines can consistently provide passenger services that are context-sensitive at all touch points.
SITA’s new application infrastructure is already being rolled out while extensive usability and performance testing continues with key users. Further application deployments are planned for later this year.
1SITA/Airline Business IT Trends Survey 2013
Just making an observation old chap. I've done so many times before ... even when my buys were filled immediately. Nothing to lie about. Just two, dinky little $40 observations, that's all.
You take care ... and don't get so worked-up over such minor things.
My two small test buys not filling today.
ASYI – you asked about ASYI’s two Canadian subsidiaries …
and which one might be “holding” AERO IQ Inc.
There is a far more “intriguing” question, however, about those wholly-owned subsidiaries …. that are registered in Toronto, Ontario, and were never divested (along with Airline Intelligence Systems, back in March of last year) … even though they were specifically created to perform managerial and corporate tasks for Airline Intelligence Systems … such as paying employees, etc., dealing with vendors, etc., etc.
ASYI’s 10K specifically states that:
“The subsidiaries provide management services and corporate services to the parent company [ASYI].”
“The Company [ASYI] has net operating loss carry-forwards, including from its [two] Canadian subsidiaries, which are available to offset future taxable income. At December 31, 2010, the Company has U.S. accumulated net operating loss carry-forwards of approximately $25,477,000, due to expire beginning 2025, and Canadian accumulated net operating loss carry-forwards of $6,007,000, due to expire beginning 2027.”
ASYI - THE DAUGHTER SAYS: "FORM-10 VERY SOON DADDY!!!!!!!!!!"
ASYI - Watch for Form 10 filing for AERO!
The end is coming into sight!
Wrong. ASYI never said that at all.
THIS is what they said ... on Page 16 of the 10Q, dated May 21, 2012 (their very last communication with shareholders):
It is anticipated that the future activities of the Company will be derived from Kool Telecom Ltd., if the merger agreement is completed successfully.
At this time it is possible that, 1) The Company will not complete sales with potential customers, 2) that those sales will not be completed on terms favorable to the Company 3) that the Company will not have sufficient or the appropriate resources to complete the development of its products 4) that a competitive product will address the needs of the market before the Company is able to commercialize thereby significantly reducing the expected market opportunity, 5) the product as envisioned and developed by the Company will not meet the needs of customer and therefore never get deployed or achieve acceptance in the market place,
6) that the Company will potentially be unsuccessful in completing its acquisition of Kool Telecom Ltd.
ASYI – That so-called $70,000 convertible note...
for that so-called $70,000 “loan” that ASYI received last year.
We’ve been repeatedly told that the “chief scammer” here is Dynamic Intelligence Ltd., ASYI’s controlling shareholder … and that it planned this whole caper.
Look at this clause that’s taken from the 10K dated March 21, 2012:
On April 20, 2012, [ASYI] received proceeds of $70,000 from the issuance of a $70,000 convertible promissory note to Dynamic, the Company’s controlling stockholder. The note bears interest at 5%, is due April 20, 2013, and is convertible into ASYI’s common stock at a variable conversion price equal to 80% of the market price (as defined) for the ten trading days prior to the conversion date.
ASYI – Some new DD regarding AERO…
Add this company to your list of interesting places to visit.
PASSUR AEROSPACE (at iHub, it’s PSSR). It’s a leading aviation business intelligence company that specializes in “Big Data Solutions” for the airlines industry (oh where have we heard THAT phrase before, eh?).
It also earned over $12,000,000.00 last year, and is presently seeking to EXPAND into the “software-as-a-service” industry … the very industry that AERO has been working on for the past two years..
And just guess, guess, guess … who is on the “Advisory Board” of PASSUR AEROSPACE? Yup! Mr. Peter M. Bowlers … the former CEO of American Eagle Airlines … who is ALSO on the “Advisory Boards” of both ASYI and AERO IQ Inc.
It seems as if little AERO IQ’s world of possible suitors is growing. We now have:
1. A possible acquisition by American Eagle Airlines (whose former CEO now sits on AERO’s Advisory Board), or
2. A possible acquisition by WestJet Airlines (whose founder now sits on AERO’s Advisory Board), or
3. AERO could always simply go off on its own, or
4. A possible acquisition by PASSUR AEROSPACE (where a member of its Advisory Board now sits on both the ASYI and AERO Advisory Boards as well).
That link to this bad-boy is here:
http://www.passur.com/
No. Just a standard limit order good for the day. A few friends of mine are going to be buying today. Hopefully, they will report on their outcome.
That was my 40 buck 'test buy' ... as was the 40 buck 'test buy' of yesterday. On both occassions, the order was filled in less than 10 seconds.
ASYI – Your “recap” is a very honest one …
and I would agree with every single point it contains. Indeed, anyone would be hard-pressed not to admit that ASYI’s executives have taken every single opportunity and action to trash and destroy their company; as well as their company’s stock price.
Every single “opportunity and action” EXCEPT any that would harm or destroy the more than $35,444,000.00 of NOLs now sitting on its balance sheet. And that would strongly suggest that those executives --- long ago --- saw the handwriting on the wall: that ASYI’s fixed-lease operating model was outdated, and that it would have to be switched to the new “software-as-a-service” business model.
So ASYI was (and sill is) DEAD as a viable corporate entity going forward.
And thus the sudden (and documented) switch to AERO IQ Inc., which got underway during the first quarter of 2011. During the next two years (2011 through 2013) all of ASYI’s intellectual property was transferred over to AERO and re-engineered to suit the requirements of that new business model. During that time, AERO also received additional investment moneys from Merus Capital and Big Sky Partners in order to facilitate the change-over.
