I can lead a horse to water, but I can't make him drink !
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Crossing Automation is at Asyst Technologies address
http://www.bing.com/maps/default.aspx?v=2&pc=FACEBK&mid=8100&where1=46897+Bayside+Pkwy%2C+Fremont%2C+CA+94538-6572&FORM=FBKPL0&name=Asyst+Technologies&mkt=en-US
Thursdays Depth/Level II for Asyst Technologies Inc. (ASYTQ)
Still plenty of buying in the stock.
A trade of a mere 1,000 shares, brought the stock down to the close of 0.005c
Time & Sales
Price Size Exch Time
$0.0050 1,000 OTO 13:28:48
$0.0075 45,000 OTO 13:06:18
$0.0075 5,000 OTO 13:03:43
$0.0080 10,000 OTO 12:26:39
$0.0080 18,600 OTO 12:26:03
$0.0080 10,000 OTO 12:26:01
$0.0070 5,000 OTO 12:25:38
$0.0050 3,150 OTO 10:57:22
$0.0050 350 OTO 09:39:37
A close above 0.008c would be EXTREMELY BULLISH, and could bring in enough volume to clear all three of the pivots of 0.0092c, 0.01c, and 0.014c. Volume of more than 4 million shares would easily take the stock above all three pivots.
The move would probably coincide with some kind of news associated with Crossing Automation, perhaps its April 2011 Newsletter, or an announcement of a Reverse Merger (R/M), or Reverse Takeover (RTO).
The stock of ASYTQ has been in a confirmed Uptrend since its September 2010 low of 0.002c.
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=1&mn=0&dy=0&id=p40559267243
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=1&mn=0&dy=0&id=p76318365068
)))))>>>>> Target is $0.20 <<<<<<<<((((((
From 2/12/2010 12:29 PM
StockMarketNewsAlert.com NEW Corporate Stock Alert ~~~~~~~~~~~~~~~~~~~~~~~~~~
ASYTQ traded as high as $0.046 , up from $.006 on the 8th. Once we break $0.02 again, ASYTQ could reach $0.10 or better.
We haven`t seen news from ASYTQ since November 09` and anticipate news shortly which should send the stock higher.
The Company(Crossing Automation) develops, manufactures, sells and supports integrated hardware and software automation systems primarily for the semiconductor and secondarily for the flat panel display manufacturing industries.(Crossing Automation, Inc. ) ASYTQ is a Leading supplier of wafer-level automation to the semiconductor manufacturing and related industries. We bring to market a broad product portfolio spanning atmospheric pressure and vacuum-compatible platform modules.
Crossing Automation is at the leading-edge of automation technology development for semiconductor, MEMS and green technology-related manufacturing; as part of our commitment to driving the most effective, cost-efficient automation systems, our engineering department consistently strives to identify new approaches to automation technology and unique and innovative ways to implement existing and off-the-shelf components to increase customers` ROI and decrease time to market.
Target is $0.20
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=2&mn=0&dy=0&id=p12670876911
There are many targets “out there” and companies with lots of cash and lots of borrowing power are “on the prowl.”
Since tomorrow, Friday, is April 1st, it's interesting to review an article written nearly one year ago, that talks about Asyst Technologies and Crossing Automation and Applied Materials.
From April 4, 2010
Applied Materials Poised for Purchases
Applied Materials, Inc. is apparently on the hunt for bolt-on acquisitions. Chief Executive Mike Splinter told the Wall Street Journal he is open to more deals.....
Takeout targets could include start-up companies such as Crossing Automation, a semiconductor wafer manufacturer that purchased Asyst Technologies Inc. assets following Asyst’s bankruptcy last year.
Applied Materials is arguably in the strongest position to pursue an acquisition.
http://seekingalpha.com/article/196871-pulse-check-applied-materials-poised-for-purchases
Your Technical Update, for Thursday, March 31, 2011
Today is the last day of the Fiscal Year, 2010.
(The stock closed yesterday at 0.0055c, which is right where it began April 2010.)
ASYST TECHNOLOGIES (ASYTQ)
Strong Uptrend
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term.
A "triangle" indicates the presence of a very strong trend that is being driven by strong forces and insiders.
