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Re: Arnie1 post# 95541

Monday, 11/20/2023 12:16:32 PM

Monday, November 20, 2023 12:16:32 PM

Post# of 96944
The company must file an initial registration statement with the SEC to become a registrant. That can either be a Form 10 or an S-1, they haven’t filed either for over 5 years

There wasn’t an increase in assets from the last quarter. Quarter 2 of 2023, ASTA assets decreased from $1.2 million to $1.085 million. As of Quarter 3, September 30, 2023, assets decreased to $1,064,561.

Their liabilities increased as well.

The positive details:
- Cash balance on March 31, 2023 was $343.9 thousand.
- Cash balance on June 30, 2023 had dropped to $61.8 thousand.
- Cash balance on September 30, 2023 increased to $425 thousand.