Just trying to live better than month to month.....
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Good DD Info:
Review of Facts on ASFX - Originally started in late 2008 and updated in June, 2009.
Many of you may be reading this for the first time, after seeing today’s monster increase in PPS (14.53 ↑1.40%). Well, the PPS here wasn’t always .0002/.0003 - it was .02 in Q3 of 2008 before the company had (unfortunately) to sell some shares due to a competitor screwing it over.
The Press Release of Thursday regarding Swine Flu / H1N1 is probably not the whole reason why this stock has increased from .0003 to .003.
http://finance.yahoo.com/news/Safety-Product-Company-Sees-prnews-15504232.html?.v=1
Those who have been on the board for a while, think that one of the following items is still in progress and may be one of the reasons why we’ve seen such intense volume here. We do not believe it is a P&D.
(a) audited financials of 2008 that were very good.
(b) uplisting - filing of form 10 that’s been promised
(c) audited financials for 2008 and 1Q 2009
(d) merger/partnership with a larger company who wants the Thermofocus
When the information started flow in 2008, there were a few bits of information that the group at large didn’t know. We knew the following things
(a) Dr. T was taking the company places
(b) the Company had its act together with Erika Stanczak in marketing.
(c) the company had solid thermofocus rights
(d) the company was in Walgreens (WAG 31.17 ↑1.53%), CVS (31.055 ↑0.63%), various babies-stores
(e) the company had past debt during startup times
We thought the following was happening in Q3/Q4 2008
(a) more contracts with QVC and Costco (COST 46.48 ↓0.24%)
(b) a huge amount of units ordered
(c) uplisting filings
(d) bigger company interested in investing
What we found out was
(a) Barrington Ventures (BV Medical) had sold outside of their ‘professional’ agreement and sold units to QVC and Costco Online and Walmart (WMT 48.6501 ↑0.19%). Their contract with Tecnimed states that if you breach the contract, you owe 50% of the proceeds to the person who had the rights.
(b) Exergen filed a patent infringement lawsuit
(c) KidzMedz filed a lawsuit against Technimed for breach of contract (because of BV Medical)
(d) The company was almost broke because Walgreens was withholding payment because of (c)
(e) the company had to issue 300+M shares into the float to pay its bills.
What has happened in the first quarter of 2009 since then is
(a) KidzMedz and Tecnimed have made up.
(b) ASFX has received payment from Walgreens and is bringing in about $50k a month from Walgreens and Babies-R-Us
(c) Babies-R-Us has ordered twice in large quantities and continues to order on a weekly/monthly basis.
(d) ASFX and Tecnimed are co-fighting the exergen suit
(e) There are 2 new board members. Some of us believe that Mr. Reznik is one of the note holders and has a seat on the board in order to steer the company toward higher profits.
(f) There was a shareholder meeting in New York
(g) there was public talk of uplisting in recent PR’s
(h) Swine Flu - Huge orders online for Thermofocus from ASFX over the past 45 days.
Primarily due to the BV Medical thing that happened last year, the company had a hard time paying its bills. During the settlement it reached with Tecnimed, it was relieved from all penalties and interest that it owed Tecnimed for product. The court case has been posted on the board a few times. ASFX does owe Tecnimed about $1M and is currently paying Tecnimed up-front for the cost of thermometers and is giving them 50% of all profits in order to pay back inventory costs. I believe ASFX must have found some way to satisfy its creditors in order to keep in business, and has worked out a payment plan.
No one knows what the Share count here is for sure, but the A/S is 2.5B. I believe that the O/S & Float is somewhere around 500M shares, which is why we moved so nicely today on this volume.
There are a few things that I left out, but hopefully the worst is behind us and we can continue to move forward. something must have worked itself out with regard to one of the following in my mind, because this just isn’t a P&D company.
a] some sort of partnership or merger
b] the uplisting (form 10) was finally filed
c] resolution of a court case
d] ??
No..... That section I copied and pasted as it was put out to show what was written by them.... I know what the price is and more importantly, was..... I expect it to get back well above that level in the not so distant future.... GLTA
Could explain why the post suddenly got erased.... Lets hope the news hits in the AM..... However, some believe they like to put a PR out on Thur afternoons.... Therefore, that gives whoever was accumulating this stock, a few more hours to grab all they can.... Should be very interesting....
Then no matter what, with all the money just poured in on this stock and the unusally high volume this has got to be BIG news and should send this on a trip 4 times the pullback we just experienced.... I've heard so much on this "other entity" I'm beginning to believe it might just be them pulling those big blocks we saw going through.... In any case, I'm holding......