And now … AERO IQ Inc. is ready to be spun-off from the old and discarded hulk of ASYI.
I’m delighted that you find my AERO SPIN-OFF scenario “interesting”. But you raised several troubling questions in doing so:
1. You said that:
“ASYI has publicly stated that AERO has gone, [and ASYI] has no continued ownership interest”
“A spin-off would require, at the very least, an SEC registration statement, on either S-1 or Form 10, which would require ASYI getting its filings up to date.”
ASYI – We get TWO huge “Money-Streams”!!!!!
AGAIN, YOU NEED TO UNDERSTAND THE ENORMOUS VALUE OF WHAT YOU’RE HOLDING!
There’s a reason that what you’re holding is now valued at no more than $0.0001 no-bid. It’s to make you despise it … and not want to buy any more of it.
SO YOU NEED TO TRY AND UNDERSTAND THE FOLLOWING:
When AERO is spun-off from ASYI you will receive the same ownership percentage in new AERO stock that you presently have in your ASYI stock. So if you owned, say, .0002% of ASYI’s outstanding stock, then you will receive that same .0002% ownership of AERO’s new stock.
In order for ASYI to file a Form 10 registration for AERO’s new stock it will have to publicly divulge its (ASYI’s) present share-structure. I will address this important issue in subsequent postings … but for now, I’m just going to talk about the two “MONEY-STREAMS” that are going to come to us.
“MONEY-STREAM” #1: A spin-off is similar to an IPO, in that its opening price is determined by the investment bankers involved. It must be remembered that AERO is the restructured version of ASYI, and that when ASYI did its reverse merger deal back in February of 2010 (when none of us were around back then), the investment bankers determined that its opening PPS would be EIGHTY CENTS PER SHARE … even though ASYI had lots of debt and no clients. It still began trading at EIGHTY CENTS PER SHARE on February 8, 2010!
Therefore, it is logical to assume that AERO IQ Inc, which will have NO debt, and which will already have an excellent client base --- that it’s been working to accumulate for the past two years --- will, AT LEAST, be priced at the same PPS as ASYI … which was EIGHTY CENTS per share.
“MONEY-STREAM” #2: Even though ASYI is “dead” and has transferred all of its intellectual property over to AERO so that it can be spun-off, ASYI still has over $35,000,000.00 of available NOLs for the appropriate merger partner. These NOLs cannot be spun-off to AERO … but must remain with ASYI. That guarantees that ASYI will be reverse-merged into by some candidate with excellent year-over-year earnings that can take advantage of such a mountain of available NOLs. I still maintain that Global Convergence Solutions --- who is presently earning $4 Million to $5 Million per year (with no debt) --- is that likely merger candidate.
And here too, a reverse merger is similar to an IPO. The opening PPS will again be determined by the investment bankers involved (just like it was in ASYI’s first reverse merger in February of 2010). But this time around, they will be fixing the opening PPS of a company (GCS) that has no debt; and is earning over $4 Million per year; and is about to receive over $35,000,000.00 of NOLs; and is readying itself for GLOBAL expansion. Clearly, the opening PPS will be NOT be $0.0001 … but SEVERAL THOUSANDS PER CENT above that price.
So bottom-line, we will enjoy the sudden inclusion of TWO separate high-flying stocks in our accounts, with EACH of them having undergone an event similar to an IPO … and then trading separate and apart from each other.
WHAT’S GOING TO TAKE PLACE HERE WILL BE NOTHING SHORT OF EXTRAORDINARY:
(1) THE SPIN-OFF OF A HIGH-TECH COMPANY (AERO) HAVING A ONE-OF-A-KIND SOFTWARE, AND
(2) THE REVERSE MERGER OF ANOTHER HIGH-TECH COMPANY (GCS INTO ASYI) THAT ALSO HAS A ONE-OF-A-KIND SOFTWARE.
This is the “two-fer” that I talked about many weeks ago … and it is at hand!
You are absolutely correct ajr72 …
And if all “those scam claims” have proven to be so much more “verifiable” for you that they’ve managed to keep you out of this trade completely, and to have prevented you from purchasing so much as one single stinking share of this so-called “POS” … then that will make me a VERY happy man … at least as to you.
You’re correct. I’ve been dead-wrong in 4 out of the 4 predictions that I’ve made in this trade over the course of the last 13 months, however (and in the humble defense of myself), I’ve managed to stumble upon a “goodie” or two along the way, each time presenting documented links … such as the discovery of over $35,000.000.00 of NOLS; and the fact that ASYI is no longer a shell for reporting purposes; and the fact that ASYI never divested itself of those two juicy Canadian operating subsidiaries.
Predictions are merely educated guesses based on facts available at the time they are made. In April and June and July of last year, no one knew that AERO IQ, Inc. even existed … you know what I mean?
I could go on and on … but I don’t want to be seen as “personally attacking” a mind such as yours … which seems to be focused solely upon the “obvious”.
But that’s all good. It’s a zero-sum game that we’re playing. One of us has the chance to lose everything or make a fortune and leave … while the other gets to hold on to what he came here with … and stay.
I see those as D@MNED EXCELLENT odds … so much so that you can be certain that Clutch Cargo (and his beautiful daughter, who works as an analyst at TDA) is going to KEEP ON BANGING THE DRUM HERE.
So good luck my man ... and keep on believing that which is obvious.
The whole stupid idea of some "scam" here has completely run out of gas. It simply can no longer be credibly maintained. Ditto the ASSUMPTION that the O/S contains 5 billion shares.
