American Scientific Resources (ASFX)

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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

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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.