Replies to post #66485 on Aisystems, Inc. (fka ASYI)

[Keech63]

AISystems = ASYI = Every Insider That has an Interest in the Software, Including: Roy Miller The Chief Architect of The Jet Engine Software to Begin With!! and of Course Salman Ullah and his 5M investment; They never let that software go!!:

Per:http://investing.businessweek.com/research/stocks/people/people.asp?ticker=ASYI



THERE IS NO MISINFORMATION HERE: THIS SOFTWARE IS ALIVE AND DOING QUITE WELL IMO:

Per:

http://www.sec.gov/Archives/edgar/data/1328769/000121390012002861/f10q0312_aisystems.htm

The Company held a licensing right to develop and market a proprietary business platform for the airline industry and is in the process of building a software program while simultaneously creating an infrastructure for sustainable growth prepared to enter the commercial stage of its business life cycle.

Didn't say "was in" the process of building a software program, while simultaneously creating an infrastructure for sustainable growth. Used the words "is in the process"


Per the last 10K:
http://www.sec.gov/Archives/edgar/data/1328769/000121390012002785/f10k2011_aisystems.htm

ASYI WAS ALWAYS CONSIDERED A DEVELOPMENT STAGE COMPANY:


Development stage company

The Company complies with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 915 (SFAS 7) for its characterization of the Company as a development stage company. Furthermore, the Company complies with FASB ASC 720-15-25 (SOP-98-5), “Reporting on the Costs of Start-Up Activities,” under which start-up costs and organizational costs are expensed as incurred.


It is made quite clear that the company has been in the process of transitioning into the "commercial stage" of it's business cycle