American Scientific Resources (ASFX)

[doggone]

Yes i know that is the preferred scenario, however i believe the reality of 'why' is a bit different. It would certainly be beneficial to shareholders to know, just as it would the true float. What do you make of this revelation, from Q2,
On may 13 the company committed to issue more common shares than authorized by the articles of incorporation---- if the company were to be required to settle all it's outstanding warrants and liabilities with common shares, the company would be required to issue in excess of 594 million common shares beyond the current A/S of 2.5 billion.
Seems to me they are just digging in deeper and deeper. GLTY Dog