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Thanks for that brez!
Well, we all knew that the O/S was going up so that's no surprise. So, under what circumstance or reason would the O/S being higher be no cause for alarm for shareholders?
From Ron's e-mail, it does sound like there is a lot of things in the works.
Here is the link to Ron's info. You ought to call him too if you have the time. He's nice and very informative.
http://americansci.com/investors.shtml
You're welcome!
I thought about that but don't want to take the chance that it may not get that cheap. That will be great if it does though. I'll be able to increase my position even more for less cost! My cost basis is pretty low now but there is still room for improvement. When the good news comes out and ASFX takes off the current SP isn't going to matter anyway.
So do I. Yes it is. I know everyone here says... "something will happen soon" and it will but it's a waiting game for now and soon is never soon enough. When it does happen though, it could be huge... and that is why I'm here and not elsewhere.
In the meantime, I'm loading up on the cheap SP while I can. Once it's gone it'll be too late.
I assume you mean "In mourning this morning"... and to that the answer is ...not at all. The only concern I have about the .0003 SP is how long I have to buy more at this price.
You must be reading a different wall. Hope is growing every day the more us investors realize the growth potential of ASFX.
He e-mailed me yesterday. He is probably busy helping prepare all the outstanding PR that ASFX is about to release!
Quiet this morning...
I e-mailed Erika regarding your ideas regarding the swine flu and the Thermofocus. Hopefully something good will come of this.
Would someone post the L2 please?
thanks
That seems likely but to what end?
Agreed. Why would someone sell at .0003 when it's been selling at .0004 all day? It's just giving .0001/share away. I know it's only $20 but still...
"You will profit soon from an investment opportunity." Nice fortune cookie I got today.
Everyone's thoughts about the Swine Flu pitch for the Thermofocus are excellent! Anyone heard anything out of Ron today? I also e-mailed him on Friday with no response.
Excellent post stervc. Thank you for your thoughts.
Hopefully a R/S won't occur. 1:10 and 1:50 seem a bit high to me. That would put the O/S at 33,600,600 and 6,720,000 respectively (based on last known O/S). What determines the O/S goal for a R/S?
Excellent on the no T-trade! Good call.
You could always buy out the .004s and find out.
You seem to be averaging down quite nicely here lately. Which I guess is the upside to the current SP. You own 51% yet?
That is nice. Waiting for that T-trade @ .0003 though. :-/ Even though I don't know for sure what those are, I still wish they would go away.
I'm in it. 13M @ .00059 avg. Might pick up more if those .0003s come back.
Actually, I believe you are correct. I have been using very conservative figures when calculating the growth for ASFX. I think the picture I actually see will be MUCH better!
The lack of operating capitol WAS a difficulty that ASFX has been working through. With the extended $5Mil credit line and increased sales, working capitol will no longer be an issue. To make this simple for you... $5M in products sales = approximately $4M in product profit. Or... invest $5M get $9M back.
There is absolutely no discernible similarity between ASFX and 1000's of fraudulent facilitators working in the pink market. ASFX is a real company with products in major retailers that are selling very well.
It will be clear to all soon and the picture for the holders will be outstanding. This will only be the beginning of the growth for this break out company.
"Ron Garner was IR for USXP. There are many "investors" still defending that scam because they believe the PRs/ stories/ IR while the CEO went to prison which they blame on the MMs and Naked Short sellers. If it was not for USXP, the Naked Short fairy tale would not be as fervent as it is today.
I would like to see proof of his connection. Would you provide a link please?
If ASFX does not reveal O/S, it is likely that shareholders may be left in the dark forever.
That is very true... but hopefully for not much longer.
Oh I know brez... I just don't like someone trying to ruin the credibility of the ASFX IR person in the public view of potential investors that may read this board. It is totally unfounded and uncalled for. If anything should be a reason for a ban.. that should be.
LOL!... I love the math!!