LOLOLOLOLOLOLO
ASYI - Some news from Switzerland perhaps...
I've received some excellent news about AERO IQ Inc. from my "buddy" in Switzerland who is in charge of software providers to SITA's membership of over 500 airlines.
His information was communicated to me in a document that contained a confidentiality statement ... so I've got to make CERTAIN that I am permitted to openly publish it here on the internet.
Until I do so, you may rest assured that AERO IS BEGINNING TO RUMBLE, AND THE BIG GREEN BULL IS BEGINNING TO STIR!!!
ASYI - Hello Nitwit. With all due respect ...
this repeated message of yours is no longer relevant here ... because this trade is no longer about ASYI. It's now about AERO IQ, Inc. that will soon be spun-off from the long-dead carcass of ASYI.
All of ASYI's assets, which consisted of extraordinarily valuable intellectual property, have been transferred to AERO, which has re-engineered those assets to comply with its brand new business model, which is to sell individual applications of that software on an "as-needed" rental basis, as opposed to the old ASYI model, which was based on very expensive long-term leases.
So you are quite correct in repeatedly noting that ASYI is .000l, no bid ... which of course means that it is dead. However, even the dead can still leave behind (to the living) certain valuable property ... and ASYI has certainly done that in the form of having over $37,500,000.00 of available NOLs for the right merger candidate. It's frustrating, isn't it ... that such a mountain of NOLs can still exist ... even though ASYI is .0001, no bid, eh?
So again, my man ... it's no longer about ASYI. If fact, it was NEVER about ASYI. It was ALWAYS about AERO. We just had our hopes and dreams focused on the wrong entity as a result of having very limited knowledge about what was truly happening in this very complicated trade. Indeed, had it not been for the excellent work of the posters Keech and LeCorb, we might NEVER have put the appropriate "dots" together on this issue.
So while it's certainly true that ASYI is .0001, no bid ... it's also now become somewhat meaningless (and possibly even silly) to restate that point. But who am I to tell you what to do.
So I will instead SUGGEST to you that you look to AERO IQ Inc. ... as THAT is where a "Big Green Bull" is beginning to stir and make its presence known.
You might also want to practice saying the following:
MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!![/b]
ASYI – Someone noted the absence of “trashing” yesterday….
and wondered whether the existence of AERO IQ Inc. was suddenly (and finally) beginning to win over “believers”.
The answer is “NO”. But why should anyone here even care?
It’s now become very difficult, and very stupid, and VERY, VERY DANGEROUS to throw a rock at AERO IQ Inc. … “THE BIG GREEN BULL”. ‘Cause THE BULL has acquired some very powerful friends …
1. The multi-millionaire son of Charles Swab, who has invested in AERO ($3 Million worth, and counting).
2. The multi-millionaire founder of Merus Capital, who has also invested in AERO ($5 Million worth and counting); and who also sits on its Advisory Board.
3. The multi-millionaire founder of Canada’s largest airline, WestJet, who sits on AERO’s Advisory Board.
4. The millionaire former CEO of American Eagle Airlines, who also sits on AERO’s Advisory Board.
5. SITA, the huge international air transport conglomeration of over 500 of the world’s largest airline carriers … who has entered into a NON-DISCLOSURE AGREEMENT with AERO to sell its aviation software to its membership.
6. The now millionaire former CEO of ASYI , who now works at AERO … as its “founder”. He’s also the person who was caught in the act of registering AERO’s Internet domain name … just 3 days after he resigned from ASYI (on December 19, 2011). LOLOLOLOLOL!!! You couldn’t make this stuff up if they paid you to do so!!!! LOLOLOLOLO!!!
7. The genius INVENTOR of AERO’s JetEngine BPS software, who also now works at AERO, having quit ASYI on December 19, 2011, to join ASYI’s former CEO at AERO.
So yes … it’s hard to throw rocks at a BEAST who has as many powerful friends and supporters as these.
It’s much better to throw those rocks at a defenseless, dead-POS like ASYI, eh?
But the rock-throwers forget that “THE BIG GREEN BULL” was given birth by ASYI …
And there’s a sentimental part of me that likes to think that “THE BIG GREEN BULL” won’t forget who has been bad-mouthing its Mama.
MOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!
ASYI – Today's first bit of AERO "DD”
No need to trouble yourself with "links" on this one. Just use your noodle ... and WAKE UP!
Merus Capital has sat on the “Financial Board” of ASYI since February 8, 2010, the date on which ASYI entered into its reverse merger with Airline Systems Inc.
1. Why in all that time have we NEVER seen ASYI’s logo on the Merus Capital website?
2. Why in all that time have we NEVER seen Birthday Slam’s logo on the Merus Capital website?
3. Why in all that time have we NEVER seen KoolTel’s logo on the Merus Capital website?
Why is it that we’ve ONLY seen “THE BIG GREEN BULL’S” logo on that multi-million dollar web site that is dedicated to the investment in expectant high-flyers?
Hmmmmmmmmm????????
ASYI - Good "Sunday-Fun" available over at Merus....
Go to the Merus Capital Website, then click-on their "Portfolio" tab. Then allow your mouse to hover over the Aero logo while you right-click on it. Then select from the drop-down dialog box "View Page Source".
When the new page appears scroll down near the botton to "AERO IQ" where there are a bunch of (now probably forgotten) goodies that will appear in the form of hyper-links that will transport you to all sorts of places within the darker realm of Merus Capital.
Good hunting ... but do it soon ... before the creeps at Merus gets wind of it!
