American Security Resources Corp. (ARSC)

[lowman]

In a perfect world, I might agree with you on more points. Unfortunately, there's just too many of the wrong red flags here. I don't buy for a second, their excuse for not allowing the fuel cell to be viewed. For Christ's sake, I'm an investor. I have no desire to steal their technology. I'd even have signed a non-disclosure statement, if needed be. Management and I spoke for no less than a year before I actually requested to see the FC in operation in Miami. Denied/refused/sidestepped...whatever ya wanna call it. That's one point.

Consider also, all the money they've dumped into Hydra Corp and in the end, they don't even have a hydrogen fuel cell? WTF??? Does management even know what they're doing? Did they just use this Hydra Corp as a place to launder shareholder money?

Or, look at the lask 10-K. Their liabilities FAR exceed any assets. What are they going to use to secure these new notes with? A song and a dance? Worse, how is it they have sold many millions of dollars worth of stock, and not have ANYTHING that shareholders can see, much less put their finger on?

And the pic in the iBox of the supposed FC, that looks amazingly similar to a stuffed animal vending machine that you can buy at Sam's Club, rigged with hoses, tubes, and wires, and whatnot.

Oh, and let's not forget that the CEO himself even stated in writing that their technology is not even patent pending yet. And you think they're going into production soon? No offense, but....