The development of KBS and ASDG
is expected to produce data, information, recommendations, design, technology and development formula, and utilization of research results in the form of timber production and genetic material of incense.
ASDG was granted the right, by the court, to use cash collateral on an interim basis until a further hearing.
Concurrent with these filings, ASDG is initiating efforts to achieve a comprehensive restructuring of its obligations with all of its creditors.
ASDG expects to continue its operations while it uses the reorganization process to regain the financial strength necessary to compete effectively.
ASDG provides comprehensive contract manufacturing and engineering services to original equipment manufacturers.