LOLOLOLOLOLOL
ASYI - Yup, it's dead. But AERO-IQ is ALIVE…
My “Little Green Bull” that everyone here has ignored … has now grown strong. The MMs knew that when they suddenly decided to cover ALL of their NSS positions back in February. A Little Green Bull called AERO IQ Inc. had finally been born.
ASYI (the Little Green Bull’s mama) is now no more than a shell: no debt, no further operations, and over $35,000,000.00 of NOLs sitting on its balance sheet. She’s been put out to pasture until the time is right for Global Convergence Solutions to reverse-merge with her and create an entirely new and exciting entity.
But right now, ASYI has no “future” … only the "Little Green Bull” by the name of AERO IQ Inc. has any future going forward here, because 100% of ASYI’s intellectual property has been transferred over to it (the revolutionary JetEngine Business Planning Software) … and the genius who invented that software now works for it (as well as ASYI’s former CEO) … as well as does the founder of Canada’s largest airline, WestJet; and the former CEO of American Eagle Alrlines.
They are ALL now petting the Little Green Bull. Even the money-lenders (Merus and Big-Sky Partners) want everyone to know how supportive they’ve been … and how much money they’ve invested in the future success of AERO.
MAKE NO MISTAKE IN THIS: one day, very, very soon ... the very first NEWS that we will receive is that (1) ASYI has been completely RESTRUCTURED; and that (2) all assets have been successfully transferred to AERO IQ Inc., and that (3) AERO IQ Inc. has been successfully SPUN-OFF from ASYI as an independent, publicly-traded OTC stock ... who's opening PPS has been set at $1.22 per share.
THEN just try and get out of way of that "Little Green Bull" who will have morphed into a MONSTER!
ANY STINKING DAY FROM NOW. YOU CAN BET ON IT!
ASYI – “Go ASYI?” You still don’t get it….
ASYI was killed-off and stripped for valuables during the 2nd quarter of 2011. And shortly thereafter, some 30 to 35 software professionals and aviation industry experts (acting as paid “advisors”) began work on creating a “Little Green Bull” by the name of AERO IQ Inc.
SHE is the “future” … and “SHE” is growing as we speak.
Soon … very, very soon … SHE is going to be revealed and unleasched. And God help those who don’t already own at least 20 Million of her shares when that takes place!
Mooooooo
said my Little Green Bull named AERO.
Mooooooooooo
ASYI – So what’s the delay with the NEWS?....
Why no word from this cellar-boxed-POS? We’ve banged on all its open windows (telephone, fax, and web), for more than a year … and there’s no answer coming from inside. Surely, we’ve all been had … and now those vile scammers are DEAD and gone … along with all our “flipper-money” … poured into their evil scheme? WHAT’S THE HOLD-UP?
The answer is AERO IQ, Inc. … and you’re a BIG-TIME fool if you dare to think that the ONLY people on the entire planet that now have possession of the revolutionary “Type III Informational Engine” are somehow going to willingly delay its use … and reap the enormous profits that will follow that use. The problem is WHO to sell it to … and THAT problem involves AERO IQ Inc.
ASYI cannot merge with Global Convergence Solutions UNTIL AERO IQ Inc. has been SPUN-OFF into the waiting arms of some other publicly-traded company.
The folks at ASYI have only three options in this regard:
1. ASYI can SPIN-OFF AERO IQ, Inc. as its own separate ticker symbol, having its own separate publicly-traded stock. But that wouldn’t result in any “BIG-TIME-PAYDAY” for Merus Capital, would it? Merus can only profitably EXIT the investment it entered into --- IF AND WHEN --- it can engineer a MERGER or ACQUISITION involving AERO IQ Inc. The folks are Merus Capital are “M&A” professionals. They are not interested in helping to run start-up businesses. Merus is the last person in the world who would want to see AERO IQ Inc. renting out its software, for nickels and dimes, during the course of the next 3 to 5 years, until it built up a decent client base and found a suitable M&A candidate. Merus has had its $5 Million invested in the ASYI/AERO investment since 2008, and it hasn’t earned a DIME by virtue of having done so … and it now wants (desparately) to EXIT that investment and move on to other things.
2. ASYI can offer a deal to Mr. Tim Morgan, the founder of WestJet, Canada’s largest airline --- who has been sitting on the Advisory Board of both ASYI and AERO IQ Inc. since 2011 --- for WestJet to ACQUIRE AERO IQ Inc., (as a wholly-owned operating subsidiary) in exchange for some cash and the publicly-traded shares of WestJet (which presently trades at $38 dollars per share). THIS “M&A” TRANSACTION WOULD CAUSE MERUS CAPITAL TO JOYFULLY WET ITS CORPORATE PANTS … as they could profitably exit the entire ASYI/AERO trade with a very handsome profit.
3. ASYI can offer a deal to Mr. Roy Bowlers, the former CEO of American Eagle, a subsidiary of American Airline --- who has been sitting on the Advisory Board of both ASYI and AERO IQ Inc. since 2011 --- for American Airlines to ACQUIRE AERO IQ Inc., (as a wholly-owned operating subsidiary) in exchange for some cash and the publicly traded shares of its parent corporation, AMR Corporation.
As I posted here several days ago, in April of 2011, ASYI announced that it has entered into a very special BETA-testing of its software with a “MAJOR” American air carrier. During that same month, the former CEO of American Eagle Airlines joined the Advisory Boards of both ASYI and AERO IQ Inc.
