Blue Sphere Corp. (BLSP)

[WarMachine]

ASYI was a perfect example of how dirty management keeps their assets and goes private while shareholders fund the scam.

ASYI management privately funded themselves through private companies, ran up the debt so deep that there was nobody willing to bail them out then they called in their own debts. The assets were transferred to the debtors(their own private companies) and the stock was left a worthless shell.

BLSP management has self funded with outrageous repayment guarantees. They will pay themselves with assets and the other debtors will get whatever they can. Retail shareholders are always last on the list to get anything and usually there is nothing left when the debtors are done splitting up the company.