Replies to post #2381 on Asyst Technologies, Inc. (fka ASYTQ)

[trader53]

Hey steve, I'm wondering if the Shareholders Rights Plan is still in effect, and if it is, if the shares price has to get down to the 0.001c level for a "Merger/ Reverse Merger" to be able to happen.

The "Plan" is saying something about this price level of 0.001c, and it is saying something about "merger".

I'm not a business attorney, so I'm not able to fully understand the word useage in this article/Plan.

I am curious though about the similar nature between QSGIQ and ASYTQ's situations.

Both companies filed Chapter 11 about the same time.

ASYTQ's case is more comlex, and so its emergence from bankruptcy is taking longer.

You'll notice that the price of QSGIQ's stock got all the way down to 0.0001c, before it bolted sharply upward on NEWS of the Reverse Merger between them and KruseCom, on July 23rd.
http://stockcharts.com/h-sc/ui?s=QSGIQ&p=W&yr=2&mn=0&dy=0&id=p07827799673

I have been of the opinion that ASYTQ is a Reverse Merger case between them and Crossing Automation. So I'm wondering now, if ASYTQ will briefly touch 0.001c ( the price mentioned in the Plan ) before the announcement of a Reverse Merger.
http://stockcharts.com/h-sc/ui?s=ASYTQ&p=W&yr=2&mn=0&dy=0&id=p29767989325

[trader53]

Take a look at this steve >




http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64638929

[trader53]

Read this as well steve >



http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64675805