ASFX

American Scientific Resources

USOTC

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ASFX

American Scientific Resources

USOTC

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312

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jhnvtjll

12:24 AM

Post #58,002

Re: #58,001: @backtoreality - Remember the first time asfx dropped the CE,

I don't remember that. It was too long ago.

Canadians can buy CE. Look at CYBL.

ASFX has zero chance of coming back to life, in my opinion. In addition to CE and Expert Market, it is delinquent. They have not posted financials for nearly 13 years. There are plenty of other clean shells ripe for mergers and they're not CE/Expert Market. ETEK, GVSI, CLHI, just to name a few examples.

backtoreality Free

04/21/24 10:00 AM

Post #58,001

Re: #57,997: @jhnvtjll - It filed for bankruptcy (Chapter 7 liquidation), failed

Remember the first time asfx dropped the CE, it popped nicely, but back then you could still trade with a CE designation. There are new platforms that allow CE trading and possibly the Expert Market.

I feel that this is a clean shell with a low SS. It has to be ripe for a merger. And I still can't help wondering why someone paid off the bankruptcy.

backtoreality Free

09/09/22 2:25 PM

Post #57,999

Re: #57,998: @backtoreality - I can not fathom why the bankruptcy case

Robert Faber is listed as having a medical device company in FL. The phone numbers are not active. Also asfx name was changed to Brooklands Inc which after March 2020 became inactive.

backtoreality Free

09/09/22 2:23 PM

Post #57,998

I can not fathom why the bankruptcy case was resolved and folks were paid off to the tune of half a mil$ without moving the company forward....

Unless it was all premeditated in the first place. Some type of agreement? The assets were sold to Redhawk ticker SNDD. For those who care Redhawk had the non contact thermometer and now they have the hypodermic needle destruction device that ASFX originally had the patent on.

So Robert Favber steals these patents, starts a new entity and pays off the investors in the lawsuit minus us wee little retail investors like me who lost 10's of thousands $$

Royal Scam

jhnvtjll

07/08/22 8:14 PM

Post #57,997

Re: #57,995: @Hawkeye10 - Ok. So asfx just vanished. What happened?

It filed for bankruptcy (Chapter 7 liquidation), failed to reverse merge, got slapped with CE (I don't remember why), and then got moved to the Expert Market for being delinquent in filings, which means hardly anyone can buy shares.

backtoreality Free

06/30/22 8:35 AM

Post #57,996

Re: #57,995: @Hawkeye10 - Ok. So asfx just vanished. What happened?

Good question. To settle bankruptcy at the tune of over $500k then let the shell sit is mind boggling.

I'm in a number of OTC companies touting reverse mergers whose stock price is in the dumpster due to a massive bear mentality/ shorts. Maybe something is in the cards for this clean shell but is on hold. I know I'm holding.

Hawkeye10

06/21/22 5:53 PM

Post #57,995

Ok. So asfx just vanished. What happened? Anyone?

jhnvtjll

03/27/22 11:54 PM

Post #57,994

Re: #57,991: @backtoreality - What does this post mean?

Chapter 7 bankruptcy case closed, I guess.

What does this post mean?

Date Terminated....?

9/11/2018

jhnvtjll

03/27/22 11:51 PM

Post #57,993

Re: #57,990: @backtoreality - So you posted this OS of less than

The share structure hasn't changed in a few years. In 2019, someone posted the same 417 million O/S and 5 billion A/S.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147620435

I believe they could change the share structure. A filing from 2011 shows 2.5 billion A/S. Since the company has no SEC filings in 10 years, we'll have to rely on the transfer agent for the most updated share structure.

https://www.otcmarkets.com/stock/ASFX/security

backtoreality Free

03/26/22 3:29 PM

Post #57,992

Someone once said " never turn your back on a Stinkie Pinkie stock".

backtoreality Free

03/26/22 3:26 PM

Post #57,991

Re: #57,297: @Streett - 12-14640-JKO American Scientific Resources, Incorporated

What does this post mean?

Date Terminated....?

9/11/2018

backtoreality Free

03/26/22 3:13 PM

Post #57,990

Re: #57,587: @jhnvtjll - O/S 417,046,682 as of July 5, 2019, TA verified.

So you posted this OS of less than 500 mil shares. What was the AS at that time? 5 bil? Can a bankrupt company increase share structure?

