American Scientific Resources (ASFX)

[stervc]

Jerseyboy, to answer your valuation question…

I really don’t know why for each particular stock as each will generally have their own reasons for not obtaining certain valuation thoughts that I might post. My valuation posts are not the gospel and are nothing more than something that should be used as a tool to help one to determine where a stock should ”fundamentally” trade if it achieves the given variables that have been brought out as a ”potential” for existing.

Normally, the main thing that stops many of these penny stocks from such achievements are due to ”the lack of financing” which then usually go “hand in hand” with ”dilution” to set in to replace or piggyback on the lack of funding. There is a lot to talk about this issue and still all topics could be far from the truth behind the scenes as we as shareholders just never know. I recommend one to read the post below which is what I have in my signature block as it might help a little:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29867262

With ASFX though, I think ASFX is very different and is still simply under the radar from many investors. I think there is a good chance that we can eclipse those negative variables that would stop ASFX from obtaining that .30+ valuation I posted.

Here’s why. Since over 90% of the penny stocks fail, most of the time we are all probably going to be wrong in our planning or belief in a stock. The odds for success are not in our favor. However, ASFX has a solid chance to make it because it has those two main variables stomped that I mentioned above that usually hinders the growth of a penny stock.

ASFX has no dilution concerns and it has been granted financing to the tune of millions of dollars with more millions coming to grow their company. This gives ASFX a very fair chance for them to implement their business plan for growth.

To further add, ASFX has some serious customers that believe in the products that they are selling to obtain this level of growth I believe they will achieve.

Now, all they have to do is to simply be placed into the eyes of some serious investors that ”fundamentally” understands the market enough to simply and fully research ASFX. After doing so, I think any average investor who even half-way understands the market would want to own some ASFX. If not now, then I think they will after they see the reason why they have 4 years worth of audited financials. IMHO

I’m still sticking with saying that ASFX has all of the qualities that everyone that invests in the market looks for in a stock for growth. The transparency that ASFX has with what they are doing and where they are going should answer many questions and eliminate many worries that usually exist within the penny stock world. I still think ASFX is at its bottom compared to where it’s going.

v/r
Sterling