-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, M+tvMbfxHvms2ZNRS/Hf8p/cc1q9deD8mu9lsqNwky6iaQALCkMcfQZ2YDr0JHNZ 8rdYirjEb7EG5s3HkHDOMw== 0001144204-10-032418.txt : 20100608 0001144204-10-032418.hdr.sgml : 20100608 20100608171322 ACCESSION NUMBER: 0001144204-10-032418 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100608 DATE AS OF CHANGE: 20100608 GROUP MEMBERS: MARILYN H. HITE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ASI TECHNOLOGY CORP CENTRAL INDEX KEY: 0000007951 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] IRS NUMBER: 880105586 STATE OF INCORPORATION: NV FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-80839 FILM NUMBER: 10885157 BUSINESS ADDRESS: STREET 1: 4215 FASHION SQUARE BLVD STREET 2: SUITE 3 CITY: SAGINAW STATE: MI ZIP: 48603 BUSINESS PHONE: 9987998720 MAIL ADDRESS: STREET 1: 4215 FASHION SQUARE BLVD STREET 2: SUITE 3 CITY: SAGINAW STATE: MI ZIP: 48603 FORMER COMPANY: FORMER CONFORMED NAME: ASI DATE OF NAME CHANGE: 20010323 FORMER COMPANY: FORMER CONFORMED NAME: ASSOCIATED SMELTERS INTERNATIONAL DATE OF NAME CHANGE: 19790709 FORMER COMPANY: FORMER CONFORMED NAME: SIERRA CASCADE ENTERPRISES INC DATE OF NAME CHANGE: 19720803 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Marisite Family Trust CENTRAL INDEX KEY: 0001493626 IRS NUMBER: 000000000 STATE OF INCORPORATION: XX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 7260 W. AZURE DRIVE, SUITE 140-302 CITY: LAS VEGAS STATE: NV ZIP: 89130 BUSINESS PHONE: 702-429-6765 MAIL ADDRESS: STREET 1: 7260 W. AZURE DRIVE, SUITE 140-302 CITY: LAS VEGAS STATE: NV ZIP: 89130 SC 13G 1 v187698_sc13g.htm Unassociated Document
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
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SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
 
(Amendment No.        )*
 
ASI Technology Corporation
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
00208C103
(CUSIP Number)
 
May 28, 2010
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
 
x  Rule 13d-1(c)
 
o  Rule 13d-1(d)
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
Page 1 of 6

 
CUSIP No.   00208C103
1.
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 
Marilyn H. Hite
2.
Check the Appropriate Box if a Member of a Group (See Instructions)  N/A
(a) o
(b) o
3.
SEC Use Only
 
 
4.
Citizenship or Place of Organization
 
U.S. Citizen
Number of Shares Beneficially Owned by Each Reporting Person With
 5.
Sole Voting Power 
 
11,894,430 (1)
 6.
Shared Voting Power
 
N/A
 7.
Sole Dispositive Power
 
11,894,430 (1)
 8.
Shared Dispositive Power 
 
N/A
9.
Aggregate Amount Beneficially Owned by Each Reporting Person 
 
11,894,430 (1)
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o
 
N/A
11.
Percent of Class Represented by Amount in Row (9) 
 
7.0% (2)
12.
Type of Reporting Person (See Instructions)
 
IN
 

(1)
Consists of shares held by The Marisite Family Trust.  The reporting person is the trustee of The Marisite Family Trust, with sole voting and dispositive power.
 
(2)
The calculation of the percentage of shares of Common Stock beneficially owned by the reporting person is based on 170,527,068 shares of the issuer’s Common Stock outstanding as of June 4, 2010, as reported in a Current Report on Form 8-K filed by the issuer on June 4, 2010.
 
