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Thursday, August 19, 2010 4:55:17 PM
It appears increased trading anticipated with the lifting of trade restrictions by TD was a bit over blown and now disappointing to say the least, anticipation was high but has since faded.
If ASFX has significant revenue or verified purchase orders in hand investors should enjoy a nice positive move. However, if neither significant revenue or PO's are present I am afraid ASFX investors will be adversely affected. Conviction and confidence is already low as many have been waiting for a very long time now for ASFX to get it's act together and deliver somerthing of value to shareholders. The repeated S-1A's adding the removing selling shareholders withoput explanation has caused concern among many. Rumors regarding 'agreements' (Marc) abound and this is always a red flag in the absence of any order to buy product.
I would have more confidence in ASFX as a serious long term investment were it not for the fact that the only products they have to offer ( I dismiss Mebby entirely) have no apparent market demand. Add this to the fact that those involved and associated have little history of success and I'm not left with much in which to get excited. My recent DD concerning Granite is very disturbing given the amount of shares they hold.
But hey, i could be wrong, but what if I ain't. Dog, jus thinkin out loud
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