American Scientific Resources (ASFX)

[makeamint2]

my guess is that their financing blew up, if it ever existed (at least in the way they suggested.

They somehow felt they needed these finished goods (maybe a conforming component of yet another debt instrument somewhere)

Only way to get the goods, they in effect borrow to place order and in effect spend approx $150k in interest and free shares.

Seeing as how in the best case scenario they make $7 gross per unit less about 5. in fixed costs like broker commissions, that leaves $2 bucks times 40k units is $80k gross profit best case, back out roughly $150k as above in cost of borrowing, and you have a net $70k loss plus on these 40k units