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Thanks for the detailed explanations "tohe". Money should start flowing in here quickly with events that warrant the release of substantive news. It would appear now that IR's tip to pay more attention to who is on the bid and not worry about the ask was correct. I bought entirely at the .007 bid today and it took an hour and a half to gradually fill the 400,000 share order. The bid finally dropped to .006 at the end of the day. It remains to be seen if selling will continue at the bid on Monday. I have a feeling we go up from here. I will probably test the new .006 bid again on Monday. I don't think I will be as successful as I was today.
/Desktop Folder/Poets Porch/Graphics/FLAG/flag.JPG
Whoops.. spoke too soon! Crazy trading at end of day! However, looks like the bid is now consolidated at .006 for Monday mornings open.
Looks like my buy order at .0065 won't be filled today!
Link to todays transactions:
http://ih.advfn.com/p.php?pid=trades&btn=s_ok&symbol=asfx&s_ok=OK&minimise=
From my talk with Investor Relation Ron Garner, I would say the public relations firm The Kauderer Group http://www.thekauderergroup.com/ has been and will be playing a part in the overall business plans.
You got me! You have to admit however, my condescending was a bit more gentle! ( :
It should be very simple to explain. Try this - All transactions at the bid are shown as sells (red), and all transactions at the ask are shown as buys (green).
Now don't get testy mbmurray. Take that a burr out of your butt. You don't need to lecture me about the dynamics of a trade. Of course every transaction has a buyer and a seller. How they are depicted as trades is different. Otherwise there would be no reason for trades to be coded red or green. If someone is selling 50,000 shares at the posted bid, and I buy them, someone has to decide whether the transaction is depicted or shown as a buy (green) or a sell (red) on the tally sheet. So maybe you could explain to me how that decision is made without being condescending.
Actually you were correct! All the transactions at the bid of .007 today were buys. Most likely the same thing yesterday. So how does that effect your TA now?
I have placed a small transaction order at the .0065 bid to buy 35,000 shares. The order has been in for an hour. Be interesting to see if it fills by the end of the day.
Talked to Investor Relations -
Investor Relations - (Ron Garner) - the company is not considering any reverse split and said any rumor put out of such a split is absolutely false. He highly recommends that current and potential investors register at audiostocks.com where more detailed information about American Scientific Resources and their business clients ie: Walmart, Costco, and several other well known clients can be accessed. ( I did so and he is right - lots of good info there). Mr. Garner said ASFX wants to move to the OTCBB, however, no specific time frames for the move can be discussed at this time. The share structure is correct as stated in the June 11th PR addressing that issue. As far as financing, along with the contract with Ideal Management Corporation to facilitate vetting of potential financing partners, there are Brokerage firm(s) that have expressed an interest and willingness to help the company raise money to meet their goals. I asked him about the recent fall in stock price. He is not concerned at all, and stressed that investors should be looking at who is on the Bid, not the ask. He also mentioned The Kauderer Group (public relations firm). Also -The next Filing for ASFX should be out in the next 2 to 4 weeks.
from the AudioStocks.com website:
STRATEGIC PARTNERS
Retail Consulting and Sales
Greenwood Group, LLC
Internet Marketing and Web Site Development
Future Now, Inc.
Media Consultants
Joseph Pedott Advertising
Public Relations
The Kauderer Group
Investor Relations Consultants
AudioStocks.com
Friedland Global Capital Markets
Not true. eom
Dr. Christopher F. Tirotta, CEO of American Scientific Resources, Inc., states, "Due to incorrect information, the Company would like to confirm that it is authorized to issue 250,000,000 shares of common stock. There are 139,238,026 shares issued and outstanding and 35,011,462 free trading as of June 11, 2008. Additionally, there are 333 active holders."
There is no increase in the OS. What are you talking about?
Time and sales show all my buys at the bid as sells, not buys.
ASFX(2008/06/20)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
13:04:45 80851 0.007 - OTCEQ_NBB
12:59:27 5000 0.007 - OTCEQ_NBB
12:58:03 50000 0.007 - OTCEQ_NBB
12:33:00 339149 0.007 - OTCEQ_NBB
12:29:36 19149 0.007 - OTCEQ_NBB
12:29:06 50000 0.007 - OTCEQ_NBB
12:29:00 50000 0.007 - OTCEQ_NBB
12:28:54 50000 0.007 - OTCEQ_NBB
12:28:51 20000 0.007 - OTCEQ_NBB
12:28:42 50000 0.007 - OTCEQ_NBB
12:28:21 50000 0.007 - OTCEQ_NBB
12:28:15 50000 0.007 - OTCEQ_NBB
11:51:45 50000 0.0075 + OTCEQ_NBB
11:39:45 88000 0.007 - OTCEQ_NBB
09:59:18 100000 0.007 - OTCEQ_NBB
09:57:27 50000 0.007 - OTCEQ_NBB
09:30:30 5000 0.0075 OTCEQ_NBB
Board Alert- What are MM's up to?
