American Scientific Resources (ASFX)

[Warmy]

I never said that they would increase the A/S again. Re-read the post.

Anyway, $1M in debt is nothing. For perspective, think about this. If all 6000 Walgreens sold 1 Thermofocus a week giving ASFX $25 profit per sale, in ONE year that is $7.8Mil in profit. Now think about this... that is just for Thermofocus sales in Walgreens and does not include CVS, Babies R Us or any online venue. On top of that the posted gross profit in that link you gave indicates greater than $25 per sale... much greater.

That financial report shows EXACTLY why anyone should buy ASFX. The profit margins are huge and sales increased significantly over the previous year. Run that growth out through 2009 and see what you end up with.