Aisystems, Inc. (fka ASYI)

[Clutch Cargo]

Why is GCS and Neal Axelrad LYING, hmmmmmm???...

Several posters here have relentlessly (and very correctly) indicated that GCS has gone COMPLETELY out of its way to publicly distance itself from its earlier announcement of the proposed merger between GCS and MKHD and it, as well as its web-video, and its public relations firm all MADLY-HYPED to the world. Indeed, it’s gone so far as to remove any evidence whatsoever that the web-video ever even existed (together with any mention whatsoever of the proposed merger from its news links; and it’s even deleted the news links of its very excellent public relations firm; as well as the PRIVCO ‘deal announcement’ website … which know instead disavows any knowledge of the proposed merger). And gosh, GCS has even gone as far as to silence any of those stupid TWEETS that it had been happily (and repeatedly) making about the matter.

So then … those posters are quite right; in (almost) every respect GCS has GONE OUT OF ITS WAY to demonstrate to the world that it’s had second thoughts about the merger … and has had a profound change of mind regarding going forward. To the casual observer then, the merger now appears to be all but stillborn.

BUT IS THAT REALLY THE CASE?

Because IF that’s true … then why has GCS not yet taken the FINAL step … the one IRREVERSIBLE step in order to smash that ‘rumor’ for all time, so that it doesn't have to continue to be seen as merging with a POS like MKHD, nor a near-criminal-scam artist like Beatty?

Why have we not as yet seen it dip into to all of that “pre-closing consideration” that it received from Beatty (i.e., hundreds of thousands of dollars), pursuant to this clause in the June 15th LOI, which stated:

“In addition, the total liability of the GCS Shareholders in connection with the transaction under the Stock Purchase Agreement and any other documents executed in connection therewith shall be limited to 25% of the consideration initially received by the GCS Shareholders under the Stock Purchase Agreement.”

Note clearly here traders; the LOI doesn’t say “to BE received”. No. It says “received”. So then, it very obvious that GCS “received” some big-time bucks for agreeing to enter into the LOI, and that it’s only on the hook to return 25% of those bucks (AND that it gets to keep a whopping 75% of that money pursuant to the section quoted above … even though it doesn’t want to now (PRESUMEABLY) consummate the merger.

OK THEN. SO LET’S ASK OURSELVES SOME QUESTIONS:

Why have we not yet seen GCS use a stinking $250 of that whopping 75% of the moneys given to it by MKHD to buy a crummy little MarketWire PR and finally – and IRREVERSIBLY – announce to the world that it has no intention whatsoever of merging with that POS known as MKHD … nor its near-criminal-scam-artist, James D. Beatty?

By virtue of paying a miserly $250 for a MarketWire PR, GCS could (1) immediately stop ALL of the hundreds and hundreds of questioning telephone calls that it’s no doubt been receiving as a result of its earlier hyping of the merger; and (2) get back to the business of developing inter-carrier software … while keeping all those big buckies that it received from Beatty. AND YET, IT HAS NOT DONE SO!

But let’s just say that GCS is a just a real penny-pincher of a company, and that it doesn’t want to spend that miserly stinking $250. So then … why doesn’t its CEO, Neal Axelrad (who was undoubtedly behind the decision to pull the video; and stop the Tweets, and kill the news feeds, etc., etc., etc.) simply call Beatty on his cell phone and DEMAND that BEATTY either drop a PR or file an 8K that FINALLY announces to the world that which GCS has been trying to do all along by its actions? Is it really THAT difficult to quell the rumor of a merger once and for all? Wouldn’t it make sense to quell the rumor at the SOURCE? Why be “coy”, “fawning” and “coquettish” about it?

LISTEN-UP TRADERS: As Nancy Reagan used to say:

“Drop a PR or an 8K’ …“AND JUST SAY NO!”

(IF of course, you MEAN it ……….).