Re: Do the math. Maybe the way to hold some eDigital++
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by
posted on
Oct 08, 2008 06:12PM
"
ASI Technology is located at 980 American Pacific Drive, #111, Henderson, Nevada 89014. The office space is shared with privately-held Davric Corporation, which is 100% owned and controlled by ASI President Jerry Polis.[6] Public company AirScooter Corporation, co-founded by Jerry Polis business associates Elwood "Woody" Norris and Jim Barnes also uses this office as its corporate address.
Until early 2007, Woody Norris and Jim Barnes each held greater than 5% of ASI stock outstanding. A sale of 8,888,888 shares for $4 million in March 2007 in which they participated nevertheless diluted each of their holdings to less than 5%.
Jerry Polis and Jim Barnes have also participated in numerous financings of public corporations established by Woody Norris, most frequently with San Diego, California-based e.Digital Corporation, an entity to which ASI Capital extended a short term $750,000 working capital loan at 18% interest in March 2007"