ASI Technology Corporation
Encyclopedia
ASI Technology Corporation 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 The common stock of the re-named company is still traded over-the-counter
on the OTCBB under the ticker symbol
ASIT.
89014. The office space is shared with privately held Davric Corporation, which is 100% owned and controlled by ASI President Jerry Polis. 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.
Public company
This is not the same as a Government-owned corporation.A public company or publicly traded company is a limited liability company that offers its securities for sale to the general public, typically through a stock exchange, or through market makers operating in over the counter markets...
Nevada corporation
Nevada Corporation
A Nevada corporation is a corporation incorporated under Chapter 78 of Nevada Revised Statutes of the U.S. state of Nevada.Nevada, like the state of Delaware , is well known as a corporate haven...
based in Henderson, Nevada
Henderson, Nevada
-Demographics:According to the 2000 census, there were 175,381 people, 66,331 households, and 47,095 families residing in the city. The population density was 2,200.8 people per square mile . There were 71,149 housing units at an average density of 892.8 per square mile...
. 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 The common stock of the re-named company is still traded over-the-counter
Over-the-counter (finance)
Within the derivatives markets, many products are traded through exchanges. An exchange has the benefit of facilitating liquidity and also mitigates all credit risk concerning the default of a member of the exchange. Products traded on the exchange must be well standardised to transparent trading....
on the OTCBB under the ticker symbol
Ticker symbol
A stock symbol or ticker symbol is a short abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both. "Ticker symbol" refers to the symbols that were printed on the ticker...
ASIT.
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."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 interestConflict of interestA conflict of interest occurs when an individual or organization is involved in multiple interests, one of which could possibly corrupt the motivation for an act in the other....
with his other business ventures in ASI's SEC filings. Polis is also president and director of Davric Corporation, a private investment company, and president of Polis Enterprises. From 1964 to 2002 he owned and operated Polis Realty. From 1968 to 1997, he was a co-owner of the Taco BellTaco BellTaco Bell is an American chain of fast-food restaurants based in Irvine, California. A subsidiary of Yum! Brands, Inc., which serves American-adapted Mexican food. Taco Bell serves tacos, burritos, quesadillas, nachos, other specialty items, and a variety of "Value Menu" items...
franchiseFranchisingFranchising is the practice of using another firm's successful business model. The word 'franchise' is of anglo-French derivation - from franc- meaning free, and is used both as a noun and as a verb....
s 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, NevadaLas Vegas, NevadaLas Vegas is the most populous city in the U.S. state of Nevada and is also the county seat of Clark County, Nevada. Las Vegas is an internationally renowned major resort city for gambling, shopping, and fine dining. The city bills itself as The Entertainment Capital of the World, and is famous...
, which was sold in June 1998. Polis is a greater than 5% shareholder of e.Digital CorporationE.Digital Corporatione. Digital Corporation is a public company based in San Diego, California. Founded in 1988 as Norris Communications, it is one of the publicly traded companies started by inventor/entrepreneur Elwood "Woody" Norris...
as a result of convertible financing. He was a director of publicly traded ValueStar Corporation from July 1995 to November 2000. 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 CorporationE.Digital Corporatione. Digital Corporation is a public company based in San Diego, California. Founded in 1988 as Norris Communications, it is one of the publicly traded companies started by inventor/entrepreneur Elwood "Woody" Norris...
. He obtained a B.S. in Business Administration from the University of ArizonaUniversity of ArizonaThe University of Arizona is a land-grant and space-grant public institution of higher education and research located in Tucson, Arizona, United States. The University of Arizona was the first university in the state of Arizona, founded in 1885...
in 1993.
Shared corporate address
ASI Technology is located at 980 American Pacific Drive, #111, Henderson, NevadaHenderson, Nevada
-Demographics:According to the 2000 census, there were 175,381 people, 66,331 households, and 47,095 families residing in the city. The population density was 2,200.8 people per square mile . There were 71,149 housing units at an average density of 892.8 per square mile...
89014. The office space is shared with privately held Davric Corporation, which is 100% owned and controlled by ASI President Jerry Polis. 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.