Replies to post #48030 on Aisystems, Inc. (fka ASYI)

[Keech63]

On March 13, 2012, the Company divested AIS pursuant to a Stock Transfer Agreement (the “STA”) with Rocmar Farms Limited (“Rocmar”). Accordingly, the operations of AIS for the periods presented have been reported as discontinued operations. See Note 8, “Discontinued Operations”.

[tob999]

Geesh..it was in the last 10Q!!!! Also this divestment effectively instigated 'shell' status for ASYI:

8. Discontinued Operations


On March 13, 2012, the Company divested its subsidiary AIS pursuant to a Stock Transfer Agreement (the “STA”) with Rocmar Farms Limited (“Rocmar”). The STA provided for the Company’s delivery of all of its AIS shares to Rocmar in exchange for the Company’s delivery of a promissory note payable to Rocmar in the amount of $100,000. The STA also provided that the Company agreed to be responsible for certain liabilities (approximately $3,130,000 of notes and loans payable, including approximately $1,976,000 due to the controlling stockholder of the Company, and approximately $2,004,000 of accrued compensation) of AIS.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8630548

[jefrank]

LOL well at least you answered your own question. If we were to speculate we at least have the words of the company to fall on rather then the speculation coming out of thin air.