American Scientific Resources (ASFX)

[Christy from Google]

"Dog" and "Mint" have saved countless investors Millions of Dollars with their fact-based messages about this Company. They have consistently warned "newbies", and they have always been right. Proof is the fact the PPS is down 99.6% since 2009. They are Great Americians.

Here's some DD from the latest 10Q:

"Net Revenues

Net revenues from product sales for the six months ended June 30, 2011 were $323,376, an increase of approximately $10,000 or 3% from net revenues of $313,151 for the same period in 2010.

Net Loss

The net loss applicable to common shareholders was $6,142,744 for the six months ended June 30, 2011 compared to a net loss of $2,293,774 for the same six month period in 2010.

As of the date of this Quarterly Report on Form 10-Q, we currently have sufficient cash to sustain our operations for a period of approximately one month. Management estimates that it will need $3,000,000 over the next twelve months to fund all of the Company’s current product development and marketing projects, including $1,000,000 to fund marketing programs for the VeraTemp thermometer."

So on Revenue of ONLY $323,376, ASFX is losing $6,142,744!!!!!!!!!! So the real question is "Just how long can this continue????" Answer "For as LONG as the Creditors keep pumping Cash into it."

Now ask yourself one final question "Do the Creditors really care about the Shareholders???" IMHO the Creditors don't care at all, they just want their Cash back. And where are they going to get that CASH????? From investing newbies.

Read the SEC filings carefully. Seriously, is it all about Facebook friends and insignificant $3,500 PRs?????