Replies to post #763 on Asyst Technologies, Inc. (fka ASYTQ)

[marcbelgium]

FYI:
We are pleased to announce that the entire business of Asyst Technologies Japan, Inc. has been transferred to Muratec Automation Co., Ltd. (100% subsidiary of Murata Machinery Ltd.) on August 7th, 2009. We are determined that this transfer would provide customers with better service, and we sincerely appreciate your continued support.
For more information please visit our new homepage.
Muratec Automation Co., Ltd. homepage

Company Name Muratec Automation Co., Ltd.
President & C.E.O. Daisuke Murata
(President & C.E.O. of Murata Machinery, Ltd.)
Established Aug 2009
Capital JPY 450 million
Employees 500

Muratec Automation is a specialist in AMHS (Automated Material Handling System) products for clean environments including semiconductor and flat panel display production. Originated as an integration of the AMHS business of Asyst Technologies and Murata Machinery, Muratec Automation seeks to maximize the synergy of the two companies' expertise and long histories of success. Our mission is to optimize productivity and maximize profitability of our customer's production facilities utilizing innovative hardware and software solutions. As an independent company specialized in AMHS for clean environments, we act in a fast and flexible manner to carry out our mission. In addition, with a full range of support from Murata Machinery, our parent company which is a uniquely diversified machine manufacturer, we will continue developing innovative technologies and solutions to optimize performance and meet our customers' technical requirements.

[trader53]

Founder77: Excellent observation !!

You have certainly broken this confusion down to a level at which it now makes perfect sense.

All the more reason to believe that ASYTQ is trading for the possible purpose of serving a connection between Crossing Automation and ASYTQ, and a possible "shell/Reverse merger", and ultimately, a possible move up in the stock for common shareholders.

Nice DD Founder !!!!
Keep up the great work !!!



Now on the last filing which was March 12, 2010 that 8K stated this: "Asyst’s common stock was cancelled and has no future value in connection with the bankruptcy proceeding"

Looks like ASYT was canceled and delisted from the Nasdaq, not ASYTQ. It has been more then a year that this stock has been on .pk.


Quote:
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all shares of stock in Asyst were cancelled and will forever cease trading on any securities exchange or market.
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Asyst’s common stock was cancelled and has no future value in connection with the bankruptcy proceeding

Does this symbol still have a connection with this BK? NO IMO

[learning as I go]

Yes, 99.9% of them do.

They file BK, they get the Q added to the symbol, and the drop to the pinks....it is the same stock....just like WAMU went to WAMUQ, LEH, went to LEHMQ, and dropped to the pinks, those have some value yet, but, look at RTPRQ...another one, check that board, still trading, but nothing there, someone tried to run it, left bagholders.