American Scientific Resources (ASFX)

[bear22]

Going Concern. These financial statements have been prepared assuming that the Company will
continue as a going concern. The Company has operating and liquidity concerns, current liabilities
exceeded current assets by $1,932,847 at December 31, 2007, has reported a net loss of $2,951,560
and used net cash of $2,222,874 in operations during 2007. These conditions raise substantial doubt
about the Company's ability to continue as a going concern. The financial statements do not include
any adjustments to reflect the possible future effects on the recoverability and classification of assets
or the amounts and classification of liabilities that may result from the outcome of these uncertainties.
The Company’s continued existence is dependent upon its ability to successfully execute its business
plan. The financial statements do not include any adjustments to reflect the possible future effects on
the recoverability and classification of liabilities that may result from the outcome of this uncertainty.

So does anybody think that this is still a big concern, or you think they've been able to overcome that in 08?? got it of the 06,07 audited financials.