I'll keep digging on the BK outcome

jhnvtjll

03/25/22 10:06 PM

Post #57,989

Re: #57,988: @backtoreality - Who's the idiot that paid off the bankruptcy

5 billion authorized shares, transfer agent verified 3/11/2022.
https://www.otcmarkets.com/stock/ASFX/security

Where did you hear about the payoff? PACER? I have not followed the ASFX bankruptcy case in many years.

backtoreality Free

03/24/22 3:36 PM

Post #57,988

Re: #57,987: @jhnvtjll - Only an idiot company would want to merge

Who's the idiot that paid off the bankruptcy and why? It's a clean shell unless there still are people who didn't sign off on the bankruptcy.

Do you have a link showing 5 billion shares? I don't remember ever seeing an AS that high.

Jpex had a merger lined up, but the shell wasn't clean.

Furnishing past Financials while in bankruptcy should be easy.

jhnvtjll

03/24/22 2:57 PM

Post #57,987

Re: #57,986: @backtoreality - I just cannot fathom why someone would satisfy

Only an idiot company would want to merge into ASFX. Expert market, Delinquent SEC Reporting, Caveat Emptor, 5 billion authorized shares, and the NV business registration is Permanently Revoked. There are much better shells that are Pink Current and ready for mergers.

backtoreality Free

03/23/22 10:00 AM

Post #57,986

I just cannot fathom why someone would satisfy the Bancrupcy debt and along with a low share structure would be looking for a valuable merger. This could trade dollars with the right merger.... Hellooooo

Guitarzman Free

01/28/22 8:18 PM

Post #57,985

Hey will you just look at this !

After many months of being flat lined and doing absolutely nothing there is a blip on the screen again . Of course it is a blip DOWNWARD , lol.
I didn't realize they even showed stocks that are priced or traded below .0001 . I guess that kinda puts this POS into a league of its own.

.000001 LOLOL ...... too Funny .

morg38off

09/21/21 1:57 PM

Post #57,984

Great explanation...still some hope here in the future of someone picking this shell up...maybe not as clean as we thought?? glta

On September 28th, OTC Pink/No Information tickers do NOT move to the Grey Market.

Instead, all OTC Pink/No Information tickers will be moved to the Expert Market. That is where OTC Markets already puts stocks which OTC Markets have labelled as Caveat Emptor.

Only institutional investors and accredited investors are allowed to purchase stocks on the Expert Market.

However, because the OTC Pink/No Information tickers will retain that designation, they will not need to go back through the Form 211 process with FINRA as they would if they were moved out of OTC Pink and into the Gray Market.

If an OTC Pink/No Information ticker files the required paperwork to bring their filings current, the ticker will be reclassified as OTC Pink/Current.

People here on iHub who are attempting to scare you into selling your shares through a market order before September 28th are hoping they can acquire your shares for as low as $0.000001 per share. That is the lowest price possible.

Then, they can try to sell your shares at $0.0001 per share for a 9,900% profit.

Note that as of September 28th, you will no longer be allowed to submit market orders for your OTC Pink/No Information stocks and limit orders generally are not accepted at prices below $0.0001 per share.

If you still holding shares for an OTC Pink/No Information stock, you should only have limit orders at a price of $0.0001 per share or higher.

If the corporation files the necessary paperwork to bring their filings current, the stock will resume normal trading and you will get a chance to recover your cash. Otherwise, eventually in a few years, the stock will die and you will have to take the tax deduction on your loss at a rate of no more than $3,000/year unless you have gains on other stocks to offset the additional losses.

imjtw2u

08/13/21 8:25 PM

Post #57,983

Re: #57,982: @Guitarzman - At least you were smart enough to bail

i have been here approx. 9 years waiting for something to hit, nothing did. i was in @.0002. sold,held,sold,and wound up holding for a long time. @>002 it was time to get out. i still would like to get some just to hold again at this pps. but, nahh.
GOOD LUCK TO ALL IN ASFX....

