Replies to post #48059 on Aisystems, Inc. (fka ASYI)

[Keech63]

This Is How You Are Wrong, Again:


The aggregate fees billed by our independent auditors, Meyers Norris Penny LLP and Michael T. Studer CPA P.C. respectively for professional services rendered for the audit of our annual financial statements included for the years ended December 31, 2010 and 2011 were $45,000 and $35,000, respectively.

[tob999]

Would you please desist from spreading misinformation on this board in future? Once again your misinformation has been disproved (e.g audited annual 10K). I have removed the misinformed post that was stickied as both the 'not a shell' misinformation and the 'un-audited financials' misinformation have been categorically debunked.

[my2Mustangs]

The last 10K does not make any claim as to whether it is audited or unaudited.

So, the assumption is clear, doesn't say audited or unaudited therefore it is audited? Much like the LOI(s)nothing said therefore the RMs are a go. LOL

The SEC filings are clear enough for me, no audited financials and no signing by an auditor when asyi doesn't say that the financials are unaudited or audited. Therefore the financials are unaudited

From the most recent 10K
December 31, 2011 December 31, 2010

Assets
Current Assets
Cash $ 1,822 $ 11,261
Restricted cash 507 200
Prepaid expenses and other current assets 22,626 1,073,752
Total Current Assets 24,955 1,085,213
Property and equipment, net 10,000 298,349
Intellectual property - 10
Total Assets $ 34,955 $ 1,383,572


The 10Qs however do admit to not being audited.