Based on a pre-defined weighted trend formula for chart analysis, ASYTQ scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Monday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, Week Ending April 2nd
+30 New 3 Month High in October
+100 Total Score <<<<<<<<<<<<<<
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=1&mn=0&dy=0&id=p50267192555
Merger Trend Heats Up
First, consolidations are taking place across virtually all industries. There are many targets “out there” and companies with lots of cash and lots of borrowing power are “on the prowl.”
The current merger and acquisition boom is still in its early stages. As such, premiums received by selling companies are low, “the lowest since the third quarter of 2007.” Premiums are always low at the start of an M&A boom.
http://seekingalpha.com/article/261006-merger-trend-heats-up?source=feed
Most investors become impatient when the "reverse merger" doesn't happen.
That is exactly what is happening, right now !!
They sell and take a loss, just before the stock takes-off!
So the strategy is simple.
1. You buy cheap.
2. Forget about them and continue on with your routine business, waiting for the "reverse merger" to be announced.
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=1&mn=0&dy=0&id=p50267192555
Asyst Technologies address vs. Crossing Automation address !!
Crossing Automation
U.S. Regional Offices
Corporate Headquarters
46702 Bayside Parkway
Fremont, CA 94538
Tel: +1 510 661 5000
Toll-Free: +1 800 345 7643
Fax: +1 510 661 5166
Asyst Technologies, Inc.
46897 Bayside Parkway,
Fremont, CA 94538
Telephone
(510) 661-5000Fax
(510) 661-5166
Fiscal Year End, is March 31st, tomorrow, Thursday !!!
Also, Crossing Automation, the company that leads the way as a contender for a R/M with Asyst Technologies, Inc.,, is due to release its April 2011 Newsletter.
The stock of ASYTQ, is at the "apex of the triangle" for a decision point !!!
It needs to breakout of this "Symmetrical Triangle" that it's been in, since September 2010, soon, if it's going to do it at all. Key resistance is still at 0.014c
Also, the Trustee that is handling the Bankruptcy case, should be releasing its report at the end of April, for the period of
January, February and March.
A lot of events, for the price movement of this stock.
We'll have to see how it plays out.
On a positive note, the first week of April brought gains to the stock in 2009 and 2010, even though those gains did not last, and the reason for that was because the stock was in a down trend cycle. The case currently, is different, so far. Currently, the stock is in a confirmed Uptrend.
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=3&mn=0&dy=0&id=p61474692305
Still within the confines of a "Symmetrical Triangle".
The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape.
ASYTQ:
Since the September 2010 closing low of 0.002c,
*the lower highs consist of 0.01c, 0.008c, 0.0079c
*the higher lows consist of 0.002c, 0.0025c, 0.0035c, 0.004c
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=1&mn=0&dy=0&id=p42096103463
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=W&yr=2&mn=0&dy=0&id=p15140719131
What are the costs of a Reverse Merger?
A reverse merger has six major cost components:
Shell acquisition
Accounting fees
Legal fees
Professional adviser fees
Filing fees
Financing fees
Often, acquiring control of the publicly traded company is the biggest cost of a reverse merger. As with many prices, the cost varies with supply/demand as well as the cleanliness of the financial and legal condition of the public shell. Over the last few months, shells have cost between $150,000 to over $500,000.
Accounting fees, legal fees, professional adviser and filing fees are largely dependent on the size and complexity of each transaction. Some transactions can be completed for about $50,000 while others can cost several hundred thousand dollars.
The upcoming April Newsletter, from the CEO of Crossing Automation, may be the "Key", as to the direction of ASYTQ's stock price.
ASYST TECHNOLOGIES (ASYTQ)
Uptrend
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume.
Based on a pre-defined weighted trend formula for chart analysis, ASYTQ scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Monday
-20 Last Price Below 20 Day Moving Average
+25 New 3 Week High, Week Ending April 2nd
+30 New 3 Month High in October
+80 Total Score
Trading Versus Non-Trading Shells - Trading shells are usually existing publicly traded companies that have fallen on hard times.
Percent of Public Company Held - Most reverse merger transactions are normally structured so that 90% PLUS of the outstanding stock will be held by the owners of the privately held company.
What’s a shell?
The SEC defines any company with “no or nominal operations, and with no or nominal assets or assets consisting solely of cash and cash equivalents” as a shell company.
