ASYI – Excellent find ahhala….
YOU’RE “KILLING IT”, MAN!!!
Landlords of commercial rental space will ONLY agree to accept the assignment of a rental obtigation IF they receive a PERSONAL GUARANTY from a credit-worthy individual or individuals.
This means that some trusting individual fool had to step forward and PERSONALLY GUARANTEE that the new assignee would make good on paying almost one quarter of a Million dollars by 2014.
That “trusting individual fool” was probably ASYI’s CEO, Stephen Johnston.
BUT WHY WOULD HE “PERSONALLY” AGREE TO BE RESPONSIBLE FOR PAYING $242,110.00 WHEN HE HAD RECEIVED A NOTICE --- SIXTY DAYS EARLIER --- THAT DYNAMIC HAD TAKEN BACK THE JETENGINE SOFTWARE ... HIS COMPANY’S ONLY ASSET … AND THAT ASYI WAS TEETERING ON THE BRINK OF GOING OUT OF BUSINESS FOR GOOD???
KNOWING THAT FACT, WOULD “YOU” SIGN SUCH A PERSONAL GUARANTY???
KNOWING THAT FACT, WOULD “ANYONE” DO SO???
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AND SOMETHING ELSE THAT'S VERY INTERESTING HERE:
When somebody takes away all you have… WHAT DO YOU DO?
All that ASYI had --- in the entire world --- was the JetEngine software that Roy Miller created. It was the sole reason why ASYI was in business. ASYI and its investors (including its chief investors, Dynamic and Merus) poured over $72,000,000.00 into its development.
And on September 7, 2011 … Dynamic decided to take
it all away from ASYI.
WHAT DO YOU DO?
That alone should have spelled immediate bankruptcy and the decision to go out of business … and yet, some TWENTY-TWO MONTHS LATER … ASYI is STILL in business, continuing to pay its CEO $105,000.00 per year (or $8,750.00 per month, or $2,190.00 per week) … even though that software, which represented “everything it had” was dragged away.
That event should have spelled an immediate decision to merge with the developmental POS known as “Birthday Slam” … but it didn’t … because the penniless Birthday Slam could NEVER have made use of ASYI’s staggering $37,000,000.00 of NOLs … as Birthday Slam had no revenue which could have been off-set by those NOLs … so they would have simply wasted away over time.
That event should have spelled an immediate decision to merge with the criminal POS known as KoolTel … but it couldn’t, because KoolTel was not a software developer, and any merger would have resulted in an immediate taxable event for Dynamic, its controlling shareholder, together with the complete destruction of ASYI’s $37,000,000.00 of NOLs.
SO WHAT DO YOU DO … AND WHY ARE YOU STILL ALIVE AND FUNCTIONING … SOME TWENTY-TWO MONTHS AFTER DYNAMIC TOOK CONTROL OF THE JETENGINE SOFTWARE?[/b]
And why do the LinkedIn pages of Tim Morgan, the founder of WestJet Airllines (Canada’s largest airline); and Peter Bowler (the former CEO of American Eagle Airlines); and Scott Nason (the former V.P. of American Airlines); and Jim Mason (the founder of Flexi-Jet Leasing); and Salmon Ullah (the founder of Merus Capital) … ALL STILL SAY THAT THEY ARE ON THE ADVISORY BOARD OF ASYI … SOME TWENTY-TWO MONTHS AFTER THE JETENGINE SOFTWARE WAS PULLED AWAY????
1. ARE ALL OF THESE HIGHLY-RESPECTED, MULTI-MILLIONAIRES ALL LYING?
2. OR IS ASYI LYING?
4. OR IS DYNAMIC LYING … AND THROUGH ITS TEETH?
