Since the MKHD merger with GCS looks increasingly doubtful with the removal of the LOI PR from the GCS web site it looks like this fabricated ASYI involvement is even more doubtful than the fanciful speculation that it already was.
Total collapse of anything even remotely possible with ASYI. The black hole continues to suck in loose money that gets near it.
Since MKHD made the decision that its entering into an LOI was a 'material' event, then a subsequent decision to terminate that LOI must also be reported.
That we have not as yet seen such a filing, that means that it's still operative.