All companies reporting to the SEC must indicate whether they declare themselves a shell company according to Rule 12b-2. Shell firms are traded either on the OTC Bulletin Board (OTCBB) or through Pink Sheets.
“[most] shells come into existence either with the sole intent of merging with unidentified single or multiple companies (these are called virgin shells), after being created with a business plan that fails to materialize (these are called development stage shells),
or after selling their operations and assets following bankruptcy (these are called natural shells).”
The sole purpose of most shells is to “find a suitor for a reverse merger agreement.”
The web-site for "asyst", is now working again.
It continues to bring you to the "Crossing Automation" web-site.
www.asyst.com
It was down yesterday, but, it is now working again this morning.
Your Technical Update, for Wednesday, March 30, 2011
Key resistance is still at 0.014c.
Stochastic Analysis
Alerts Stochastic Oversold Buried
Daily
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=0&mn=6&dy=0&id=p98200238584
The stock made gains, the first week of April, in both 2009 and 2010.
Weekly
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=W&yr=3&mn=0&dy=0&id=p68038892985
The Reason Why this stock went down sharply !!!!
QSGIQ began its climb in July 2010, on the announcement of the R/M, from the low of 0.0001c
That was 8-months ago !!!!!
..the stock price of most shell firms “tends to decay rapidly over time. The half-life of shell share prices is 172 trading days, or about eight months.” This leads them to ask why investors continue to hold shell shares and why the number of shell firms growing:
We find that approximately half of all trading shell companies consummate a RM in a given year. Since these firms have no operations, investors must be solely attracted by an expectation of a future RM agreement.
http://greenbackd.com/2009/10/07/shell-out-for-shells/
I noticed today, you can no longer access the www.asyst.com
web-site.
Up until yesterday, whenever you clicked on www.asyst.com, it would bring you to the Crossing Automation web-site.
Something significant, may be at hand, with regard to this.
It definitely has my interest, and peaks my curiousity.
Not sure what it means, but I'd like to believe that it has something to do with somekind of "phase-in" for a R/M between Asyst Technologies and Crossing Automation, at the very least.
The Trustee did speak of the final phase of the Bankruptcy Case being near. Maybe getting rid of the old www.asyst.com web-site is one of the phases that needs to come undone.
Fiscal year end, is 3/31 !!!
Notice the different quotes on Crossing Automations Revenue !!!
One of them, happens to be the last reported revenue of Asyst Technologies, Inc. from its 2008 8-K
Crossing Automation, Inc.| Private Company
(founded in 2003 and is based in Mountain View, California.)
Revenue (ttm): $2.90M
http://www.insideview.com/directory/crossing-automation-inc
Crossing Automation (Previously Asyst Technologies) -
(46897 Bayside Pkwy Fremont, CA (USA) 94538)
$460 Million sales 1100 employees
http://www.medibix.com/CompanySearch.jsp?cs_choice=t&clt_choice=t&treepath=16359&stype=i
Asyst Technologies, Inc.
3/31/2008 (12 Months)
Revenue $457 Million
More Technical Update, for Tuesday, March 29, 2011
ASYST TECHNOLOGIES (ASYTQ)
Uptrend
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend.
Based on a pre-defined weighted trend formula for chart analysis, ASYTQ scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
-10 Last Hour Close Below 5 hour Moving Average
+15 New 3 Day High on Monday
-20 Last Price Below 20 Day Moving Average
+25 New 3 Week High, Week Ending April 2nd
+30 New 3 Month High in October
+70 Total Score
Yesterday, Monday, BUYERS "dominated", and ASYTQ hit an intra-day high of 0.008c, on better than usual volume of 180,000 shares, and then in the last 15 minutes of trading, a sell order of a mere 1,000 shares caused the price to drop back down to the previous days close of 0.004c.
The position of the days high price indicates a reversal pattern, and that plenty of buyers are still around. Buyers dominated the trading, and they were able to drive the prices higher during the day.
Daily
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=2&mn=0&dy=0&id=p02877704553
Weekly
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=W&yr=2&mn=0&dy=0&id=p97091118650
ASYTQ'ers will want to keep this in mind !!!
