AS-IP Tech Inc (IPTK)

[asiqlimited]

I already advised on 2nd November under the restructure we were taking the IPTK dark. The majority shareholders were not prepared to outlay $50k just to maintain SEC compliance, at a time where we are trying to fund 3 airline programs. We are currently raising funds in Australia @US 3.5 cents the listing became a deterrent to that.

As soon as I can, I will update you on both the restructure status which includes IPTK and the 3 programs.

I apologies if this came as a shock, but we did file the 15G and explained the plan.