American Airlines filed for Chapter 11 bankruptcy protection in December of 2011, having more than $4 Billion of cash on its books. It was the 100th American air carrier to do so since 1990. In February of this year, it announced that it was going to MERGE with U.S. Airways, and that the merger would create the largest airline in the WORLD. That merger is to formally take place at some time during the 3rd quarter of this year … and the newly-merged airline is to be called: “American Airlines Group, Inc.” It will be comprised of dozens of regional airlines, including American Eagle Airlines.
So it you’re Merus Capital … what do you do? Surely, there is a golden opportunity here. But you have to WAIT until the 3rd quarter of this year to make it happen: the ACUISITION of AERO IQ Inc., for some cash and the shares of the corporate parent of American Airlines … which is AMR Corporation.
WOW, you might say. A dinky, little, no-bid, OTC developmental corporation is now at the center of a SET of MERGER & ACQUISITON TRANSACTIONS THAT COULD INVOLVE BILLION-DOLLAR CORPORATIONS … AND THE MOST POWERFUL MEN IN THE AMERICAN AVIATION INDUSTRY??????
YEAH! THAT’S EXACTLY WHAT I’D SAY … THAT, AND “HOLD WITH CONVICTION!” The shareholders of ASYI are going to get a piece of AERO and a piece of Global Convergence Solutions to boot. And they might (just might) get a piece of Forum Mobile Israel as well!
ASYI – Yours is an excellent point “justignorant”…
You state the following:
“I seriously doubt if there was any validity to ASYI they [the MMs] would have [covered] all of their [NSS positions] by now.”
ASYI - I've completed my search through the corporate registry's of all 50 states ... and have come up empty with respect to "AERO IQ Inc."
That then means that the name is an "assumed name" for filing purposes.
So the NEXT step is to find someone who used to work at (or for) AERO IQ Inc. (or provided some service to AERO IQ Inc., such as logo design, web hosting, etc.) ... and get them to spill the beans.
ON IT!!!!!
ASYI Maybe it's a "lottery ticket" to you
... because you're still trying to understand Section 382 Tax Code language that was written by an ARMY of lawyers and tax accountants.
Why not simply hang your hat on what ASYI has ITSELF clearly stated about those NOLS in an annual report (!0K), which is follows:
“The Company [ASYI] has net operating loss carry-forwards, including from its [two] Canadian subsidiaries, which are available to offset future taxable income. At December 31, 2010, the Company has U.S. accumulated net operating loss carry-forwards of approximately $25,477,000, due to expire beginning 2025, and Canadian accumulated net operating loss carry-forwards of $6,007,000, due to expire beginning 2027.”
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7862874
WHAT COULD BE MORE SIMPLE THAN THIS STATEMENT?
NOBODY, NOBODY, NOBODY WALKS AWAY FROM $31,000,000.00 TO OVER $34,544,000.000!!!!
WHAT'S SO HARD TO UNDERSTAND ABOUT THAT?
HOW IS "LOTTO" INVOLVED IN THAT????
ASYI – My telephone calls and e-mail…
to Big Sky Partners and Charlie Swab’s son…
Recently, I wrote to Big Sky Partners, who (according to its website) is one of the “lead investors” of AERO IQ Inc., and who lists AERO IQ Inc., as one of its marquee investment companies. When you click on the link below, then click on the logo of AERO.
http://bigskyvc.com/portfolio/
I assumed that I would have a bit more “luck” in speaking with one of the young people over at Big Sky Partners … after my repeated failures to do so with the jerks at Merus Capital (whose website ALSO lists Merus as being the “lead investor” in AERO IQ. [It’s interesting that the Merus website does not reveal that AERO IQ is an American corporation … while the Big Sky Partners website clearly shows that to be the case.”
I followed up my e-mail communication to Big Sky Partners with several telephone calls where I left very detailed messages that indicated the following:
“Hello to you.
I am a private investor in ________ who trades for his own account. I recently became very interested in a company that is listed on your web site as one of your marquee companies for possible investment purposes. That company is AERO IQ Inc., which appears to have developed a revolutionary suite of software applications that can be of great benefit to the airline industry.
As a result of reading the limited amount of information contained on your website about AERO IQ Inc., I decided to engage in a bit of personal due diligence regarding the company, however, I have not been able to locate even the most basic of information concerning it … especially its State of Incorporation, as well as its owners and their credentials.
Could you please help me in this regard?
If what your website says about AERO IQ Inc. is correct (and I have no cause to think otherwise) then it just might be a excellent investment opportunity.
To that end, would you kindly provide me basic information about the company … as well as the cost of any investor participations that you are now offering with respect to this stock.
Most Respectfully yours,
__________________
It's been recently announced that Canada's Superior Court of Toronto has CERTIFIED the $350,000,000.00 class action lawsuit against James Beatty and his Trinity Capital company.
Beatty's lawyers can now start grinding away at him with their $800.00 per hour defense fees ... probably for the next 2 or 3 years.
To kick-off matters, the judge has already awarded $60,000.00 of court costs to the plaintiffs' attorneys ... which means that Beatty's on the hook for that little "starter". Plaintiffs' attorneys seem hell-bent on taking everything from the defendants ... even their DREAMS.
Just the sort of inducement to make you want to push one of your pending deals across the "finish" line, eh?
It was ahallaha's article that stated $1.00. I'm sticking with a run to $0.0009.
Do you think that the "insider" .... Merus Capital, has waited two years for its ASYI stock to eventually rise to a 1/2 penny?
Tried to buy 5 Mill in anticipation of the run. GTC order order yeaterday and today.
No fill!
Will keep on trying.
Glad my broker's not TDA!
LOL
ASYI – Not MicroSoft, brother: GLOBAL CONVERGENCE SOLUTIONS!
