Could it be that the $178k per quarter ($712k annually) in G&A expenses for this one man show are too much for the balance sheet to set up another operation? As of April 30, the current liabilities exceeded current assets by $196,531.
Financing this operation is problematic - they already have a significant toxic convertible note outstanding (as of April 30) which will lead to further dilution:
$167,075 convertible at $0.02/share (8,353,750 shares) with a 10% interest rate.
This is before they ramp up production, distribution, etc, of their vodka.
Robert Federowicz, ASCC's sole employee, has no experience in the distilled spirits business. In fact, he has never quite settled down in any of his ventures, including his involvement with SEC suspended EHSI... http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77007402