All of these trades at the bid today (and probably yesterday as well) have been buys. I bought 400,000 shares today at the .007 bid and they all showed up as sells on level II. Now the bid has dropped to .065.
Status Action Quantity
Symbol Type Price
Act. Price
Expiration Reported
Filled Buy 80851 ASFX Limit 0.007 -- -- 13:04:43 06/20/08
Filled Buy 50000 ASFX Limit 0.007 -- -- 12:58:03 06/20/08
Filled Buy 19149 ASFX Limit 0.007 -- -- 12:29:37 06/20/08
Filled Buy 50000 ASFX Limit 0.007 -- -- 12:29:06 06/20/08
Filled Buy 50000 ASFX Limit 0.007 -- -- 12:29:00 06/20/08
Filled Buy 50000 ASFX Limit 0.007 -- -- 12:28:56 06/20/08
Filled Buy 50000 ASFX Limit 0.007 -- -- 12:28:43 06/20/08
Filled Buy 50000 ASFX Limit 0.007 -- -- 12:28:16 06/20/08
BIHC - Skull and Crossbones - buyer beware:
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=bihc#getFilings
Yesterday, 90% of trades were sells. This type of non-news should only continue that trend. My target of .005 is getting closer.
More meaningless fluff news released -
As Part of National Safety Month, BioGold Fuels Corporation Warns Against Waste Hazards
Jun 20, 2008 9:00:00 AM
View Additional Profiles
LOS ANGELES, June 20 /PRNewswire-FirstCall/ -- More than 32 million workers are exposed to 650,000 hazardous chemicals in more than 3 million workplaces. And hundreds of new chemical products are introduced every year, each with its own particular health and physical hazards. (Source http://www.nsc.org)
Every day, Americans in varying occupations deal directly or indirectly with exposure to biowaste, chemicals, poisons, noxious substances, irritants, broken glass, scrap metal, needle sticks and more.
In the case of solvents alone, risks to exposure include toxicity to the nervous system, reproductive damage, liver and kidney damage, respiratory impairment, cancer, and dermatitis. (Source OSHA: http://osha.gov/SLTC/solvents/index.html)
BioGold Fuels Corporation (OTC Bulletin Board: BIFC) specializes in the treatment of industrial and household waste materials for the conversion of said materials into energy. The company is pleased to lend its expertise to helping American Scientific Resources, Inc. (Pink Sheets: ASFX) salute the National Safety Council (NSC) in its efforts to promote National Safety Month. BioGold Fuels Corporation will help raise awareness about National Safety Month via press releases, interviews, articles and the AudioStocks.com Newsletter.
"People don't realize that the things they throw away can cause serious injuries. These items can harm the trash hauler, recycling personnel, and can even come back to harm the community in general. For example, average household products contain many harmful chemicals that can end up soaking into groundwater supplies. In California, many people are unaware that materials they use to wash their car or fertilize their yard can end up polluting our local beaches when it rains," said Chris Barsness, BioGold Fuels Chief Financial Officer. "BioGold continues to focus on educating the public that we can't keep being a throw-away society. We believe that our process of utilizing the energy value within waste is just the first step in cleaning up our environment."
Employers must take care to protect their workers from exposure. OSHA and NSC provide numerous documents to help in this regard.
For example the National Safety Council provides courses covering topics such as:
-- How to determine if hazardous chemicals are present in your workplace
-- Steps for setting up an effective hazard communication program
-- Guidelines for labeling hazardous chemicals
-- Using Material Safety Data Sheets (MSDS) to evaluate hazardous chemical exposures
-- Promoting responsibility for initial and ongoing hazard communication activities
Homeowners too should be aware that seemingly ordinary household products can have potentially long-term effects when handled improperly and therefore should take precautions to protect family members and pets.
How did you determine that the only sell was at 11:41:01? That sell was for 65000 shares at .007 which was the bid price shown on level II. There were seven other trades following that one at the same .007 bid price totaling 361,055 shares. My historical sales chart from Alpha Trade shows every trade made at .007 as a sale today, not just the one at 11:41:01. The only buys shown were the first and last trades of the day, 10000 and 1000 shares respectively, at .075.