Guitarzman Free

08/13/21 8:13 PM

Post #57,982

Re: #57,981: @imjtw2u - WOW, after i sold @.002 i thought "what

At least you were smart enough to bail out and get a little something out of it before this thing completely fizzled out like it has . All this talk about being a potential Reverse Merger candidate is just a pipe dream and wishful thinking. This stock has already had it's 'day in the sun ' or ' 15 minutes of fame ' and that time has long since past . Now this one is just another statistic along with countless other pinkies that have come and gone to the wayside leaving behind a handful of Bagholders ( like myself )
just hoping for some kind of miracle to happen. Personally I believe that if anything positive was in the future for this stock it would have already happened not long after emerging from bankruptcy which obviously didn't happen . Just my two cents .

imjtw2u

08/12/21 10:48 AM

Post #57,981

WOW, after i sold @.002 i thought "what a mistake i made!". lol.
best thing i did was to sell. sorry about all the bag holders....

morg38off

06/23/21 6:32 PM

Post #57,980

Re: #57,979: @Streett - Hi Morgan,

Sorry..talking huge spread... .0001-.0011

Streett

06/21/21 7:59 AM

Post #57,979

Re: #57,978: @morg38off - Well now 1-11 what the heck is that???

Hi Morgan,
What is 1-11? You have me curious now...
CW

morg38off

06/17/21 3:50 PM

Post #57,978

Well now 1-11 what the heck is that??? Maybe this shell isn't as clean as we have thought or maybe this is a good sign??? Thoughts?

renaissance1 Free

05/20/21 11:20 PM

Post #57,977

Re: #57,976: @morg38off - Hmmm yes and now 12-13. Hoping some company

That would be a nice little surprise. Hope you are right. The spread tightening up is another good sign. Something is going on. Just not sure what. It seams like there is very little trading for a couple weeks and then someone buys a million shares out of nowhere. That is at least interesting. I am not saying something great is coming but I am just interested to see what happens. Good luck.

morg38off

05/20/21 3:57 PM

Post #57,976

Re: #57,975: @renaissance1 - Some one is quietly buying shares here. Wonder why.

Hmmm yes and now 12-13. Hoping some company picks this up and gets us reporting b4 Sept. seems like it is a nice clean shell

renaissance1 Free

05/19/21 8:40 PM

Post #57,975

Re: #57,974: @Renee - ASFX: As of May 25, 2021, TD Ameritrade

Some one is quietly buying shares here. Wonder why.

Renee

05/01/21 9:18 AM

Post #57,974

ASFX: As of May 25, 2021, TD Ameritrade will restrict orders in Caveat Emptor designated OTC securities to liquidating trades only.

A Caveat Emptor security is a designation the OTC Markets Group places on a security after a determination was made surrounding the company that there may be potential risk to investors which include a questionable stock promotion, known investigation of fraudulent activity committed by the company or insiders, regulatory suspensions, or disruptive corporate actions, among other reasons.

The current list of Caveat Emptor restricted securities is below as of April 12, 2021 and is subject to change at any time.
Please visit www.otcmarkets.com for additional details and real time Caveat Emptor desiginations.

https://www.tdameritrade.com/retail-en_us/resources/pdf/cesecuritylist.pdf

captainscotty Free

03/21/21 11:07 AM

Post #57,973

Re: #57,199: @Mariner* - [Video] What is a Reverse Merger Penny Stock Play?

#ASR: PENNYLAND RM EXPLAINED

morg38off

03/11/21 8:30 PM

Post #57,972

Re: #57,971: @totffe - Long and strong. You are right, a low

Good to hear from you...hope this is our year here!

totffe

03/11/21 5:50 PM

Post #57,971

Re: #57,970: @morg38off - totffe....still with us???

Long and strong. You are right, a low float clean shell. Patience will be rewarded here

morg38off

03/11/21 12:39 PM

Post #57,970

totffe....still with us???

morg38off

03/11/21 12:38 PM

Post #57,969

Can't see them letting this clean shell go to waste!!

Guitarzman Free

02/26/21 7:39 PM

Post #57,968

It looks to me like the Fake run-up by the MM's is over and everything is back to normal.

What a joke .

lagunaseca1 Free

02/25/21 4:52 PM

Post #57,967

Not sure what it means but i was able to set a sell order above .01 Last time i tried, i got a notification saying there was too far of a spread from the current price.

john12

02/24/21 1:55 PM

Post #57,966

Re: #57,965: @Slantnose - Things are starting to get interesting around here

Exactly ... and no news at all that I can find

Slantnose

02/22/21 12:08 PM

Post #57,965

Re: #57,964: @morg38off - Movin on up! :))

Things are starting to get interesting around here for some reason?
The big question is why?

morg38off

02/22/21 10:01 AM

Post #57,964

Movin on up! :))

morg38off

02/20/21 4:37 PM

Post #57,963

Re: #57,962: @SrGreenGo - https://m.marketscreener.com/quote/stock/OTC-MARKETS-GROUP-INC-7222369/news/OTC-

Thanks for the info. So wondering your opinion as to why many pinks have been skyrocketing the past few weeks.

