American Scientific Resources (ASFX)

[makeamint2]

RE-EDIT Sorry CFG, but I just looks like vapor to me. 10 million equity line when you have no equity to issue, is alot like circular logic.

Did the company or affiliated entities pay an investment banking fee? Any type of origination or referral fee? Was a consultancy fee or any financial or reportable obligation incurred.

Did any related parties receive any direct or indirect benefit arisisng out of the total relationship with New Equity provider?

Are the funds immediately available and if not what are the provisos for accessing the fund?

Before we go off singing the praises of a deal that is hard to fathom in the company's current financial status, lets try to understand what the deal is or is not.