If you were a telecom company looking to go public why would you take on all the debt from a prior company it would be cheaper to just create a new listing/IPO. So assuming they are trying to not take on "millions" in debt we would have to assume ASYI is offering the deal with the debt being divested.
No different than buying a property with a major lean if it's paid off then the sale works, if not no sale.
Also ASYI seems to have options since they chose to not continue with the B-day slam concept and instead go with a company that has an actual revenue source and been in biz more than a month.
I look at the change as good ignoring the in-day shorting that spade is constantly promoting. We now are tied into a company with a business model that makes sense and less of a one-in-million chance of some big buyout. Once they get the 10k in it should go into pennies again.
300 beta users bday slam was worth about 30 cents total unless they were gaining users buy the 100K's or someone wanted them quick.
The telco has several different apps that likely cost several times the development cost of b-day slam to develop, I'm guessing they made the investment into those due to having a customer base wanting the features they provide.
Until the 10k is filled the short group can try hard to scare people about deadlines but I'd prefer they backed up the statements with 3rd party links so we can really see if the end of the world is coming. Also just a FYI you don't need to post 15 time a day to let everyone know you are shorting the stock, once of twice is plenty. Just update us when you feel the bottom has been reached and you are now onboard.
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