ASYI – AERO IQ is going to go PUBLIC…
I haven't been posting because I don't want to be a kill-joy. As you know by now, I don't believe (and have NEVER believed) that ASYI would "run". I believe that it will simply (and instantly) be TRANSFORMED into another stock, having a wildly different PPS.
But if people want to hope for a run ... then who am I to try and destroy that HOPE.
Be that as it may, however, I now FIRMLY believe the following:
The corporate restructuring of ASYI is now complete. Within days from now AERO IQ is going to be officially (and LEGALLY) spun-off from ASYI as a separate, stand-alone company that wlll begin to issue its very own BRAND-NEW, PUBLICLY-TRADED STOCK.
STOP AND TRY TO WRAP YOUR HEAD AROUND THE IMPORTANCE OF WHAT I JUST SAID …
ASYI … (all by itself) can MAKE AERO IQ a publicly-traded company … having its own, brand-new, publicly-traded shares … all by itself! AERO IQ doesn’t have to do an IPO, or reverse merge with some other publicly-traded company; nor does it have to be acquired by some other publicly-traded company.
IT CAN BECOME A BRAND-NEW, PUBLICLY-TRADED COMPANY, WITH ITS OWN BRAND-NEW, PUBLICLY-TRADED AERO-IQ SHARES … ALL BY ITSELF … AND ITS PARENT COMPANY, ASYI.
All ASYI has to do to make this happen Is to provide “adequate information” about the AERO spin-off to its shareholders and the public markets!
That’s all it has to do … and then AERO IQ and ASYI go their own separate ways … and we then own a pro-rata interest in the stock of EACH company. AND THIS IS JUST “ICING ON THE CAKE” … BEFORE ANY REVERSE MERGER INVOLVING ASYI takes place!
The SEC is absolutely clear on EVERY SINGLE WORD THAT I’VE JUST WRITTEN:
If the subsidiary that’s to be spun-off [i.e., AERO IQ] is a non-reporting issuer [and it is], then ASYI can satisfy the SEC’s disclosure requirement by simply providing the same information that would be found in a proxy statement under the Securities Exchange Act. This information must be provided prior to or contemporaneously with the spun-off shares of AERO IQ.
Additionally, a non-reporting subsidiary [such as AERO] must file a Form 10 registration statement. The Form 10 may be filed after the spin-off but must occur prior to the AERO’s securities trading.
So we’d all get the brand new shares of AERO IQ … but not be able to trade them until ASYI files a registration statement regarding their issuance. We would all hold restricted shares of AERO … until that Form 10 is filed with the SEC. This restriction would not, however, involve any ASYI stock that we held.
AS I’VE SAID BEFORE IN AN EARLIER POST … ASYI NOW HAS NO DEBT … AND IT IS ABOUT TO SPIN-OFF AERO IQ WHICH CONTAINS ALL OF ITS CORE ASSETS. IT’S ALL NOW DONE … AND ONLY AWAITS AN ANNOUNCEMENT OF THE NEWS.
SO GET ABOARD … OR STAND ASIDE. BECAUSE NO ONE CARES WHAT YOU DO FROM THIS POINT ON!
For documentation on all of the above, see the following link, which contains a host of associated supportive links:
Spin-Offs 101- Securities Lawyer 101 - Go Public Blog
P.S.: A final question for those who are already placing their sell stops:
What will happen to your $0.0005 and $0.0008 sell stops when the “transformation” announcement is made and the post-conversion PPS suddenly appears on your monitor as $1.36, or $1.52, or even $1.88?
What do you think the MMs will do with your $0.0005 and $0.0008 sell stops? Will they gleefully fill them … or will they ignore them and let the value of your shares be $1.36, or $1.52, or even $1.88?
Will they be that kind, and that fair, and that generous to you?
