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asiqlimited

11/01/23 3:37 PM

#1585 RE: bb72mo #1584

All we have done is formed an Australian subsidiary with IPTK still owning 90%. The other 10% is to raise funds in Australia. We have gone dark on the OTC as the board and majority shareholders believe right now we need to spend our money on airline programs, not SEC filings and Auditors. I understand the concern, we have friends in the same boat, but to survive 2 years of COVID when 4 of the 7 major wifi companies went into chapter 11 really took a massive toll on us.
The picture should be clearer over the coming weeks. I will update you as soon as I can as I appreciate you are long time supporters. As far as the program is concerned, we are moving on all fronts all be it slow.