ASYI’s stupendous accumulated horde of $34,544,000.00 of documented NOLs would only off-set about two full WEEKS of Microsoft’s annual tax obligation to the federal government.
LOLOLOLOLOLOLOL!!!!
But now compare that with the annual tax obligation of a company like our soon-to-be-corporate parent, Global Convergence Solutions … who earned no more than $3.5 Million last year (which was a VERY good year for it by the way … seeing as how it has no debt).
Should it be so fortunate as to keep on earning such an amount, year-after-year, that would then mean that ASYI’s NOLs would INSURE that Global Convergence Solutions would not have to pay annual federal corporate income taxes (i.e., 35% of $3,500,000 = $1.25 Million of taxes per year) for a MIND-BOGGLING 27 AND ½ YEARS (i.e., $34,544,000 / $1,250,000).
I don’t know if that fact makes the CEO of Global Convergence Solutions start to shake, shiver and drool … but I bet it certainly makes his tax accountant do so!
But this great potential windfall to Global Convergence Solutions raises another question … a FAR MORE important question than that contained in your post:
Just what --- in the way of “EXTRA GOODIES” --- is Global Convergence Solutions going to have to give to the ASYI insiders and common shareholders in order to receive those $34,544,000.00 of NOLs, hmmmmm?
The jury’s still out on that question … but I’ve got a “sneaking suspicion” that James D. Beatty and Forum Mobile Israel are working on an answer to it!
ASYI’s shareholders might not only get a “TWO-FER” out of this deal … but an unheard of “THREE-FER” as well!!
ASYI – We’re looking pretty GOOD here now!
The deception of 18 long months has now been revealed … and ASYI is sitting in a pretty “sweet” spot:
1. Our company, ASYI, has over $34,544,000.00 of documented NOLs … more than ANY other OTC company in existence.
2. ASYI has RESTRUCTURED itself into AERO-IQ, which is ALSO “our company”.
3. AERO-IQ is going to be “SPUN-OFF” from ASYI and begin to trade under its OWN brand new ticker symbol, and issue its OWN brand new publicly-traded stock … a pro-rata portion of which we’ll all receive because of our ASYI holdings.
4. ASYI’s 4 note holders haven’t said a “peep” about the repayment of their $7,000,000.00 in loans (plus accrued interest) … and THAT strongly suggests that the debt has either been repaid … or “assumed” by some other entity pursuant to the restructuring arrangement … so ASYI is now debt-free!
5. ASYI has the FOUNDER of the software development hedge fund, Merus Capital, and the FOUNDER of WestJet Airlines (Canada’s largest airline), and the former CEO of American Eagle Airlines (which is a subsidiary of the world’s largest airline) … all still sitting on its Advisory Board.
6.AERO-IQ also has the FOUNDER of Merus Capital, and the FOUNDER of WestJet Airlines, and the former CEO of American Eagle Airlines … all presently sitting on ITS Advisory Board as well.
7. Both ASYI and AERO-IQ have the financial backing of Merus Capital and Big Sky Investments (which is owned by Charles Schwab’s son, who is a friend of the founder of Merus Capital). That means that both ASYI and AERO-IQ had deep business connections and deeper financial pockets available to them as they RESTRUCTURED ASYI and planned for the SPIN-OFF to take place.
8. AERO-IQ has formally reached out to SITA (and its membership of over 500 major airlines worldwide) and joined its “Air Transport Industry’s Community Cloud” platform where it will shortly begin to market its revolutionary software to all those airlines … worldwide.
9. AERO-IQ has clearly entered into a Non-Disclosure Agreement with SITA concerning the marketing of its revolutionary software.
10. Rumors now abound that a Venture Capital group has recently “front-loaded” a huge block of ASYI stock in anticipation of instigating a “RUN” here.
So we’re looking pretty GOOD here now. Yes, pretty darned good indeed for a cellar-boxed, .0001 - no bid stock that was written off as being “dead” well over a year ago!
ASYI – Is a “RUN” in the works here???
IS ASYI ABOUT TO GET “JIGGY” AND “RUN”???
As you probably know by now, I’ve never been a believer in the possibility that ASYI would suddenly “RUN” … certainly not with MAXM on the L2, hiding a virtually inexhaustible number of available “air-shares”. I’ve always believed that ASYI would simply and suddenly “TRANSFORM” into another ticker symbol … and THAT symbol would then begin to “RUN”.
HOWEVER ….
Several days ago, a trader (a REAL trader) for whom I have the utmost respect, contacted me and told me the following:
He said that the enormous buy-volume spike that occurred back in mid-February was the work of a “Venture Capital group” that had “front-loaded” ASYI in anticipation of inducing a run that would “definitely occur “within weeks or months” of that mid-February buying spree … which took place 3 ½ months ago.
I have set forth below his PUBLIC posting to me. Read it and then make up your own mind as to the likelihood of such an event happening here. As for me, I’m going to strap-in and allocate a modest portion of my holdings to just such an event taking place. I’ve set my sell stop at $0.0009 on that portion of my holdings.
I HAVE NOW COME TO BELIEVE IN THE LIKELIHOOD OF A MODEST “RUN” TO $0.0009!
And before you “roll-your-eyes” at what this poster says, take the time to see how many member-marks he has. Also review his iHub-bio that says he is 53-years-old and is now “RETIRED” from a career in “Wealth Management”.
Clearly not the kind of guy that’s made a life-time habit of screaming “BUY-BUY-BUY”, eh?
So it’s your call … but that BIG GREEN FEBRUARY BUY-SPIKE MEANT “SOMETHING”, eh?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88313974
GLTA!!!
