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Sharktnk,
Do you have any information from your friend or company that was not paid by Asyst? I think you said you were aware of some of the lawsuits or companies that were not paid? What was the claim? Do you have contact with them and what or how did they settle issue?
I think we are all aware that this stock may or may not go anywhere just curious as to the actions and informaition proposed. I do not believe edurk has misinformed any one and has told everyone to do their own DD? There seems to be some information that otc pinks could be and could not be traded-actually have not confirmed? Could he be speaking about the MM's? Just wondering?
Do you have any information or DD? Just wondering as I truly will listen to both sides! Thanks for any or all imput.
Good luck with whatever you decide to do?
Interesting? I thouhgt they were clear? that explains a lot...and is not exceptionally good or is it? I wonder if there is more issues and why these claims can't get settled? oviously these need to be setled if there is any consideration for R/M? if no R/M this will effect the return of what is thought to be .36c?
All good...just going back through some old emails and info and noticed this again? Don't know exactly what it means but interesting none the less! Lets all hope it's good for us in the end- Thanks!
it's the definitive agreement language with crossing and not with the others is all. I never noticed this? I know it's old but the language with crossing-so when I looked at what this meant I added it to the post as well-just interesting is all! Trying to help but oh well... I didn't know you knew already what this meant!
looking for any recommendation for long term stock holders-what to do? watch and sell as soon as it starts to move or hold and see what split will be? trader and ideas?
trader53? why r you not the mod?
what happened?
Asyst sells assets to three companies
SAN JOSE, Calif. -- Ending perhaps the last chapter in a painful saga, Asyst Technologies Inc. has agreed to sell its entire assets to three companies: Crossing Automation Inc., Murata Machinery Ltd. and the Peer Group.
In the first deal, Asyst has sold its automated material handling systems (AMHS) line to Japanese rival Murata, according to court documents. That deal is worth $110 million, according to the Fabtech Web site.
In the second deal, Crossing Automation has entered into a definitive agreement to acquire the assets of Asyst's atmospheric technologies. The sale includes Asyst's sorter lines, EFEM (equipment front end module) and RFID products.
And finally, Asyst has sold its connectively software to the Peer Group. After the final approval of these deals, this essentially means that fab-automation pioneer Asyst will no longer exist.
http://www.eetimes.com/electronics-news/4084073/Asyst-sells-assets-to-three-companies
Definitive, Licensing, and Joint Venture AgreementsDoing the Definitive Agreement - Templates, Tools, and Guides
The definitive agreement is the contract that governs the terms and conditions that binds the parties in a merger, acquisition, divestiture, joint venture, or strategic alliance transaction where one company combine its business with one or more other companies through a sale of the company or a sharing of resources. Sample agreements are shown below.
http://www.jvmergerhelper.com/Definitive_Agreement.htm
Lets keep rolling... any new info?
Today One Month Three Month One Year
ASYTQ
+42.86% +156.41% +31.58% +150.00%
Dow
+1.31% -8.52% -9.02% +10.81%
S&P500
+1.46% -9.13% -10.04% +10.82%
Nasdaq
+1.22% -9.00% -8.76% +16.80%
Crossing Automation Acquires Asyst Assets With Venture Backing
Mountain View-based Crossing Automation announced today that it has entered into a definitive agreement to acquire several pieces of Asyst Technologies' business out of bankruptcy. The firm was supported by investment bankers Tallwood Venture Capital and Intel Capital in the acquisition, but did not disclose details of any related funding from those firms. The firm said it acquired Asyst Technologies' atmospheric technologies and IP including the sorter, EFEM (equipment front end module) and RFID products. Financial details of the buy was not disclosed. Asyst said it had sold its fab automation assets to Crossing Automation Friday.
http://www.silicontap.com/crossing_automation_acquires_asyst_assets_with_venture_backing/s-0023206.html
Crossing Automation Gets Acquisition Approval
Mountain View-based Crossing Automation reports today that it has gained court approval on an asset purchase of Asyst Technologies' atmospheric technologies and IP assets. The firm said the approval is a "critical" step along its efforts to acquire the product line. Crossing Automation had said it was acquiring the assets earlier this month, using funding from its venture backers, Tallwood Venture Capital and Intel Capital.
http://www.silicontap.com/crossing_automation_gets_acquisition_approval/s-0023591.html
trader53,
hey do you have a way to get notified when asystq makes the move. I find it hard to monitor the movemenet each morning etc due to other obligations? I was wondering if there is an email notification if it moves beyond a certain point or if there is a txt i can receive? Do you know of any?