Unfortunately, even the Company isn't sure of it's own share structure or financial position:
"Management, under the supervision of the Company's Chief Executive Officer and acting Chief Financial Officer, conducted an evaluation of the
effectiveness of internal control over financial reporting based on the framework in Internal Control-Integrated Framework issued by the
Committee of Sponsoring Organizations of the Treadway Commission. Based on this evaluation, management concluded that the Company's internal
control over financial reporting was not effective as of March 31, 2008 under the criteria set forth in the in Internal Control-Integrated Framework.
A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting such that there is a reasonable
possibility that a material misstatement of the Company's annual or interim financial statements will not be prevented or detected on a timely
basis. Management has determined that material weaknesses exist due to a lack of segregation of duties, resulting from the Company's limited
resources.
No you are not wrong. But no one on the BHUB board knew what was happening until it was too late. The same stuff being said here about huge naked shorts and short squeezes were being said on the BHUB board before the halt. People got sucked in because of greed and rumors of huge gains when mm's would supposedly scramble like mad to cover their shorts. No one here even knows what the correct share structure actually is, and it seems IR won't or can't give the information out. Just be careful. It never hurts to be careful when rumors of short squeezes start to brew.
uhhh.... BHUB was halted shortly after the announcement was made confirming the correct shares OS number and that over a billion bogus shares had been issued by Select American Transfer causing the supposed "short squeeze" that never happened. The usually bogus but much used MOASS scenario would not be one any knowledgeable MASSIVE buyer would get involved in.
Just so we are clear about what you said xrymd:
You have a market maker friend, who is in contact with the company, and will be able to help the company out with money raising. This MM friend is meeting with the company in the next few weeks and he invited you to go with him. This MM friend who will help the company raise money, also told you the company is going to do a reverse split. Is that correct?
I have a friend who told me that you are not a nice man. ( : In any event, I have a call to the company I am waiting on a response to. I will certainly ask them why they would be telling market makers they were considering a reverse split but hiding it from the investing public ( except of course, from friends of the market maker). I will then ask him if he thinks I am an a--ho-- ! ( : ( :
Gee.. even more "friends" you are really connected!-
Posted by: xrymd Date: Wednesday, May 28, 2008 7:48:27 PM
In reply to: None Post # of 63550
ZGEN: I talked the the chairman of the P and T committee today. By luck he is a heme/onc friend. Even more lucky is the fact he had questions on his heme boards about antibodies to bovine thrombin so he is more aware of the concept than anyone else I know including the MD's who actually use thrombin. He expressed his support for the product. The meeting is next week. I will be out of town next week in Boston and Rhode Island so I won't know until I return in several weeks. They could always table it to the next month for further study so who knows.
Seems you have a lot of "friends" and "aquaintances" giving you information -
From the AMEX BTK board:
Posted by: xrymd Date: Friday, February 01, 2008 1:01:57 PM
In reply to: DewDiligence who wrote msg# 58487 Post # of 63550
FWIW: My MD aquaintance (a neurologist) who does Alzheimers research who told me months ago he did not think myraid or NRMX drugs were going to work (he was right). He tells me he thinks Elan's looks promising. He did phase 2 and is participating in phase 3. This was during a cocktail party so I could not press him for details.
So you have a "friend" who is a market maker, and he is getting inside information from ASFX and giving you that inside information about this company? Did you know that is a crime? Do you know you just incriminated yourself on this board?
I would venture to guess he is looking to buy in as low as he can, and is trying to get the stock to fall even more. Always happens when someone shows up and "reverse split" is thrown out on a stock board to try and spook the investors.
Then how do you explain this:
American Scientific Resources, Inc. Discloses Audited Financials
Company Posts Most Recent 4 Years of Audited Financials on Pinksheets.com
Jun 3, 2008 9:08:00 AM
View Additional Profiles
WESTON, FL -- (MARKET WIRE) -- 06/03/08 -- American Scientific Resources, Inc. (PINKSHEETS: ASFX) is pleased to announce it has subscribed to post its audited 2004, 2005, 2006 and 2007 financials on www.pinksheets.com to help maintain awareness within the investment community and assist shareholders and potential investors with due diligence.
American Scientific Resources, Inc. is a holding company for wholly owned subsidiaries, Kidz-Med, Inc. and Heart Smart, Inc. American Scientific's objective is to locate, acquire and promote innovative health and safety products that are successfully sold abroad, but that have not yet been introduced to the North American market.
