American Scientific Resources (ASFX)

[medicineman]

Actually the dilution occurs only as these new shares are sold. This is the same as it's always been, in that the number of ISSUED shares determines the level of dilution. The plus side of this scenario is that the company will finally be able to bring in the cash that, as we all know (and have known for some time), it is in dire need of to move forward. In my own humble opinion, the ONLY chance the shareholders have to make any real money with this stock is for the company succeeds in it's plans. Obviously, that can't be done without cash, so as far as I can see, this move (or a R/S) was the only possible method of proceeding in the right direction. Again, in my opinion, the shareholders accept that the company has to bring in some more partners (meaning sell some more shares), or kiss what we've already invested GOODBYE. Typical scenario for what I consider to be a company that is still in the "start-up" phases.

Bashers, pumpers, MM's, etc., will all spin this to fit their agenda, but these are routine steps in any new venture. Remember, this IS a penny stock, where the returns can be in the thousands of percent, or can be zero. Those who can and want to take the chance on a hefty return play in penny land. Those who don't stick to the major boards (safer, but with less chance of a windfall). If you can't stand the heat, get out of the kitchen...