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Thursday, 08/30/2012 12:29:38 PM

Thursday, August 30, 2012 12:29:38 PM

Post# of 74729
Now I have a better picture of what's going on with ASYI. The MM's will not let this pps rise this is there way of stopping any RM do to shorting on their part.

Looked over rules for transferring NOL's do to ownership change and any company that did RM would be severely limited in use of those NOL's. Here is what ASYI NOL's would be worth right now to a company that wanted to do a RM:

5,000,000,000 A/S x .0001= $500,000(company value) x 4.61%(IRS limitation)= 23,050 x 20yrs= $461,000 is the value of ASYI NOL's for a RM.

Beatty has to find the right situation under a preferred stock exchange with a company because preferred stock want count as a change of ownership.

Which is why he doesn't want to nor will he file any forms with the SEC until a deal is in place.

Here is a link that explain transfer of NOL:

http://www.gibbonslaw.com/news_publications/articles.php?action=display_publication&publication_id=2754

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