Q*S*G*I Emerging From Chapter 11 Reorganization
Q*S*G*I, Inc. announced that on March 21, 2011 its Plan of Reorganization (the "Plan") was confirmed by the U.S. Bankruptcy Court, Southern District of Florida, West Palm Beach. The final order confirming the plan will be recorded as early as today. As part of the Plan, Q*S*G*I will merge with KruseCom in a stock-for-stock transaction and is expecting to emerge from bankruptcy in approximately 60 days. Under the plan, stockholders retained their common shares.
According to Marc Sherman who serves as Chairman and CEO of Q*S*G*I, Inc., "The combination of Q*S*G*I with its restructured balance sheet and ties to large customers and investment markets and KruseCom with a profitable operation in a corollary business, deep management strength and strong balance sheet will provide a great launching pad to capitalize on the fragmented information technology services market."
Mondays, Depth/Level II, for Asyst Technologies Inc.(ASYTQ)
Time & Sales
Price Size Exch Time
$0.0040 1,000 OTO 15:52:52 [/b]<<<<<<<<< a mere 1,000
$0.0080 30,000 OTO 11:59:51
$0.0070 9,000 OTO 11:50:50
$0.0060 10,000 OTO 11:46:32
$0.0060 10,000 OTO 11:46:25
$0.0060 10,000 OTO 11:45:54
$0.0060 80,000 OTO 11:43:26
$0.0060 25,000 OTO 11:34:23
$0.0040 2,150 OTO 10:58:52
$0.0040 2,972 OTO 10:42:13
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=W&yr=2&mn=0&dy=0&id=p97091118650
Your Technical Update, for Tuesday, March 29, 2011
Yesterday, Monday, BUYERS "dominated", and ASYTQ hit an intra-day high of 0.008c, on better than usual volume of 178,000 shares, and then in the last 15 minutes of trading, a sell order of a mere 1,000 shares caused the price to drop back down to the previous days close of 0.004c.
The position of the days high price indicates a reversal pattern, and that plenty of buyers are still around. Buyers dominated the trading, and they were able to drive the prices higher during the day.
Daily
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=2&mn=0&dy=0&id=p02877704553
Weekly
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=W&yr=2&mn=0&dy=0&id=p97091118650
Nearly half of the U.S. companies listed as public over the last five years, did so through "reverse mergers"
Why would Crossing Automation, a Private company, want to acquire Asyst Technologies, a Public Company, in Reverse Merger ?
...because, with access to the public markets, they would be able to take advantage of opportunities and execute strategic growth initiatives that they've previously had to pass up.”
www.goingpublicnow.com/index.html
If you doubt this is a R/M,STOP....and think about this.
When Asyst Technologies split up its assets, and sold them to the three different companies, Crossing Automation, The PEER Group, and Murata Machinery Ltd.,
consider the FACT, that it is Crossing Automation, the only one of the three, that retained the "asyst.com" web-site, and its Logo.
consider the FACT, that it is Crossing Automation, the only one of the three, that has retained the Asyst building and address.
consider the FACT, that it is Crossing Automation, the only one of the three, that is consistantly making reference to buying Asyst. In many instances, Crossing makes the statement that they are buying Asyst, which implies more than just assets.
Now consider this.
The word "Assets", can be many things. It can be a building. It can be receiveables. It can be a companies IP.
Assets can also be the companies outstanding "shares of stock".
Of the three companies that Asyst Technologies has sold their assets to, Crossing Automation continues to get the bulk of the attention.
It is completely within the realm of possibility, that "behind closed doors", the plan for a "Reverse Merger" between Asyst Technologies and Crossing Automation has been, and currently is, "in-the-works", and will be announced at the time that all parties involved have deemed appropriate, either because there are still "i"s to be dotted, and "t"s to be crossed, or because of some other loose end that needs to be completed first.
Within the letter of the Law, "Reverse Mergers" have got to meet certain requirements, as does every merger and aquisition.
Crossing Automation is a Private company.
The semiconductor industry is doing extremely well right now, and expects to continue to reward investors over the next several years with double digit returns.
The one way for Crossing Automation, to take advantage of this positive business climate, is to do a R/M with Asyst, so that it can become a Publicly traded company.
Remember what the past CEO of Crossing Automation had said.
“We have been looking for an entry point into the complimentary atmospheric wafer handling market since our official market entry last year,” stated Jed Keller, President and CEO for Crossing Automation. “The fact that
****************************************************************
we have been able to come to agreement to acquire the leading provider
****************************************************************
of such technology puts us in an extremely strong position to service the semiconductor equipment market with a complete set of automation solutions that help manufacturers improve reliability and drive down cost.”
