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And the question remains P4P, Why didn't the CFO sign the S-1a?????
and unless the CFO/Controller/HeadBeanCounter signs the S-1a, the uplisting goes nowhere.
And when I brought this to light recently, Roth actually did something about it.
Please feel free to post one of your own contributions. How about the SEC enforcement and sanctions against TEAM Roth.
Apparently, I am to you SIR
Regarding your "If", I guess investors have to Trust something, huh.
selling off in layers.
.0055
.006
.0065
.007
.0075
.008
.0085
.0088
Cost bass is a little tricky. I'll determine that at tax time, if I still hold shares at 12/31.
OK Ranger, take the loss anyway you want. Take your Capital loss, and my clients will take the the fraud loss.
Visit the IRS website and check yourself. You wouldn't believe me anyway, you need to check yourself. Very hot topic state-wide too.
Posted the Revenue Ruling and Rev Proc previously BTW.
can go back to 2009 if you like!!!!!!!!!! Discovery was made in 2009 of the fraud. 2010 is EZ
100% sure he is. He was all over the "to make an omelette......" quote.
“to make an omelette, you have to break a few eggs.”
You watch, and I ask questions and do independent research!!!!
Do you know why the CFO resigned????????? Normally an 8k would be required for a Public Company.
Keep watching
I don't do links Dog. Read the paperwork
its Russian
And the more intense the bullying, the more information is made available to make intellect investment choices.
Play accordingly
Howard Taylor was either Fired or resigned. The circumstances I believed involved "insider info" via the various emails. And no explanation, on why Howard is no longer listed in the filings as of 11/14/10, from management.
Same with the CFO. Suddenly he's just GONE, with no explanation from Roth. There's disclosure requirements for NORMAL Public Companies. But not this PINKIE. And he was SENIOR Management, who refused to sign the S-1a, as required by SEC regs.
And the SILENCE continues!!!!!!!!
And get in trouble AGAIN!!!!!
Did U find the SEC Sanction Stuff??????
Mint, did u read the post Dr p deleted yesterday??????
About the "cash flow Cycles"
Dr P could you please help me with this issue? There's a Current Liabililty, "Obligation To Issue Common Stock" for $282,198 on the 09/30/10 Balance Sheet. What's this all about??????
And the ASFX Financial Consultant, Howard Taylor!!!!!!!!!!!!! He resigned Too.
Hey Dr P!!!!! Please update the ASFX IHUB Intro, the ASFX CFO Resigned
Yeah, we have $945 in CASH
The whole "Roth Thing" is a HUGE mystery. I can't find ONE thing about this Guy that's POSITIVE, that can be verified by independent sources. Not ONE thing, except the SEC enforement and Sanctions involving his Management TEAM.
Hardly Positive IMHO!!!!!!!!!!
One thing is for sure, Dr Chris is not driving the Bus and Roth is not commited FULL_TIME to ASFX. He has other business interests
At the Moment, ASFX CAN'T Fund anything, much less "marketing exposure".
And ALL we get is SILENCE and rivers of RED ink from Management!!!!!!!!
And those are FACTS, there's no denying the situation Roth has put the Shareholder into.
We're in the flu season already. And NO ONE has placed a significant PO with ASFX yet. ASFX does NOT have an unlimited amount of time to turn this around. Roth has had over a year NOW!!!!!!!
I guess losing Money is not a problem to you. ASFX YTD LOSS = $4,800,000, with no end in sight.
Hart's replacement is from Texas, not FL! He appears to at least be smart about holding himself out as a CFO of a Public Company
Accountant
Name: James F. Brenner, CPA
Brenner & Elsea-Mandojana, LLC
Address: P.O. Box 6161
Kingwood TX 77325
Phone: (281) 360-2800
Fax: (281) 359-6080
e-mail: jim@globaltaxconsult.com
It was Dog!!!!!!!!!!
Mr "luvgagolf", do YOU know what the expenses in the 3rd Qtr for $580,000 (Beneficial conversion charge) and $416,794 (triggered anti-dilution provisions)were all about??????? Thats a MILLION BUCKS Sir.
And it appears to be a recurring Quarterly expense from now thru 2013.
Can you explain this MILLION dollar third QTR expense. TIA
I believe his resignation was due to a SEC request for his sjgnature on the past S-1a filings. Its the Law, he MUST sign. And he refused.
Nov 14th, 2010 his resignation was effective
The effective ANNUAL interest rate appears to be 500%
Hey "win", Timothy S. Hart CPA is no longer the CFO. Please update your stuff
Has anyone done a calulation of the cost of borrowing the cash from one of the Lenders (Lanktree I think)???????????
The effective Annual interest rate is INSANE!!!!!!!!!!!
Based on the "Subsequent Events" Footnote, the expenses have been GROSSLY misstated in the third Qtr. Maybe as much as One MILLION.
$4,800,000 loss for 2010, and we're only 9 months into the year.
Like I said Mint, the regulators were all over the SEC Sanctions. Big changes were made. UR welcome Roth, better now then later.
Considering everything, Very Weak!!!!!!!!! Thats why its selling at .006