American Scientific Resources (ASFX)

[Christy from Google]

"And a representative APPOINTED by Concode Capital Limited" (you forgot the "Limited" MM). Who/what is "Concorde Capital Limited"?????

Nothing about this power, why it was given, the relationship to SM, the relationship to Roth, the relationship to Reznick, the relationship to Goldin et al, was disclosed anywhere in the filings.

In addition, nothing was disclosed about the ownership of SM, except Roth owns 65%. NOTHING (Gotta love GAAP and the Arthur Anderson characters at ENRON). Gotta love SOX too, because disclosure is important to the SEC. As a matter of fact, DISCLOSURE IS EVERYTHING to the SEC.

Who is "Concorde Capital Ltd" and what control does it have over Roth via other operating business enterprises and/or agreements? Igor controls Concorde, does he also control Roth via other Agreements?????????????

Google "Concorde Capital Limited" BTW. I believe Reznick's office in Kiev, Ukraine is within walking distance of the "Concorde Capital Ltd." office. I wonder if Concorde Capital Ltd secretaries answer Reznick's phone over there????

And Section 1.3.5 confirms Roth is Not a full-time employee of ASFX, and more importantly, "conflicts of interest" could arise. Shaaazzammmm.

Which, of course, begs the question, "How much time does Roth actually spend on ASFX business?"

15th post, I'll see you on Thursday.