Nearly half of the U.S. companies listed as public over the last five years, did so through "reverse mergers"http://www.goingpublicnow.com/index.html
http://www.stagfinancialgroup.com/shells.htm
What is a Reverse Merger?
http://www.stagfinancialgroup.com/rmerger.htm
http://findarticles.com/p/articles/mi_m0EIN/is_20090731/ai_n32401312/?tag=content;selector-search
Reverse Merger: When a Private company BUYS a Public company; not the assets, but "the whole" company !!!
When Intel supplier Asyst Technologies got into trouble in 2009, Intel Capital guided Crossing Automation into buying Asyst, saving 100 jobs and safeguarding Intel's domestic supply chain.
Crossing Automation received the $6.5 million it needed to complete the Asyst buy from its investors, Intel Capital and Tallwood Venture Capital.
When Intel supplier Asyst Technologies Inc. ran into financial difficulties and faced bankruptcy in 2009, Intel Capital guided Crossing Automation into buying Asyst, ensuring that Intel’s domestic supply chain would not be disrupted.
“The fact that we have been able to come to agreement to acquire the leading provider
http://findarticles.com/p/articles/mi_m0EIN/is_20090731/ai_n32401312/?tag=content;selector-search
http://www.williamjholstein.com/blogs/big-companies-look-small-innovation
http://blogs.wsj.com/venturecapital/2010/03/30/with-applied-materials-on-the-prowl-which-start-ups-will-benefit/
http://chiefexecutive.net/ME2/Audiences/dirmod.asp?sid=&nm=&type=Publishing&mod=Publications%3A%3AArticle&mid=8F3A7027421841978F18BE895F87F791&tier=4&id=6558CCEBF36347C49216B4C72A10E7A7&AudID=F242408EE36A4B18AABCEB1289960A07
Your Weekend Technical Update for March 26, 2011
Technical Observation:
One "Key", to knowing if there is any kind of an improving trend with regard to a stocks price, is to observe the moving averages, to see if they are making "new recovery highs".
In the following chart, you will notice that the "red" 34-day, moving average is, in fact doing just that.
At NO TIME, since the April 20th, 2009 Chapter 11 filing do we see a new high in this moving average, until it started this month.
In addition, both the 8-day and 34-day moving averages crossed over the 200-day moving average for the first time, also.
Also, on a weekly basis, the chart clearly shows that the "blue" 8-day M.A. has crossed over the 34-day M.A. for the first time in 2-years, and it is rising.
From a purely technical standpoint, this could be significant.
Daily Chart
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=2&mn=0&dy=0&id=p02877704553
Daily Chart
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=2&mn=0&dy=0&id=p31340603091
Weekly Chart
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=W&yr=2&mn=0&dy=0&id=p31294180412
ASYTQ, can continue to trade sideways into the next released report from the Trustee, which should be around April 25th.
( The Reports have been released near the last week of the month that has followed the three month period that they cover.)
The next Report should cover the period of January 1 thru March 31st 2011. Therefore, the next released report should be near the last week of April. ( which happens to be the two year anniversary of the companys Chapter 11 filing, of April 20th, and also the next Newsletter Business Update from Crossing Automation)
One could wonder if the timing of all of these events has been considered for the release of a major news announcement !!!
The stock right now, has been trading side-ways since September.
Also, the patternn that have taken shape, are of the Symmetrical Triangle, and Head and Shoulders Bottom (Reversal.
Both of these patterns, when observed in the bigger picture, account for the possible expectations, and speculative outcome, for a positive result of the stocks price, going into this final phase of the companys Chapter 11 case.
In other words, the stock is trending sideways, still within the context of an uptrend Symmetrical Triangle (lower highs, and higher lows) pattern, off of the 52-week bottom that was set in
September of last year. The breakout of this triangle will happen around the time of the NEWS of either a resolution to the Chapter 11 case, or a RTO (R/M) Reverse Merger.
A couple of FACTS that can be thought about with ASYTQ.
Though the Chapter 11 liquidation plan was confirmed on February 3, 2010 in the Northern District of California Bankruptcy Court, this complex case continues, with objections from several parties, including Key Bank, Crossing Automation and Intel, and with coordinated bankruptcy filings in the United States and Japan.
