Aisystems, Inc. (fka ASYI)

[tob999]

Agreed bud. From the last 10Q:

As of May 21, 2012, there were 553,700,367 common shares, $0.001 par value per share, issued and outstanding.

On April 5, 2012, the Company increased its authorized shares of common stock, $0.001 par value, from 300,000,000 shares to 750,000,000 shares.

We know that the A/S was then increased to 4.25BN..quite a jump from 300k to 750k. IMO this increase was for the purpose of closing a RM. It's standard procedure to increase A/S pre-closing a RM. To suggest it was increased just to flood the market with shares as a stock selling scheme does NOT make sense to me when you look at James Beatty's history in raising capital of $1.2BN since 1982!! RM is still a go imo..with who i'm not sure! Someone wants them NOLs though!! GO ASYI! :)