American Security Resources Corp. (ARSC)

[likwit]

Do you still like this company Lowman?

They've extended a deadline and that's obviously frustrating to say the least, but they definately still seem to be alive, well and getting their ducks aligned..

From last weeks PR:

"We have begun the production process and expect to have commercial units to ship before yearend. We have a $21,000,000 purchase order backlog."

http://biz.yahoo.com/bw/081001/20081001005156.html?.v=1

Now I'm sure some roll their eyes when seeing that after the previous deadline they put out was extended to end of year, but these prices at fractions of a penny are just to hard for me to pass up and I don't think people should be throwing in the towel just yet.. imo, there will still be a few more nice runs like the ones we have witnessed in the past to have some good trades off and these are the times to be nibbling.. Could be wrong. Time will tell..

But i know I;ve been starting to reload again here below .0075 and am pretty confident there will be some more nice moves to the upside in time... Hopefully they drop it down lower though, wouldn't mind picking them up even cheaper..

GL 2 All involved here..