******************************************************************
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 10, 2010
Asyst Technologies, Inc.
5. Plan Objections . In response to the Plan Objections by Crossing Automation, Inc. (“Crossing”) and Intel Corporation (“Intel” and, together with Crossing, “Crossing/Intel”), on the one hand, the Debtor and Key Bank, as agent for the pre-petition lenders (“Debtor/Key Bank”), on the other hand, agreed on the record that $254,175.06 shall be paid forthwith by the Debtor to Crossing. Upon such payment, Crossing/Intel on the one hand, and Debtor/Key Bank, on the other, shall generally and mutually release each other from any and all claims whatsoever, known or unknown, arising in or any way related to the Asyst bankruptcy case and the parties expressly waive the protection of Cal. Civ. Code 1542 , which is incorporated herein. Crossing and Intel are not releasing any claims which may exist between each other, KeyBank is not releasing any claims against Crossing or Intel unrelated to the Debtor, Crossing and Intel are not releasing any claims against Key Bank unrelated to the Debtor, and the Debtor is not releasing any claims of the Debtor against Mr. Clegg.
*****************************************************************
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7121392
_________________________________________________________________
You will notice, that on page 20, the document has NOT been signed.
ASYST TECHNOLOGIES, INC., AS DEBTOR AND DEBTOR IN POSSESSION.
By:
Name: Paula C. Lu Priore
Title: The Debtor’s Responsible Person
LIQUIDATION TRUSTEE
By:
Name: Scouler & Company, LLC
Title: Liquidation Trustee
ACKNOWLEDGED AND AGREED TO:
STEERING COMMITTEE MEMBERS
By:
Name:
By:
Name:
By:
Name:
Liquidation Trust Agreement
20
__________________________________________________________________
According to the Scouler & Co., (serving as the liquidating trustee.)
1. ASYTQ is a "successful case".
2. ASYTQ is in the "final stage of completion".
3. [the debtors] "achieved a better than expected result.”
http://www.scouler.com/index.php/scouler-co-feature-article-in-the-deal/
and....
"The recovery, estimated to be approximately 80%, significantly exceeds the initial expectations of the secured lenders."
http://www.scouler.com/index.php/appointed-liquidating-trustee-of-the-asyst-technologies-liquidating-trust/
Your Technical Update, for Friday, March 25th...
ASYST TECHNOLOGIES (NASDAQ:ASYTQ)
Weak Downtrend
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend.
Based on a pre-defined weighted trend formula for chart analysis, ASYTQ scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
-10 Last Hour Close Below 5 hour Moving Average
-15 New 3 Day Low on Monday
-20 Last Price Below 20 Day Moving Average
-25 New 3 Week Low, Week Ending March 26th
+30 New 3 Month High in October
-70 Total Score
Short-Term Close Line Chart
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=0&mn=6&dy=0&id=p11750922410
Long-term Close Line Chart
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=3&mn=0&dy=0&id=p44064912088
Long-term OHC Bar Chart
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=3&mn=0&dy=0&id=p17539760164
This next report would most likely appear around the 25th of April, and would then be roughly two years from the date of the April 20th, 2009 filing of Ch.11 Bankrupcy.
***************************************************************
Note, that each news item from the Trustee, wether it was from their own statement on their web-site, or through the court docket, sparked a move-up in the price of the stock.
( see 10/22/2010, and 1/25/2011, and dates in January 2010 )
**************************************************************
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=3&mn=0&dy=0&id=p17539760164
Traders might be waiting on the next report.
The last report came out 1/25/2011
The next report might be for the PERIOD JANUARY 1, 2011 THROUGH MARCH 31, 2011
Docket #643
1/25/2011 Report: ASYST LIQUIDATION TRUST TRUSTEE REPORT FOR THE PERIOD OCTOBER 1, 2010 THROUGH DECEMBER 31, 2010
Filed by Other Prof. Scouler & Company (Attachments: # (1) Certificate of Service) (Danker, Ashleigh)
Debtor: Asyst Technologies, Inc.
http://dm.epiq11.com/ATI/docket/Default.aspx?rc=1
Yes, a stock that has a soft stock price and low volume is boring to many, but as they say on Wall Street: "Never sell, or go short a dull market."
