Replies to post #62922 on Aisystems, Inc. (fka ASYI)

[Pennytrikstr]

Lets not forget that a Reverse Merger, is substantially cheaper than having an IPO. So not only with the company get the NOLs, but it will go public for a much lesser price tag and quicker than having an IPO.

[Clutch Cargo]

ASYI Maybe it's a "lottery ticket" to you

... because you're still trying to understand Section 382 Tax Code language that was written by an ARMY of lawyers and tax accountants.

Why not simply hang your hat on what ASYI has ITSELF clearly stated about those NOLS in an annual report (!0K), which is follows:

“The Company [ASYI] has net operating loss carry-forwards, including from its [two] Canadian subsidiaries, which are available to offset future taxable income. At December 31, 2010, the Company has U.S. accumulated net operating loss carry-forwards of approximately $25,477,000, due to expire beginning 2025, and Canadian accumulated net operating loss carry-forwards of $6,007,000, due to expire beginning 2027.”

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7862874

WHAT COULD BE MORE SIMPLE THAN THIS STATEMENT?

NOBODY, NOBODY, NOBODY WALKS AWAY FROM $31,000,000.00 TO OVER $34,544,000.000!!!!

WHAT'S SO HARD TO UNDERSTAND ABOUT THAT?

HOW IS "LOTTO" INVOLVED IN THAT????