Wow,what a day!
First LCA Deal getting cemented and this Asmi 'Machine Pistol' revealed (i'd rather call it a SubMachine Gun owning to its size,it's perhaps same sized as JVPC in terms of length i believe but anyway)
This is my initial observations from available pics,
from initial observation i can say they have made two prototypes, I'll call that black one as version A and one in hand of good soldier with sandy finish as version B for current reference, A has shorter barrel and frame than B.
One thing is sure to me - these aren't simple "Glock Conversion" kits despite appearing like one and taking standard glock mags (even pistol grip is modeled after it) BECAUSE barrel is fixed on the receiver while Glock is a short-recoil pistol whose barrel locks-unlocks with sliding frame and tilts around - doesn't seem to be the case here. This pattern of fixing barrel;actually Barrel Extension or Barrel Trunnion; ,(possibly) Non-Reciprocating Charging Handle of this pattern and monolithic upper receiver makes me think someone took inspiration from FN SCAR + HK MP7 and build a machine pistol-SMG thing outta it, bravo!