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=0&mn=6&dy=0&id=p36696436608
this alone should make you wonder about a R/M between Crossing and ASYTQ.
...stated Jed Keller, President and CEO for Crossing Automation. “The fact that we have been able to come to agreement to acquire the leading provider of such technology puts us in an extremely strong position
Notice, that the words clearly say "acquire the leading provider"
**********(It doesn't say acquire the assets.)*****************
*******This stock has R/M (Reverse Merger) all over it !!!*****
http://www.wikinvest.com/wikinvest/api.php?action=viewNews&aid=235998&page=Stock%3AAsyst_Technologies_%28ASYT%29&format=html&comments=0
R/M ? Ask yourself this question....
Why would Crossing Automation be saying (it) has sales of $460 Million,
when it was Asyst Technologies, Inc that had that figure,
NOT Crossing.
And why would Crossing be referring to itself as (Previously Asyst Technologies), unless there has been a formal aquisition, but has yet to be announced formally?
Words are the "key" to understanding this situation.
A lot of mixed messages have been written over these last two years. None of them have been clear, and many of the writers have chosen to say no comment.
http://www.medibix.com/CompanySearch.jsp?cs_choice=t&clt_choice=t&treepath=16359&stype=i
...believes the company is likely to continue running in one form or another
Asyst CEO resigns as firm seeks buyer
Dylan McGrath , Mark LaPedus
4/30/2009 11:50 AM EDT
Asyst CEO resigns, but who will buy firm?
SAN JOSE, Calif. -- Stephen Schwartz, chief executive, president and chairman of troubled Asyst Technologies Inc., has resigned from the company, according to a filing with the U.S. Securities and Exchange Commission (SEC).
Asyst (Fremont, Calif.) has also hired a chief restructuring officer, according to the filing. But the resignation of Schwartz, coupled with Asyst's recent bankruptcy filing, has begun speculation that several companies may bid to acquire the company. Hit hard by the IC downturn, fab-tool automation vendor Asyst recently filed for bankruptcy and is looking for a buyer. Asyst's customers include Intel, TSMC and others.
Potential suitors for Asyst include Applied Materials, Aquest, Brooks, Daifuku and even an automotive concern, according to sources.
Risto Puhakka, president of semiconductor industry research firm VLSI Research Inc., said that he did not know how the Asyst situation would play out, but that he believes the company is likely to continue running in one form or another, either after being acquired or after reorganization through bankruptcy. Asyst has a lot of equipment in the field under warranty, he said.
Puhakka said two possible acquisition suitors are Brooks Automation Inc., a direct competitor, and Applied Materials Inc., the No. 1 semiconductor equipment company, which does have some automation products. But he added that this was pure speculation and that he had not yet crunched the numbers to see if an offer from Brooks was even viable.
Puhakka speculated that another offer from Aquest Systems Corp., which was in talks to acquire Asyst last year, was not likely to be forthcoming. That offer was backed by a lot of private equity, Puhakka, which may no longer be in place.
Last October Asyst and Aquest broke off merger talks after failing to reach an agreement. In July Aquest sent a letter to Asyst expressing interest in acquiring the company for $6.50 a share.
As of Thursday, Asyst's stock was just over 4 cents a share. Still others believe Aquest may renew its bid for Asyst. ''Some think we will have a role to play,'' said Mihir Parikh, president and chief executive of Aquest. ''Beyond this, I can't comment.''
http://www.eetimes.com/electronics-news/4082836/Asyst-CEO-resigns-as-firm-seeks-buyer?pageNumber=1
Yes !! Well worth the gamble !!
another Q*S*G*I*Q perhaps
something is going to unfold here....not sure what exactly.
speculating on a R/M,or RTO,
or maybe just plain old speculation.
Somebody, or some group of people know something though.
Either a Hedge Fund has a large stake, or another company such as Applied Materials, or Brooks Automation, or some other
semi-conductor company interested in going public, like Crossing Automation, or Aquest Systems.
Somebody has a vested interest in this stock.
Somebody picked up a lot of shares last February, to the tune of over 15 million of them.
As the company grows closer to a conclusion in the Chapter 11 case, we will see a break-out of this side-ways trading triangle.
Just waiting on the NEWS.
Bring on the NEWS !!!
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=D&yr=2&mn=0&dy=0&id=p73539411061