ASYI – My daughter said THIS about those NOLS!!!!…
I received word over the weekend that a group of venture capitalists have front-loaded a ton of ASYI shares ... and are soon going to instigate a RUN. I will share the details in a posting later this week.
NOW BACK TO THIS POST ... WHICH DEALS WITH THE NOLS:
There’s been some recent discussion here about ASYI’s NOLs. It has been stated that the NOLs total no more than $1.8 Million … if that much. I showed those posts to my daughter, who is a mid-level analyst in TD Ameritrade’s research department. SHE BUSTED OUT LAUGHING!
And then she told me something that concerned me deeply; for a moment. She said that william48’s figure of $30,000,000.00 in NOLs --- which he arrived at over a year ago --- was a mistake.
She went on to indicate that ASYI had --- as of December 31, 2011 --- a WHOPPING $34,513,000.00 of NOLs, as opposed to only $30,000,000.00 … and that the dollar amount of those NOLS continued to grow in operating year 2012. She also said that there is no company presently trading on the OTC that has such an extraordinary dollar amount of accumulated NOLs.
So I asked her for some LINKS …
The following is an absolutely clear, no BS statement taken directly from ASYI’s 2010 annual report (its 10K for that operating year, dated December 31, 2010):
-
“The Company [ASYI] has net operating loss carry-forwards, including from its [two] Canadian subsidiaries, which are available to offset future taxable income. At December 31, 2010, the Company has U.S. accumulated net operating loss carry-forwards of approximately $25,477,000, due to expire beginning 2025, and Canadian accumulated net operating loss carry-forwards of $6,007,000, due to expire beginning 2027.”
“The Company has net operating loss carry-forwards, including from its [two] Canadian subsidiaries, which are available to offset future taxable income. The Company does not have an accrual for uncertain tax positions as of December 31, 2011 and 2010. The future benefit of net operating loss carry forwards to the Company may be limited by on an annual basis and in total by Section 382 of the United States Internal Revenue Code as a result of prior ownership changes and depending on the future ownership changes.”
ASYI - The “NEWS” that will start in SWITZERLAND…
YEAH. SWITZERLAND!
I recently contacted a company that is familiar with AERO’s operations … and I will now share with you what I said to that company… and what it said to me:
AERO HAS ENTERED INTO A SOFTWARE-RELATED AGREEMENT WITH AN INTERNATIONAL COMPANY THAT REPRESENTS OVER 500 AIRLINE CARRIERS!!!!!!!!!!
But first a very brief bit of background … so that you’ll understand the conversation … and why I say that “NEWS” will come from Switzerland:
Hopefully (and this is a lot to assume on THIS board), we all now know and remember at least the following:
1. In 2011, ASYI’s CEO created AERO and purchased its internet domain name, “AERO-IQ”. In fact, Keech recently caught him in the act of trying to scrub his name from that registry.
2. Also in 2011, ASYI’s CEO and the man who invented the JetEngine software went off to work for AERO-IQ, where they were eventually joined by a team of highly esteemed executive “advisors”, such as the founder of WestJet Airlines, and the former CEO of American Eagle Airlines.
3. In March of 2012, ASYI divested the old AIS … but kept its OTHER two Canadian airline-related subsidiaries, as well as all of the ASYI “core-assets”, the ownership of which had NEVER been transferred over to AIS. ASYI simply divested its stock in AIS.
4. In June of 2012, AERO applied for, and received, approval to join the SITA Air Transport Industry’s Community Cloud software-to-rent platform.
5. In October of 2012, AERO suddenly appeared on the Merus Capital website as one of its 12 “iEnterprise” portfolio companies that Merus had invested in. … this despite the fact that the AERO link on that website is STILL disabled … 9 months after it first appeared … and 5 months after Merus claimed that AERO was going to launch its new software product.
A week ago, I posted detailed information about SITA and its Air Transport Community Cloud. It’s at Post #62711. If you haven’t done so, you at least need to do yourself a favor and look at the information posted in the LINKS contained there.
That posting of mine was referred to, among other things, as being no more that “BS” … so last week, I decided to personally contact SITA and ask them all about AERO.
The SITA office that handles all internet service vendors that want to sell their software-related services to the SITA membership of airlines is based in Geneva, SWITZERLAND.
The following are my e-mails … and SITA’s responses to those e-mails. I have scrubbed all personal information about myself, however, I have included the name of the SITA representative, together with his telephone number, and e-mail address … JUST so you can double-check on the accuracy of our conversations:
----------------------------------------------
Name: Mr. ____________
Company: ___________, Incorporated
Job Title: Principle
Email: _______________
Country: United States
Feedback/Question:
“Greetings to you:
I recently read that internet service vendors are registering with SITA’s new Air Transport Community Cloud. An article that was published on SITA’s website in October of 2012 specifically mentioned a company called “AERO-IQ” that’s going to be offering a revolutionary SaaS software product to SITA’s membership of airlines.
Could you please provide any information for us about this particular internet service vendor?”
Thanks
_______________
---------------------------------------------------------
Inquiry : ALERT –
Benoit.Verbaere@sita.aero
May 22 (3 days ago)
4:37 PM (23 hours ago)
Dear Mr _________
“Thanks for your inquiry, I will check what are the level of details we can share on Aero-IQ and let you know,
Thank you and kind regards, Benoit
Benoit Verbaere
ATI Cloud / SaaS & Internet Service Vendors Portfolio, SITA
Tel (M) +41 78 667 4663
Tel (W) +41 22 747 6385 (CVS 7 228 6385)
www.sita.aero
SITA | 26 Chemin de Joinville, 1216 Geneva, Switzerland
------------------------------------------------------------
From: ____________
__________________.com>
May 23 (2 days ago)
To Benoit.Verbaere
“Greetings to you Mr. Benoit:
Thank you VERY much for your kind effort!