LOL Well put relaxed137. This board has become absurd with repeats and out dated DD. It's pointless to argue about this any further. The holders know ASFX is a great investment and that's all that matters.
Are you implying that Ron is a liar and falsifying company information?
I'm sure the number is greater than the 336M stated... but only by however many have sold in the three weeks since that number was accurate.
The A/S shares are NOT for satisfying past due notes. Profit will satisfy past due notes. We have no factual information regarding what the company has planned for the increased A/S.
Talk of a R/S is baseless speculation.
I never said that they would increase the A/S again. Re-read the post.
Anyway, $1M in debt is nothing. For perspective, think about this. If all 6000 Walgreens sold 1 Thermofocus a week giving ASFX $25 profit per sale, in ONE year that is $7.8Mil in profit. Now think about this... that is just for Thermofocus sales in Walgreens and does not include CVS, Babies R Us or any online venue. On top of that the posted gross profit in that link you gave indicates greater than $25 per sale... much greater.
That financial report shows EXACTLY why anyone should buy ASFX. The profit margins are huge and sales increased significantly over the previous year. Run that growth out through 2009 and see what you end up with.
Sorry about that. Transposed a number.
The only talk of a RS is from a couple of people on this board. It doesn't make sense to me that ASFX would RS after having just increasing the AS. I also don't believe that the OS has increased by much in 3 weeks when it was at 366M. I think it more likely that when the time comes, ASFX will just reduce the AS back down.
Everyone may have already seen this. Sorry if it's old news.
http://www.bioportfolio.com/news/Q4_2008_Sales_Increase_for_Health_and_Safety.html
As much as I hate to see the SP drop to .0003 at close... I hope you get it! GL!
That would be excellent! So is that this coming Tuesday for the first news release?
I think a gradual but frequent release would be better. Like you said.. keep the climb steady and continuing.
Agreed. What do you think would be better: a gradual release of information or everything at once?
Stocks rise and fall every day and can do so without an unfounded nefarious reason. ASFX is not immune to this.
It is not known for a FACT why the A/S was raised to 2.5B. This could be for a merger or J/V.
It is not known for a FACT what the current financial situation is at ASFX. The debt may have been consolidated with better terms.
The Technimed agreement is not known at this time. Exclusivity is still a possibility.
There is no such thing as "a timely fashion" when outside auditors are concerned. Also, don't forget that this is tax season.
The company silence is very frustrating but WE will get the information that WE have been patiently waiting for very soon.
Does anyone know if there are any other mediums in which to gather information and discuss ASFX?
Nothing regarding ASFX is obvious at the moment and won't be obvious until current and relevant information is released.
"Yesterday there was app. 140M shares sold. At .0004 that is app. 56000 dollars worth. Consider how many shares and how long it will take to satisfy the outstanding notes. We must also consider the conditions on those notes with regard to the accumulating late fees!"
Currently WE are awaiting current information regarding the financial structure. Until that information is released, it's just a guess.
Dog, do you own any shares of ASFX? If not, then you are not a part of "WE".
"They will sell shares, dilute, reverse split, sell, dilute---------. Anyone who has followed pinksters such as ASFX very long knows this."
This may be true for most other pinksters but I, as well as most others on this board, do not believe that ASFX is like most other pinksters.
Agreed!
I agree with Ron's definitions of shareholders vs. investors. Technically speaking he is spot on. The bottom line, however, is that both expect a return (at some point) on their investment. I think we have both on this board... within limits.
There is a certain positive/negative bias to those definitions and I think there is a psychology factor in play there.
Personally, I don't feel that I am responsible for the well being of ASFX. I will do what I can to "build" the company but only for the sole purpose of improving the SP and my exit position. If that makes me a shareholder... so be it.
If I only knew how to read charts... I'd shed a tear with you!
Actually, at these prices, I think they ARE giving them away.
"...(1)2.00"
That would be awesome!