American Security Resources Corp. (ARSC)

[boater_down]

It's nice to hear that. I hate to be skeptical but the fact is that Frank said in a form submitted to the SEC in July the the company would have a production run in August and of that run, one of the units would be sent in for certification.
I totally understand the idea of setbacks. The company just set back and said nothing to ammend the comments made by Frank so the investors would believe it as long as possible. There was never a reason given for the delay.
Giving investors a realisitc understanding of the situation would not only allow the investors to make a decision to buy, hold or sell based on the truth,but most likely investors would hang in for the long haul under those circumstances. When they release skewed information with the intent to bump the pps up in the short term,it doesn't take a brain surgen to catch on after the second or third time. Good investors become bashers and cause potential investors to shy away. Also, potential customers of the product find out what is going on and decide it would be better to do business with a more reliable company. Lenders look at the bad pr and decide that lending funds to this company would likely be bad business. Can you see the downward spiral ? Even if they have an opertunity to market an excellent product,the early bad business decisions can lead to failure.
I haven't sold the first share since I started buying several years ago before the pps popped up to the .64 area.
Yes I did buy some all along the way based on the PR of the company. I have leveraged down my average price below the .08 leve but I am still down 98%. Many others are in the same situation. I will hold on for the outcome but become more skeptical every week we don't hear what we need to hear. Certification and Sales are key to the survival of the compay. Stock is worthless at this point so the only out come woud be dilution messing with it. With limited resources for income, they have a finite period before they run out of money. At that point it doesn't mater who said what or why things happend. The company will be dead.
As always, we can only take the wait and see position.