Keep in mind we already KNOW they are selling the shelves clear in some places..... Think about Babies r'us, Walgreen, CVS, Walmart and others already selling in their stores and online....
From Smallcap Network:
American Scientific Resources, Inc. (ASFX.PK)
Wow! Up 70% today, and up more than 6000% over the last four days? Hey, anything is possible when your shares are priced at $0.0002. They're now at a whopping $0.0125.
In short, American Scientific is a medical supply company. The stock went nuts last week following a positive announcement that swine flu hysteria was driving sales through the roof. The company was touting the $30,000 in online sales they'd achieved last month.
I was initially prepared to take a poke at a company that was proud of only $30K in sales, but then I started to dog a little. It didn't indicate how much was being done offline. And, we don't know how much the company does in a normal month.
However, we do know that even after the recent run up in the stock, the market cap is still under $3 million. If the $30K/month online ales can be sustained, that's $360 million per year right there....not counting other revenue vehicles.
It's a pink sheet stock, so be careful. It's not a crazy idea though... could be worth a little DD to see if it's legit. (Just keep in mind the pumpers and bashers still have control.)
What's the current status on Ulster Scientific in NY??
ASFX aquired that company in a reverse takeover.... I would guess they are still doing biz also.... Anyone have facts?
Also, I came across this:
The Company experienced a 15% sales increase with net sales of $263,603 for the first quarter of 2009, as compared to net sales of $229,982 for the first quarter of 2008.
*you can bet thats alot higher for Q2*
Nice to see it going back up slowly like a normal stock moves... I can't wait to see the next news release.... Got a feeling the .02 will be tested at that time....
Been watching HTDS and grabbing a few mil.... If goes 50% of what ASFX did, it'll be well worth the speculation....
some nice buys coming in.... wish i had level II on this stock but it doesn't come up on my TD level II.... Please keep us posted and Thank You....
I've thought about the same thing..... No matter what, we still have a thin float.... Once the news is out, they won't have the chance to get back in on these lows and will be playing the "Lets Chase The Bid" game.....
Anyone talk to the company yet to see if somethings to be released in the near future??
I'm with you guys..... Show Me The GREEN.....
so a VWAP of .oo94 is good.... Any indication for tomorrow?
What does VWAP stand for?? eom
From a previous post, this is my point....
Note at the end "look forward to another big order".... I remember someone posting they heard of a huge order that put the company into 24 hour manufacturing mode.....
I spoke with Thereasa today. The news of the uplisting is probably helping the s/p according to her the uplisting paper work should be complete by the end of the month. Once uplisted the s/p should pop up nicely. Even after the last couple of days run up there is still time to accumulate shares at this price and hang on for a while. I currently own 15 mil. shares and plan on picking up more early tomorrow.
Theresa also told me that they have had their biggest month ever selling thermometers and intend on filling every order and look forward to another big order.
I'm staying put.... I didn't get into this to bail out on a massive shake for shares.... I saw the "Out Of Stock" signs.... I believe in the orders coming in and I don't believe for a second the money someones put into this stock over the past few days of trading has anything to do with a swine flu PR.... I'm not in the catagory some of you are with 20 or 30 million shares, but what I have is alot for me and my situation and I didn't sell a share since I started.... I've added on a few dips and my average is still way below the current bid.... We really should get a PR soon on all the huh-bub that's happening.... I believe in the company and will stay put....
I agree..... I feel the MMs know something and wanted to shake the tree so hard the monkeys jewels would fall off.... This company has so many other things as well as the best thermometer in town.... Would have been nice to sell and double the position but with my luck it would have gone to a quarter....
Many emails saying the same thing might be considered spam and defeat the purpose.... All should copy the link and put in their own words.....
Looks like many stop losses set at .008 going into the MMs hands now....
How are the charts & level II looking now??
I've been adding and not selling here too.....
Very Interesting On Exposure Today
The following stock newsletters made mention of ASFX stock.
OTCPicks.com Daily Market Movers Digest Midday Report f...
