Aisystems, Inc. (fka ASYI)

[Bernija1]

This is not good at all for ASYI!

Violation of the Exchange Act; SEC Enforcement

"The failure to file a required SEC report on time constitutes a violation of Section 13(a) of the Exchange Act and the SEC could institute an administrative proceeding against the late filer, among other things, seeking revocation of the company’s registration under the Exchange Act. These proceedings by the SEC are uncommon and are typically aimed at recurring and egregious violations."

ASYI was REMOVED from the OTCBB for repeat violations! That is why they are OTC Markets PINK tier now!