Replies to post #654 on Asyst Technologies, Inc. (fka ASYTQ)

[trader53]

Founder77: Can it then be said, that $78 Million is still in escrow?....and that, some how, some way, one could, in a very simplistic way, calculate the following:

$78M divided by 50M O/S = $1.56 per/sh.


...and if Crossing Automation were to do a Reverse/Merger with ASYTQ (shell), that Crossing Automation would then be worth $1.56/share?

[trader53]

Founder77: May have answer to your ?


Now why would you give a company funds to buy your assets? What's going on here? Why did they pay them $254,175.06?

"Shells" are bought.
I'm wondering if Crossing Automation paid ASYTQ for use as a "shell".

I saw this:

What is the curent price for a Shell? #1
Guest_Guest I've heard that the going price for a Shell Stock ranges from $300k - $500k. If you know of any Shell Stocks sold, please post the Shell, price ... along with some backup that proves it (SEC filings, Press Release, etc.)

Example:
On April 1, 2004, Starliner Systems Inc., a British Virgin Islands corporation ("Starliner"), made a cash payment to certain shareholders of SK Technologies Corporation (the "Company"), a Delaware corporation, in the amount of three hundred fifty thousand dollars ($350,000) in exchange for 14,870,920 shares of the Company's restricted Common Stock,