American Scientific Resources (ASFX)

[Warmy]

When you consider the revenue postings for Q3 08 with practically no advertising and the fact that this company is still in its infancy, that is really not much debt IMO. I doubt there are many companies that run without debt. In fact, the company I work for is currently running with $30M debt and based on our size and revenue it is considered practically none. Granted we are vastly larger than ASR but still I think it's all relative.

Point being, if ASR gets a little momentum going through whatever means and sales revenues continue to pick up as it did from 07 to 08, the debt they are carrying now will become insignificant as will these low SPs.