American Security Resources Corp. (ARSC)

[lowman]

Call it manipulation, call it frogpoop if ya want. I'm only laying it out as I've known this company for nearly 5 years. Their recent PRs are little different from their old PRs. It's been the longest 60 days of my life, and I'm STILL waiting to know 'details'. Maybe next year, we'll actually GET the details. But then, maybe not.


HOUSTON, Apr 07, 2009 (BUSINESS WIRE) -- The Board of Directors of American
Security Resources Corp. (OTCBB:ARSC) has voted to spin off its wholly owned
subsidiary, Hydra Fuel Cell Corporation (www.hydrafuelcell.com), in a special
dividend to the shareholders.

The plan approved by the Board calls for a significant investment directly into
Hydra before the spin-off. The spin-off will be submitted to the shareholders in
a proxy which will describe the transaction and contain the ratio of Hydra
shares to ARSC shares for the dividend. The company expects to have the details
of the spin-off completed within 60 days. After the spin-off Hydra's stock will
trade independently