Our __________-based publication is doing a feature article on the SITA ATI Community Cloud and how it will have a very positive economic impact on Atlanta ... especially the fact that one of SITA's nine new global cloud facilities will be based in Atlanta.
We assumed that AERO IQ was an Atlanta company ... but we have not been able to find any trace of it in Atlanta. Nor have we been able to locate any office of AERO IQ in the entire United States.
We have come to believe that the name, "AERO IQ" is not a correct legal name. We don't want to publish any information that is not correct. Therefore, we have made the attempt to reach out to you and SITA.
Again ... thank you for any information you can give to us.
Kindest regards,”
__________________”
----------------------------------------------------------------
Benoit.Verbaere@sita.aero
3:51 PM (17 hours ago)
to me
“Dear Mr ___________
We are under a Non-Disclosure Agreement with Aero-IQ and that’s all the information we can share.
Regards, Benoit
See you at the 2013 Air Transport IT Summit, Brussels, 18-20 June.”
----------------------------------------------------
So then, what is a “Non-Disclosure Agreement”?
It’s a LEGAL CONTRACT between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to or by third parties. It's a contract through which the parties agree not to disclose information covered by the agreement.
An NDA creates a confidential relationship between the parties to protect any type of confidential and proprietary information or trade secrets. As such, an NDA protects nonpublic business information. NDAs are commonly signed when two companies, individuals, or other entities (such as partnerships, societies, etc.) are considering doing business and need to understand the processes used in each other's business for the purpose of evaluating the potential business relationship.
http://en.wikipedia.org/wiki/Non-disclosure_agreement
AND NOW, SOME BETTER QUESTIONS:
1. So why did a long-presumed-dead, “POS” like ASYI and its offspring, AERO-IQ, enter into a “Non-Disclosure Agreement” with the largest airline membership organization in the entire world … an INTERNATIONAL company that represents over 500 of the world’s most major airlines; especially in light of the fact that ASYI never had any dealings with SITA in the past. It was only two weeks before ASYI’s CEO resigned that he attended (as a speaker) a SITA conference in Europe … and that was the very first time that he had ever done so.
2. And why is that “Non-Disclosure Agreement” still in effect? AERO involved itself with SITA in June of 2012, almost one year ago … and yet, that agreement STILL prevents SITA from disclosing what it was and is about.
3. And exactly what can’t SITA “disclose” about its relationship AND ITS ON-GOING AGREEMENT with AERO-IQ … and WHY? A Non-Disclosure Agreement prevents a party to an agreement from divulging information about the agreement. So what has AERO agreed to do with SITA that can’t be disclosed?
OBVIOUS ANSWERS:
1. AERO has joined the SITA Air Transport Industry’s “Community Cloud”, as I pointed out in Post #62711. It joined SITA in June of last year. There is absolutely no doubt of that fact as SITA has acknowledged it in a October 1, 2012 article on its website.
2. AERO’s re-engineered software is going to be offered to SITA’s membership of international airline carriers … … and AERO is now in SITA’s approved “revenue pipeline”.
3. When AERO comes out on the other side of that “revenue pipeline” and begins to market its software, we will read the NEWS of that announcement …
“NEWS” that will come from SWITZERLAND … where management of SITA’s “Internet Service Vendors” PORFOLIO is maintained!
ASYI – Absolutely EXCELLENT find ahhala! Absolutely EXCELLENT!!!!!!!!!!!!!!!
Your discovery CONCLUSIVELY puts to rest a lot of questions that were troubling certain people here. It also beautifully summarizes and puts into perspective EVERYTHING that has happened to ASYI from its inception through to the Autumn of 2011 … and its subsequent “Dark and Deceptive Period”.
But MOST IMPORTANTLY, it clearly shows what the PRICE of ASYI could trade at when it’s finally RESTRUCTURED into AERO-IQ and the announcement is made that its revolutionary product is being successfully marketed
ONE U.S. DOLLAR PER SHARE!!!!!!!!!!!!!!!!!!!
Just try and wrap your head around THAT mind-boggling number!!!!!!!
Also, the article clearly confirms that Tim Morgan, the FOUNDER of WestJet, Canada’s largest air carrier, has been a member of ASYI’s “Advisory Board” since the very beginning!!!!!!!!!!!!!!!!!
THERE IS A “REASON” THAT THE FOUNDER OF WESTJET HAS SAT ON THAT BOARD (AND CONTINUES TO SIT ON THAT BOARD) … TOGETHER WITH THE FORMER CEO OF AMERICAN EAGLE AIRLINES. IN FACT, BOTH OF THESE VERY IMPORTANT GENTLEMEN ALSO NOW SIT ON THE AERO-IQ “ADVISORY BOARD” AS WELL!!!!!!!!!.
A PPS OF ONE U.S. DOLLAR PER SHARE!!!!!!!!!!!!!!
The article that you found ALSO states the VERY important following fact:
“AISystems plans to make extensive use of channel partners as a means of distribution and deployment of its products and has sought out several such companies that have extensive airline customers.”
Switzerland ... and REMEMBER that I said that.
SWITZERLAND!
P.S.: just like I said "Big-Data" back in September ... and no one had ever heard of that word (except for Keech and '48).
SWITZERLAND! that's what they're waiting on!
And contrail ... he's ALSO on the Advisory Board of AERO IQ.
My main man!