SrGreenGo

02/19/21 10:49 PM

Post #57,962

https://m.marketscreener.com/quote/stock/OTC-MARKETS-GROUP-INC-7222369/news/OTC-Markets-Transforming-the-OTC-Markets-32279898/

rmann123

02/19/21 4:09 PM

Post #57,961

not a bad day

Streett

02/19/21 6:55 AM

Post #57,960

Re: #57,948: @morg38off - Great candidate for R/M ...imo :))

You stole my line! :0)

That is exactly what I offered a few weeks ago...

starkd748

02/19/21 1:01 AM

Post #57,959

Re: #57,958: @Longer Than Most - $ASFX .003 hod Boom Oh and I had TSNP

I'm up 350k so far hahaha

Longer Than Most Free

02/19/21 12:29 AM

Post #57,958

Re: #57,920: @starkd748 - No volume and it cant trade etrade on

$ASFX .003 hod Boom

Oh and I had TSNP at .0001...hope that was a joke

renaissance1 Free

02/18/21 9:13 PM

Post #57,957

Re: #57,956: @renaissance1 - Maybe we are actually going to have a

Could you imagine where this would be if they were still selling non contact thermometers during this pandemic??? My god we would be over 50 bucks a share. We were just a little too early.

renaissance1 Free

02/18/21 9:12 PM

Post #57,956

Re: #57,955: @gman22 - I wonder what the heck is going on

Maybe we are actually going to have a reverse merger. It’s rare but you never know. They have been inactive for a long time but maybe. Just maybe....

gman22

02/18/21 7:28 PM

Post #57,955

I wonder what the heck is going on with us....It toiled next to nothing for a long time! Glad to see my account help but curious of what’s going on?

Slantnose

02/18/21 2:46 PM

Post #57,954

Re: #57,951: @lagunaseca1 - That escalated quickly

Thats a pretty fair assessment at this point, Id say.

renaissance1 Free

02/18/21 2:45 PM

Post #57,953

Re: #57,951: @lagunaseca1 - That escalated quickly

Ok. Somethings up. Too much volume out of nowhere for it not too be.

Victor7

02/18/21 2:45 PM

Post #57,952

I try to buy today @.002 but I was not able to but I bought few last week it was executed but not today!
I guess only mms can buy
Let’s see if I can sell down the road!
V

Older

American Scientific Resources (ASFX)

Followers	312	Posters	1495
Posts (Today)	1	Posts (Total)	58002
Created	11/09/06	Type	Free
Moderators

CAVEAT EMPTOR

ASFX

American Scientific Resources, Inc.

Common Stock

Overview
Company Profile

OTC Markets Group Inc. ("OTC Markets") has discontinued the display of quotes on www.otcmarkets.com for this security because it has been labeled Caveat Emptor (Buyer Beware). OTC Markets Group designates certain securities as “Caveat Emptor” and places a skull and crossbones icon next to the stock symbol to inform investors that there may be reason to exercise additional caution and perform thorough due diligence before making an investment decision in that security.

The Caveat Emptor Designation may be assigned when OTC Markets becomes aware of one or more of the following:

Promotion — The security is the subject of stock promotion that may be misleading or manipulative. Promotional activities may include news releases, spam email, and newsletters, whether they are published by the issuer or a third party. See OTC Markets Group's Policy on Stock Promotion.
Investigation of Fraud or Other Criminal Activities — There is an investigation or other indication of fraudulent or other criminal activity involving the company, its securities or insiders.
Suspension/Halt — A regulatory authority or an exchange has halted or suspended trading for public interest concerns (i.e. not a news or earnings halt).
Undisclosed Corporate Actions — The security or company is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available.
Other Public Interest Concern — OTC Markets Group may determine that there is a public interest concern regarding the security. Such concerns may include but are not limited to promotion campaigns (including third-party), unusual or unexplained trading activity, spam or disruptive corporate actions even when adequate current information is available.

OTC Markets will resume the display of this security’s quotes once adequate current information is made available by the issuer pursuant to the Alternative Reporting Standard or by the SEC Reporting Standard, and until OTC Markets believes there is no longer a public interest concern. Investors are encouraged to use caution and due diligence in their investment decisions. Please read our Investor Protection page and OTC Markets Policy Regarding Caveat Emptor for more information.