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Monday, July 26, 2010 9:53:37 AM
"The Company's newly manufactured Non-Contact Thermometers including the Kidz-Med 5-in-1 consumer model and the VeraTemp 5-in-1 professional model, which utilize the latest in technology as a trauma-free, no-touch way to take a temperature quickly and easily, are scheduled to hit the market during the third quarter 2010.
Dr. Christopher Tirotta, CEO of American Scientific, commented, "Having non-dilutive financing available at this progressive stage in the Company's timeline not only improves our operational cash position but also provides assurance to current and new vendors that their PO's will be delivered on time.""
It should be an interesting next few months.
JMO - Do your own DD.
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