Allied Security Innovations Inc (ADSV)

[ME93]

Based on the 8-k of January 2020, “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.”

https://www.otcmarkets.com/filing/html?id=13853593&guid=HAnnUKuv_ee_Qyh

However, this Delaware certificate from the Secretary of State certifies, dated 5/21/21 states that “There are no presently effective financing statements, federal tax liens or utility security instruments filed in this office which name the above debtor, allied Security Innovations, Inc, as of May 13, 2021 at 11:59PM.”

https://investorshub.advfn.com/uimage/uploads/2021/5/24/TPQGGVAUVTAMWVKZXB.jpg

So, looks like we have to wait to see the annual reports to know how much the prior debt was purchased for and what the terms were.

I think this past Friday was the deadline for DE tax payments. Hopefully, we will see ADSV back to active status next week.