American Security Resources Corp. (ARSC)

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American Security Resources Corp. files Form 8-K, Current Report

SECTION 2 – Financial Information

Item 2.01 Completion of Acquisition or Disposition of Assets.

On the 19 th day July, 2006 Frank R Neukomm acquired beneficial ownership of 9,4894 as compensation shares of American Security Resources Corp. Common Stock. Following this transaction Frank Neukomm is the direct owner of 3,977,270 shares of Common Stock.

On the 19 th day July, 2006 Robert C Farr acquired beneficial ownership of 121,277 as compensation shares of American Security Resources Corp. Common Stock. Following this transaction Robert Farr is the direct owner of 629,706 shares of Common Stock.

On the 19 th day July, 2006 Edward L Davis acquired beneficial ownership of 82,979 as compensation shares of American Security Resources Corp. Common Stock. Following this transaction Edward Davis is the direct owner of 7,623,312 shares of Common Stock.



SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



AMERICAN SECURITY RESOURCES CORPORATION