American Security Resources Corp. (ARSC)

[boater_down]

I'm sure that it will drop below .oo5 if they don't come out with news before the end of the month. I figure I'll put in a buy @ .004 and see what happens. I agree that the proceeds from 7M shares won't buy much. I know that they want money from sources other than the lender they have. I can't see them getting any real money through stock sales. I believe also that the buy from Frank was a ploy to pull the pps up before dilution. It didn't happen. He told me once that he had tricks up his sleeves. That was in the context of the company pulling in funds. I feel very uneasy about sinking any more money into this but it sure looks attractive in a very speculative way.