Aisystems, Inc. (fka ASYI)

[Bernija1]

Yes thats what I'm saying. It says no where in the 10Q that the transfer to take place on the open market. ASYI

Didn't the PIPE dream indicate the shares were transferred on the open market? Something like that.

From the 10Q

On April 19, 2012, the Company entered into a Letter of Intent with Kool Telecom Ltd. (“Kool”). Pursuant to the Letter of Intent, the Company and Kool are to negotiate a share exchange agreement whereby the Company will acquire 100% of the shares of Kool for a certain number of shares of the Company’s common stock. The Letter of Intent may be terminated at the earlier of (a) mutual written consent of both the Company and Kool or (b) July 19, 2012.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8630548