American Security Resources Corp. (ARSC)

[Leirum]

Based on the recent 10K Sec Filing as of Sept. 8, 2008, there are no debts/liabilities. But more important is the following:
On August 12, 2008, the company paid Ohio University approx. $ 208.000 to bring current its liabilities on the license fees and the sponsored research payment. This per se is a good thing, as it shows, that the company is en current with the license fees and you are not doing this, if you are not a executing company. Maybe, something, some contributors to this board with a very negative opinion, should or could take this into consideration.