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Re: WarMachine post# 48015

Saturday, 07/28/2012 8:32:55 AM

Saturday, July 28, 2012 8:32:55 AM

Post# of 74729
It's pretty clear that ASYI qualifies as a shell..it meets most of the criteria of Rule 144!!!:

Rule 144(i)(1) defines a shell company as a company that is now or at any time previously has been an issuer, that has:

(A) No or nominal operations; and

(B) Either:

(1) No or nominal assets;

(2) Assets consisting solely of cash and cash equivalents; or

(3) Assets consisting of any amount of cash and cash equivalents and nominal other assets

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