Today 1:29 PMby OTC Picks
HotOtc.com - Mid Day Update for Monday
Today 11:49 AMby HotOTC
CoolPennyStocks.com - Mid Day Update for Monday
Today 11:49 AMby Cool Penny Stocks
OTCPicks.com Stocks to Watch for Monday, June 15th
Yesterday 6:49 PMby OTC Picks
HotOtc.com - Mid Day Update for Friday
6/12/2009 12:29 PMby HotOTC
StockEgg.com - Mid Day Alert 6-12-2009
6/12/2009 12:29 PMby Stock Egg
StockStars.net Friday Midday Report
6/12/2009 12:29 PMby Stock Stars
CoolPennyStocks.com - Mid Day Update for Friday
6/12/2009 12:29 PMby Cool Penny Stocks
StockStars.net Thursday Night Watch List
3/19/2009 9:29 PMby Stock Stars
HotOtc.com - Watch List for Tuesday
8/25/2008 8:42 PMby HotOTC
OTCPicks.com Stocks to Watch for Tuesday, August 26th G...
8/25/2008 7:42 PMby OTC Picks
HotOtc.com - Mid Day Update for Monday
8/25/2008 12:19 PMby HotOTC
HotOtc.com - Watch List for Friday
8/21/2008 9:57 PMby HotOTC
OTCPicks.com Stocks to Watch for Friday, August 22nd
8/21/2008 8:59 PMby OTC Picks
OTCPicks.com Daily Market Movers Digest Midday Report f...
8/21/2008 12:42 PMby OTC Picks
OTCPicks.com Stocks to Watch for Thursday, August 21st
8/20/2008 8:07 PMby OTC Picks
News from Standout Stocks
8/19/2008 10:29 AMby Standout Stocks
HotOtc.com - Mid Day Update for Friday
8/8/2008 11:52 AMby HotOTC
SC Daily: SSTPs All Green Jet Fuel Shows Favorable Test...
6/17/2008 10:42 AMby Small Cap Voice
SC Daily: CJGH Reports Record Q1 Revenues of 6.3 Millio...
6/12/2008 8:47 AMby Small Cap Voice
This sure does look great....
Is there any after hour on this?? Any guess as to the open?? I guess .011 by 10AM.....
Daytrader Exodus..... IMO
The constant here is steady buying, the variable is the selling.
Which I might add is 100x better than just a big pop which we all know never holds.... Slowly going up like this forms a solid base for moving well into the pennies.....
(easy to see long after it started)
From Coolpennystocks....
Mid Day Update for Monday 6-15-2009
Wow, my mid day alert on ASFX Friday blew up today, at point being up over 115% this morning!!
He's busy replying non-publicly....
I added more on that last dip.....
To The Moon Alice !!!!
Stores Selling Thermofocus.... Please add others you find...
http://www.balkowitsch.com/ProductID-1037-ProductDetails.aspx
http://www.target.com/gp/detail.html/184-3601051-4358264?asin=B001IJXMNE&AFID=shopzilla_df&LNM=Health_+_Beauty_Supplies|Biometric_Monitors|B001IJXMNE&CPNG=health%20beauty&ref=tgt_adv_XSB10001
http://digitalgiftstore.stores.yahoo.net/km-01500.html
http://comfortfirst.com/p-36278-kidz-med-thermofocus-non-contact-clinical-thermometer.aspx?affiliateid=10088
http://www.toysrus.com/product/index.jsp?productId=2664823
http://www.cvs.com/CVSApp/catalog/shop_product_detail.jsp?filterBy=&skuId=419518&productId=419518&navAction=jump&navCount=3
http://www.amazon.com/Kidz-Med-Thermofocus-Non-Contact-Infrared-Thermometer/dp/B000V6P38W
http://www.walmart.com/catalog/product.do?product_id=10811353
Imagine that.... A stock that runs so high it has a pullback in the 1st 30 minutes of trading.... Let her rip......
Well, if news hits in the morning prior to market opening, then the ones looking to get in cheap can kiss that option bye bye.....
Doesn't look like we are going to get any news till tomorrow, maybe.... Good luck everybody and Thanks for so many great posts.... As Gleason once said, "To the moon Alice".....
That would be nice..... Just wish they wouldn't wait till the last minute....
Always a good day if you learn something.... (without losing your a$$)
Nobody has a level II on this??
Stock up for monday.... Got a great feeling on this one!
I'm hoping the thought of the company buying back shares earlier is what we see in the next PR or so.....
Might have to send them a Hope You Feel Better card.... lol
Level II anyone?? eom
Two hours left and then we watch for news over the weekend.....
Why would anyone sell at this level..... So much more to be had in the future..... Too risky to try and flip....
My level II doesn't show this stocks MMs.... Is there a place to view free anywhere??