Thanks
What is Tallwood’s role after the investment is made?
Tallwood takes an active role in our portfolio companies, offering our technical and operations expertise as well as connections with other resources – e.g., consultants, strategic partners, service firms – that are important for helping entrepreneurs build successful companies. For instance, we might advise on marketing and technology strategies, recruiting, forging partnerships (technology, distribution, sales, etc.), ideas for solving technical challenges and securing future financing.
A portfolio company typically has one Tallwood partner on its board of directors and one or two EIRs helping the company in specific areas. However, the whole Tallwood team works together on behalf of each company. Tallwood also provides tools and pays for initial consulting to establish the business infrastructure, so the company can focus on its core competences.
what's going on today? seems like a lot got traded-no?
How many of Tallwood’s portfolio companies have gone public? How many have been acquired?
As of April 2006, two Tallwood portfolio companies (Marvell Technology Group [MRVL] and SiRF Technology Holdings [SIRF]) have gone public and six have been acquired.
Why has Tallwood decided to focus exclusively on semiconductor companies and semiconductor-related technologies?
Our basic philosophy is simple: Invest in the industry where you have deep operating experience, including successful startup experience. For Tallwood, that industry is semiconductors. The Tallwood investment team members have had senior operating roles in semiconductor companies, giving us the rich technology and industry understanding needed to support our exclusive focus. By putting our attention exclusively on semiconductors and related investments – and carefully choosing portfolio companies that match our strengths – we ensure that there is a good match between the expertise, goals and working styles of Tallwood and the companies in which we invest.
Saguaro Technology - news and infos
Saguaro Technology and Crossing Automation, Inc. extend their agreement for another term. Crossing Automation supplies wafer automation systems, equipment, ...
maybe this will be the D-day for announcement?
ISMI Manufacturing Week
October 17 - 20, 2011
Austin, TX
or
SEMICON Japan
December 7 - 9, 2011
With Hakuto Co., Ltd.
In booth 6C-707
Makuhari Messe
Chiba, Japan
Yeah-thanks!
Didn't fully understand either? Hopefully this turns out to be an intersting R/M benifiting all of us positively!
chat soon-
what does your last post mean? is that good or bad for shareholders?
Nothing said about R/M?
Just all info related to payouts etc and proof service.
All items/account/payments/buisness to be complete by sept or sooner with only estimated of 187k in bank total?
This will not mean .32 cent per share?
Am i seeing something wrong...
The status of Litigation Causes of Action and other causes of action
There are no Litigation Causes of Action or other causes of action to report during the report period.
Claimant Status
HP Admin. Claim Resolved
As of June 31, 2011 the consolidated balance in the Asyst Liquidation Trust checking and savings account was $402,927.98
thats it?
even if they go to $1.00. For those who have held stock for sometime and have been aquiring it over the last several years (not so much recently) our exposure is more than $1. If you own 50,000 shares and they complete a reverse merger and wipe 3/4 of your shares during the process then even at $4.00 a majority of us will still loose money. Any thoughts? Edurk what's your speculation on what they will do with shares if they do complete an R/M-? I guess it's anyone's game?
Given the low amount of outstanding shares one would think they don't need to dilute any shares...I've seen it done before giving new and old share holders complete value within new company.
Why does the graphs show differnt?
Asyst Technologies ( (ASYTQ)
0.0073 ? 0.0 (0.00%)
Volume: 600 @ 2:41:48 PM ET
and volume of 56,346?
Why the difference unless?
Edurk one of your posts is missing? what happened?
It was the one where you thought something wreird was happening?
Any new info?
DO WE CONTACT OUR BROKERAGE ACCOUNTS TO HAVE THEM TRANSFER? I SUPPOSE MY BROKER WILL KNOW JUST HAVE NEVER DONE IT THIS WAY BEFORE? HAVING TROUBLE PURCHASING LARGE AMOUNT SO THIS WAY MAY BE BETTER?
Edurk,
If the pending law suits also indicate "crossing" than why would it hinder the RM announcement? They have already aquired these IP stuff so regardless if the RM is done Crossing will have to defend them self no? Your right it could be an issue however it should prevent RM announcement? Who knows at this point?
However, what was the last claim,,,HP or IBM? Has that been resolved? Don't see it anymore?
Thanks for all your help
I know someone who has about 200000 shares. How can he transfer them to me or can he? Is there a problem with doing this?
