ASI Technology Corporation

ASI Technology Corporation

ASI Technology Corporation (OTCBB: ASIT) is a public Nevada corporation based in Henderson, Nevada. On June 21, 2010 the Company received a written consent from the holder of 51.6% of the outstanding common stock in lieu of a meeting of shareholders adopting resolutions to amend the Articles of Incorporation to change the name of the company to Robertson Global Health Solutions Corporation[1] The common stock of the re-named company is still traded over-the-counter on the OTCBB under the ticker symbol ASIT.

Contents

Prouducts and Services

For several years, ASI claimed it specialized in the development of advanced patented plasma technologies. However, in 2007 it established a subsidiary named ASI Capital Corporation and began claiming that it is "primarily a specialty finance company that provides financing for commercial, residential and venture capital loans."[2]

Key People

  • Jerry E. Polis, founder, serves as President and CEO and owns a majority of stock outstanding. Polis devotes only part of his time to this position and receives no salary from the corporation, but does receive other forms of compensation as well as stock options. He discloses multiple conflicts of interest with his other business ventures in ASI's SEC filings. Polis is also president and director of Davric Corporation, a private investment company,[3] and president of Polis Enterprises.[4] From 1964 to 2002 he owned and operated Polis Realty. From 1968 to 1997, he was a co-owner of the Taco Bell franchises for the State of Nevada (under privately owned Las Cal Corporation). In 1994, he co-founded Commercial Bank of Nevada, an unlisted publicly owned bank located in Las Vegas, Nevada, which was sold in June 1998. Polis is a greater than 5% shareholder of e.Digital Corporation as a result of convertible financing.[5] He was a director of publicly traded ValueStar Corporation from July 1995 to November 2000.[6] He graduated from Penn State University with a B.A. Degree in Commerce in 1953.
  • Eric Polis serves as Secretary, Treasurer and a Director and runs ASI subsidiary, ASI Capital Corporation. He has been an asset manager for privately held Davric Corporation since 1997 and is the son of Jerry Polis. Eric Polis is a Director of e.Digital Corporation.[5] He obtained a B.S. in Business Administration from the University of Arizona in 1993.

Shared corporate address

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.[7] 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.

References

Primary article reference: ASI TECHNOLOGY CORPORATION FORM 10-KSB (Annual Report) December 2007

Specific references:

  1. ^ SEC Schedule 14C, June 20, 2010
  2. ^ ASI TECHNOLOGY CORPORATION FORM 10-KSB (Annual Report) December 2007
  3. ^ Jerry Polis Profile at Forbes.com
  4. ^ Newcombe Foundation Challenge creates $100,000 scholarship for students with disabilities
  5. ^ a b e.Digital Corporation FY 2010 Annual Report (10-K), Filed 6/10/2010
  6. ^ Jerry Polis profile at businessweek.com
  7. ^ Davric Corp. Schedule 13D—2/18/1999

External links


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