American Scientific Resources (ASFX)

[Christy from Google]

Sections 1.3.4 and 1.3.5. of the SM/ASFX Sales Agreement. Clear as day MM. Except for the part about "Concorde Capital Ltd", a Russian Investment Banker from Ukraine, with an office in Burmuda.

And, of course, the "Conflicts of Interests" and "full-time" status of Management. Dr T discloses he's the only full-time member of Management and that other members of Management have Conflicts of Interest. No word as to the Conflict of Interest, BUT there was no word about "Concorde Capital Ltd" either. Maybe the S-1a is complete BS MM.

And then there's the the "Fixed Asset" disclosure. ASFX has a whole $10,000 of Net Fixed assets. Big time Infrastruture MM.

Maybe they can't buy the latest up-to-date stuff for their medical business. The old stuff is still good, Maybe. But we have to spent a $1,000,000 on professional services associated with "whatever".

SM is providing everything to ASFX, and stands to make serious cash if capital can be raised from the investing Public. ASFX doesn't even have to sell ONE NDD. Roth and his buddies at SM and "Concorde Capital Ltd" now control ASFX.

Would love to know who is Roth's Silent 35% Partner is, and why not ONE word about him. The SOX regs were passed for a very good reason MM, its called DISCLOSURE. The more the Better.