Page 2 of 6

 
CUSIP No.   00208C103
1.
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 
The Marisite Family Trust
2.
Check the Appropriate Box if a Member of a Group (See Instructions)  N/A
(a) o
(b) o
3.
SEC Use Only
 
 
4.
Citizenship or Place of Organization
 
U.S. Citizen
Number of Shares Beneficially Owned by Each Reporting Person With
 5.
Sole Voting Power 
 
11,894,430
 6.
Shared Voting Power
 
N/A
 7.
Sole Dispositive Power
 
11,894,430
 8.
Shared Dispositive Power 
 
N/A
9.
Aggregate Amount Beneficially Owned by Each Reporting Person 
 
11,894,430
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o
 
N/A
11.
Percent of Class Represented by Amount in Row (9) 
 
7.0% (1)
12.
Type of Reporting Person (See Instructions)
 
IN
 

(1)
The calculation of the percentage of shares of Common Stock beneficially owned by the reporting person is based on 170,527,068 shares of the issuer’s Common Stock outstanding as of June 4, 2010, as reported in a Current Report on Form 8-K filed by the issuer on June 4, 2010.
 
Page 3 of 6

 
Item 1.
 
(a) Name of Issuer:
 
The name of the issuer is ASI Technology Corporation (the “Company”).
 
(b) Address of Issuer’s Principal Executive Offices:
 
4215 Fashion Square Blvd., Suite 3, Saginaw, Michigan, 48603
 
Item 2.
 
(a) Name of Person Filing:
 
This Schedule 13G is being jointly filed by Marilyn H. Hite and The Marisite Family Trust (the “Trust”) with respect to the Common Stock of the Company (the “Common Stock”).  Marilyn H. Hite is the Trustee of the Trust, and may be deemed to be the beneficial owner of the shares of Common Stock held by the Trust.
 
(b) Address of Principal Business Office or, if none, Residence:
 
The address of the principal business office of both Marilyn H. Hite and the Trust is 7260 W. Azure Drive, Suite 140-302, Las Vegas, NV 89130.
 
(c) Citizenship:
 
Marilyn H. Hite is a U.S. citizen.  The Trust is a trust organized under the laws of the State of Nevada.
 
(d) Title of Class of Securities:
 
Common Stock
 
(e) CUSIP Number:
 
00208C103
 
Item 3.
 
Not applicable.
 
Item 4.  Ownership.
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
 
A.  Marilyn H. Hite
 
(a) Amount beneficially owned: 11,894,430.
 
(b) Percent of class: 7.0%
 
(c) Number of shares as to which the person has:
 
(i) Sole power to vote or to direct the vote: 11,894,430.
 
(ii) Shared power to vote or to direct the vote: Not applicable.
 
(iii) Sole power to dispose or to direct the disposition of: 11,894,430
 
(iv) Shared power to dispose or to direct the disposition of: Not applicable.
 
B. The Marisite Family Trust
 
(a) Amount beneficially owned: 11,894,430.
 
(b) Percent of class: 7.0%
 
Page 4 of 6

 
(c) Number of shares as to which the person has:
 
(i) Sole power to vote or to direct the vote: 11,894,430.
 
(ii) Shared power to vote or to direct the vote: Not applicable.
 
(iii) Sole power to dispose or to direct the disposition of: 11,894,430.
 
(iv) Shared power to dispose or to direct the disposition of: Not applicable.
 
Item 5.  Ownership of Five Percent or Less of a Class.
 
Not applicable.
 
Item 6.  Ownership of More than Five Percent on Behalf of Another Person.
 
Not applicable.
 
Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
 
Not applicable.
 
Item 8.  Identification and Classification of Members of the Group.
 
Not applicable.
 
Item 9.  Notice of Dissolution of Group.
 
Not applicable.
 
Item 10.  Certification.
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
Page 5 of 6

 
SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
 
Dated: June 8, 2010
/s/ Marilyn H. Hite                                        
MARILYN H. HITE


THE MARISITE FAMILY TRUST

By: /s/ Marilyn H. Hite                                 
Name: Marilyn H. Hite
Title: Trustee
 
Page 6 of 6


JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned acknowledge and agree that the foregoing statement on Schedule 13G with respect to the Common Stock is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. Additionally, the undersigned acknowledge and agree to the inclusion of this Agreement as an Exhibit to this Schedule 13G. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other, except to the extent that he or it knows or has reason to believe that such information is inaccurate.
 
 
Dated: June 8, 2010
/s/ Marilyn H. Hite                                        
MARILYN H. HITE


THE MARISITE FAMILY TRUST

By: /s/ Marilyn H. Hite                                 
Name: Marilyn H. Hite
Title: Trustee
 
 

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