November 5, 2007
Prospector
Profile
07.1503
 
Asi Entertainment, Inc. NAICS 511210
1/45 Exhibition Street Melbourne, Victoria, Australia 3000 Description Software Publishers
+61-3-9016-3021 Employees 0
http://www.asientertainment.com/ Revenue (mil) 0.0000
  Income (mil) -0.7620
  Assets (mil) 0.0800
  Liability (mil) 0.4680
  (for the year ended 2007-06-30)
 
Category: Audit Concerns
 
Event: Larry O'Donnell CPA PC raised substantial doubt about the ability of Asi Entertainment, Inc. to continue as a going concern after auditing its financial statement due to its recurring losses from operations.
 
Intellectual Property: The Company has acquired the application for an Australian patent on its "SafeCell" system and has filed an International application under the Patent Co-operation Treaty. [SEC Filing 10-KSB 10-11-07]
 
Description: The Company, through its ASIQ Pty. Ltd. subsidiary, has developed its expertise and reputation in both software development and airline industry technologies, as a pioneer of passenger data communications.
 
Officers: Richard Lukso (Chair); Ronald J. Chapman (Pres. & Dir.); Philip A. Shiels (CFO & Dir.); Graham O. Chappell (Dir.)
 
Auditor: Larry O'Donnell CPA PC
 
Securities: Common Stock-Symbol ASIQ.OB; OTC BB; 55,276,429 common shares outstanding as of June 30, 2007.
 
 
 
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