American Scientific Resources (ASFX)

[Warmy]

The actual statement was...

"The Company (via its Kidz-Med subsidiary) retains the right to market Thermofocus thermometers to select retailers in the United States. Management believes that this settlement will enable ASFX to continue to expand with a secure source of product and in renewed cooperation with Tecnimed."

Agreed that there isn't much information there but it's not necessarily a negative statement. This could very simply mean that they retain what market that they have always had. The last sentence sounds very positive to me.

Now that they have this lawsuit "monkey" off of their back, maybe now they can focus on growth.