Allied Security Innovations Inc (ADSV)

[stervc]

gh0st, with ADSV and the recent 8-K...

I share your same sentiments here regarding ADSV. I truly believe that some investors are truly not getting it... yet.

In my opinion, those who don't see it now... will see it later. There have always been a few key variables with a stock for experiencing how strong it moves and grows into the future. Before we talk about the 8-K that I thought was very good, let's get something clear. Based on doing further research, I have learned that Oyo is still on the table or to better state, something involving Oyo is still on the table. I have also learned that there are also others that have brought operations to consider to the table that some believe could prove to be just as good as what Oyo will bring to the table and would likely be something existing in conjunction with an Oyo related deal. Regardless, I believe that whatever is decided to be brought into ADSV will be far better than what's in it now for an operations. I think some are still not getting this... yet.

Now let's talk about the recent ADSV 8-K.

First... They stated that the current sum of $600,000 has been resettled at about $30,000. This shows that they have some serious plans to move forward as this is something that was discussed within the forum for a resolution. This is AWESOME!

Second... The company stated that they are reducing the Authorized Shares (AS) down from 10 billion shares to under 1 billion shares. This eliminates any of the dilution concerns that some were being perceived. This is AWESOME!

Third... One of the most important variables is the share structure. They stated and clearly explained why even though the Outstanding Shares (OS) is approximately 411 million shares, the float or shares in circulation at the DTC or the shares in “street name” is approximately 230 million shares due to a lost stock certificate of 180 million shares that is agreed upon to never be authorized to hit the market even if it is ever recovered. So this means that the "actual" float is approximately 230 million shares with the OS being approximately 411 million shares. This is AWESOME!

Fourth... They stated that the interim management controls the company through preferred shares only. Then they stated that the management has no common shares under its control or direction. This means that the OS should remain the same upon the closing of an acquisition or merger coming into ADSV and will consummate from a Share Exchange Agreement that will likely take place with the Preferred Shares that exists as the Control Block. This is AWESOME!

Now here is where it gets a little tricky for understanding what I believe is a subliminal message. They stated that... "The preferred shareholder is on a 120 day sign back with the previously announced targeted purchaser for the control block of the preferred shares."

The preferred shareholder = Interim Management = ADSV
The previously announced targeted purchaser of control block for preferred shares = Oyo

This leads me to think that Oyo will do something with the ADSV public entity before that 120 days elapse of which by my clock, could be within the next less than 30 days.

Fifth... They stated that the company has reached a settlement with other service providers which removed the long outstanding overhang and allows the company to move forward with meaningful operations. This is AWESOME!

Sixth... They stated that... "the company has entered into a resale agreement with a transport type industry co to generate revenues as it continues to seek out new management." ...

This is where some misinterpreted that sentence to mean that something with Oyo is off the table since it didn't mention hotel or real estate type of company. Such interpretation is not correct as I have learned after doing my research.

A deal related to Oyo is confirmed to still be on the table after doing my research. When you stated in your post that... "current operations have nothing to do with future merger/acquisition. significance of this is avoiding shell designation and nothing more".. you are 100% correct as I too have learned this:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153409225

Seventh... They stated that the company was successful in reconstructing its financials which will be reported on OTC markets. This means that they are closer than what some have been predicting for going current with OTC Markets.

In my opinion, something huge is going to transpire here with ADSV in the near future that will justify weathering the storms as of late.

ADSV 8-K filed with SEC on Jan 21, 2020

https://www.otcmarkets.com/filing/html?id=13853593&guid=FJEjUWEon3RUt3h
Item 8.01 Other Events

The following transactions occurred during the year ended 2019.

• The company has successfully renegotiated a settlement for the State tax outstanding. The State filings are in process of being updated and finalized. The current sum of $600,000 has been resettled at about $30,000.
• The company is recapitalizing to reduce its authorized share structure from 10 billion shares to under 1 billion shares.
• The current outstanding shares reflected with the company transfer agent and the transfer agent is about 411 million shares. The shares in the “street name” is about 230 million shares. The difference or 180 million shares was lost by the beneficiary. These shares were in the process of being returned to the treasury for a non-completed transaction, when the loss occurred. The insurance or bond expenditure is too cost prohibitive for the company to acquire the bond. Because of these shares’ restrictive nature and all sides in agreement of the loss it is in the managements opinion that this 180 million share tranche will most likely never enter the market.
• The current float and outstanding shares in the street name is about 230 million shares.
• The interim management control the company through preferred shares only. The management has no common shares under its control or direction. The preferred shareholder is on a 120 day sign back with the previously announced targeted purchaser for the control block of the preferred shares.
• The company has reached a settlement with other service providers which removed the long outstanding overhang and allows the company to move forward with meaningful operations. The company creditor Emry Capital acquired all of ADSV current and outstanding debt of about $340,000 in a private transaction.
• The company has entered into a resale agreement with a transport type industry co to generate revenues as it continues to seek out new management.
• The company was successful in reconstructing its financials which will be reported on OTC markets.
• All of these material events will allow the company to return to OTC Markets updating status of its financials and other corporate actions.
• The company corporate web site is https://adsvcorporate.com
• The company social media account is https://twitter.com/AdsvCorporate

v/r
Sterling