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fh6282

09/20/12 4:23 PM

#56850 RE: JTB1051 #56846

No one here know exactly what is going on with ASYI, we HOLD, LOAD UP, OR EXIT when you are able...ASYI is very much ALIVE!
imo, imo, imo
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OCTraderguy

09/20/12 4:46 PM

#56853 RE: JTB1051 #56846

There have been so many posts here about the awful debt. Has anyone looked through the filings to see who are these creditors? If you do, you will find mostly insiders and venture capitalist; the kind of people that would much rather be paid back in an exploding stock price due to a booming business than a monthly note payment. If ASYI owed $8 million to external creditors and had no revenue or potential near term revenue then they would have sprinted to the bankruptcy courts last Fall. The reason they havent is that would just have shot themselves in the foot since the stockholders and insiders are the creditors. Potential merger partners get the whole story laid out for them so the debt does not scare them off. There are a lot of people outside this board with a very large financial stake riding on the success of this company. I am sure they are applying the pressure to close a merger deal so they can recoop their investment.