Dr. Christopher Tirotta, CEO of American Scientific Resources, found the Thermofocus® 5-in-1 non-contact thermometer at a European medical convention in 2004, immediately recognized it as a revolutionary and unique device, commenced discussions with the manufacturer and became the U.S. distributor for the Thermofocus® 5-in-1. It is billed as the first non-contact, clinical thermometer in the world.
The thermometer has absolutely no contact with the skin, and gives an accurate (as accurate as rectal or ear) reading in less than a second. Thermofocus® 5-in-1 has been recommended by doctors and pediatricians throughout the UK, Europe and Asia and has even been used by medical personnel in Asia during the SARS epidemic. (See BBC article: http://news.bbc.co.uk/2/hi/business/2986469.stm) In addition, the Company has already placed the product at more than 6,200 Walgreen stores across the country, retailing for $79.99.
Dr. Tirotta said, "We are pleased to have been able to post such powerful information for stockholders and potential investors to view on Pinksheets.com. For a non-reporting company to release what would be classified as 'private' information to the public, we are hoping this will reinforce why we provide a unique opportunity for today's investor."
About American Scientific Resources, Inc.
American Scientific Resources, Inc. is a leading provider of innovative next-generation, health, medical, and safety products distributed primarily through nationwide medical suppliers, infomercials and on-line sites. Additional information about ASFX may be found at www.americansci.com.
Safe Harbor
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Check this out about Thermofocus -
http://news.bbc.co.uk/2/hi/business/2986469.stm) I
Sars boosts thermometer demand
By David Willey
in Rome
A small electronics company in Northern Italy has been flooded with orders from China for its patented thermometer, which can diagnose fever from a distance.
Tecnimed's body temperature thermometer, Thermofocus, is being used in Asia for screening people possibly infected with SARS.
Thermofocus measures a person's temperature from a distance of a few centimetres using infrared rays and is the brainchild of a 48-year-old Italian electrical engineer called Francesco Bellifemine.
He took out worldwide patents five years ago and has been producing small quantities of the thermometer for the past three years.
During the past ten days, as a result of the Sars epidemic, the Italian businessman has been flooded with orders from China and also from Taiwan for 70,000 of the white plastic thermometers, originally conceived for family use.
Big plans
Thermofocus was designed to allow mothers to measure their babies temperature without touching any part of the body.
The battery powered digital thermometer turns out to be ideal for cheap hygienic mass screening of possible Sars suspects and is already in use at airports in South Korea and Singapore.
This week the company, which has less than 30 employees, received orders from the Chinese government and also from health authorities in Taiwan for nearly $7m (£4.4m) worth of thermometers.
The company plans to take on extra staff and install new equipment to meet the sudden surge in demand.
With effect from today Italian health authorities are also beginning to screen passengers at major airports in Italy and Mr Bellifemine hopes that the Italian Health Ministry will join his rapidly growing list of customers.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/hi/business/2986469.stm
Published: 2003/04/29 16:47:23 GMT
© BBC MMVIII
They did have PR that includes Walgreens -
American Scientific Resources, Inc. Discloses Audited Financials
Company Posts Most Recent 4 Years of Audited Financials on Pinksheets.com
Jun 3, 2008 9:08:00 AM ......
" In addition, the Company has already placed the product at more than 6,200 Walgreen stores across the country, retailing for $79.99."
Why don't you ask? Here's the IR number -
Contact
AudioStocks.com
Ronald Garner
Investor Hotline:
760-692-1167
ron@audiostocks.com
Yes - with UBSS right next to him and ETRD on the bid at .0075
Good for you! You just might ride the bid all the way down to .005, which is my new target price! ( :
one major event will be listing on the OTCBB. ASFX had their last four years of financials posted on pinksheets.com, however, I am not sure if they have made any clear statements as to their intentions in regard to that posting. Are they in the process of applying for an OTCBB listing or did they post the financials just to show good faith and transparency?
Unfortunately, more volume going out than coming in. As it turns out, the news today was really a non event with no substantive details and little if any impact. Let's hope this doesn't become known as the stock that was on everyone's radar but no ones buy list, except of course, the handful of posters on this board who continue buying on the slow spiral downward. It's going to take REAL news now, or the spiral gradually continues even lower.
Spread the News! Financing is one piece of the AFSX success story. Next up, continued sales increases and listing on the OTCBB!
Terms of Financing?