EMC RENEWAL FOR ASYST TECHNOLOGIES - ASYST8-29-08 - Warranties ... May 17, 2011 ... Buy a EMC RENEWAL FOR ASYST TECHNOLOGIES or other Warranties - 3rd ... Autodesk AutoCAD 2012 · Database & Business Intelligence Software ...
www.cdw.com › All Categories › Services › Warranties - 3rd Party
Asyst-private company? they've got it wrong I think or is this because of crossing... all this information is so confusing>?
Asyst Technologies, Inc.: Private Company Information - BusinessWeek Asyst Technologies, Inc. company research & investing information. Find executives and the latest ... NYC2012, Inc. United States. Bertelsmann AG, Europe ...
investing.businessweek.com/research/stocks/private/snapshot.asp?... - Cached- Block all investing.businessweek.com results
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=25172
Asyst? still working overseas? do they mean crossing or is this a mistake?
Companies who are exporting American jobs overseas
Posted on February 2, 2011 by William Brighenti
http://www.cpa-connecticut.com/blog/?p=1688
Asyst had some great engineers?
http://www.businessweek.com/magazine/content/11_13/b4221047118407.htm?campaign_id=rss_null
Roger Hine's Seagoing Robot
The engineer quit Asyst to found Liquid Robotics and invent the Wave Glider, which trolls the sea and returns undamaged
Donations to Obama campaign,,,same as asyst? Is this another clue? Did crossing just list what asyst already contributed?
CONTRIBUTIONS FOR OBAMA FOR AMERICA CROSSING AUTOMATION, 100.00.
CONTRIBUTIONS FOR OBAMA FOR AMERICA CROSSING AUTOMATION, 100.00. CROSSKEYS MEDIA, 100.00 .... DAN MAR CO, 100.00. DAN SCOULER, 250.00. DAN SEALS FOR CONGRESS, 25.00. DANA, 250.00 ...
query.nictusa.com/pres/2008/M6/.../A_EMPLOYER_C00431445.html - Similar
CONTRIBUTIONS FOR OBAMA FOR AMERICA CONTRIBUTIONS BY EMPLOYER ...... ASYST, 100.00. AT & T, 155.00. AT HOME, 5610.00. AT HOME MOM, 2145.00 ...... GREEN ORDER/CLEAN TECH FOR OBAMA, 350.00 ...
query.nictusa.com/pres/2008/M9/.../A_EMPLOYER_C00431445.html - Similar
only 200 employees not 1100 like some sites say...
also not the income as previously stated-can anyone else confirm?
Type
Privately Held
Company Size
51-200 employees
Website
http://www.crossinginc.com/
Industry
Semiconductors
Founded
2005Headquarters
46702 Bayside Parkway
Fremont, CA 94538
United States
Anne Banta is now Corporate Communications at Crossing Automation
was Director, Corporate Communications at Adaptec
7days ago
http://www.linkedin.com/company/crossing-automation
Crossing Automation Activity on LinkedIn
Posted a new job opportunity: Sr. Financial Analyst / Finance Manager 12hours ago
http://www.linkedin.com/company/crossing-automation
This is what they do?
- Chief Restructuring Officer
- Crisis & Interim Executive Management
- Financial & Turnaround Advisory
- Lender Negotiations & Debt Restructuring
- Valuations
- Refinancing
- Chapter 11 Responsible Person
http://www.scouler.com/index.php/services/corporate-executives/
Asyst Technologies Inc. Develops, Manufactures and Markets Mini-Environment Systems FA to Senior Lenders and Liquidating Trustee
http://www.scouler.com/index.php/industries/
Confirm all claims are paid?
Is the HP claim or IBM claim paid (can't remember which company)?
I dont think the last claim is large is it?
Liquidating Trustee
At Scouler & Company we are committed to achieving the highest net-recovery for our clients. As a liquidating trustee we have liquidated over a billion dollars in assets in many different industries. We have a proven track record of achieving excellent results in a proactive and innovated manner. Our approach involves finding creative solutions to problems without allowing costs to erode the ultimate recovery. To accomplish this feat we define the problems and act quickly to resolve them, especially for perishable assets or those that have heavy carry costs. We also apply certainty to get the deal across the finish line. It is critical to understand the buyer, their motivation, and to limit the risk of the out. To quote from a recent client, “ Scouler’s efforts led to the identification of every material asset of the debtors and the implementation of a corresponding plan to monetize each in a cost effective manner.”
http://www.scouler.com/index.php/services/liquidating-trustee/
Still, no firm can keep its cases forever, and Scouler & Co. (16th in volume, $1.6 billion in total assets in 14 high-volume cases) is no exception.
http://www.scouler.com/index.php/scouler-co-feature-article-in-the-deal/