American Scientific Resources (ASFX)

[stervc]

J-Rhino, about the ASFX Audited Financials...

Thanks for reminding me about their PCAOB audited financials. I seem to keep forgetting about them. The PCAOB part means to be a registered firm with the Public Company Accounting Oversight Board of the Securities and Exchange Commission and the Private Companies Practice Section of the American Institute of Certified Public Accountants.

Here is a refresh of what was posted earlier to explain in detail what that means as it was new for me to learn about such:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31743223
From reviewing the ASFX audited financials, on page 2 below it states...

http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15389
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15390
...We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provided a reasonable basis for our opinion. ...

It also reads that their audits were electronically signed by below...

/s/ Jewett, Schwartz, Wolfe and Associates
Hollywood, Florida
April 15, 2008

To add, about Jewett, Schwartz, Wolfe and Associates...
(I think the past paragraph below is exactly what you are looking for.)

http://www.jsw-cpa.com/default.asp
http://www.jsw-cpa.com/about-us.asp
Jewett, Schwartz, Wolfe & Associates is a full-service accounting and tax advisory firm serving the financial, audit and tax needs of a diverse base of domestic and international clients – from individuals and entrepreneurial businesses to public companies.

Since its founding in 1986, our firm has grown and evolved to meet the increasingly sophisticated needs of our clients. Today, we are proud to have built a successful full-service practice that includes audit and assurance services to meet the unique needs of small public companies as well as local, privately held enterprises and individuals.

Our greatest success is found in our clients, whose continued loyalty and referrals have fueled our growth. They gain comfort and satisfaction in our promise to always provide expertise in various business and financial matters, efficient and personalized attention and timely responses.
Our unwavering commitment to excellence is evident in our delivery of a comprehensive range of services that includes:

• Audit and assurance services for SEC issuers and private companies
• Accounting and bookkeeping
• Individual and business tax planning and preparation
• Business management and advisory services
• Business valuations
• Federal and state tax compliance
• Due diligence for mergers and acquisitions
• Forensic accounting and litigation support
• Profitability analysis
• Restructuring plans
• Real estate tax planning, compliance and dispute resolution
• Development of internal controls, policies and procedures
• Information and computer technology advisement
• Representation before the Internal Revenue Service

Based in South Florida, our client services team includes highly trained and experienced professionals with a keen understanding of the unique challenges and opportunities facing businesses in a diverse range of industries, including:

• Construction
• Financial Services
• Food & Beverage
• Healthcare & Medicine
• Legal Services
• Manufacturing and Wholesale Trade
• Mining
• Oil & Gas
• Residential and Commercial Real Estate Development, Lending, Investment and Leasing
• Retail Trade
• Software Development
• Technology
• Transportation

Jewett, Schwartz, Wolfe & Associates is a registered firm with the Public Company Accounting Oversight Board of the Securities and Exchange Commission and the Private Companies Practice Section of the American Institute of Certified Public Accountants. Our commitment to high standards is further supported by our dedication to the technological and professional development of our staff through a continuing education program and a daily focus on total client satisfaction.

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v/r
Sterling