Aisystems, Inc. (ASYI) saw remarkable share price movement in the last two trading sessions. 180M shares have changed hands since Monday’s $.0013 to today’s high of $.016. It was very impressive, undoubtely…
A little bit of history: on March 16th Aisystems filed Form-8K, which held the following statement:
On March 14, 2012 a majority of the board of directors of the Company approved the appointment of Jeff Robinson as Chairman of the Board of Directors.
Jeff currently serves as the Founder and Chairman of BirthdaySlam Inc. and acts as an advisor and mentor to MBA students of the IESE Business School. Jeff is currently working on his first book, which is scheduled for publication in the summer of 2012.
Rumor of BirthdaySlam‘s R/M (reverse merger) into ASYI reached many of internet message boards and forums. The weekend proved long enough for the rumor to spread and spill into what became abnormal money flow in ASYI. The market reacted accordingly, in a positive move.
We know of no other reason why ASYI should continue its “run” – rumors on message boards besides. What we do know:
Aisystems is not an attractive “shell” at all
BirthdaySlam doesn’t look like a “cash cow”. It’s a “nice to have” feature but is not something that could even cover the close to $5.8M accounts payable (never mind of the $4.79M in notes that will be converted to common shares. lol) that Aisystems reported as of its last quarter.
So we’ll let the market decide where ASYI‘s share price should be.
Address of principal executive offices:
2711 Centerville Road
Wilmington, DE 19808
Tel: 302 351-2515